| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Revenue | 33,319 | 8,512 | 8,534 | 1,199 |
| Cost of revenue | 24,309 | 5,996 | 3,658 | 716 |
| Gross profit | 9,010 | 2,516 | 4,876 | 483 |
| Sales and marketing | 3,210 | 3,161 | 4,145 | 4,347 |
| Research and development | 3,362 | 4,074 | 3,824 | 5,704 |
| General and administrative | 19,803 | 19,113 | 17,506 | 17,270 |
| Provision for (benefit from) credit losses | -80 | 3,843 | -11 | - |
| Depreciation, amortization, and accretion (excluding amounts included in cost of revenue) | 298 | 473 | 305 | 251 |
| Loss (gain) on impairment and sale of long-lived assets | 0 | 0 | - | - |
| Total operating expenses | 26,593 | 30,664 | 25,769 | 27,558 |
| Loss from operations | -17,583 | -28,148 | -20,893 | -27,075 |
| Interest expense | 2,781 | 2,516 | 95 | 43 |
| Interest income | 204 | 312 | 315 | 1,439 |
| Other income (expense), net | -1,124 | -2,507 | -118 | -937 |
| Loss before income taxes | -21,284 | -32,859 | -20,791 | -26,616 |
| Provision for income taxes | 5,535 | 2,073 | 383 | - |
| Net loss | -26,819 | -34,932 | -21,174 | -26,616 |
| Net loss attributable to non-controlling interest | -2 | -5 | -38 | -23 |
| Net loss attributable to energy vault holdings, inc | -26,817 | -34,927 | -21,136 | -26,593 |
| Actuarial gain (loss) on pension | 114 | 276 | -511 | 187 |
| Foreign currency translation gain (loss) | 148 | -259 | 20 | 109 |
| Total other comprehensive income (loss) attributable to energy vault holdings, inc | 34 | -535 | 531 | -78 |
| Total comprehensive loss attributable to energy vault holdings, inc | -26,783 | -35,462 | -20,605 | -26,671 |
| Net loss per share attributable to energy vault holdings, inc. basic (in dollars per share) | -0.16 | -0.22 | -0.14 | -0.18 |
| Net loss per share attributable to energy vault holdings, inc. diluted (in dollars per share) | -0.16 | -0.22 | -0.14 | -0.18 |
| Weighted average shares outstandingbasic (in shares) | 163,329,000 | 156,911,000 | 153,723,000 | 150,812,000 |
| Weighted average shares outstandingdiluted (in shares) | 163,329,000 | 156,911,000 | 153,723,000 | 150,812,000 |
Energy Vault Holdings, Inc. (NRGV)
Energy Vault Holdings, Inc. (NRGV)