Energy Vault Holdings (NRGV) Invested Capital (2020 - 2026)
Energy Vault Holdings posted quarterly Invested Capital of $180.5 million for Q1 2026, up 40.75% year-on-year from $128.2 million in Q1 2025, and up 37.48% on a QoQ basis from $131.3 million in Q4 2025.
Energy Vault Holdings (NRGV) has 7 years of Invested Capital data on file, last reported at $180.5 million in Q1 2026.
- For the quarter ending Q1 2026, Invested Capital rose 40.75% year-over-year to $180.5 million; the trailing twelve-month figure through Mar 2026 stood at $180.5 million (up 40.75% YoY), and the FY2025 full-year result was $131.3 million, up 3.96% from the prior year.
- Invested Capital for Q1 2026 stood at $180.5 million, up from $131.3 million in the prior quarter.
- Across five years, Invested Capital topped out at $306.6 million in Q2 2022 and bottomed at $95.5 million in Q3 2025.
- The 5-year median for Invested Capital is $212.3 million (2024), against an average of $207.7 million.
- The widest annual swing landed in 2022, when Invested Capital jumped 705.1%; it then slumped 46.7% in 2025.
- A 5-year view of Invested Capital shows it stood at $287.8 million in 2022, then decreased by 22.23% to $223.8 million in 2023, then slumped by 43.58% to $126.3 million in 2024, then gained by 3.96% to $131.3 million in 2025, then surged by 37.48% to $180.5 million in 2026.
- The last three Invested Capital figures came in at $180.5 million (Q1 2026), $131.3 million (Q4 2025), and $95.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (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 | 2.07 Bn |
| 3 | Ormat Technologies | 8.30 Bn | 8.16 Bn | 78.83 Mn | 5.20 Bn |
| 4 | Fluence Energy | 3.60 Bn | 3.28 Bn | 46.63 Mn | 368.12 Mn |
| 5 | Clearway Energy | 1.42 Bn | 4.77 Bn | 220.00 Mn | 5.87 Bn |
| 6 | XPLR Infrastructure | 1.16 Bn | 8.69 Bn | 141.00 Mn | 11.02 Bn |
| 7 | Energy Vault Holdings | 916.05 Mn | 870.62 Mn | 4.79 Mn | 180.46 Mn |
| 8 | Ellomay Capital | 782.29 Mn | 671.00 Mn | 1.49 Mn | 156.75 Mn |
| 9 | ReNew Energy Global | 342.92 Mn | 58.95 Mn | 269.00 Mn | 1.38 Bn |
| 10 | Nextnrg | 90.54 Mn | 87.86 Mn | 1.71 Mn | -22.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 180.46 Mn |
| Dec 31, 2025 | 131.26 Mn |
| Sep 30, 2025 | 111.62 Mn |
| Jun 30, 2025 | 123.65 Mn |
| Mar 31, 2025 | 128.22 Mn |
| Dec 31, 2024 | 126.26 Mn |
| Sep 30, 2024 | 179.11 Mn |
| Jun 30, 2024 | 195.55 Mn |
| Mar 31, 2024 | 212.26 Mn |
| Dec 31, 2023 | 223.79 Mn |
| Sep 30, 2023 | 238.29 Mn |
| Jun 30, 2023 | 247.56 Mn |
| Mar 31, 2023 | 264.49 Mn |
| Dec 31, 2022 | 287.77 Mn |
| Sep 30, 2022 | 300.31 Mn |
| Jun 30, 2022 | 306.59 Mn |
| Mar 31, 2022 | 295.33 Mn |
| Dec 31, 2021 | -68.67 Mn |
| Sep 30, 2021 | -57.06 Mn |
| Jun 30, 2021 | -50.67 Mn |
| Mar 31, 2021 | -67.19 Mn |
| Dec 31, 2020 | -39.63 Mn |