Energy Vault Holdings (NRGV) Consolidated Net Income (2021 - 2026)
Energy Vault Holdings' (NRGV) quarterly Consolidated Net Income came in at -$32.5 million in Q1 2026, down 53.3% YoY 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) Consolidated Net Income (2021 - 2026) Analysis & Trends
Energy Vault Holdings (NRGV) has 6 years of Consolidated Net Income data on file, last reported at -$32.5 million in Q1 2026.
- Quarterly Consolidated Net Income fell 53.3% year-over-year to -$32.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$115.0 million (up 15.37% YoY) and the FY2025 annual result came in at -$103.7 million, up 23.68% from the prior year.
- Consolidated Net Income eased to -$32.5 million in Q1 2026, from -$20.7 million in the prior quarter.
- In the past five years, Consolidated Net Income ranged from a high of -$6.2 million in Q2 2022 to a low of -$61.9 million in Q4 2024.
- A 5-year average of -$26.4 million and a median of -$26.2 million in 2023 frame the typical range for Consolidated Net Income.
- Annual changes were most pronounced in 2022 — Consolidated Net Income tumbled 366.74% — and 2025, when it jumped 66.5%.
- Tracing NRGV's Consolidated Net Income over 5 years: stood at -$23.2 million in 2022, then rose by 4.56% to -$22.2 million in 2023, then slumped by 178.96% to -$61.9 million in 2024, then jumped by 66.5% to -$20.7 million in 2025, then slumped 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enlight Renewable Energy | 12.07 Bn | 10.91 Bn | 117.49 Mn | 31.18 Mn |
| 2 | Ormat Technologies | 7.12 Bn | 6.46 Bn | 68.70 Mn | 26.83 Mn |
| 3 | Brookfield Renewable Partners | 4.73 Bn | 2.23 Bn | 623.00 Mn | 642.00 Mn |
| 4 | Clearway Energy | 3.80 Bn | 3.46 Bn | 332.00 Mn | 30.00 Mn |
| 5 | ReNew Energy Global | 2.48 Bn | 2.06 Bn | 269.00 Mn | 9.00 Mn |
| 6 | Fluence Energy | 1.84 Bn | 1.28 Bn | 33.24 Mn | -44.30 Mn |
| 7 | XPLR Infrastructure | 1.09 Bn | 585.39 Mn | - | - |
| 8 | Energy Vault Holdings | 688.33 Mn | 619.58 Mn | 4.79 Mn | -32.49 Mn |
| 9 | AXIA Energia | 672.29 Mn | -1.91 Bn | 1.44 Bn | - |
| 10 | Eco Wave Power Global AB (publ) | 335.24 Mn | 335.24 Mn | - | -609,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -32.49 Mn |
| Dec 31, 2025 | -20.72 Mn |
| Sep 30, 2025 | -26.82 Mn |
| Jun 30, 2025 | -34.96 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 | -22.18 Mn |
| Sep 30, 2023 | -18.94 Mn |
| Jun 30, 2023 | -26.16 Mn |
| Mar 31, 2023 | -31.17 Mn |
| Dec 31, 2022 | -23.24 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 |