Energy Vault Holdings, Inc. (NRGV) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Revenue | 21.88M | 153.31M | 33.32M | 8.51M | 8.53M | 33.47M | 1.2M | 3.77M | 7.76M | 118.24M | 172.21M | 39.68M | 11.42M | 100.32M | 1.69M | 977K | 42.88M | 0 | 0 | 0 |
| Revenue Growth % | 156.37% | 358.03% | 2678.9% | 125.78% | 9.99% | -71.69% | -99.3% | -90.5% | -32.07% | 17.86% | 10065.58% | 3961.41% | -73.37% | - | - | - | - | - | - | - |
| Cost of Revenue | 17.09M | 121.72M | 24.31M | 6M | 3.66M | 30.88M | 716K | 2.72M | 5.99M | 114.44M | 165.06M | 35.73M | 9M | 84.39M | 1.62M | 571K | 0 | 0 | 0 | 0 |
| Gross Profit | 4.79M | 31.59M | 9.01M | 2.52M | 4.88M | 2.59M | 483K | 1.05M | 1.77M | 3.79M | 7.15M | 3.95M | 2.42M | 15.94M | 71K | 406K | 42.88M | 0 | 0 | 0 |
| Gross Margin % | 21.88% | 20.6% | 27.04% | 29.56% | 57.14% | 7.73% | 40.28% | 27.82% | 22.85% | 3.21% | 4.15% | 9.95% | 21.18% | 15.88% | 4.19% | 41.56% | 100% | - | - | - |
| Gross Profit Growth % | -1.8% | 1121.03% | 1765.42% | 139.85% | 175.01% | -31.81% | -93.24% | -73.42% | -26.71% | -76.19% | 9967.61% | 872.17% | -94.36% | - | - | - | - | - | - | - |
| Operating Expenses | 26.74M | 39.33M | 26.59M | 30.66M | 25.77M | 53M | 27.56M | 28.93M | 26.4M | 27.99M | 28.38M | 32.31M | 35.36M | 41.68M | 36.28M | 22.38M | 22.05M | 46.25M | 5.61M | 8.14M |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA | -24.2M | -4.28M | -16.1M | -27.68M | -20.59M | -50.18M | -26.82M | -27.61M | -24.33M | -23.97M | -21M | -28.14M | -32.73M | -25.36M | -31.05M | -20.59M | 22.05M | -44.91M | -5.08M | -7.71M |
| EBITDA Margin % | -110.61% | -2.79% | -48.31% | -325.13% | -241.25% | -149.91% | -2237.2% | -732.25% | -313.6% | -20.28% | -12.2% | -70.9% | -286.58% | -25.28% | -1832.82% | -2107.06% | 51.43% | - | - | - |
| EBITDA Growth % | -17.55% | 91.47% | 39.99% | -0.25% | 15.39% | -109.29% | -27.73% | 1.88% | 25.67% | 5.48% | 32.36% | -36.67% | -248.42% | 43.52% | -510.58% | -166.97% | 849.15% | -1007.19% | - | - |
| Depreciation & Amortization | 0 | 3.46M | 1.49M | 473K | 305K | 233K | 251K | 279K | 295K | 223K | 235K | 226K | 209K | 377K | 5.16M | 1.39M | 1.22M | 1.34M | 529K | 430K |
| D&A / Revenue % | 0% | 2.26% | 4.46% | 5.56% | 3.57% | 0.7% | 20.93% | 7.4% | 3.8% | 0.19% | 0.14% | 0.57% | 1.83% | 0.38% | 304.49% | 142.07% | 2.84% | - | - | - |
| Operating Income (EBIT) | -24.2M | -7.74M | -17.58M | -28.15M | -20.89M | -50.41M | -27.07M | -27.89M | -24.63M | -24.2M | -21.24M | -28.36M | -32.94M | -25.74M | -36.21M | -21.97M | 20.84M | -46.25M | -5.61M | -8.14M |
| Operating Margin % | -110.61% | -5.05% | -52.77% | -330.69% | -244.82% | -150.61% | -2258.13% | -739.66% | -317.4% | -20.47% | -12.33% | -71.47% | -288.41% | -25.66% | -2137.31% | -2249.13% | 48.59% | - | - | - |
| Operating Income Growth % | -15.83% | 84.64% | 35.06% | -0.94% | 15.16% | -108.33% | -27.5% | 1.68% | 25.24% | 5.99% | 41.35% | -29.07% | -258.09% | 44.35% | -544.92% | -169.92% | 803.72% | -1036.84% | - | - |
| Interest Expense | -1000K | 1000K | 1000K | 1000K | 95K | 34K | 43K | 38K | 8K | 16K | 18K | 0 | 1K | 1K | 0 | 0 | 1K | 201 | 0 | 3K |
| Interest Coverage | -6.98x | -3.69x | -6.65x | -12.06x | -217.85x | -1816.41x | -619.98x | -688.45x | -2641.38x | -1381.75x | -1073.61x | - | -31166.00x | -23207.00x | - | - | -19950.00x | -63420.48x | - | 5524.00x |
| Interest / Revenue % | -4.57% | 0.65% | 3% | 11.75% | 1.11% | 0.1% | 3.59% | 1.01% | 0.1% | 0.01% | 0.01% | 0% | 0.01% | 0% | 0% | 0% | 0% | - | - | - |
| Non-Operating Income | -1000K | -1000K | -1000K | -1000K | 102K | -1000K | 459K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | -549K | 1000K |
| Pretax Income | -32.48M | -20.96M | -21.28M | -32.86M | -20.79M | -61.79M | -26.62M | -26.2M | -21.14M | -22.12M | -19.34M | -26.16M | -31.17M | -23.21M | -28.58M | -6.13M | -19.95M | -12.75M | -6.16M | 16.57M |
| Pretax Margin % | -148.47% | -13.67% | -63.88% | -386.03% | -243.63% | -184.61% | -2219.85% | -694.93% | -272.44% | -18.71% | -11.23% | -65.92% | -272.87% | -23.13% | -1687.13% | -627.74% | -46.52% | - | - | - |
| Income Tax | 1K | -228K | 5.54M | 2.07M | 383K | 67K | 0 | 0 | 0 | 48K | -401K | 4K | 0 | 69K | 185K | 45K | 128K | 1K | 0 | 0 |
| Effective Tax Rate % | -0% | 1.09% | -26.01% | -6.31% | -1.84% | -0.11% | 0% | 0% | 0% | -0.22% | 2.07% | -0.02% | 0% | -0.3% | -0.65% | -0.73% | -0.64% | -0.01% | 0% | 0% |
| Net Income | -32.48M | -20.73M | -26.82M | -34.93M | -21.14M | -61.83M | -26.59M | -26.19M | -21.14M | -22.17M | -18.94M | -26.16M | -31.17M | -23.28M | -28.77M | -6.18M | -20.08M | -12.75M | -6.16M | 16.57M |
| Net Margin % | -148.48% | -13.52% | -80.49% | -410.33% | -247.67% | -184.73% | -2217.93% | -694.64% | -272.44% | -18.75% | -11% | -65.93% | -272.87% | -23.2% | -1698.05% | -632.34% | -46.82% | - | - | - |
| Net Income Growth % | -53.7% | 66.47% | -0.84% | -33.37% | 0.01% | -178.87% | -40.39% | -0.1% | 32.18% | 4.75% | 34.15% | -323.47% | -55.22% | -82.58% | -366.74% | -137.29% | 30.75% | -20.92% | - | - |
| EPS (Diluted) | -0.20 | -0.12 | -0.16 | -0.22 | -0.14 | -0.41 | -0.18 | -0.18 | -0.14 | -0.15 | -0.13 | -0.18 | -0.21 | -0.17 | -0.21 | -0.05 | -0.25 | -0.12 | -0.05 | 0.12 |
| EPS Growth % | -42.86% | 70.73% | 11.11% | -22.22% | 0% | -173.33% | -38.46% | 0% | 33.33% | 11.76% | 38.1% | -289.61% | 16% | -41.67% | -355.53% | -138.5% | -13.64% | -52.09% | - | - |
| EPS (Basic) | -0.20 | -0.12 | -0.16 | -0.22 | -0.14 | -0.41 | -0.18 | -0.18 | -0.14 | -0.15 | -0.13 | -0.18 | -0.21 | -0.17 | -0.21 | -0.05 | -0.25 | -0.12 | -0.05 | 0.12 |
| Diluted Shares Outstanding | 171.87M | 167.98M | 163.33M | 156.91M | 153.72M | 149.85M | 150.81M | 149.14M | 147.02M | 145.3M | 143.87M | 142.76M | 139.67M | 139.06M | 140.3M | 133.78M | 80.81M | 107.22M | 133.63M | 133.63M |