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Energy Vault Holdings NRGV United States — United States

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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:IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic.

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 itemYear Ended December 31, 2025Year Ended December 31, 2024
United States$(82,925)$(123,143)
Switzerland(8,890)(8,151)
United Kingdom(1,700)(1,993)
Australia(2,363)(2,448)
China(17)(11)
Total loss before tax$(95,895)$(135,746)

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Energy Vault Holdings's united states — united states?
Energy Vault Holdings (NRGV) reported united states — united states of -$20.73M in Q4 2025.
How has Energy Vault Holdings's united states — united states changed year-over-year?
Energy Vault Holdings's united states — united states increased by 32.7% year-over-year, from -$30.79M to -$20.73M.
What is the long-term trend for Energy Vault Holdings's united states — united states?
Over 3 years (2022 to 2025), Energy Vault Holdings's united states — united states has grown at a 16.5% compound annual growth rate (CAGR), from -$52.51M to -$82.93M.
What does united states — united states mean?
This metric represents the segment-specific operating profit or loss attributed to the United States geographic region. It isolates the financial performance of domestic activities from the broader corporate entity, highlighting regional profitability trends. Investors use this to evaluate the operational efficiency and cost structure of the company's primary market presence.

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