Energy Vault Holdings (NRGV) EBIT (2021 - 2026)
Energy Vault Holdings' (NRGV) quarterly EBIT came in at -$24.2 million in Q1 2026, down 15.83% YoY from -$28.8 million in Q1 2025, and down 212.55% on a QoQ basis from -$7.7 million in Q4 2025.
Energy Vault Holdings (NRGV) EBIT (2021 - 2026) Analysis & Trends
Energy Vault Holdings (NRGV) has 6 years of EBIT data on file, last reported at -$24.2 million in Q1 2026.
- Quarterly EBIT fell 15.83% year-over-year to -$24.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$77.7 million (up 38.48% YoY) and the FY2025 annual result came in at -$74.4 million, up 42.79% from the prior year.
- EBIT eased to -$24.2 million in Q1 2026, from -$7.7 million in the prior quarter.
- In the past five years, EBIT ranged from a high of $20.8 million in Q1 2022 to a low of -$50.4 million in Q4 2024.
- A 5-year average of -$23.4 million and a median of -$24.6 million in 2024 frame the typical range for EBIT.
- The widest YoY moves for EBIT: up 803.71% in 2022, down 544.92% in 2022.
- Tracing NRGV's EBIT over 5 years: stood at -$25.7 million in 2022, then climbed by 5.99% to -$24.2 million in 2023, then slumped by 108.33% to -$50.4 million in 2024, then jumped by 84.64% to -$7.7 million in 2025, then plunged by 212.55% to -$24.2 million in 2026.
- The last three EBIT figures came in at -$24.2 million (Q1 2026), -$7.7 million (Q4 2025), and -$17.6 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Enlight Renewable Energy | 11.98 Bn | 10.81 Bn | 117.49 Mn | 90.93 Mn |
| 2 | Ormat Technologies | 7.11 Bn | 6.45 Bn | 68.70 Mn | 34.20 Mn |
| 3 | Brookfield Renewable Partners | 4.73 Bn | 2.23 Bn | 623.00 Mn | -160.00 Mn |
| 4 | Clearway Energy | 3.81 Bn | 3.47 Bn | 332.00 Mn | 116.00 Mn |
| 5 | ReNew Energy Global | 2.48 Bn | 2.06 Bn | 269.00 Mn | 13.00 Mn |
| 6 | Fluence Energy | 1.84 Bn | 1.28 Bn | 33.24 Mn | -29.79 Mn |
| 7 | XPLR Infrastructure | 1.08 Bn | 580.68 Mn | - | 60.00 Mn |
| 8 | Energy Vault Holdings | 685.75 Mn | 617.00 Mn | 4.79 Mn | -24.20 Mn |
| 9 | AXIA Energia | 672.29 Mn | -1.91 Bn | 1.44 Bn | 1.05 Bn |
| 10 | Eco Wave Power Global AB (publ) | 335.24 Mn | 335.24 Mn | - | -682,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -24.20 Mn |
| Dec 31, 2025 | -7.74 Mn |
| Sep 30, 2025 | -17.58 Mn |
| Jun 30, 2025 | -28.15 Mn |
| Mar 31, 2025 | -20.89 Mn |
| Dec 31, 2024 | -50.41 Mn |
| Sep 30, 2024 | -27.08 Mn |
| Jun 30, 2024 | -27.89 Mn |
| Mar 31, 2024 | -24.63 Mn |
| Dec 31, 2023 | -24.20 Mn |
| Sep 30, 2023 | -21.24 Mn |
| Jun 30, 2023 | -28.36 Mn |
| Mar 31, 2023 | -32.94 Mn |
| Dec 31, 2022 | -25.74 Mn |
| Sep 30, 2022 | -36.21 Mn |
| Jun 30, 2022 | -21.97 Mn |
| Mar 31, 2022 | 20.84 Mn |
| Dec 31, 2021 | -12.82 Mn |
| Sep 30, 2021 | -5.61 Mn |
| Jun 30, 2021 | -8.14 Mn |