Growth Metrics

Energy Vault Holdings (NRGV) Consolidated Net Income (2021 - 2026)

Energy Vault Holdings posted quarterly Consolidated Net Income of -$32.5 million for Q1 2026, down 53.3% year-on-year from -$69.6 million in Q1 2025, and down 56.75% on a QoQ basis from -$20.7 million in Q4 2025.

Energy Vault Holdings (NRGV) has 6 years of Consolidated Net Income data on file, last reported at -$32.5 million in Q1 2026.

  • For the quarter ending Q1 2026, Consolidated Net Income fell 53.3% year-over-year to -$32.5 million; the trailing twelve-month figure through Mar 2026 stood at -$115.0 million (up 15.37% YoY), and the FY2025 full-year result was -$103.7 million, up 23.68% from the prior year.
  • Consolidated Net Income for Q1 2026 stood at -$32.5 million, down from -$20.7 million in the prior quarter.
  • Across five years, Consolidated Net Income topped out at -$6.2 million in Q2 2022 and bottomed at -$61.9 million in Q4 2024.
  • The 5-year median for Consolidated Net Income is -$26.2 million (2023), against an average of -$26.4 million.
  • The widest annual swing landed in 2022, when Consolidated Net Income plunged 366.98%; it then jumped 66.5% in 2025.
  • A 5-year view of Consolidated Net Income shows it stood at -$23.2 million in 2022, then gained by 4.56% to -$22.2 million in 2023, then sank by 178.96% to -$61.9 million in 2024, then surged by 66.5% to -$20.7 million in 2025, then sank by 56.75% to -$32.5 million in 2026.
  • The last three Consolidated Net Income figures came in at -$32.5 million (Q1 2026), -$20.7 million (Q4 2025), and -$26.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Consol Net Inc. (Qtr)
1 AXIA Energia 193.97 Bn 191.26 Bn 1.44 Bn -
2 Enlight Renewable Energy 13.10 Bn 12.57 Bn 85.64 Mn 21.07 Mn
3 Ormat Technologies 8.30 Bn 8.16 Bn 78.83 Mn 32.95 Mn
4 Fluence Energy 3.60 Bn 3.28 Bn 46.63 Mn -29.24 Mn
5 Clearway Energy 1.42 Bn 4.77 Bn 220.00 Mn -68.00 Mn
6 XPLR Infrastructure 1.16 Bn 8.69 Bn 141.00 Mn -
7 Energy Vault Holdings 916.05 Mn 870.62 Mn 4.79 Mn -32.49 Mn
8 Ellomay Capital 782.29 Mn 671.00 Mn 1.49 Mn -17,039.00
9 ReNew Energy Global 342.92 Mn 58.95 Mn 269.00 Mn 9.00 Mn
10 Nextnrg 90.54 Mn 87.86 Mn 1.71 Mn -10.77 Mn

Historic Data

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DateValue
Mar 31, 2026 -32.49 Mn
Dec 31, 2025 -20.72 Mn
Sep 30, 2025 -26.82 Mn
Jun 30, 2025 -34.93 Mn
Mar 31, 2025 -21.19 Mn
Dec 31, 2024 -61.86 Mn
Sep 30, 2024 -26.62 Mn
Jun 30, 2024 -26.20 Mn
Mar 31, 2024 -21.14 Mn
Dec 31, 2023 -22.17 Mn
Sep 30, 2023 -18.94 Mn
Jun 30, 2023 -26.16 Mn
Mar 31, 2023 -31.17 Mn
Dec 31, 2022 -23.28 Mn
Sep 30, 2022 -28.77 Mn
Jun 30, 2022 -6.18 Mn
Mar 31, 2022 -20.05 Mn
Dec 31, 2021 -12.75 Mn
Sep 30, 2021 -6.16 Mn
Jun 30, 2021 16.57 Mn
Mar 31, 2021 -29.00 Mn