Energy Vault Holdings NRGV
NYSE NRGV
$3.55 +0.28 (+8.56%)
At close: Sep 2, 2026 · 4:00 PM EDT

Energy Vault Holdings (NRGV) Operating Income (2021 - 2026)

Energy Vault Holdings' (NRGV) quarterly Operating Income came in at -$24.2 million in Q1 2026, down 15.83% YoY from -$28.8 million in Q1 2025, and down 212.55% on a QoQ basis from -$7.7 million in Q4 2025.

Analysis

Energy Vault Holdings (NRGV) Operating Income (2021 - 2026) Analysis & Trends

Energy Vault Holdings (NRGV) has 6 years of Operating Income data on file, last reported at -$24.2 million in Q1 2026.

  • Quarterly Operating Income fell 15.83% year-over-year to -$24.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$77.7 million (up 38.48% YoY) and the FY2025 annual result came in at -$74.4 million, up 42.79% from the prior year.
  • Operating Income eased to -$24.2 million in Q1 2026, from -$7.7 million in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $20.8 million in Q1 2022 to a low of -$50.4 million in Q4 2024.
  • A 5-year average of -$23.4 million and a median of -$24.6 million in 2024 frame the typical range for Operating Income.
  • The widest YoY moves for Operating Income: up 803.71% in 2022, down 544.92% in 2022.
  • Tracing NRGV's Operating Income over 5 years: stood at -$25.7 million in 2022, then climbed by 5.99% to -$24.2 million in 2023, then slumped by 108.33% to -$50.4 million in 2024, then jumped by 84.64% to -$7.7 million in 2025, then plunged by 212.55% to -$24.2 million in 2026.
  • The last three Operating Income figures came in at -$24.2 million (Q1 2026), -$7.7 million (Q4 2025), and -$17.6 million (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 AXIA Energia 30.72 Bn 28.40 Bn 2.59 Bn 1.95 Bn
2 Enlight Renewable Energy 9.46 Bn 8.16 Bn 117.49 Mn 90.93 Mn
3 Ormat Technologies 6.42 Bn 5.77 Bn 68.70 Mn 34.20 Mn
4 Brookfield Renewable Partners 4.65 Bn 2.41 Bn 927.00 Mn 421.00 Mn
5 Clearway Energy 3.45 Bn 3.11 Bn 332.00 Mn 116.00 Mn
6 ReNew Energy Global 2.48 Bn 2.09 Bn - 88.00 Mn
7 Fluence Energy 1.46 Bn 894.31 Mn 33.24 Mn -29.79 Mn
8 XPLR Infrastructure 1.12 Bn 1.12 Bn 219.00 Mn 60.00 Mn
9 Energy Vault Holdings 621.58 Mn 514.23 Mn 5.38 Mn -24.66 Mn
10 Eco Wave Power Global AB (publ) 283.14 Mn 283.14 Mn - -769,000.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -24.66 Mn
Mar 31, 2026 -24.20 Mn
Dec 31, 2025 -7.74 Mn
Sep 30, 2025 -17.58 Mn
Jun 30, 2025 -28.15 Mn
Mar 31, 2025 -20.89 Mn
Dec 31, 2024 -50.41 Mn
Sep 30, 2024 -27.08 Mn
Jun 30, 2024 -27.89 Mn
Mar 31, 2024 -24.63 Mn
Dec 31, 2023 -24.20 Mn
Sep 30, 2023 -21.24 Mn
Jun 30, 2023 -28.36 Mn
Mar 31, 2023 -32.94 Mn
Dec 31, 2022 -25.74 Mn
Sep 30, 2022 -36.21 Mn
Jun 30, 2022 -21.97 Mn
Mar 31, 2022 20.84 Mn
Dec 31, 2021 -12.82 Mn
Sep 30, 2021 -5.61 Mn