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Segments

By geography

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United States$98.78M

Other financials

Income statement

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Revenue$17.4M+104%
Gross profit$5.4M+114%
Operating income-$24.7M+12.4%
Net income-$29.7M+15.0%
EPS (diluted)-$0.18+18.2%

Balance sheet

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Cash & equivalents$148.0M+155%
Total debt$244.9M+288%
Total equity$6.9M-92.4%
Total assets$370.5M+48.9%

Cash flow

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Operating cash flow-$30.6M-299%
CapEx$9.1M+8.8%
Free cash flow-$39.7M

Valuation

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Market cap$632.53M+185%
Enterprise value$729.44M+221%
P/S2.8×-1.5×

Profitability

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Gross margin22.5%+2.2pp
Operating margin-32.8%-15.2pp
Net margin-48.6%-22.0pp
FCF margin-64.1%

Returns & leverage

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Return on equity-225.9%-1,190pp
Debt / equity35.7×+35.0×
Current ratio1.2×+0.5×

Where this comes from

Reported directly by Energy Vault Holdings in its filing.

Tagged under the XBRL concept us-gaap:PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization.

The source filing: Energy Vault Holdings’s 10-Q, filed August 11, 2026.

Filed
Aug 11, 2026, 4:10 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001828536-26-000101
Line itemJune 30,2026December 31,2025
Property and equipment held for sale6,178
Prepaid expenses and other current assets15,2495,067
Total current assets181,549121,070
Property and equipment, net96,13396,064
Intangible assets, net7,1958,277
Operating lease right-of-use assets, net2,0242,242
Investments, long-term portion1,3363,366
Restricted cash, long-term portion40,66940,466

Item 1. Financial Statements

FAQ

What is Energy Vault Holdings's PP&E (net)?
Energy Vault Holdings (NRGV) reported PP&E (net) of $96.13M in Q2 2026.
How has Energy Vault Holdings's PP&E (net) changed year-over-year?
Energy Vault Holdings's PP&E (net) decreased by 20.5% year-over-year, from $120.88M to $96.13M.
What is the long-term trend for Energy Vault Holdings's PP&E (net)?
Over 4 years (2021 to 2025), Energy Vault Holdings's PP&E (net) has grown at a 68.7% compound annual growth rate (CAGR), from $11.87M to $96.06M.
What does PP&E (net) mean?
Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

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