Energy Vault Holdings (NRGV) Net Margin (2022 - 2026)
Energy Vault Holdings (NRGV) reported Net Margin of -170.95% for Q2 2026, up 239.38 percentage points from -410.33% a year earlier but down 22.40 percentage points from the prior quarter.
Powered by 
Analysis
Energy Vault Holdings (NRGV) Net Margin (2022 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Energy Vault Holdings' Net Margin came in at -48.58%, up 230.90 percentage points year-over-year; for FY2025, it came in at -50.87%, up 243.07 percentage points from FY2024.
- Net Margin has a three-year change of +2.80 percentage points (FY2022 to FY2025).
- By year, Net Margin came in at -293.95% in FY2024 (-265.12 pp), -28.82% in FY2023 (+24.85 pp) and -53.67% in FY2022.
- Five-year quarterly Net Margin spans a low of -2217.93% in Q3 2024 and a high of -11.00% in Q3 2023.
- Year over year, Net Margin has now increased in each of the last six quarters, with an average year-over-year change of +72.92 percentage points over the last eight quarters.
- The high point for year-over-year Net Margin in five years was Q3 2025 (a gain of 2137.45 percentage points); the low point was Q3 2024 (a drop of 2206.93 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -148.54% (Q1 2026), -13.51% (Q4 2025) and -80.49% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 6.02% |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 18.42% |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 40.01% |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 9.87% |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 12.21% |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 17.68% |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 12.45% |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 12.36% |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 2.89% |
| 10 | Energy Vault Holdings | 714.36 Mn | 500.92 Mn | 5.38 Mn | -170.95% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -170.95% |
| Mar 31, 2026 | -148.54% |
| Dec 31, 2025 | -13.51% |
| Sep 30, 2025 | -80.49% |
| Jun 30, 2025 | -410.33% |
| Mar 31, 2025 | -247.67% |
| Dec 31, 2024 | -184.88% |
| Sep 30, 2024 | -2,217.93% |
| Jun 30, 2024 | -694.64% |
| Mar 31, 2024 | -272.44% |
| Dec 31, 2023 | -18.75% |
| Sep 30, 2023 | -11.00% |
| Jun 30, 2023 | -65.93% |
| Mar 31, 2023 | -272.87% |
| Dec 31, 2022 | -23.20% |
| Sep 30, 2022 | -1,698.05% |
| Jun 30, 2022 | -632.34% |
| Mar 31, 2022 | -46.82% |
API Access
Energy Vault Holdings Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=NRGV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "NRGV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=NRGV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();