Energy Vault Holdings (NRGV) Enterprise Value (2021 - 2026)
Energy Vault Holdings' (NRGV) quarterly Enterprise Value came in at -$68.8 million in Q1 2026, down 52.06% YoY from -$143.5 million in Q1 2025, and down 9.16% on a QoQ basis from -$63.0 million in Q4 2025.
Analysis
Energy Vault Holdings (NRGV) Enterprise Value (2021 - 2026) Analysis & Trends
Energy Vault Holdings (NRGV) has 7 years of Enterprise Value data on file, last reported at -$68.8 million in Q1 2026.
- Quarterly Enterprise Value fell 52.06% year-over-year to -$68.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$68.8 million (down 52.06% YoY) and the FY2025 annual result came in at -$63.0 million, down 124.38% from the prior year.
- Enterprise Value fell to -$68.8 million in Q1 2026, from -$63.0 million in the prior quarter.
- In the past five years, Enterprise Value ranged from a high of -$22.3 million in Q2 2025 to a low of -$302.8 million in Q1 2022.
- A 5-year average of -$140.7 million and a median of -$132.2 million in 2023 frame the typical range for Enterprise Value.
- Annual changes were most pronounced in 2022 — Enterprise Value sank 23527.66% — and 2024, when it jumped 80.71%.
- Tracing NRGV's Enterprise Value over 5 years: stood at -$286.2 million in 2022, then soared by 49.14% to -$145.6 million in 2023, then jumped by 80.71% to -$28.1 million in 2024, then slumped by 124.38% to -$63.0 million in 2025, then retreated by 9.16% to -$68.8 million in 2026.
- The last three Enterprise Value figures came in at -$68.8 million (Q1 2026), -$63.0 million (Q4 2025), and -$35.2 million (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | AXIA Energia | 29.73 Bn | 27.41 Bn | 2.59 Bn |
| 2 | Enlight Renewable Energy | 9.45 Bn | 8.15 Bn | 117.49 Mn |
| 3 | Ormat Technologies | 6.41 Bn | 5.75 Bn | 68.70 Mn |
| 4 | Brookfield Renewable Partners | 4.60 Bn | 2.35 Bn | 927.00 Mn |
| 5 | Clearway Energy | 3.45 Bn | 3.11 Bn | 332.00 Mn |
| 6 | ReNew Energy Global | 2.48 Bn | 2.09 Bn | - |
| 7 | Fluence Energy | 1.42 Bn | 852.67 Mn | 33.24 Mn |
| 8 | XPLR Infrastructure | 1.13 Bn | 1.13 Bn | 219.00 Mn |
| 9 | Energy Vault Holdings | 635.83 Mn | 528.48 Mn | 5.38 Mn |
| 10 | Eco Wave Power Global AB (publ) | 272.36 Mn | 272.18 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 765.97 Mn |
| Mar 31, 2026 | 529.26 Mn |
| Dec 31, 2025 | 737.17 Mn |
| Sep 30, 2025 | 459.70 Mn |
| Jun 30, 2025 | 61.34 Mn |
| Mar 31, 2025 | 61.20 Mn |
| Dec 31, 2024 | 321.17 Mn |
| Sep 30, 2024 | 67.72 Mn |
| Jun 30, 2024 | 29.67 Mn |
| Mar 31, 2024 | 127.90 Mn |
| Dec 31, 2023 | 195.97 Mn |
| Sep 30, 2023 | 233.54 Mn |
| Jun 30, 2023 | 224.53 Mn |
| Mar 31, 2023 | 105.61 Mn |
| Dec 31, 2022 | 146.03 Mn |
| Sep 30, 2022 | 453.04 Mn |
| Jun 30, 2022 | 1.05 Bn |
| Mar 31, 2022 | 981.97 Mn |
| Dec 31, 2021 | 219.25 Mn |
| Sep 30, 2021 | 239.49 Mn |