What is Energy Vault Holdings's total revenue?

Energy Vault Holdings (NRGV) reported total revenue of $21.88M in Q1 2026.

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

Energy Vault Holdings's total revenue increased by 156.4% year-over-year, from $8.53M to $21.88M.

What does total revenue mean?

The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

Energy Vault Holdings NRGV Total Revenue

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Segments

By product

See full

Sale of Energy Storage Products to Customers Under Bill-and-Hold Arrangements$47.2M—

Sale of energy storage products$19.71M+303%

Operation and maintenance services$444K+60.9%

Software licensing$182K+62.5%

Intellectual property (“IP”) licensing$15K-99.5%

By segment

See full

Reportable Segment$21.88M+156%

By geography

See full

United States$85.64M—

Other financials

Income statement

See full

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:Revenues.

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

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Questions, answered.

What is Energy Vault Holdings's total revenue?: Energy Vault Holdings (NRGV) reported total revenue of $21.88M in Q1 2026.
How has Energy Vault Holdings's total revenue changed year-over-year?: Energy Vault Holdings's total revenue increased by 156.4% year-over-year, from $8.53M to $21.88M.
What does total revenue mean?: The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.