Growth Metrics

Energy Vault Holdings (NRGV) Debt to Equity (2025 - 2026)

Energy Vault Holdings posted quarterly Debt to Equity of $5.64 for Q1 2026, up 2373.01% year-on-year from $0.23 in Q1 2025, and up 301.95% on a QoQ basis from $1.4 in Q4 2025.

Energy Vault Holdings (NRGV) has 2 years of Debt to Equity data on file, last reported at $5.64 in Q1 2026.

  • For the quarter ending Q1 2026, Debt to Equity rose 2373.01% year-over-year to $5.64; the trailing twelve-month figure through Mar 2026 stood at $5.64 (up 2373.01% YoY), and the FY2025 full-year result was $1.4, changed N/A from the prior year.
  • Debt to Equity for Q1 2026 stood at $5.64, up from $1.4 in the prior quarter.
  • Across five years, Debt to Equity topped out at $5.64 in Q1 2026 and bottomed at $0.23 in Q1 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (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 0.29
3 Ormat Technologies 8.30 Bn 8.16 Bn 78.83 Mn 0.03
4 Fluence Energy 3.60 Bn 3.28 Bn 46.63 Mn -
5 Clearway Energy 1.42 Bn 4.77 Bn 220.00 Mn 1.66
6 XPLR Infrastructure 1.16 Bn 8.69 Bn 141.00 Mn 0.59
7 Energy Vault Holdings 916.05 Mn 870.62 Mn 4.79 Mn 5.64
8 Ellomay Capital 782.29 Mn 671.00 Mn 1.49 Mn 6.53
9 ReNew Energy Global 342.92 Mn 58.95 Mn 269.00 Mn 0.35
10 Nextnrg 90.54 Mn 87.86 Mn 1.71 Mn 0.00

Historic Data

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DateValue
Mar 31, 2026 5.64
Dec 31, 2025 1.40
Sep 30, 2025 0.75
Jun 30, 2025 0.37
Mar 31, 2025 0.23