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Energy Vault Holdings NRGV Business Segments — Gross Profit

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Other financials

Income statement

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Revenue$21.9M+156%
Gross profit$4.8M-1.8%
Operating income-$24.2M-15.8%
Net income-$32.5M-53.7%
EPS (diluted)-$0.20-42.9%

Balance sheet

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Cash & equivalents$117.1M+148%
Total debt$211.4M+643%
Total equity$30.5M-73.5%
Total assets$298.0M+37.1%

Cash flow

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Operating cash flow-$53.8M-1,871%
CapEx$7.1M+4.1%
Free cash flow-$60.9M-540%

Valuation

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Market cap$759.33M+502%
Enterprise value$853.62M+695%
P/S3.5×+0.8×

Profitability

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Gross margin22.1%+2.9pp
Operating margin-35.8%-16.6pp
Net margin-53%-23.8pp
FCF margin-247.8%

Returns & leverage

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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:GrossProfit.

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

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Questions, answered.

What is Energy Vault Holdings's business segments — gross profit?
Energy Vault Holdings (NRGV) reported business segments — gross profit of $4.79M in Q1 2026.
How has Energy Vault Holdings's business segments — gross profit changed year-over-year?
Energy Vault Holdings's business segments — gross profit decreased by 1.8% year-over-year, from $4.88M to $4.79M.
What is the long-term trend for Energy Vault Holdings's business segments — gross profit?
Over 2 years (2023 to 2025), Energy Vault Holdings's business segments — gross profit has grown at a 65.5% compound annual growth rate (CAGR), from $17.53M to $47.99M.
What does business segments — gross profit mean?
Calculated as the difference between the reportable segment's revenue and its direct cost of revenue. This figure indicates the fundamental profitability of the segment's core business activities before accounting for overhead and operating expenses.