Energy Vault Holdings NRGV Provision for (benefit from) credit losses
Provision for (benefit from) credit losses at other companies
Other financials
Where this comes from
Reported directly by Energy Vault Holdings in its filing.
Tagged under the XBRL concept nrgv:IncreaseDecreaseInAllowanceForCreditLosses.
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 does provision for (benefit from) credit losses mean?
- This represents the expense or reversal related to the estimated uncollectibility of accounts receivable and other financial assets. It serves as a gauge for credit risk management and the financial health of the company's customer base. An increasing provision suggests potential challenges in revenue realization or deteriorating customer creditworthiness.