Energy Vault Holdings (NRGV) Accumulated Expenses (2020 - 2026)
Energy Vault Holdings' (NRGV) quarterly Accumulated Expenses came in at $25.8 million in Q1 2026, up 17.87% YoY from $21.9 million in Q1 2025, and down 63.32% on a QoQ basis from $70.4 million in Q4 2025.
Energy Vault Holdings (NRGV) Accumulated Expenses (2020 - 2026) Analysis & Trends
Energy Vault Holdings (NRGV) has 7 years of Accumulated Expenses data on file, last reported at $25.8 million in Q1 2026.
- Quarterly Accumulated Expenses rose 17.87% year-over-year to $25.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $25.8 million (up 17.87% YoY) and the FY2025 annual result came in at $70.4 million, up 181.92% from the prior year.
- Accumulated Expenses retreated to $25.8 million in Q1 2026, from $70.4 million in the prior quarter.
- In the past five years, Accumulated Expenses ranged from a high of $85.0 million in Q4 2023 to a low of $1.3 million in Q1 2022.
- A 5-year average of $25.8 million and a median of $20.9 million in 2024 frame the typical range for Accumulated Expenses.
- Annual changes were most pronounced in 2023 — Accumulated Expenses soared 1515.52% — and 2024, when it slumped 70.64%.
- Tracing NRGV's Accumulated Expenses over 5 years: stood at $14.7 million in 2022, then jumped by 476.6% to $85.0 million in 2023, then tumbled by 70.64% to $25.0 million in 2024, then surged by 181.92% to $70.4 million in 2025, then sank by 63.32% to $25.8 million in 2026.
- The last three Accumulated Expenses figures came in at $25.8 million (Q1 2026), $70.4 million (Q4 2025), and $35.7 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enlight Renewable Energy | 11.86 Bn | 10.69 Bn | 117.49 Mn |
| 2 | Ormat Technologies | 6.97 Bn | 6.31 Bn | 68.70 Mn |
| 3 | Brookfield Renewable Partners | 4.63 Bn | 2.13 Bn | 623.00 Mn |
| 4 | Clearway Energy | 3.79 Bn | 3.45 Bn | 332.00 Mn |
| 5 | ReNew Energy Global | 2.48 Bn | 2.06 Bn | 269.00 Mn |
| 6 | Fluence Energy | 1.83 Bn | 1.27 Bn | 33.24 Mn |
| 7 | XPLR Infrastructure | 1.08 Bn | 584.55 Mn | - |
| 8 | AXIA Energia | 672.29 Mn | -1.91 Bn | 1.44 Bn |
| 9 | Energy Vault Holdings | 671.14 Mn | 602.39 Mn | 4.79 Mn |
| 10 | Eco Wave Power Global AB (publ) | 342.25 Mn | 342.25 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 25.82 Mn |
| Dec 31, 2025 | 70.39 Mn |
| Sep 30, 2025 | 35.71 Mn |
| Jun 30, 2025 | 18.67 Mn |
| Mar 31, 2025 | 21.91 Mn |
| Dec 31, 2024 | 24.97 Mn |
| Sep 30, 2024 | 20.87 Mn |
| Jun 30, 2024 | 17.75 Mn |
| Mar 31, 2024 | 15.35 Mn |
| Dec 31, 2023 | 85.04 Mn |
| Sep 30, 2023 | 32.96 Mn |
| Jun 30, 2023 | 27.58 Mn |
| Mar 31, 2023 | 19.49 Mn |
| Dec 31, 2022 | 14.75 Mn |
| Sep 30, 2022 | 3.67 Mn |
| Jun 30, 2022 | 1.71 Mn |
| Mar 31, 2022 | 1.31 Mn |
| Dec 31, 2021 | 4.70 Mn |
| Dec 31, 2020 | 1,000.00 |