For the quarter ending 2026-03-31, NRGV has $298,037K in assets. $244,261K in debts. $55,243K in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Customer financing receivable, current portion, net of allowance for credit losses of 4,500 and 2,352 as of december31, 2025 and 2024, respectively | - | 0 | 1,432 | 1,432 |
| Cash and cash equivalents | 55,243 | 58,260 | 32,696 | 21,416 |
| Restricted cash, current portion | 13,505 | 4,717 | 2,509 | 32,918 |
| Accounts receivable, net of allowance for credit losses of 1,188 and 1,236 as of march31, 2026 and december31, 2025, respectively | 4,941 | 25,938 | 2,234 | 4,517 |
| Contract assets, net of allowance for credit losses of 25,174 and 25,101 as of march31, 2026 and december31, 2025, respectively | 18,073 | 20,631 | 7,758 | 7,727 |
| Inventory | 126 | 139 | 7,028 | - |
| Investments, current portion | - | - | - | 837 |
| Advances to suppliers | 3,819 | 6,318 | 42,970 | 20,306 |
| Prepaid expenses and other current assets | 8,081 | 5,067 | 6,616 | 5,742 |
| Total current assets | 103,788 | 121,070 | 103,243 | 94,895 |
| Property and equipment, net | 101,454 | 96,064 | 93,472 | 120,875 |
| Intangible assets, net | 7,057 | 8,277 | 6,287 | 5,749 |
| Operating lease right-of-use assets, net | 2,166 | 2,242 | 2,335 | 2,278 |
| Customer financing receivable, long-term portion, net of allowance for credit losses of 6,974 and 3,645 as of december31, 2025 and 2024, respectively | - | 0 | 2,220 | 2,220 |
| Investments, long-term portion | 3,366 | 3,366 | 4,688 | 6,291 |
| Restricted cash, long-term portion | 48,379 | 40,466 | 26,723 | 3,765 |
| Deferred income taxes, net | 28,743 | 40,508 | 42,214 | 12,077 |
| Other assets | 3,084 | 883 | 701 | 678 |
| Total assets | 298,037 | 312,876 | 281,883 | 248,828 |
| Accounts payable | 9,083 | 30,838 | 35,996 | 35,834 |
| Accrued expenses | 25,820 | 70,389 | 35,708 | 18,668 |
| Debt, current portion (including 6,235 and 50,250 measured at fair value as of march31, 2026 and december31, 2025, respectively) | 21,145 | 56,628 | 28,610 | 23,107 |
| Contract liabilities | 15,380 | 6,610 | 63,599 | 65,726 |
| Other current liabilities | 603 | 552 | 529 | 491 |
| Total current liabilities | 72,031 | 165,017 | 164,442 | 143,826 |
| Long-term debt (including and 16,427 measured at fair value as of march31, 2026 and december31, 2025, respectively) | 150,531 | 37,970 | 31,562 | 10,244 |
| Warrant liabilities | 15,350 | 15,050 | - | - |
| Deferred pension obligation | 1,968 | 1,837 | 2,214 | 2,075 |
| Other long-term liabilities | 4,381 | 4,386 | 3,116 | 2,384 |
| Total liabilities | 244,261 | 224,260 | 201,334 | 158,529 |
| Redeemable non-controlling interest | 23,318 | 21,156 | - | - |
| Common stock, 0.0001 par value 500,000 shares authorized, 174,147 and 168,969 issued and outstanding at march31, 2026 and december31, 2025, respectively | 17 | 17 | 17 | 16 |
| Additional paid-in capital | 551,026 | 555,873 | 549,129 | 532,095 |
| Accumulated deficit | -519,918 | -487,433 | -466,702 | -439,885 |
| Accumulated other comprehensive loss | -636 | -966 | -1,866 | -1,900 |
| Non-controlling interest | -31 | -31 | -29 | -27 |
| Total stockholders equity | 30,458 | 67,460 | 80,549 | 90,299 |
| Total liabilities, mezzanine equity, and stockholders equity | 298,037 | 312,876 | 281,883 | 248,828 |
Energy Vault Holdings, Inc. (NRGV)
Energy Vault Holdings, Inc. (NRGV)