Energy Vault Holdings (NRGV) Depreciation and Depletion (2021 - 2025)
Energy Vault Holdings' Depreciation and Depletion was $200,000 in Q2 2025, down 50.0% from $400,000 a year earlier but up 100.0% from the prior quarter.
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Analysis
Energy Vault Holdings (NRGV) Depreciation and Depletion (2021 - 2025) Analysis & Trends
On a trailing twelve-month basis, Energy Vault Holdings' Depreciation and Depletion was $600,000 through Jun 30, 2025, down 40.0% year-over-year; for FY2024, it came in at $700,000, down 22.2% from FY2023.
- Depreciation and Depletion shows a three-year compound annual growth rate of -32.7% (FY2021 to FY2024).
- In earlier years, Depreciation and Depletion was $900,000 in FY2023 (-88.3%), $7.7 million in FY2022 (+234.8%) and $2.3 million in FY2021.
- Quarterly Depreciation and Depletion has moved between $17,000 (Q1 2021) and $5.2 million (Q3 2022) over five years.
- Compared with a year earlier, Depreciation and Depletion has declined for three straight quarters, with an average decline of 5.8% over the last eight quarters.
- The best year-over-year quarter for Depreciation and Depletion over five years was Q3 2022 (growth of 940.0%); the worst was Q3 2023 (a decline of 96.2%).
- Per Business Quant data, NRGV's Depreciation and Depletion in the three quarters before Q2 2025 was $100,000 (Q1 2025), $100,000 (Q4 2024) and $200,000 (Q3 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 263.36 Bn | 224.44 Bn | 2.36 Bn | 182.00 Mn |
| 2 | Bloom Energy | 84.85 Bn | 76.67 Bn | 355.57 Mn | 13.75 Mn |
| 3 | First Solar | 18.77 Bn | 9.72 Bn | 605.00 Mn | 143.50 Mn |
| 4 | Generac Holdings | 12.79 Bn | 11.62 Bn | 521.81 Mn | 27.60 Mn |
| 5 | Nextpower | 12.78 Bn | 8.68 Bn | 335.85 Mn | - |
| 6 | BWX Technologies | 12.36 Bn | 10.66 Bn | 202.31 Mn | - |
| 7 | EnerSys | 7.13 Bn | 5.32 Bn | 313.36 Mn | 22.22 Mn |
| 8 | Enphase Energy | 4.42 Bn | -436.70 Mn | 175.01 Mn | - |
| 9 | Mirion Technologies | 3.57 Bn | 1.46 Bn | 133.10 Mn | 6.00 Mn |
| 10 | Energy Vault Holdings | 708.96 Mn | 495.52 Mn | 5.38 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2025 | 200,000.00 |
| Mar 31, 2025 | 100,000.00 |
| Dec 31, 2024 | 100,000.00 |
| Sep 30, 2024 | 200,000.00 |
| Jun 30, 2024 | 400,000.00 |
| Mar 31, 2024 | 200,000.00 |
| Dec 31, 2023 | 200,000.00 |
| Sep 30, 2023 | 200,000.00 |
| Jun 30, 2023 | 200,000.00 |
| Mar 31, 2023 | 200,000.00 |
| Dec 31, 2022 | 100,000.00 |
| Sep 30, 2022 | 5.20 Mn |
| Jun 30, 2022 | 1.20 Mn |
| Mar 31, 2022 | 1.20 Mn |
| Dec 31, 2021 | 1.30 Mn |
| Sep 30, 2021 | 500,000.00 |
| Jun 30, 2021 | 400,000.00 |
| Mar 31, 2021 | 17,000.00 |
API Access
Energy Vault Holdings Depreciation and Depletion API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=NRGV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "ticker": "NRGV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=NRGV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();