Energy Vault Holdings, Inc. (NRGV) — Financial statements
Income statement, balance sheet, and cash flow for Energy Vault Holdings, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 204↑340.9% | 46↓86.5% | 342↑134.1% | 146 | 0.00 | |
| Cost of Revenue | 156↑289.1% | 40↓87.7% | 324↑274.2% | 87↑3452.7% | 2 | |
| Gross Profit | 48↑675.7% | 6↓64.7% | 18↓70.4% | 59↑2533.2% | -2 | |
| Operating Expenses | ||||||
| R&D Expenses | 15↓43.7% | 26↓29.9% | 37↓25.9% | 50↑532.7% | 8 | |
| General & Administrative Expenses | 81↑28.9% | 63↓7.5% | 68↑19.6% | 57↑215.2% | 18 | |
| Selling & Marketing Expenses | 14↓13.5% | 16↓13.0% | 18↑44.7% | 13↑1389.0% | 0.85 | |
| SG&A Expenses | 95↑20.4% | 79↓8.6% | 86↑24.1% | 69↑267.7% | 19 | |
| Other Expenses | 13↓59.1% | 31↑3413.3% | 0.89 | 0.00↑100.0% | -2 | |
| Operating Expenses | 122↓10.2% | 136↑9.6% | 124↑3.9% | 120↑390.4% | 24 | |
| Total Costs & Expenses | 278↑57.8% | 176↓60.7% | 448↑117.5% | 206↑668.8% | 27 | |
| Operating Results | ||||||
| Operating Income | -74↑42.8% | -130↓21.8% | -107↓77.1% | -60↓124.7% | -27 | |
| Depreciation & Amortization | 6↑441.3% | 1↑18.5% | 0.89↓89.5% | 8↑248.3% | 2 | |
| EBITDA | -82↑39.3% | -135↓37.5% | -98↓41.0% | -69↓140.1% | -29 | |
| EBIT | -87↑35.5% | -136↓37.3% | -99↓26.8% | -78↓148.5% | -31 | |
| Interest & Other Income | ||||||
| Net Interest Income | -7↓236.0% | 5↓33.3% | 8↑119.8% | 4↑7286.0% | 0.05 | |
| Interest Income | 1↓80.1% | 6↓32.1% | 8↑120.7% | 4↑6378.9% | 0.06 | |
| Interest Expense | 8↑6781.3% | 0.12↑251.4% | 0.04 | 0.00↓100.0% | 0.01 | |
| Non-Operating Income | 13↑132.2% | 6↑170.5% | -8↓145.3% | 18↑290.0% | 5 | |
| Other Income / Expenses | -22↓274.4% | -6↓172.4% | 8↑145.1% | -18↓289.4% | -5 | |
| Income Before Tax | -96↑29.4% | -136↓37.4% | -99↓26.9% | -78↓148.5% | -31 | |
| Income Tax Expense | 8↑11486.6% | 0.07↑119.2% | -0.35↓181.7% | 0.43↑42600.0% | 0.00 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -104↑23.7% | -136↓38.0% | -98↓25.7% | -78↓149.9% | -31 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -104↑23.7% | -136↓37.9% | -98↓25.7% | -78↓149.9% | -31 | |
| Bottom-Line Net Income | -104↑23.7% | -136↓37.9% | -98↓25.7% | -78↓149.9% | -31 | |
| EPS (Basic) | -0.65↑28.6% | -0.91↓31.9% | -0.69↓7.8% | -0.64↓120.7% | -0.29 | |
| EPS (Diluted) | -0.65↑28.6% | -0.91↓31.9% | -0.69↓7.8% | -0.64↓120.7% | -0.29 | |
| Weighted Average Shares | 161↑7.1% | 150↑4.9% | 143↑15.9% | 123↑14.9% | 107 | |
| Weighted Average Diluted Shares | 161↑7.1% | 150↑4.9% | 143↑15.9% | 123↑14.9% | 107 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.