Energy Vault Holdings (NRGV) EBITDA (2021 - 2026)
Energy Vault Holdings posted quarterly EBITDA of -$32.2 million for Q1 2026, down 56.05% year-on-year from -$73.2 million in Q1 2025, and down 62.15% on a QoQ basis from -$19.8 million in Q4 2025.
Energy Vault Holdings (NRGV) has 6 years of EBITDA data on file, last reported at -$32.2 million in Q1 2026.
- For the quarter ending Q1 2026, EBITDA fell 56.05% year-over-year to -$32.2 million; the trailing twelve-month figure through Mar 2026 stood at -$114.2 million (up 15.77% YoY), and the FY2025 full-year result was -$102.7 million, up 24.62% from the prior year.
- EBITDA for Q1 2026 stood at -$32.2 million, down from -$19.8 million in the prior quarter.
- Across five years, EBITDA topped out at -$6.2 million in Q2 2022 and bottomed at -$62.1 million in Q4 2024.
- The 5-year median for EBITDA is -$26.2 million (2024), against an average of -$26.4 million.
- The widest annual swing landed in 2022, when EBITDA slumped 329.69%; it then jumped 68.08% in 2025.
- A 5-year view of EBITDA shows it stood at -$24.0 million in 2022, then increased by 5.1% to -$22.7 million in 2023, then slumped by 173.38% to -$62.1 million in 2024, then surged by 68.08% to -$19.8 million in 2025, then tumbled by 62.15% to -$32.2 million in 2026.
- The last three EBITDA figures came in at -$32.2 million (Q1 2026), -$19.8 million (Q4 2025), and -$26.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | AXIA Energia | 193.97 Bn | 191.26 Bn | 1.44 Bn | 1.86 Bn |
| 2 | Enlight Renewable Energy | 13.10 Bn | 12.57 Bn | 85.64 Mn | 98.58 Mn |
| 3 | Ormat Technologies | 8.30 Bn | 8.16 Bn | 78.83 Mn | 36.47 Mn |
| 4 | Fluence Energy | 3.60 Bn | 3.28 Bn | 46.63 Mn | -11.67 Mn |
| 5 | Clearway Energy | 1.42 Bn | 4.77 Bn | 220.00 Mn | 20.00 Mn |
| 6 | XPLR Infrastructure | 1.16 Bn | 8.69 Bn | 141.00 Mn | -17.00 Mn |
| 7 | Energy Vault Holdings | 916.05 Mn | 870.62 Mn | 4.79 Mn | -32.16 Mn |
| 8 | Ellomay Capital | 782.29 Mn | 671.00 Mn | 1.49 Mn | -4,239.00 |
| 9 | ReNew Energy Global | 342.92 Mn | 58.95 Mn | 269.00 Mn | -139.00 Mn |
| 10 | Nextnrg | 90.54 Mn | 87.86 Mn | 1.71 Mn | -9.78 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -32.16 Mn |
| Dec 31, 2025 | -19.83 Mn |
| Sep 30, 2025 | -26.78 Mn |
| Jun 30, 2025 | -35.46 Mn |
| Mar 31, 2025 | -20.61 Mn |
| Dec 31, 2024 | -62.14 Mn |
| Sep 30, 2024 | -26.67 Mn |
| Jun 30, 2024 | -26.20 Mn |
| Mar 31, 2024 | -21.22 Mn |
| Dec 31, 2023 | -22.73 Mn |
| Sep 30, 2023 | -19.03 Mn |
| Jun 30, 2023 | -26.34 Mn |
| Mar 31, 2023 | -30.88 Mn |
| Dec 31, 2022 | -23.95 Mn |
| Sep 30, 2022 | -28.77 Mn |
| Jun 30, 2022 | -6.16 Mn |
| Mar 31, 2022 | -19.90 Mn |
| Dec 31, 2021 | -11.66 Mn |
| Sep 30, 2021 | -6.70 Mn |
| Jun 30, 2021 | 16.28 Mn |
| Mar 31, 2021 | -27.58 Mn |