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Energy Vault Holdings NRGV Impairment of strategic investments

Impairment of strategic investments at other companies

Gray Television logo
Gray TelevisionGTN
$5M-20.0%
USANA Health Sciences logo
USANA Health SciencesUSNA
$0
Energy Vault Holdings logo
Energy Vault HoldingsNRGV
$0-100%
Diodes logo
DiodesDIOD
$1.25M-78.5%
LivaNova logo
LivaNovaLIVN
$1.13M
Schneider National logo
Schneider NationalSNDR
$4.9M

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:EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossAnnualAmount.

The official record: Energy Vault Holdings’s 10-K, filed March 18, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Energy Vault Holdings's impairment of strategic investments?
Energy Vault Holdings (NRGV) reported impairment of strategic investments of $0 in Q4 2025.
How has Energy Vault Holdings's impairment of strategic investments changed year-over-year?
Energy Vault Holdings's impairment of strategic investments decreased by 100.0% year-over-year, from $2.93M to $0.
What does impairment of strategic investments mean?
This metric represents the impairment charges recognized when the carrying value of strategic equity investments in other entities is deemed to be permanently diminished. It highlights the risks associated with minority stakes or venture-style investments in external companies. Significant impairment charges often signal a decline in the strategic value or financial health of the underlying investee.