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Energy Vault Holdings NRGV Business Segments — Salaries and wages

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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:SalariesAndWages.

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 — salaries and wages?
Energy Vault Holdings (NRGV) reported business segments — salaries and wages of $9.74M in Q1 2026.
How has Energy Vault Holdings's business segments — salaries and wages changed year-over-year?
Energy Vault Holdings's business segments — salaries and wages increased by 9.4% year-over-year, from $8.91M to $9.74M.
What is the long-term trend for Energy Vault Holdings's business segments — salaries and wages?
Over 2 years (2023 to 2025), Energy Vault Holdings's business segments — salaries and wages has grown at a -2.2% compound annual growth rate (CAGR), from $41.21M to $39.41M.
What does business segments — salaries and wages mean?
Reflects the total cash compensation paid to employees directly supporting the reportable segment's operations. This metric provides insight into the human capital investment required to sustain the segment's project execution and technical development.