Growth Metrics

Energy Vault Holdings (NRGV) Gross Profit (2021 - 2026)

Energy Vault Holdings posted quarterly Gross Profit of $4.8 million for Q1 2026, down 1.8% year-on-year 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) has 6 years of Gross Profit data on file, last reported at $4.8 million in Q1 2026.

  • For the quarter ending Q1 2026, Gross Profit fell 1.8% year-over-year to $4.8 million; the trailing twelve-month figure through Mar 2026 stood at $47.9 million (up 432.54% YoY), and the FY2025 full-year result was $48.0 million, up 675.66% from the prior year.
  • Gross Profit for Q1 2026 stood at $4.8 million, down from $31.6 million in the prior quarter.
  • Across five years, Gross Profit topped out at $40.3 million in Q1 2022 and bottomed at $71000.0 in Q3 2022.
  • The 5-year median for Gross Profit is $3.9 million (2023), against an average of $7.8 million.
  • The widest annual swing landed in 2022, when Gross Profit surged 47516.47%; it then sank 94.0% in 2023.
  • A 5-year view of Gross Profit shows it stood at $15.9 million in 2022, then tumbled by 74.79% to $4.0 million in 2023, then tumbled by 35.6% to $2.6 million in 2024, then jumped by 1121.03% to $31.6 million in 2025, then slumped 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 AXIA Energia 193.97 Bn 191.26 Bn 1.44 Bn
2 Enlight Renewable Energy 13.10 Bn 12.57 Bn 85.64 Mn
3 Ormat Technologies 8.30 Bn 8.16 Bn 78.83 Mn
4 Fluence Energy 3.60 Bn 3.28 Bn 46.63 Mn
5 Clearway Energy 1.42 Bn 4.77 Bn 220.00 Mn
6 XPLR Infrastructure 1.16 Bn 8.69 Bn 141.00 Mn
7 Energy Vault Holdings 916.05 Mn 870.62 Mn 4.79 Mn
8 Ellomay Capital 782.29 Mn 671.00 Mn 1.49 Mn
9 ReNew Energy Global 342.92 Mn 58.95 Mn 269.00 Mn
10 Nextnrg 90.54 Mn 87.86 Mn 1.71 Mn

Historic Data

Download Data 🔒
DateValue
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
Sep 30, 2023 7.15 Mn
Sep 30, 2023 7.15 Mn
Jun 30, 2023 3.95 Mn
Jun 30, 2023 3.95 Mn
Mar 31, 2023 2.42 Mn
Mar 31, 2023 2.42 Mn
Dec 31, 2022 15.94 Mn
Dec 31, 2022 15.94 Mn
Sep 30, 2022 71,000.00
Sep 30, 2022 71,000.00
Jun 30, 2022 406,000.00
Jun 30, 2022 406,000.00
Mar 31, 2022 40.30 Mn
Mar 31, 2022 40.30 Mn
Dec 31, 2021 443,000.00
Dec 31, 2021 443,000.00
Sep 30, 2021 -169,000.00
Sep 30, 2021 -169,000.00
Jun 30, 2021 -189,000.00
Jun 30, 2021 -189,000.00
Mar 31, 2021 -85,000.00
Mar 31, 2021 -85,000.00