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Operating margin at other companies

Tesla, Inc. logo
Tesla, Inc.TSLA
5%-1.6pp
Eos Energy Enterprises, Inc. logo
Eos Energy Enterprises, Inc.EOSE
-177.7%-79.8pp
XPLR Infrastructure, LP logo
XPLR Infrastructure, LPXIFR
2.5%+1.3pp
Shoals Technologies Group, Inc. logo
Shoals Technologies Group, Inc.SHLS
11.2%-0.1pp
Enphase Energy logo
Enphase EnergyENPH
6.9%-2.9pp
Monolithic Power Systems logo
Monolithic Power SystemsMPWR
27.1%+1.4pp

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
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

Calculated from Energy Vault Holdings’s reported figures.

Based on trailing twelve months.

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 operating margin?
Energy Vault Holdings (NRGV) reported operating margin of -35.8% in Q1 2026.
How has Energy Vault Holdings's operating margin changed year-over-year?
Energy Vault Holdings's operating margin increased by 86.7% year-over-year, from -268.8% to -35.8%.
What is the long-term trend for Energy Vault Holdings's operating margin?
Over 3 years (2022 to 2025), Energy Vault Holdings's operating margin has grown at a -5.5% compound annual growth rate (CAGR), from -43.2% to -36.5%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.