Energy Vault Holdings (NRGV) Gross Profit (2022 - 2026)
Energy Vault Holdings' (NRGV) quarterly Gross Profit came in at $4.8 million in Q1 2026, down 1.8% YoY from $4.9 million in Q1 2025, and down 84.84% on a QoQ basis from $31.6 million in Q4 2025.
Energy Vault Holdings (NRGV) Gross Profit (2022 - 2026) Analysis & Trends
Energy Vault Holdings (NRGV) has 5 years of Gross Profit data on file, last reported at $4.8 million in Q1 2026.
- Quarterly Gross Profit fell 1.8% year-over-year to $4.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $47.9 million (up 432.54% YoY) and the FY2025 annual result came in at $48.0 million, up 675.66% from the prior year.
- Gross Profit retreated to $4.8 million in Q1 2026, from $31.6 million in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $42.9 million in Q1 2022 to a low of $71000.0 in Q3 2022.
- A 5-year average of $8.0 million and a median of $3.9 million in 2023 frame the typical range for Gross Profit.
- The widest YoY moves for Gross Profit: up 9967.61% in 2023, down 94.36% in 2023.
- Tracing NRGV's Gross Profit over 5 years: stood at $15.9 million in 2022, then plunged by 74.79% to $4.0 million in 2023, then plunged by 35.6% to $2.6 million in 2024, then soared by 1121.03% to $31.6 million in 2025, then tumbled by 84.84% to $4.8 million in 2026.
- The last three Gross Profit figures came in at $4.8 million (Q1 2026), $31.6 million (Q4 2025), and $9.0 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enlight Renewable Energy | 11.86 Bn | 10.69 Bn | 117.49 Mn |
| 2 | Ormat Technologies | 6.97 Bn | 6.31 Bn | 68.70 Mn |
| 3 | Brookfield Renewable Partners | 4.63 Bn | 2.13 Bn | 623.00 Mn |
| 4 | Clearway Energy | 3.79 Bn | 3.45 Bn | 332.00 Mn |
| 5 | ReNew Energy Global | 2.48 Bn | 2.06 Bn | 269.00 Mn |
| 6 | Fluence Energy | 1.83 Bn | 1.27 Bn | 33.24 Mn |
| 7 | XPLR Infrastructure | 1.08 Bn | 584.55 Mn | - |
| 8 | AXIA Energia | 672.29 Mn | -1.91 Bn | 1.44 Bn |
| 9 | Energy Vault Holdings | 671.14 Mn | 602.39 Mn | 4.79 Mn |
| 10 | Eco Wave Power Global AB (publ) | 342.25 Mn | 342.25 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.79 Mn |
| Mar 31, 2026 | 4.79 Mn |
| Dec 31, 2025 | 31.59 Mn |
| Dec 31, 2025 | 31.59 Mn |
| Sep 30, 2025 | 9.01 Mn |
| Sep 30, 2025 | 9.01 Mn |
| Jun 30, 2025 | 2.52 Mn |
| Jun 30, 2025 | 2.52 Mn |
| Mar 31, 2025 | 4.88 Mn |
| Mar 31, 2025 | 4.88 Mn |
| Dec 31, 2024 | 2.59 Mn |
| Dec 31, 2024 | 2.59 Mn |
| Sep 30, 2024 | 483,000.00 |
| Sep 30, 2024 | 483,000.00 |
| Jun 30, 2024 | 1.05 Mn |
| Jun 30, 2024 | 1.05 Mn |
| Mar 31, 2024 | 2.07 Mn |
| Mar 31, 2024 | 2.07 Mn |
| Dec 31, 2023 | 4.02 Mn |
| Dec 31, 2023 | 4.02 Mn |