What is Energy Vault Holdings's total cost of revenue?

Energy Vault Holdings (NRGV) reported total cost of revenue of $17.09M in Q1 2026.

How has Energy Vault Holdings's total cost of revenue changed year-over-year?

Energy Vault Holdings's total cost of revenue increased by 367.2% year-over-year, from $3.66M to $17.09M.

What does total cost of revenue mean?

The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.

Energy Vault Holdings NRGV Total Cost of Revenue

Total Cost of Revenue at other companies

Tesla, Inc.TSLA

$17.67B+9.2%

Eos Energy Enterprises, Inc.EOSE

$101.39M+190%

Fluence Energy, Inc.FLNC

$418.26M+7.5%

Shoals Technologies Group, Inc.SHLS

$99.55M+90.6%

Enphase EnergyENPH

$182.51M-2.8%

AESAES

$2.54B+2.2%

Segments

By segment

See full

Reportable Segment$17.09M+367%

Other financials

Income statement

See full

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

See full

Cash & equivalents$117.1M+148%

Total debt$211.4M+643%

Total equity$30.5M-73.5%

Total assets$298.0M+37.1%

Cash flow

See full

Operating cash flow-$53.8M-1,871%

CapEx$7.1M+4.1%

Free cash flow-$60.9M-540%

Valuation

See full

Market cap$759.33M+502%

Enterprise value$853.62M+695%

P/S3.5×+0.8×

Profitability

See full

Gross margin22.1%+2.9pp

Operating margin-35.8%-16.6pp

Net margin-53%-23.8pp

FCF margin-247.8%—

Returns & leverage

See full

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:CostOfRevenue.

The official record: Energy Vault Holdings’s 10-Q, filed May 19, 2026, on SEC EDGAR. View the filing →

Ask your AI about Energy Vault Holdings's total cost of revenue.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Energy Vault Holdings's total cost of revenue?: Energy Vault Holdings (NRGV) reported total cost of revenue of $17.09M in Q1 2026.
How has Energy Vault Holdings's total cost of revenue changed year-over-year?: Energy Vault Holdings's total cost of revenue increased by 367.2% year-over-year, from $3.66M to $17.09M.
What does total cost of revenue mean?: The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.