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Energy Vault Holdings NRGV Advances to suppliers

Advances to suppliers at other companies

Kimball Electronics logo
Kimball ElectronicsKE
-$2.31M-350%
Costco Wholesale logo
Costco WholesaleCOST
$2.5B+314%
L3Harris Technologies logo
L3Harris TechnologiesLHX
-$527M-1,113%
ATN International logo
ATN InternationalATNI
$4.15M+61.7%
GE HealthCare Technologies logo
GE HealthCare TechnologiesGEHC
$221M+51.4%
Fox Corporation logo
Fox CorporationFOXA
-$134M

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:IncreaseDecreaseInAdvancesToSuppliers.

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 advances to suppliers?
Energy Vault Holdings (NRGV) reported advances to suppliers of $2.67M in Q1 2026.
How has Energy Vault Holdings's advances to suppliers changed year-over-year?
Energy Vault Holdings's advances to suppliers increased by 147.3% year-over-year, from -$5.64M to $2.67M.
What does advances to suppliers mean?
This metric represents the net change in cash payments made to suppliers for goods or services that have not yet been delivered or performed. It reflects the company's working capital commitment to secure supply chains and manage procurement lead times. An increase in this balance indicates higher upfront capital requirements for future project execution.