Growth Metrics

Energy Vault Holdings (NRGV) Gross Margin (2022 - 2025)

Energy Vault Holdings' Gross Margin history spans 4 years, with the latest figure at 20.6% for Q4 2025.

  • For Q4 2025, Gross Margin rose 1288.0% year-over-year to 20.6%; the TTM value through Dec 2025 reached 23.56%, up 1017.0%, while the annual FY2025 figure was 23.56%, 1017.0% up from the prior year.
  • Gross Margin reached 20.6% in Q4 2025 per NRGV's latest filing, down from 27.04% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 93.98% in Q1 2022 to a low of 3.4% in Q4 2023.
  • Average Gross Margin over 4 years is 26.95%, with a median of 23.92% recorded in 2023.
  • Peak YoY movement for Gross Margin: plummeted -7281bps in 2023, then soared 3613bps in 2024.
  • A 4-year view of Gross Margin shows it stood at 15.88% in 2022, then plummeted by -79bps to 3.4% in 2023, then soared by 127bps to 7.73% in 2024, then surged by 167bps to 20.6% in 2025.
  • Per Business Quant, the three most recent readings for NRGV's Gross Margin are 20.6% (Q4 2025), 27.04% (Q3 2025), and 29.56% (Q2 2025).