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Energy Vault Holdings NRGV Non-Controlling Interests

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Other financials

Income statement

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Revenue$17.4M+104%
Gross profit$5.4M+114%
Operating income-$24.7M+12.4%
Net income-$29.7M+15.0%
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:MinorityInterest.

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 itemJune 30,2026December 31,2025
Preferred stock, $0.0001 par value; 5,000 shares authorized, none issued
Common stock, $0.0001 par value; 500,000 shares authorized, 179,940 and 168,969 issued and outstanding at June 30, 2026 and December 31, 2025, respectively1817
Additional paid-in capital557,315555,873
Accumulated deficit(549,610)(487,433)
Accumulated other comprehensive loss(835)(966)
Non-controlling interest(31)(31)
Total stockholders’ equity6,85767,460
Total Liabilities, Mezzanine Equity, and Stockholders’ Equity$370,526$312,876

Item 1. Financial Statements

FAQ

What is Energy Vault Holdings's non-controlling interests?
Energy Vault Holdings (NRGV) reported non-controlling interests of -$31K in Q2 2026.
How has Energy Vault Holdings's non-controlling interests changed year-over-year?
Energy Vault Holdings's non-controlling interests decreased by 14.8% year-over-year, from -$27K to -$31K.
What does non-controlling interests mean?
Equity attributable to minority shareholders in subsidiaries not fully owned by the parent — their proportional claim on subsidiary net assets.

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