Growth Metrics

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 🔒
DateValue
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