For the quarter ending 2025-09-30, NRGV made $33,319,000 in revenue. -$26,783,000 in net income. Net profit margin of -80.38%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Revenue | 33,319,000 | 8,512,000 | 8,534,000 | 20,615,000 |
| Cost of revenue | 24,309,000 | 5,996,000 | 3,658,000 | 18,287,500 |
| Gross profit | 9,010,000 | 2,516,000 | 4,876,000 | 2,327,500 |
| Sales and marketing | 3,210,000 | 3,161,000 | 4,145,000 | 3,315,500 |
| Research and development | 3,362,000 | 4,074,000 | 3,824,000 | 6,672,000 |
| General and administrative | 19,803,000 | 19,113,000 | 17,506,000 | 14,711,500 |
| Provision for (benefit from) credit losses | -80,000 | 3,843,000 | -11,000 | 7,495,000 |
| Depreciation, amortization, and accretion (excluding amounts included in cost of revenue) | 298,000 | 473,000 | 305,000 | 264,000 |
| Loss (gain) on impairment and sale of long-lived assets | 0 | 0 | - | 76,333.333 |
| Total operating expenses | 26,593,000 | 30,664,000 | 25,769,000 | 32,571,166.667 |
| Loss from operations | -17,583,000 | -28,148,000 | -20,893,000 | -37,518,000 |
| Interest expense | 2,781,000 | 2,516,000 | 95,000 | 21,000 |
| Impairment of equity securities | - | - | - | 2,932,500 |
| Interest income | 204,000 | 312,000 | 315,000 | 1,366,000 |
| Other income (expense), net | -1,124,000 | -2,507,000 | -118,000 | 762,500 |
| Loss before income taxes | -21,284,000 | -32,859,000 | -20,791,000 | -41,465,500 |
| Provision for income taxes | 5,535,000 | 2,073,000 | 383,000 | 16,750 |
| Net loss | -26,819,000 | -34,932,000 | -21,174,000 | -41,499,000 |
| Net loss attributable to non-controlling interest | -2,000 | -5,000 | -38,000 | -14,500 |
| Net loss attributable to energy vault holdings, inc | -26,817,000 | -34,927,000 | -21,136,000 | -41,484,500 |
| Actuarial gain (loss) on pension | 114,000 | 276,000 | -511,000 | 228,000 |
| Foreign currency translation gain (loss) | 148,000 | -259,000 | 20,000 | 35,500 |
| Total other comprehensive income (loss) attributable to energy vault holdings, inc | 34,000 | -535,000 | 531,000 | -192,500 |
| Total comprehensive loss attributable to energy vault holdings, inc | -26,783,000 | -35,462,000 | -20,605,000 | -41,677,000 |
| Net loss per share attributable to energy vault holdings, inc. basic (in dollars per share) | -0.16 | -0.22 | -0.14 | -0.275 |
| Net loss per share attributable to energy vault holdings, inc. diluted (in dollars per share) | -0.16 | -0.22 | -0.14 | -0.275 |
| Weighted average shares outstandingbasic (in shares) | 163,329,000 | 156,911,000 | 153,723,000 | -75,054,500 |
| Weighted average shares outstandingdiluted (in shares) | 163,329,000 | 156,911,000 | 153,723,000 | -75,054,500 |
Energy Vault Holdings, Inc. (NRGV)
Energy Vault Holdings, Inc. (NRGV)