Growth Metrics

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 🔒
DateValue
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