Energy Vault Holdings (NRGV) Operating Margin (2022 - 2026)
Energy Vault Holdings' (NRGV) quarterly Operating Margin came in at 110.61% in Q1 2026, up 13421.0% YoY from N/an in Q1 2025, and down 2090.06% on a QoQ basis from 5.05% in Q4 2025.
Energy Vault Holdings (NRGV) Operating Margin (2022 - 2026) Analysis & Trends
Energy Vault Holdings (NRGV) has 5 years of Operating Margin data on file, last reported at 110.61% in Q1 2026.
- Quarterly Operating Margin rose 13421.0% year-over-year to 110.61% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 35.79% (up 23300.0% YoY) and the FY2025 annual result came in at 36.51%, up 24487.0% from the prior year.
- Operating Margin fell to 110.61% in Q1 2026, from 5.05% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 48.59% in Q1 2022 to a low of 2258.13% in Q3 2024.
- A 5-year average of 527.41% and a median of 150.61% in 2024 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2024 — Operating Margin tumbled 224580 bps — and 2025, when it jumped 220536 bps.
- Tracing NRGV's Operating Margin over 5 years: stood at 25.66% in 2022, then gained by 20 bps to 20.47% in 2023, then plunged by 636 bps to 150.61% in 2024, then jumped by 97 bps to 5.05% in 2025, then slumped by 2090 bps to 110.61% in 2026.
- The last three Operating Margin figures came in at 110.61% (Q1 2026), 5.05% (Q4 2025), and 52.77% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enlight Renewable Energy | 11.99 Bn | 10.83 Bn | 117.49 Mn | 54.78% |
| 2 | Ormat Technologies | 7.10 Bn | 6.44 Bn | 68.70 Mn | 13.22% |
| 3 | Brookfield Renewable Partners | 4.64 Bn | 2.14 Bn | 623.00 Mn | -14.87% |
| 4 | Clearway Energy | 3.80 Bn | 3.46 Bn | 332.00 Mn | 24.12% |
| 5 | ReNew Energy Global | 2.48 Bn | 2.06 Bn | 269.00 Mn | 3.83% |
| 6 | Fluence Energy | 1.82 Bn | 1.26 Bn | 33.24 Mn | -4.58% |
| 7 | XPLR Infrastructure | 1.08 Bn | 581.62 Mn | - | 16.53% |
| 8 | Energy Vault Holdings | 696.04 Mn | 627.30 Mn | 4.79 Mn | -110.61% |
| 9 | AXIA Energia | 672.29 Mn | -1.91 Bn | 1.44 Bn | 43.52% |
| 10 | Eco Wave Power Global AB (publ) | 332.87 Mn | 332.87 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -110.61% |
| Dec 31, 2025 | -5.05% |
| Sep 30, 2025 | -52.77% |
| Jun 30, 2025 | -330.69% |
| Mar 31, 2025 | -244.82% |
| Dec 31, 2024 | -150.61% |
| Sep 30, 2024 | -2,258.13% |
| Jun 30, 2024 | -739.66% |
| Mar 31, 2024 | -317.40% |
| Dec 31, 2023 | -20.47% |
| Sep 30, 2023 | -12.33% |
| Jun 30, 2023 | -71.47% |
| Mar 31, 2023 | -288.41% |
| Dec 31, 2022 | -25.66% |
| Sep 30, 2022 | -2,137.31% |
| Jun 30, 2022 | -2,249.13% |
| Mar 31, 2022 | 48.59% |