Energy Vault Holdings (NRGV) EBT (2021 - 2026)
Energy Vault Holdings' (NRGV) quarterly EBT came in at -$32.5 million in Q1 2026, down 56.24% YoY from -$74.2 million in Q1 2025, and down 54.97% on a QoQ basis from -$21.0 million in Q4 2025.
Energy Vault Holdings (NRGV) EBT (2021 - 2026) Analysis & Trends
Energy Vault Holdings (NRGV) has 6 years of EBT data on file, last reported at -$32.5 million in Q1 2026.
- Quarterly EBT fell 56.24% year-over-year to -$32.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$107.6 million (up 20.54% YoY) and the FY2025 annual result came in at -$95.9 million, up 29.36% from the prior year.
- EBT slipped to -$32.5 million in Q1 2026, from -$21.0 million in the prior quarter.
- In the past five years, EBT ranged from a high of -$6.1 million in Q2 2022 to a low of -$61.8 million in Q4 2024.
- A 5-year average of -$25.9 million and a median of -$23.2 million in 2022 frame the typical range for EBT.
- Annual changes were most pronounced in 2022 — EBT sank 363.74% — and 2025, when it surged 66.08%.
- Tracing NRGV's EBT over 5 years: stood at -$23.2 million in 2022, then gained by 4.67% to -$22.1 million in 2023, then plunged by 179.3% to -$61.8 million in 2024, then surged by 66.08% to -$21.0 million in 2025, then slumped by 54.97% to -$32.5 million in 2026.
- The last three EBT figures came in at -$32.5 million (Q1 2026), -$21.0 million (Q4 2025), and -$21.3 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Enlight Renewable Energy | 11.83 Bn | 10.67 Bn | 117.49 Mn | 41.40 Mn |
| 2 | Ormat Technologies | 6.98 Bn | 6.33 Bn | 68.70 Mn | 17.16 Mn |
| 3 | Brookfield Renewable Partners | 4.64 Bn | 2.14 Bn | 623.00 Mn | 600.00 Mn |
| 4 | Clearway Energy | 3.77 Bn | 3.43 Bn | 332.00 Mn | 27.00 Mn |
| 5 | ReNew Energy Global | 2.48 Bn | 2.06 Bn | 269.00 Mn | 9.00 Mn |
| 6 | Fluence Energy | 1.82 Bn | 1.26 Bn | 33.24 Mn | -43.50 Mn |
| 7 | XPLR Infrastructure | 1.08 Bn | 580.68 Mn | - | 2.00 Mn |
| 8 | Energy Vault Holdings | 687.47 Mn | 618.72 Mn | 4.79 Mn | -32.48 Mn |
| 9 | AXIA Energia | 672.29 Mn | -1.91 Bn | 1.44 Bn | 583.09 Mn |
| 10 | Eco Wave Power Global AB (publ) | 323.32 Mn | 323.32 Mn | - | -609,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -32.48 Mn |
| Dec 31, 2025 | -20.96 Mn |
| Sep 30, 2025 | -21.28 Mn |
| Jun 30, 2025 | -32.86 Mn |
| Mar 31, 2025 | -20.79 Mn |
| Dec 31, 2024 | -61.79 Mn |
| Sep 30, 2024 | -26.62 Mn |
| Jun 30, 2024 | -26.20 Mn |
| Mar 31, 2024 | -21.14 Mn |
| Dec 31, 2023 | -22.12 Mn |
| Sep 30, 2023 | -19.34 Mn |
| Jun 30, 2023 | -26.16 Mn |
| Mar 31, 2023 | -31.17 Mn |
| Dec 31, 2022 | -23.21 Mn |
| Sep 30, 2022 | -28.58 Mn |
| Jun 30, 2022 | -6.13 Mn |
| Mar 31, 2022 | -19.95 Mn |
| Dec 31, 2021 | -12.75 Mn |
| Sep 30, 2021 | -6.16 Mn |
| Jun 30, 2021 | 16.57 Mn |