Energy Vault Holdings, Inc.

Energy Vault Holdings, Inc.

NRGV
Energy Vault Holdings, Inc.US flagNew York Stock Exchange
5.86
USD
+0.51
- -
1.04BMarket Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
1.18
2.39
0.31
1.27
1.32
Basic EPS, GAAP
-0.08
-0.18
-0.23
-0.64
-0.69
-0.91
-0.65
-0.7
Free Cash Flow per Basic Share
-0.12
-0.14
-0.17
-0.21
-0.9
-0.77
-0.3
-0.59
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-0.1
-0.28
-0.52
-1.19
-1.74
-2.56
-3.04
-3.15
Tangible Book Value per Share
-0.11
-0.3
-0.51
2.33
1.55
0.81
0.5
0.28
Basic Weighted Avg Shares
134
134
134
123
143
150
161
165
Sales/Revenue/Turnover
- -
- -
- -
146
342
46
204
217
Operating Margin (%)
- -
- -
- -
-41.31
-31.25
-280.66
-36.51
-35.79
Depreciation Expense
- -
- -
2
8
1
1
6
9
Net Income, GAAP
-10
-24
-31
-78
-98
-136
-104
-115
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
-53.67
-28.82
-293.84
-50.87
-52.97
Working Capital
12
7
103
265
168
14
-44
32
LT Debt
1
2
1
1
1
1
40
152
Total Equity
-14
-40
-69
288
224
126
89
54
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
29
57
22
LT Borrowings
32
38
151
LT Finance Leases
2
2
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
167
169
174
Market Capitalization
460
740
545

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
103
121
104
Cash, Cash Equivalents & STI
33
59
56
Accounts Receivable, Net
4
26
5
Inventories
7
- -
- -
Total Current Liabilities
164
165
72
Payables & Accruals
66
89
31
ST Debt
29
57
22
Deferred Revenue
64
7
15

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-108.27%
-29.81%
Free Cash Flow
- -
74.01%
-58.06%
Net Income, GAAP
- -
43.89%
-23.68%
Sales/Revenue/Turnover
- -
- -
340.86%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
8
4
1
33
46
2025
9
9
33
153
204
2026
22
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.14
-0.18
-0.18
-0.43
-0.91
2025
-0.14
-0.22
-0.16
-0.12
-0.65
2026
-0.19
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Robert Allen Piconi
Full Time Employees
158
Sector
Utilities
Industry
Renewable Utilities
Address
4360 Park Terrace Drive Westlake Village CA United States of America 91361
IPO Date
Mar 29, 2021
Business
Energy Vault Holdings, Inc. develops, deploys, and operates utility-scale energy storage solutions designed to transform sustainable energy storage worldwide. The company offers a diversified portfolio of proprietary energy storage technologies including gravity-based products such as G-VAULT™ and EVx™, lithium-ion battery systems like B-VAULT™ and B-Nest™, hybrid and green hydrogen storage solutions under H-VAULT™, and advanced software platforms such as VaultOS™ for real-time energy management, Vault-Bidder™ for revenue optimization, and Vault-Manager™ for asset performance analytics. These products cater to utilities, independent power producers, and large industrial customers, delivering customized short, long, and ultra-long-duration storage solutions primarily across the United States, Australia, and Europe. Founded in 2020 and headquartered in Westlake Village, California, Energy Vault integrates its hardware technologies with a technology-agnostic energy management system to optimize dispatch and enhance grid reliability. Recent major company developments include the launch of the Asset Vault platform, backed by a $300 million preferred equity investment from Orion Infrastructure Capital, enabling Energy Vault to build, own, and operate energy storage assets globally with a target deployment exceeding 1.5 GW backed by a 3 GW/12+ GWh active project pipeline. The company has acquired a 150 MW battery energy storage project in Texas under this platform and plans commercial operations beginning in 2027. Strategic partnerships have been established, such as the alliance with Turkey’s Astor Enerji for battery storage deployments totaling 2 GWh and transformer procurement. Additionally, Energy Vault secured $50 million in corporate debenture financing to support growth initiatives and announced framework supply agreements for battery storage systems in the Balkans. The company also reported narrowing EBITDA losses and positive cash flow projections for 2025, alongside ongoing deployments in renewable energy storage projects, including wildfire resilience and grid-scale infrastructure integration. Energy Vault operates through subsidiaries and maintains a global presence with a focus on scaling energy storage solutions that support the accelerating transition to renewable energy systems. The company's innovations in gravity, battery, and hydrogen storage technologies, combined with comprehensive energy management software, position it as a key player in the evolving energy storage industry. Its strategic asset ownership and operational expansion reflect a shift toward integrated independent power producer (IPP) business models designed to generate high-margin, long-term contracted cash flows, supporting large-scale decarbonization efforts worldwide.

Company News

APIChat
  • Energy Vault Closes Acquisition of 850 MW Energy Storage Portfolio from BayWa r.e. AG, Establishing Immediate Operational Platform to Capture Growth in Japan

  • Energy Vault Appoints IPP Industry Vet Cory Magnuson as President of Asset Vault, Announces Expansion of Financing Platform to Support Massive Demand in AI Compute Infrastructure Solutions

  • Energy Vault Stock Has Surged 500%. One Major Holder Just Sold 3 Million Shares

  • Energy Vault Holdings, Inc. Announces New Hire Awards Under NYSE Listing Rule 303A.08

  • Energy Vault and Eskom Announce Strategic Development Agreement to Deploy Grid-Scale Gravity Energy Storage Systems in South Africa

  • Energy Vault Holdings, Inc. (NRGV) Q1 2026 Earnings Call Transcript

  • Energy Vault Holdings, Inc. (NRGV) Reports Q1 Loss, Beats Revenue Estimates

  • Energy Vault Reports First Quarter 2026 Financial Results and Reaffirms 2026 Guidance

  • Energy Vault Holdings, Inc. Announces New Hire Awards Under NYSE Listing Rule 303A.08

  • Energy Vault: From Breakthrough To Real EBITDA

  • Energy Vault Schedules Conference Call to Discuss First Quarter 2026 Financial Results

  • Energy Vault Enters Japanese Market with Acquisition of 850 MW Energy Storage Portfolio, Set to Capture One of the World's Fastest-Growing Energy Storage Markets

  • Analyzing NET Power (NYSE:NPWR) & Energy Vault (NYSE:NRGV)

  • S&P Global Awards Energy Vault Highest ESG Score for Energy Storage Company for Second Straight Year, Energy Vault Publishes 2025 Corporate Sustainability Report

  • Energy Vault Announces Acquisition of 175 MW Battery Energy Storage System Project in Texas

  • Energy Vault Electrifies Market With Accelerated Growth

  • Energy Vault Holdings, Inc. (NRGV) Q4 2025 Earnings Call Transcript

  • Why Energy Vault Shares Are Trading Higher By Around 10%; Here Are 20 Stocks Moving Premarket

  • Energy Vault Holdings, Inc. (NRGV) Reports Q4 Loss, Tops Revenue Estimates

  • Energy Vault Reports Q4 and Full Year 2025 Financial Results