Energy Vault Holdings (NRGV) Gross Profit (2022 - 2026)
Energy Vault Holdings (NRGV) recorded Gross Profit of $5.38 million in Q2 2026, up 113.7% from $2.52 million a year earlier and up 12.3% from the prior quarter.
Energy Vault Holdings (NRGV) Gross Profit (2022 - 2026) Analysis & Trends
On a TTM basis, Energy Vault Holdings' Gross Profit came in at $50.76 million as of Jun 30, 2026, up 385.2% year-over-year; for FY2025, it came in at $47.99 million, up 675.7% from FY2024.
- Annual Gross Profit has a three-year compound annual growth rate of -6.8% (FY2022 to FY2025).
- Across earlier years, Gross Profit came in at $6.19 million in FY2024 (-64.7%), $17.53 million in FY2023 (-70.4%) and $59.3 million in FY2022.
- Quarterly Gross Profit has ranged from $71,000 in Q3 2022 to $42.88 million in Q1 2022 over the past five years.
- On a year-over-year basis, Gross Profit rose in three of the last six quarters, with growth averaging 43.1%.
- Peak year-over-year performance for Gross Profit in the last five years was growth of 872.2% in Q2 2023, against a decline of 94.4% in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $4.79 million (Q1 2026), $31.59 million (Q4 2025) and $9.01 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn |
| 10 | Energy Vault Holdings | 714.36 Mn | 500.92 Mn | 5.38 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.38 Mn |
| Mar 31, 2026 | 4.79 Mn |
| Dec 31, 2025 | 31.59 Mn |
| Sep 30, 2025 | 9.01 Mn |
| Jun 30, 2025 | 2.52 Mn |
| Mar 31, 2025 | 4.88 Mn |
| Dec 31, 2024 | 2.59 Mn |
| Sep 30, 2024 | 483,000.00 |
| Jun 30, 2024 | 1.05 Mn |
| Mar 31, 2024 | 2.07 Mn |
| Dec 31, 2023 | 4.02 Mn |
| Sep 30, 2023 | 7.15 Mn |
| Jun 30, 2023 | 3.95 Mn |
| Mar 31, 2023 | 2.42 Mn |
| Dec 31, 2022 | 15.94 Mn |
| Sep 30, 2022 | 71,000.00 |
| Jun 30, 2022 | 406,000.00 |
| Mar 31, 2022 | 42.88 Mn |
Energy Vault Holdings Gross Profit API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-profit&ticker=NRGV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "ticker": "NRGV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-profit&ticker=NRGV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();