Energy Vault Holdings, Inc.
NRGV NYSE· Miscellaneous Electrical Machinery, Equipment & Supplies
Last close · Oct 27, 2026
$2.99
KIRA · Stoqly’s AI analyst, in plain words
- Energy Vault Holdings, Inc. had $204M of revenue in fiscal 2025, up 340.9% on the year before.
- Its operating margin was −36.5%, up 244.9 pts: of every 100 in sales, about −37 is left after running the business.
- Energy Vault Holdings, Inc. lost $104M in fiscal 2025.
- Free cash flow was −$46.7M in fiscal 2025, −22.9% of revenue.
- Energy Vault Holdings, Inc. owes $36.1M more than it holds in cash.
Market cap
$533M
P/E
—
Revenue
$204M
Net income
−$104M
Free cash flow
−$46.7M
Operating margin
−36.5%
Energy Vault Holdings, Inc. in 30 seconds · fiscal 2025
Are sales growing?
+340.9%
Yes. Sales grew 340.9% last year.
Does it make a profit?
−50.9%
No. It lost money last year.
Does profit turn into cash?
−22.9%
No. It spent more cash than it brought in.
How healthy are the accounts?
4 / 9
Mixed. It passes 4 of 9 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What Energy Vault Holdings, Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 18, 2026
- Legal name
- Energy Vault Holdings, Inc.
- CIK
- 0001828536
Energy Vault Holdings, Inc. · NRGV
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $0.0M | $146M | $342M | $46.2M | $204M |
| Revenue growth | — | — | 134.1% | −86.5% | 340.9% |
| Gross margin | — | 40.6% | 5.1% | 13.4% | 23.6% |
| Operating margin | — | −43.2% | −31.3% | −281.4% | −36.5% |
| Net income | −$31.3M | −$78.3M | −$98.4M | −$136M | −$104M |
| Net margin | — | −53.7% | −28.8% | −293.8% | −50.9% |
| Diluted EPS | −$2.45 | −$0.64 | −$0.69 | −$0.91 | −$0.65 |
| Cash | |||||
| Cash from operations | −$22.1M | −$23.3M | −$92.7M | −$55.9M | −$5.6M |
| Capital expenditure | $0.2M | $2.3M | $30.4M | $58.9M | $41.1M |
| Free cash flow | −$22.2M | −$25.7M | −$123M | −$115M | −$46.7M |
| FCF margin | — | −17.6% | −36.0% | −248.3% | −22.9% |
| Share count change | — | 864.3% | 15.9% | 4.9% | 7.1% |
| Debt and strength | |||||
| Cash and short-term investments | $105M | $203M | $110M | $30.0M | $58.6M |
| Debt incl. finance leases | — | $0.1M | — | $0.1M | $94.7M |
| Shareholders' equity | −$68.7M | $288M | $224M | $126M | $67.5M |
| Current ratio | 15.1x | 3.1x | 2.5x | 1.3x | 0.7x |
| Interest coverage | −4,219.6x | −31,541.5x | −3,049.6x | −1,056.9x | −8.8x |
| Returns and quality | |||||
| Return on capital | — | −58.9% | — | −106.7% | −56.8% |
| Return on equity | — | −71.5% | −38.5% | −77.6% | −107.0% |
| Return on tangible equity | — | −27.2% | −44.3% | −111.5% | −176.5% |
| Piotroski F-score | — | 3 | 2 | 2 | 4 |
| Altman Z'' | −4.4 | 4.3 | 0.8 | −8.7 | −7.3 |
Insiders bought, 12 months
$0.6M
6 insiders
Insiders sold, 12 months
$18.1M
3 insiders
Of sales under plans
3%
$0.5M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Energy Vault Holdings, Inc. · NRGV
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $2.99 a share, the company is worth $533M.
Source: SEC EDGAR XBRL filings (CIK 0001828536). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.