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Energy Vault Holdings (NRGV) Operating Expenses (2021 - 2025)

Energy Vault Holdings (NRGV) has disclosed Operating Expenses for 5 consecutive years, with $26.6 million as the latest value for Q3 2025.

  • For the quarter ending Q3 2025, Operating Expenses fell 3.5% year-over-year to $26.6 million, compared with a TTM value of $136.0 million through Sep 2025, up 27.45%, and an annual FY2024 reading of $136.2 million, up 9.59% over the prior year.
  • Operating Expenses was $26.6 million for Q3 2025 at Energy Vault Holdings, down from $30.7 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $53.0 million in Q4 2024 and bottomed at $186183.0 in Q1 2021.
  • Average Operating Expenses over 5 years is $23.4 million, with a median of $26.7 million recorded in 2024.
  • The sharpest move saw Operating Expenses skyrocketed 21412.71% in 2022, then dropped 23.16% in 2023.
  • Year by year, Operating Expenses stood at $467434.0 in 2021, then surged by 6299.62% to $29.9 million in 2022, then decreased by 21.31% to $23.5 million in 2023, then skyrocketed by 125.13% to $53.0 million in 2024, then plummeted by 49.82% to $26.6 million in 2025.
  • Business Quant data shows Operating Expenses for NRGV at $26.6 million in Q3 2025, $30.7 million in Q2 2025, and $25.8 million in Q1 2025.