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Segments

By segment

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Reportable Segment-$29.69M+15.0%

Other financials

Income statement

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Revenue$17.4M+104%
Gross profit$5.4M+114%
Operating income-$24.7M+12.4%
EPS (diluted)-$0.18+18.2%

Balance sheet

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Cash & equivalents$148.0M+155%
Total debt$244.9M+288%
Total equity$6.9M-92.4%
Total assets$370.5M+48.9%

Cash flow

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Operating cash flow-$30.6M-299%
CapEx$9.1M+8.8%
Free cash flow-$39.7M

Valuation

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Market cap$632.53M+185%
Enterprise value$729.44M+221%
P/S2.8×-1.5×

Profitability

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Gross margin22.5%+2.2pp
Operating margin-32.8%-15.2pp
Net margin-48.6%-22.0pp
FCF margin-64.1%

Returns & leverage

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Return on equity-225.9%-1,190pp
Debt / equity35.7×+35.0×
Current ratio1.2×+0.5×

Where this comes from

Reported directly by Energy Vault Holdings in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The source filing: Energy Vault Holdings’s 10-Q, filed August 11, 2026.

Filed
Aug 11, 2026, 4:10 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001828536-26-000101
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Provision for income taxes8552,0738562,456
Net loss(29,692)(34,932)(62,177)(56,106)
Net loss attributable to non-controlling interest(5)(43)
Net loss attributable to Energy Vault Holdings, Inc.$(29,692)$(34,927)$(62,177)$(56,063)
Net loss per share attributable to common stockholders — basic$(0.17)$(0.22)$(0.37)$(0.36)
Net loss per share attributable to common stockholders — diluted$(0.18)$(0.22)$(0.38)$(0.36)
Weighted average shares outstanding — basic178,103156,911175,002155,326
Weighted average shares outstanding — diluted178,394156,911175,147155,326

Item 1. Financial Statements

FAQ

What is Energy Vault Holdings's net income?
Energy Vault Holdings (NRGV) reported net income of -$29.69M in Q2 2026.
How has Energy Vault Holdings's net income changed year-over-year?
Energy Vault Holdings's net income increased by 15.0% year-over-year, from -$34.93M to -$29.69M.
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.

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