For the quarter ending 2026-03-31, NRGV made $21,879K in revenue. -$32,155K in net income. Net profit margin of -146.97%.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Revenue | 21,879 | 153,306 | 33,319 | 8,512 |
| Cost of revenue | 17,091 | 121,718 | 24,309 | 5,996 |
| Gross profit | 4,788 | 31,588 | 9,010 | 2,516 |
| Sales and marketing | 2,910 | 3,182 | 3,210 | 3,161 |
| Research and development | 2,590 | 3,375 | 3,362 | 4,074 |
| General and administrative | 21,241 | 24,758 | 19,803 | 19,113 |
| Loss on impairment and sale of long-lived assets | - | 0 | 0 | 0 |
| Provision for (benefit from) credit losses | 25 | 5,657 | -80 | 3,843 |
| Depreciation, amortization, and accretion (excluding amounts included in cost of revenue) | 2,223 | 2,359 | 298 | 473 |
| Total operating expenses | 28,989 | 39,331 | 26,593 | 30,664 |
| Loss from operations | -24,201 | -7,743 | -17,583 | -28,148 |
| Interest expense | 3,466 | 3,072 | 2,781 | 2,516 |
| Interest income | 568 | 269 | 204 | 312 |
| Change in fair value of financial instruments carried at fair value | 134 | 8,179* | - | - |
| Impairment of equity securities | - | 0* | - | - |
| Other expense, net | -5,251 | -2,236 | -1,124 | -2,507 |
| Loss before income taxes | -32,484 | -20,961 | -21,284 | -32,859 |
| Provision for income taxes | 1 | -228 | 5,535 | 2,073 |
| Net loss | -32,485 | -20,733 | -26,819 | -34,932 |
| Net loss attributable to non-controlling interest | 0 | -2 | -2 | -5 |
| Net loss attributable to energy vault holdings, inc | -32,485 | -20,731 | -26,817 | -34,927 |
| Actuarial gain (loss) on pension | 116 | -546 | 114 | 276 |
| Foreign currency translation gain | 446 | 354 | 148 | -259 |
| Total other comprehensive income attributable to energy vault holdings, inc | 330 | 900 | 34 | -535 |
| Total comprehensive loss attributable to energy vault holdings, inc | -32,155 | -19,831 | -26,783 | -35,462 |
| Basic EPS | -0.2 | -0.118 | -0.16 | -0.22 |
| Diluted EPS | -0.2 | -0.118 | -0.16 | -0.22 |
| Basic Average Shares | 171,867,000 | 168,169,000 | 163,329,000 | 156,911,000 |
| Diluted Average Shares | 171,867,000 | 168,169,000 | 163,329,000 | 156,911,000 |
Energy Vault Holdings, Inc. (NRGV)
Energy Vault Holdings, Inc. (NRGV)