Growth Metrics

Energy Vault Holdings (NRGV) EBT (2021 - 2026)

Energy Vault Holdings posted quarterly EBT of -$32.5 million for Q1 2026, down 56.24% year-on-year 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) has 6 years of EBT data on file, last reported at -$32.5 million in Q1 2026.

  • For the quarter ending Q1 2026, EBT fell 56.24% year-over-year to -$32.5 million; the trailing twelve-month figure through Mar 2026 stood at -$107.6 million (up 20.54% YoY), and the FY2025 full-year result was -$95.9 million, up 29.36% from the prior year.
  • EBT for Q1 2026 stood at -$32.5 million, down from -$21.0 million in the prior quarter.
  • Across five years, EBT topped out at -$6.1 million in Q2 2022 and bottomed at -$61.8 million in Q4 2024.
  • The 5-year median for EBT is -$23.2 million (2022), against an average of -$25.9 million.
  • The widest annual swing landed in 2022, when EBT tumbled 363.74%; it then surged 66.08% in 2025.
  • A 5-year view of EBT shows it stood at -$23.2 million in 2022, then advanced by 4.67% to -$22.1 million in 2023, then tumbled by 179.3% to -$61.8 million in 2024, then soared by 66.08% to -$21.0 million in 2025, then sank 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 AXIA Energia 193.97 Bn 191.26 Bn 1.44 Bn 583.09 Mn
2 Enlight Renewable Energy 13.10 Bn 12.57 Bn 85.64 Mn 29.87 Mn
3 Ormat Technologies 8.30 Bn 8.16 Bn 78.83 Mn 26.21 Mn
4 Fluence Energy 3.60 Bn 3.28 Bn 46.63 Mn -27.70 Mn
5 Clearway Energy 1.42 Bn 4.77 Bn 220.00 Mn -70.00 Mn
6 XPLR Infrastructure 1.16 Bn 8.69 Bn 141.00 Mn -99.00 Mn
7 Energy Vault Holdings 916.05 Mn 870.62 Mn 4.79 Mn -32.48 Mn
8 Ellomay Capital 782.29 Mn 671.00 Mn 1.49 Mn -20,101.00
9 ReNew Energy Global 342.92 Mn 58.95 Mn 269.00 Mn 9.00 Mn
10 Nextnrg 90.54 Mn 87.86 Mn 1.71 Mn -10.77 Mn

Historic Data

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DateValue
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
Mar 31, 2021 -29.00 Mn