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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$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:SalariesAndWages.

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
Cost of revenue (1)11,9935,99629,0849,654
Gross profit5,3762,51610,1647,392
Non-personnel operating costs (2)13,5097,57323,45514,860
Salaries and wages (3)10,1898,62919,93117,541
Stock-based compensation4,3668,98411,41918,260
Depreciation, amortization, and accretion (excluding amounts included in cost of revenue)1,9194734,142778
Interest expense4,1922,5167,6582,611
Interest income(704)(312)(1,272)(627)

Item 1. Financial Statements

FAQ

What is Energy Vault Holdings's business segments — salaries and wages?
Energy Vault Holdings (NRGV) reported business segments — salaries and wages of $10.19M in Q2 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 18.1% year-over-year, from $8.63M to $10.19M.
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.

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