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 12.02 Bn 10.85 Bn 117.49 Mn 60.37 Mn
2 Ormat Technologies 7.11 Bn 6.45 Bn 68.70 Mn 43.94 Mn
3 Brookfield Renewable Partners 4.73 Bn 2.23 Bn 623.00 Mn -760.00 Mn
4 Clearway Energy 3.80 Bn 3.46 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 1.84 Bn 1.28 Bn 33.24 Mn 23.34 Mn
7 XPLR Infrastructure 1.09 Bn 585.39 Mn - 30.00 Mn
8 Energy Vault Holdings 686.61 Mn 617.86 Mn 4.79 Mn 16.90 Mn
9 AXIA Energia 672.29 Mn -1.91 Bn 1.44 Bn -432.40 Mn
10 Eco Wave Power Global AB (publ) 335.24 Mn 335.24 Mn - -43,000.00

Historic Data

Download Data
DateValue
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