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Energy Vault Holdings NRGV Business Segments

FY'25FY'24FY'23FY'22
Revenue by Product
Intellectual property (“IP”) licensing$3.31M+2,780%$115K-84.4%$735K
Operation and maintenance services$1.28M+17.8%$1.09M
Sale of energy storage products$196.2M+340%$44.59M-86.9%$340.29M
Sale of Energy Storage Products to Customers Under Bill-and-Hold Arrangements$47.2M+45.7%$32.4M
Software licensing$540K+46.7%$368K$0
Tolling and PPA revenue by Product
Tolling and power purchase agreement (“PPA”) revenue$2.34M
Revenue by Geography
Australia$124.27M+12,428%$992K$0
Other$5.18M+561%$784K$0-100%$9.72M
United States$74.22M+67.1%$44.42M-87.0%$341.07M+298%$85.64M
Income (loss) from continuing operations before income taxes, foreign by Geography
Australia-$2.36M+3.5%-$2.45M-104%-$1.2M$0
China-$17K-54.5%-$11K$0
Switzerland-$8.89M-9.1%-$8.15M+40.7%-$13.74M+45.8%-$25.36M
United Kingdom-$1.7M+14.7%-$1.99M-34.8%-$1.48M$0

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Questions, answered.

How does Energy Vault Holdings break its business down?
Energy Vault Holdings (NRGV) reports revenue by product across 5 parts — Intellectual property (“IP”) licensing, Operation and maintenance services, Sale of energy storage products, Sale of Energy Storage Products to Customers Under Bill-and-Hold Arrangements and Software licensing. Each is extracted from the segment footnotes and tracked over time.
Where does Energy Vault Holdings's segment data come from?
Segment breakdowns are pulled from the segment footnotes in Energy Vault Holdings's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.