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.
Analysis
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.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | AXIA Energia | 30.89 Bn | 28.57 Bn | 2.59 Bn |
| 2 | Enlight Renewable Energy | 9.59 Bn | 8.29 Bn | 117.49 Mn |
| 3 | Ormat Technologies | 6.42 Bn | 5.76 Bn | 68.70 Mn |
| 4 | Brookfield Renewable Partners | 4.60 Bn | 2.36 Bn | 927.00 Mn |
| 5 | Clearway Energy | 3.46 Bn | 3.12 Bn | 332.00 Mn |
| 6 | ReNew Energy Global | 2.49 Bn | 2.10 Bn | - |
| 7 | Fluence Energy | 1.41 Bn | 843.20 Mn | 33.24 Mn |
| 8 | XPLR Infrastructure | 1.13 Bn | 1.13 Bn | 219.00 Mn |
| 9 | Energy Vault Holdings | 677.68 Mn | 570.33 Mn | 5.38 Mn |
| 10 | Eco Wave Power Global AB (publ) | 285.48 Mn | 285.48 Mn | - |
Historic Data
Download Data
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 |