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Energy Vault Holdings NRGV Increase (Decrease) in Prepaid Expense and Other Assets

Increase (Decrease) in Prepaid Expense and Other Assets 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 us-gaap:IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets.

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 increase (decrease) in prepaid expense and other assets?
Energy Vault Holdings (NRGV) reported increase (decrease) in prepaid expense and other assets of $2.99M in Q1 2026.
How has Energy Vault Holdings's increase (decrease) in prepaid expense and other assets changed year-over-year?
Energy Vault Holdings's increase (decrease) in prepaid expense and other assets increased by 74.2% year-over-year, from $1.72M to $2.99M.
What is the long-term trend for Energy Vault Holdings's increase (decrease) in prepaid expense and other assets?
Over 2 years (2021 to 2023), Energy Vault Holdings's increase (decrease) in prepaid expense and other assets has grown at a 262.5% compound annual growth rate (CAGR), from -$217K to -$2.85M.
What does increase (decrease) in prepaid expense and other assets mean?
This tracks changes in cash paid in advance for goods or services that will be consumed in future periods. It reflects the timing difference between cash outflows and the recognition of related expenses on the income statement.