NRGV
Energy Vault·NYSE
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NRGV fundamentals
During Q4 2025, Energy Vault (NRGV) reported revenue of 153.31M, a YoY change of 358.03%. Net income was -20.73M, a YoY change of 66.48%. Click to view the full income statement and explore the company's earnings performance.
Income Statement
Q1,2021 | Q2,2021 | Q3,2021 | Q4,2021 | Q1,2022 | Q2,2022 | Q3,2022 | Q4,2022 | Q1,2023 | Q2,2023 | Q3,2023 | Q4,2023 | Q1,2024 | Q2,2024 | Q3,2024 | Q4,2024 | Q1,2025 | Q2,2025 | Q3,2025 | Q4,2025 | TTM |
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Start Date | Jan 1, 2021 | Apr 1, 2021 | Jul 1, 2021 | Oct 1, 2021 | Jan 1, 2022 | Apr 1, 2022 | Jul 1, 2022 | Oct 1, 2022 | Jan 1, 2023 | Apr 1, 2023 | Jul 1, 2023 | Oct 1, 2023 | Jan 1, 2024 | Apr 1, 2024 | Jul 1, 2024 | Oct 1, 2024 | Jan 1, 2025 | Apr 1, 2025 | Jul 1, 2025 | Oct 1, 2025 | -- |
End Date | Mar 31, 2021 | Jun 30, 2021 | Sep 30, 2021 | Dec 31, 2021 | Mar 31, 2022 | Jun 30, 2022 | Sep 30, 2022 | Dec 31, 2022 | Mar 31, 2023 | Jun 30, 2023 | Sep 30, 2023 | Dec 31, 2023 | Mar 31, 2024 | Jun 30, 2024 | Sep 30, 2024 | Dec 31, 2024 | Mar 31, 2025 | Jun 30, 2025 | Sep 30, 2025 | Dec 31, 2025 | -- |
Fiscal Year-End | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | -- |
Revenue | 0 -- | 0 -- | 0 -- | -- -- | 42.88M -- | 977.00K -- | 1.69M -- | 100.32M -- | 11.42M -73.37% | 39.68M +3961.41% | 172.21M +10065.58% | 118.24M +17.86% | 7.76M -32.07% | 3.77M -90.50% | 1.20M -99.30% | 33.47M -71.69% | 8.53M +9.99% | 8.51M +125.78% | 33.32M +2678.90% | 153.31M +358.03% | 203.67M -- |
Sales and Services Revenue | 0 -- | 0 -- | 0 -- | 0 -- | 42.88M -- | 977.00K -- | 1.69M -- | 98.56M -- | 11.42M -73.37% | 39.68M +3961.41% | 172.21M +10065.58% | 117.72M +19.44% | 7.76M -32.07% | 3.77M -90.50% | 1.20M -99.30% | 33.47M -71.57% | 8.53M +9.99% | 8.51M +125.78% | 33.32M +2678.90% | 153.31M +358.03% | 203.67M -- |
Other Revenue | -- -- | -- -- | -- -- | 0 -- | -- -- | -- -- | -- -- | 1.76M -- | -- -- | -- -- | -- -- | 516.00K -70.65% | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- |
Cost of Revenue | -- -- | -- -- | -- -- | -- -- | 0 -- | 571.00K -- | 1.62M -- | 84.39M -- | 9.00M -- | 35.73M +6157.97% | 165.06M +10069.87% | 114.22M +35.35% | 5.69M -36.79% | 2.72M -92.39% | 716.00K -99.57% | 30.88M -72.96% | 3.66M -35.72% | 6.00M +120.36% | 24.31M +3295.11% | 121.72M +294.11% | 155.68M -- |
Cost of Goods and Services | -- -- | -- -- | -- -- | 0 -- | -- -- | -- -- | -- -- | 86.58M -- | -- -- | -- -- | 165.06M -- | 114.22M +31.92% | 5.69M -- | 2.72M -- | 716.00K -99.57% | 30.88M -72.96% | 3.66M -35.72% | 6.00M +120.36% | 24.31M +3295.11% | 121.72M +294.11% | 155.68M -- |
Gross Profit | 0 -- | 0 -- | 0 -- | 0 -- | 42.88M -- | 406.00K -- | 71.00K -- | 15.94M -- | 2.42M -94.36% | 3.95M +872.17% | 7.15M +9967.61% | 4.02M -74.79% | 2.07M -14.51% | 1.05M -73.42% | 483.00K -93.24% | 2.59M -35.60% | 4.88M +135.78% | 2.52M +139.85% | 9.01M +1765.42% | 31.59M +1121.03% | 47.99M -- |
Operating Expenses | 2.96M -- | 8.14M -- | 5.61M -- | 12.82M -- | 22.05M +644.58% | 22.38M +174.90% | 36.28M +546.19% | 41.68M +225.06% | 35.36M +60.39% | 32.31M +44.36% | 28.38M -21.76% | 28.21M -32.30% | 26.70M -24.51% | 28.93M -10.44% | 27.56M -2.91% | 53.00M +87.84% | 25.77M -3.47% | 30.66M +5.98% | 26.59M -3.50% | 39.33M -25.78% | 122.36M -- |
Selling, General and Administrative Expenses | 1.94M -- | 3.19M -- | 3.93M -- | 9.84M -- | 12.39M +538.45% | 13.75M +330.30% | 21.79M +454.84% | 27.84M +182.98% | 24.18M +95.24% | 22.09M +60.68% | 20.23M -7.19% | 20.51M -26.32% | 19.82M -18.05% | 20.98M -5.04% | 20.01M -1.09% | 19.07M -7.04% | 21.96M +10.79% | 22.75M +8.44% | 23.31M +16.51% | 30.30M +58.91% | 98.31M -- |
Selling and Marketing Expenses | -- -- | -- -- | -- -- | 845.00K -- | -- -- | -- -- | -- -- | 12.58M +1388.99% | -- -- | -- -- | 4.18M -- | 4.60M -63.43% | 4.17M -- | 4.86M -- | 4.35M +3.92% | 2.46M -46.51% | 4.14M -0.60% | 3.16M -34.97% | 3.21M -26.16% | 3.18M +29.30% | 13.70M -- |
General and Administrative Expenses | -- -- | -- -- | -- -- | 18.06M -- | -- -- | -- -- | -- -- | 56.62M +213.59% | -- -- | -- -- | 15.81M -- | 15.69M -72.29% | 15.35M -- | 15.84M -- | 15.41M -2.54% | 16.37M +4.37% | 17.51M +14.02% | 19.11M +20.69% | 19.80M +28.52% | 24.76M +51.21% | 81.18M -- |
Research and Development Expenses | 1.02M -- | 2.20M -- | 1.70M -- | 2.99M -- | 9.66M +846.23% | 8.63M +292.01% | 11.65M +586.80% | 13.84M +362.43% | 11.18M +15.70% | 10.22M +18.37% | 8.16M -30.02% | 7.55M -45.42% | 6.97M -37.68% | 6.95M -31.97% | 5.70M -30.06% | 6.38M -15.55% | 3.82M -45.10% | 4.07M -41.39% | 3.36M -41.06% | 3.38M -47.08% | 14.63M -- |
Loss on Bad Debts | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | 150.00K -- | -89.00K -- | 442.00K -- | 1.86M -- | 27.77M +18410.67% | -11.00K +87.64% | 3.84M +769.46% | -80.00K -104.30% | 5.66M -79.63% | 9.41M -- |
Loss on Impairment of Other Assets | -- -- | -- -- | -- -- | 2.72M -- | -- -- | -- -- | -- -- | 2.83M +3.82% | -- -- | -- -- | 0 -- | 0 -100.00% | -- -- | 565.00K -- | -14.00K -- | -551.00K -- | -- -- | 0 -100.00% | 0 +100.00% | 0 +100.00% | -- -- |
Loss on Disposal of Assets | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | 0 -- | -- -- | -- -- | -- -- | 336.00K -- | -- -- | -- -- | -- -- | 0 -100.00% | -- -- |
Other Operating Expenses | -- -- | 2.74M -- | -11.00K -- | -2.73M -- | -- -- | -- -- | 2.83M +25809.09% | -2.83M -3.48% | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- |
Operating Income | -2.96M -- | -8.14M -- | -5.61M -- | -12.82M -- | 20.84M +803.71% | -21.97M -169.92% | -36.21M -544.92% | -25.74M -100.76% | -32.94M -258.09% | -28.36M -29.07% | -21.24M +41.35% | -24.20M +5.99% | -24.63M +25.24% | -27.89M +1.68% | -27.07M -27.50% | -50.41M -108.33% | -20.89M +15.16% | -28.15M -0.94% | -17.58M +35.06% | -7.74M +84.64% | -74.37M -- |
Non-Operating Income (Loss) | -26.03M -- | 24.71M -- | -549.00K -- | 73.00K -- | -40.79M -56.67% | 15.84M -35.89% | 7.63M +1489.07% | 2.53M +3368.49% | 1.77M +104.35% | 2.20M -86.09% | 1.89M -75.18% | 2.07M -18.13% | 3.49M +96.51% | 1.69M -23.47% | 459.00K -75.75% | -11.38M -649.11% | 102.00K -97.08% | -4.71M -379.42% | -3.70M -906.32% | -13.22M -16.12% | -21.53M -- |
Gain (Loss) on Change in Fair Value | -- -- | -- -- | -- -- | 0 -- | -- -- | -- -- | -- -- | 2.33M -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -1.02M -- | -- -- | -- -- | -- -- | -8.18M -697.95% | -- -- |
Other Non-Operating Income (Loss) | -26.03M -- | 24.71M -- | -549.00K -- | 73.00K -- | -40.79M -56.69% | 15.84M -35.90% | 6.60M +1302.55% | -2.14M -3026.03% | -159.00K +99.61% | -92.00K -100.58% | -8.00K -100.12% | 86.00K +104.03% | 1.67M +1150.31% | -22.00K +76.09% | -937.00K -11612.50% | -10.85M -12716.28% | -192.00K -111.50% | -3.81M -17231.82% | -1.12M -19.96% | -2.24M +79.39% | -7.37M -- |
Net Interest Expense | 4.00K -- | 3.00K -- | 0 -- | 0 -- | 1.00K -75.00% | 0 -100.00% | -1.02M -- | -2.34M -- | -1.93M -193500.00% | -2.29M -- | -1.90M -85.64% | -1.99M +15.01% | -1.82M +6.00% | -1.71M +25.58% | -1.40M +26.56% | -492.00K +75.24% | -294.00K +83.83% | 898.00K +152.58% | 2.58M +284.60% | 2.80M +669.72% | 5.98M -- |
Interest Expense | 4.00K -- | 3.00K -- | 0 -- | 0 -- | 1.00K -75.00% | 0 -100.00% | 0 -- | 1.00K -- | 1.00K -- | -- -- | 18.00K -- | 16.00K +1500.00% | 8.00K +700.00% | 38.00K -- | 43.00K +138.89% | 34.00K +112.50% | 21.00K +162.50% | 1.21M +3084.21% | 2.78M +6367.44% | 3.07M +8935.29% | 7.08M -- |
Interest Income | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | 1.02M -- | 2.34M -- | 1.94M -- | 2.29M -- | 1.92M +87.40% | 2.00M -14.37% | 1.83M -5.63% | 1.75M -23.92% | 1.44M -25.01% | 526.00K -73.74% | 315.00K -82.75% | 312.00K -82.13% | 204.00K -85.82% | 269.00K -48.86% | 1.10M -- |
Pretax Income From Continuing Operations | -29.00M -- | 16.57M -- | -6.16M -- | -12.75M -- | -19.95M +31.19% | -6.13M -137.01% | -28.58M -363.74% | -23.21M -82.05% | -31.17M -56.22% | -26.16M -326.51% | -19.34M +32.32% | -22.12M +4.67% | -21.14M +32.18% | -26.20M -0.16% | -26.62M -37.60% | -61.79M -179.30% | -20.79M +1.65% | -32.86M -25.42% | -21.28M +20.03% | -20.96M +66.08% | -95.89M -- |
Income Tax Expense | 0 -- | 0 -- | 0 -- | 1.00K -- | 128.00K -- | 45.00K -- | 185.00K -- | 69.00K +6800.00% | 0 -100.00% | 4.00K -91.11% | -401.00K -316.76% | 48.00K -30.43% | -- -- | -- -- | 0 +100.00% | 67.00K +39.58% | 383.00K -- | 2.07M -- | 5.54M -- | -228.00K -440.30% | 7.76M -- |
Current Income Tax | -- -- | -- -- | -- -- | 1.00K -- | -- -- | -- -- | -- -- | 427.00K +42600.00% | -- -- | -- -- | -- -- | -349.00K -181.73% | -- -- | -- -- | -- -- | 67.00K +119.20% | -- -- | -- -- | -- -- | 614.00K +816.42% | -- -- |
Deferred Income Tax | -- -- | -- -- | -- -- | 0 -- | -- -- | -- -- | -- -- | 0 -- | -- -- | -- -- | -- -- | 0 -- | -- -- | -- -- | -- -- | 0 -- | -- -- | -- -- | -- -- | 7.15M -- | -- -- |
Net Income | -29.00M -- | 16.57M -- | -6.16M -- | -12.75M -- | -20.08M +30.75% | -6.18M -137.29% | -28.77M -366.74% | -23.28M -82.58% | -31.17M -55.22% | -26.16M -323.47% | -18.94M +34.15% | -22.17M +4.75% | -21.14M +32.18% | -26.20M -0.14% | -26.62M -40.51% | -61.86M -179.00% | -21.17M -0.17% | -34.93M -33.33% | -26.82M -0.76% | -20.73M +66.48% | -103.66M -- |
Net Income Attributable to Minority Interests | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | 0 -- | 0 -- | 0 -- | -11.00K -- | -23.00K -- | -29.00K -- | -38.00K -- | -5.00K +54.55% | -2.00K +91.30% | -2.00K +93.10% | -47.00K -- |
Net Income Attributable to Owners of the Company | -29.00M -- | 16.57M -- | -6.16M -- | -12.75M -- | -20.08M +30.75% | -6.18M -137.29% | -28.77M -366.74% | -23.28M -82.58% | -31.17M -55.22% | -26.16M -323.47% | -18.94M +34.15% | -22.17M +4.75% | -21.14M +32.18% | -26.19M -0.10% | -26.59M -40.39% | -61.83M -178.87% | -21.14M +0.01% | -34.93M -33.37% | -26.82M -0.84% | -20.73M +66.47% | -103.61M -- |
Net Income Attributable to Common Stockholders | -29.00M -- | 16.57M -- | -6.16M -- | -12.75M -- | -20.08M +30.75% | -6.18M -137.29% | -28.77M -366.74% | -23.28M -82.58% | -31.17M -55.22% | -26.16M -323.47% | -18.94M +34.15% | -22.17M +4.75% | -21.14M +32.18% | -26.19M -0.10% | -26.59M -40.39% | -61.83M -178.87% | -21.14M +0.01% | -34.93M -33.37% | -26.82M -0.84% | -20.73M +66.47% | -103.61M -- |
Other Comprehensive Income | 1.42M -- | -285.00K -- | -533.00K -- | 1.09M -- | 184.00K -87.01% | 21.00K +107.37% | -7.00K +98.69% | -673.00K -161.91% | 285.00K +54.89% | -173.00K -923.81% | -88.00K -1157.14% | -557.00K +17.24% | -79.00K -127.72% | -12.00K +93.06% | -78.00K +11.36% | -306.00K +45.06% | 531.00K +772.15% | -535.00K -4358.33% | 34.00K +143.59% | 900.00K +394.12% | 930.00K -- |
Total Comprehensive Income | -27.58M -- | 16.28M -- | -6.70M -- | -11.66M -- | -19.89M +27.86% | -6.16M -137.81% | -28.77M -329.69% | -23.95M -105.37% | -30.88M -55.22% | -26.34M -327.72% | -19.03M +33.86% | -22.73M +5.10% | -21.22M +31.29% | -26.21M +0.47% | -26.67M -40.15% | -62.20M -173.65% | -20.61M +2.89% | -35.47M -35.31% | -26.78M -0.42% | -19.88M +68.04% | -102.73M -- |
Total Comprehensive Income Attributable to Minority Interests | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -63.00K -- | -- -- | -- -- | -- -- | -47.00K +25.40% | -- -- |
Total Comprehensive Income Attributable to Owners of the Company | -27.58M -- | 16.28M -- | -6.70M -- | -11.66M -- | -19.89M +27.86% | -6.16M -137.81% | -28.77M -329.69% | -23.95M -105.37% | -30.88M -55.22% | -26.34M -327.72% | -19.03M +33.86% | -22.73M +5.10% | -21.22M +31.29% | -26.21M +0.47% | -26.67M -40.15% | -62.14M -173.38% | -20.64M +2.71% | -35.47M -35.31% | -26.78M -0.42% | -19.83M +68.08% | -102.72M -- |
Basic EPS | -2.67 -- | 0.18 -- | -0.45 -- | -0.87 -- | -0.25 +90.64% | -0.05 -127.78% | -0.21 +53.33% | -0.17 +80.46% | -0.22 +12.00% | -0.18 -260.00% | -0.13 +38.10% | -0.15 +11.76% | -0.14 +36.36% | -0.18 -- | -0.18 -38.46% | -0.4 -166.67% | -0.14 -- | -0.22 -22.22% | -0.16 +11.11% | -0.12 +70.00% | -0.64 -- |
Basic EPS from Continuing Operations | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -0.13 -- | -- -- | -0.14 -- | -0.18 -- | -0.18 -38.46% | -- -- | -0.14 -- | -0.22 -22.22% | -0.16 +11.11% | -- -- | -- -- |
Diluted EPS | -2.67 -- | 0.16 -- | -0.45 -- | -0.87 -- | -0.25 +90.64% | -0.05 -131.25% | -0.21 +53.33% | -- -- | -0.22 +12.00% | -0.18 -260.00% | -0.13 +38.10% | -- -- | -0.14 +36.36% | -0.18 -- | -0.18 -38.46% | -- -- | -0.14 -- | -0.22 -22.22% | -0.16 +11.11% | -- -- | -- -- |
Diluted EPS from Continuing Operations | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -0.13 -- | -- -- | -0.14 -- | -0.18 -- | -0.18 -38.46% | -- -- | -0.14 -- | -0.22 -22.22% | -0.16 +11.11% | -- -- | -- -- |
You can ask Aime
What were the key takeaways from Energy Vault's earnings call?What guidance did Energy Vault's management provide for the next earnings period?What factors drove the changes in Energy Vault's revenue and profit?What is the market's earnings forecast for Energy Vault next quarter?What were the key takeaways from Energy Vault’s earnings call?What is Energy Vault's gross profit margin?What is Energy Vault's latest dividend and current dividend yield?Did Energy Vault beat or miss consensus estimates last quarter?
