Energy Vault Holdings NRGV
NYSE NRGV
$3.55 +0.28 (+8.56%)
At close: Sep 2, 2026 · 4:00 PM EDT

Energy Vault Holdings (NRGV) Free Cash Flow (2021 - 2026)

Energy Vault Holdings' (NRGV) quarterly Free Cash Flow came in at -$60.9 million in Q1 2026, down 358.94% YoY from $23.5 million in Q1 2025, and down 362.25% on a QoQ basis from $23.2 million in Q4 2025.

Analysis

Energy Vault Holdings (NRGV) Free Cash Flow (2021 - 2026) Analysis & Trends

Energy Vault Holdings (NRGV) has 6 years of Free Cash Flow data on file, last reported at -$60.9 million in Q1 2026.

  • Quarterly Free Cash Flow fell 358.94% year-over-year to -$60.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$54.1 million (up 24.49% YoY) and the FY2025 annual result came in at -$6.5 million, up 89.52% from the prior year.
  • Free Cash Flow slipped to -$60.9 million in Q1 2026, from $23.2 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $79.7 million in Q4 2022 to a low of -$82.4 million in Q1 2023.
  • A 5-year average of -$14.7 million and a median of -$13.3 million in 2025 frame the typical range for Free Cash Flow.
  • The widest YoY moves for Free Cash Flow: up 1101.96% in 2022, down 1383.41% in 2022.
  • Tracing NRGV's Free Cash Flow over 5 years: stood at $79.7 million in 2022, then tumbled by 42.88% to $45.5 million in 2023, then plunged by 84.44% to $7.1 million in 2024, then surged by 227.48% to $23.2 million in 2025, then slumped by 362.25% to -$60.9 million in 2026.
  • The last three Free Cash Flow figures came in at -$60.9 million (Q1 2026), $23.2 million (Q4 2025), and -$30.9 million (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 AXIA Energia 30.72 Bn 28.40 Bn 2.59 Bn 1.83 Bn
2 Enlight Renewable Energy 9.46 Bn 8.16 Bn 117.49 Mn 807.92 Mn
3 Ormat Technologies 6.42 Bn 5.77 Bn 68.70 Mn -
4 Brookfield Renewable Partners 4.65 Bn 2.41 Bn 927.00 Mn 1.85 Bn
5 Clearway Energy 3.45 Bn 3.11 Bn 332.00 Mn 130.00 Mn
6 ReNew Energy Global 2.48 Bn 2.09 Bn - -
7 Fluence Energy 1.46 Bn 894.31 Mn 33.24 Mn -45.93 Mn
8 XPLR Infrastructure 1.12 Bn 1.12 Bn 219.00 Mn 395.00 Mn
9 Energy Vault Holdings 621.58 Mn 514.23 Mn 5.38 Mn -39.71 Mn
10 Eco Wave Power Global AB (publ) 283.14 Mn 283.14 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -39.71 Mn
Mar 31, 2026 -60.86 Mn
Dec 31, 2025 -17.01 Mn
Sep 30, 2025 -27.16 Mn
Jun 30, 2025 10.70 Mn
Mar 31, 2025 -13.26 Mn
Dec 31, 2024 -45.37 Mn
Sep 30, 2024 -36.45 Mn
Jun 30, 2024 -25.08 Mn
Mar 31, 2024 -7.82 Mn
Dec 31, 2023 20.15 Mn
Sep 30, 2023 -551,000.00
Jun 30, 2023 -36.41 Mn
Mar 31, 2023 -106.28 Mn
Dec 31, 2022 77.38 Mn
Sep 30, 2022 -45.68 Mn
Jun 30, 2022 -8.00 Mn
Mar 31, 2022 -49.36 Mn
Dec 31, 2021 -8.83 Mn
Sep 30, 2021 -4.82 Mn