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

Energy Vault Holdings (NRGV) has disclosed Cost of Revenue for 5 consecutive years, with $3.2 million as the latest value for Q3 2025.

  • For the quarter ending Q3 2025, Cost of Revenue fell 35.36% year-over-year to $3.2 million, compared with a TTM value of $15.3 million through Sep 2025, down 95.27%, and an annual FY2024 reading of $15.8 million, down 95.11% over the prior year.
  • Cost of Revenue was $3.2 million for Q3 2025 at Energy Vault Holdings, down from $6.0 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $310.4 million in Q4 2023 and bottomed at -$2.0 million in Q2 2022.
  • Average Cost of Revenue over 5 years is $19.3 million, with a median of $3.7 million recorded in 2025.
  • The sharpest move saw Cost of Revenue crashed 1162.96% in 2022, then skyrocketed 7127.08% in 2023.
  • Year by year, Cost of Revenue stood at $402000.0 in 2021, then skyrocketed by 968.41% to $4.3 million in 2022, then surged by 7127.08% to $310.4 million in 2023, then tumbled by 99.21% to $2.5 million in 2024, then surged by 30.43% to $3.2 million in 2025.
  • Business Quant data shows Cost of Revenue for NRGV at $3.2 million in Q3 2025, $6.0 million in Q2 2025, and $3.7 million in Q1 2025.