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Energy Vault Holdings NRGV Provision for (benefit from) credit losses

Provision for (benefit from) credit losses 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:CreditLossExpenseReversal.

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 provision for (benefit from) credit losses?
Energy Vault Holdings (NRGV) reported provision for (benefit from) credit losses of $25K in Q1 2026.
How has Energy Vault Holdings's provision for (benefit from) credit losses changed year-over-year?
Energy Vault Holdings's provision for (benefit from) credit losses increased by 327.3% year-over-year, from -$11K to $25K.
What is the long-term trend for Energy Vault Holdings's provision for (benefit from) credit losses?
Over 2 years (2023 to 2025), Energy Vault Holdings's provision for (benefit from) credit losses has grown at a 692.0% compound annual growth rate (CAGR), from $150K to $9.41M.
What does provision for (benefit from) credit losses mean?
This metric represents the periodic charge or reversal recorded to adjust the allowance for expected credit losses on financial assets, such as trade receivables. It reflects management's assessment of the risk that counterparties will fail to meet their contractual payment obligations. Monitoring this helps investors gauge the credit quality of the company's customer base and the potential for future bad debt expenses.