Energy Vault Holdings (NRGV) Interest Expenses (2020 - 2026)
Energy Vault Holdings' (NRGV) quarterly Interest Expenses came in at $16.9 million in Q1 2026, up 2121.02% YoY from $761000.0 in Q1 2025, and up 946.79% on a QoQ basis from -$2.0 million in Q4 2025.
Energy Vault Holdings (NRGV) Interest Expenses (2020 - 2026) Analysis & Trends
Energy Vault Holdings (NRGV) has 7 years of Interest Expenses data on file, last reported at $16.9 million in Q1 2026.
- Quarterly Interest Expenses rose 2121.02% year-over-year to $16.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $16.9 million (up 2121.02% YoY) and the FY2025 annual result came in at $16.9 million, down 64.89% from the prior year.
- Interest Expenses advanced to $16.9 million in Q1 2026, from -$2.0 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $19.5 million in Q1 2022 to a low of -$2.0 million in Q4 2025.
- A 5-year average of $4.1 million and a median of $2.0 million in 2023 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2022 — Interest Expenses jumped 392800.0% — and 2025, when it tumbled 370.46%.
- Tracing NRGV's Interest Expenses over 5 years: stood at $1000.0 in 2022, then soared by 179800.0% to $1.8 million in 2023, then tumbled by 58.98% to $738000.0 in 2024, then plunged by 370.46% to -$2.0 million in 2025, then jumped by 946.79% to $16.9 million in 2026.
- The last three Interest Expenses figures came in at $16.9 million (Q1 2026), -$2.0 million (Q4 2025), and $2.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Enlight Renewable Energy | 11.86 Bn | 10.69 Bn | 117.49 Mn | 60.37 Mn |
| 2 | Ormat Technologies | 6.97 Bn | 6.31 Bn | 68.70 Mn | 43.94 Mn |
| 3 | Brookfield Renewable Partners | 4.63 Bn | 2.13 Bn | 623.00 Mn | -760.00 Mn |
| 4 | Clearway Energy | 3.79 Bn | 3.45 Bn | 332.00 Mn | 105.00 Mn |
| 5 | ReNew Energy Global | 2.48 Bn | 2.06 Bn | 269.00 Mn | 659.39 Mn |
| 6 | Fluence Energy | 1.83 Bn | 1.27 Bn | 33.24 Mn | 23.34 Mn |
| 7 | XPLR Infrastructure | 1.08 Bn | 584.55 Mn | - | 30.00 Mn |
| 8 | AXIA Energia | 672.29 Mn | -1.91 Bn | 1.44 Bn | -432.40 Mn |
| 9 | Energy Vault Holdings | 671.14 Mn | 602.39 Mn | 4.79 Mn | 16.90 Mn |
| 10 | Eco Wave Power Global AB (publ) | 342.25 Mn | 342.25 Mn | - | -43,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.90 Mn |
| Mar 31, 2026 | 16.90 Mn |
| Dec 31, 2025 | -2.00 Mn |
| Dec 31, 2025 | -2.00 Mn |
| Sep 30, 2025 | 2.78 Mn |
| Sep 30, 2025 | 2.78 Mn |
| Jun 30, 2025 | 2.52 Mn |
| Jun 30, 2025 | 2.52 Mn |
| Mar 31, 2025 | 761,000.00 |
| Mar 31, 2025 | 761,000.00 |
| Dec 31, 2024 | 738,000.00 |
| Dec 31, 2024 | 738,000.00 |
| Sep 30, 2024 | 2.35 Mn |
| Sep 30, 2024 | 2.35 Mn |
| Jun 30, 2024 | 2.12 Mn |
| Jun 30, 2024 | 2.12 Mn |
| Mar 31, 2024 | 983,000.00 |
| Mar 31, 2024 | 983,000.00 |
| Dec 31, 2023 | 1.80 Mn |
| Dec 31, 2023 | 1.80 Mn |