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Energy Vault Holdings NRGV Change in fair value of financial instruments carried at fair value

Change in fair value of financial instruments carried at fair value at other companies

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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 nrgv:ChangeInFairValueOfFinancialInstrumentsCarriedAtFairValue.

The official record: Energy Vault Holdings’s 10-K, filed March 18, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Energy Vault Holdings's change in fair value of financial instruments carried at fair value?
Energy Vault Holdings (NRGV) reported change in fair value of financial instruments carried at fair value of $2.04M in Q4 2025.
How has Energy Vault Holdings's change in fair value of financial instruments carried at fair value changed year-over-year?
Energy Vault Holdings's change in fair value of financial instruments carried at fair value increased by 698.0% year-over-year, from $256.25K to $2.04M.
What does change in fair value of financial instruments carried at fair value mean?
This reflects the unrealized gains or losses resulting from the periodic revaluation of financial instruments, such as derivatives or warrants, to their current market value. It captures the volatility inherent in the company's financial hedging or financing arrangements. This metric is essential for understanding how market fluctuations impact the balance sheet without immediate cash flow consequences.