For the year ending 2025-12-31, NRGV made $203,671K in revenue. -$102,681K in net income. Net profit margin of -50.42%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Revenue | 203,671 | 46,199 | ||
| Cost of revenue | 155,681 | 40,012 | ||
| Gross profit | 47,990 | 6,187 | ||
| Sales and marketing | 13,698 | 15,839 | ||
| Research and development | 14,635 | 25,999 | ||
| General and administrative | 81,180 | 62,971 | ||
| Provision for credit losses | 9,409 | 29,980 | ||
| Depreciation, amortization, and accretion (excluding amounts included in cost of revenue) | 3,435 | 1,058 | ||
| Loss on impairment and sale of long-lived assets | 0 | -336 | ||
| Total operating expenses | 122,357 | 136,183 | ||
| Loss from operations | -74,367 | -129,996 | ||
| Interest expense | 8,464 | 123 | ||
| Interest income | 1,100 | 5,537 | ||
| Change in fair value of financial instruments carried at fair value | 8,179 | - | ||
| Impairment of equity securities | 0 | 11,730 | ||
| Other income (expense), net | -5,985 | 566 | ||
| Loss before income taxes | -95,895 | -135,746 | ||
| Provision for income taxes | 7,763 | 67 | ||
| Net loss | -103,658 | -135,813 | ||
| Net loss attributable to non-controlling interest | -47 | -63 | ||
| Net loss attributable to energy vault holdings, inc | -103,611 | -135,750 | ||
| Actuarial gain (loss) on pension | -667 | 640 | ||
| Foreign currency translation gain | 263 | 165 | ||
| Total other comprehensive income (loss) attributable to energy vault holdings, inc | 930 | -475 | ||
| Total comprehensive loss attributable to energy vault holdings, inc | -102,681 | -136,225 | ||
| Basic EPS | -0.65 | -0.91 | ||
| Diluted EPS | -0.65 | -0.91 | ||
| Basic Average Shares | 160,533,000 | 149,846,000 | ||
| Diluted Average Shares | 160,533,000 | 149,846,000 | ||
Energy Vault Holdings, Inc. (NRGV)
Energy Vault Holdings, Inc. (NRGV)