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Energy Vault Holdings NRGV Foreign — PP&E (Net)

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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:PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization.

The source filing: Energy Vault Holdings’s 10-K, filed March 18, 2026.

Filed
Mar 18, 2026, 12:00 AM EDT
Fiscal year
FY2025
Accession
0001828536-26-000022
Line itemDecember 31, 2025December 31, 2024
United States$92,145$98,784
Foreign3,919709
Property and equipment, net$96,064$99,493

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Energy Vault Holdings's foreign — PP&E (net)?
Energy Vault Holdings (NRGV) reported foreign — PP&E (net) of $3.92M in Q4 2025.
What does foreign — PP&E (net) mean?
This metric represents the net book value of tangible assets, such as machinery, infrastructure, and facilities, located outside the company's primary country of operations. It reflects the capital investment deployed in international markets to support grid-scale energy storage projects and operational capacity. Monitoring this figure helps investors assess the scale of the company's global physical footprint and its commitment to international market expansion.

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