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Energy Vault Holdings NRGV Business Segments

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Revenue by Product
Intellectual property (“IP”) licensing$72K-97.9%$3.31M+2,780%$3.28M+286%$3.27M+285%$3.37M+359%
Operation and maintenance services$1.45M+6.3%$1.28M+17.8%$1.13M+37.8%$1.1M+101%$1.37M
Sale of energy storage products$211.02M+405%$196.2M+340%$77.45M-39.9%$46.51M-84.5%$41.76M-87.6%
Software licensing$610K+27.1%$540K+46.7%$469K+75.7%$448K+195%$480K

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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.