Growth Metrics

Energy Vault Holdings (NRGV) Cost of Revenue (2021 - 2025)

Historic Cost of Revenue for Energy Vault Holdings (NRGV) over the last 5 years, with Q3 2025 value amounting to $24.3 million.

  • Energy Vault Holdings' Cost of Revenue rose 45921.33% to $24.3 million in Q3 2025 from the same period last year, while for Sep 2025 it was $61.1 million, marking a year-over-year decrease of 5269.13%. This contributed to the annual value of $40.0 million for FY2024, which is 8765.11% down from last year.
  • According to the latest figures from Q3 2025, Energy Vault Holdings' Cost of Revenue is $24.3 million, which was up 45921.33% from $6.0 million recorded in Q2 2025.
  • Over the past 5 years, Energy Vault Holdings' Cost of Revenue peaked at $165.1 million during Q3 2023, and registered a low of $85000.0 during Q1 2021.
  • For the 5-year period, Energy Vault Holdings' Cost of Revenue averaged around $25.7 million, with its median value being $4.9 million (2024).
  • Per our database at Business Quant, Energy Vault Holdings' Cost of Revenue surged by 1937587.06% in 2022 and then crashed by 9736.64% in 2024.
  • Energy Vault Holdings' Cost of Revenue (Quarter) stood at $402000.0 in 2021, then skyrocketed by 19375.87% to $78.3 million in 2022, then soared by 45.89% to $114.2 million in 2023, then crashed by 76.68% to $26.6 million in 2024, then fell by 8.73% to $24.3 million in 2025.
  • Its Cost of Revenue stands at $24.3 million for Q3 2025, versus $6.0 million for Q2 2025 and $4.1 million for Q1 2025.