What is Energy Vault Holdings's net income?

Energy Vault Holdings (NRGV) reported net income of -$32.49M in Q1 2026.

How has Energy Vault Holdings's net income changed year-over-year?

Energy Vault Holdings's net income decreased by 53.7% year-over-year, from -$21.14M to -$32.49M.

What is the long-term trend for Energy Vault Holdings's net income?

Over 4 years (2021 to 2025), Energy Vault Holdings's net income has grown at a 34.8% compound annual growth rate (CAGR), from -$31.34M to -$103.61M.

What does net income mean?

The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

Energy Vault Holdings NRGV Net Income

Net Income at other companies

Tesla, Inc.TSLA

$477M+16.6%

Eos Energy Enterprises, Inc.EOSE

$508.88M+3,262%

Fluence Energy, Inc.FLNC

-$20.93M+32.6%

XPLR Infrastructure, LPXIFR

$33M+134%

Shoals Technologies Group, Inc.SHLS

-$297K-5.3%

Enphase EnergyENPH

-$7.41M-125%

Segments

By segment

See full

Reportable Segment-$32.49M-53.4%

Other financials

Income statement

See full

Revenue$21.9M+156%

Gross profit$4.8M-1.8%

Operating income-$24.2M-15.8%

EPS (diluted)-$0.20-42.9%

Balance sheet

See full

Cash & equivalents$117.1M+148%

Total debt$211.4M+643%

Total equity$30.5M-73.5%

Total assets$298.0M+37.1%

Cash flow

See full

Operating cash flow-$53.8M-1,871%

CapEx$7.1M+4.1%

Free cash flow-$60.9M-540%

Valuation

See full

Market cap$759.33M+502%

Enterprise value$853.62M+695%

P/S3.5×+0.8×

Profitability

See full

Gross margin22.1%+2.9pp

Operating margin-35.8%-16.6pp

Net margin-53%-23.8pp

FCF margin-247.8%—

Returns & leverage

See full

Return on equity-158.2%+1,524pp

Debt / equity6.9×+6.7×

Current ratio1.4×+0.6×

Where this comes from

Reported directly by Energy Vault Holdings in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The official record: Energy Vault Holdings’s 10-Q, filed May 19, 2026, on SEC EDGAR. View the filing →

Ask your AI about Energy Vault Holdings's net income.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Energy Vault Holdings's net income?: Energy Vault Holdings (NRGV) reported net income of -$32.49M in Q1 2026.
How has Energy Vault Holdings's net income changed year-over-year?: Energy Vault Holdings's net income decreased by 53.7% year-over-year, from -$21.14M to -$32.49M.
What is the long-term trend for Energy Vault Holdings's net income?: Over 4 years (2021 to 2025), Energy Vault Holdings's net income has grown at a 34.8% compound annual growth rate (CAGR), from -$31.34M to -$103.61M.
What does net income mean?: The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.