Growth Metrics

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

Historic Operating Expenses for Energy Vault Holdings (NRGV) over the last 5 years, with Q3 2025 value amounting to $26.6 million.

  • Energy Vault Holdings' Operating Expenses fell 350.17% to $26.6 million in Q3 2025 from the same period last year, while for Sep 2025 it was $136.0 million, marking a year-over-year increase of 2210.12%. This contributed to the annual value of $136.2 million for FY2024, which is 958.9% up from last year.
  • According to the latest figures from Q3 2025, Energy Vault Holdings' Operating Expenses is $26.6 million, which was down 350.17% from $30.7 million recorded in Q2 2025.
  • In the past 5 years, Energy Vault Holdings' Operating Expenses ranged from a high of $53.0 million in Q4 2024 and a low of $2.9 million during Q1 2021
  • Moreover, its 5-year median value for Operating Expenses was $27.6 million (2024), whereas its average is $25.7 million.
  • In the last 5 years, Energy Vault Holdings' Operating Expenses surged by 129266.34% in 2022 and then plummeted by 2435.92% in 2023.
  • Quarter analysis of 5 years shows Energy Vault Holdings' Operating Expenses stood at $12.4 million in 2021, then surged by 200.13% to $37.3 million in 2022, then fell by 24.36% to $28.2 million in 2023, then skyrocketed by 87.84% to $53.0 million in 2024, then crashed by 49.82% to $26.6 million in 2025.
  • Its Operating Expenses stands at $26.6 million for Q3 2025, versus $30.7 million for Q2 2025 and $25.8 million for Q1 2025.