Energy Vault Holdings (NRGV) Gross Margin (2022 - 2026)

Energy Vault Holdings (NRGV) has 5 years of Gross Margin data on file, last reported at 21.88% in Q1 2026.

• Quarterly Gross Margin fell 3525.0% year-over-year to 21.88% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 22.07% (up 292.0% YoY) and the FY2025 annual result came in at 23.56%, up 1017.0% from the prior year.
• Gross Margin rose to 21.88% in Q1 2026, from 20.6% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 100.0% in Q1 2022 to a low of 3.4% in Q4 2023.
• A 5-year average of 27.0% and a median of 21.88% in 2026 frame the typical range for Gross Margin.
• Annual changes were most pronounced in 2023 — Gross Margin plunged 7882 bps — and 2024, when it surged 3613 bps.
• Tracing NRGV's Gross Margin over 5 years: stood at 15.88% in 2022, then sank by 79 bps to 3.4% in 2023, then jumped by 127 bps to 7.73% in 2024, then soared by 167 bps to 20.6% in 2025, then increased by 6 bps to 21.88% in 2026.
• The last three Gross Margin figures came in at 21.88% (Q1 2026), 20.6% (Q4 2025), and 27.04% (Q3 2025), per Business Quant data.