Growth Metrics

Energy Vault Holdings (NRGV) Other Working Capital Changes (2021 - 2026)

Energy Vault Holdings posted quarterly Other Working Capital Changes of $2.6 million for Q1 2026, up 50.32% year-on-year from $1.7 million in Q1 2025, and up 155.58% on a QoQ basis from -$4.6 million in Q4 2025.

Energy Vault Holdings (NRGV) has 6 years of Other Working Capital Changes data on file, last reported at $2.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Other Working Capital Changes rose 50.32% year-over-year to $2.6 million; the trailing twelve-month figure through Mar 2026 stood at -$1.9 million (down 103.07% YoY), and the FY2025 full-year result was -$2.8 million, down 260.27% from the prior year.
  • Other Working Capital Changes for Q1 2026 stood at $2.6 million, up from -$4.6 million in the prior quarter.
  • Across five years, Other Working Capital Changes topped out at $60.2 million in Q2 2024 and bottomed at -$59.7 million in Q1 2024.
  • The 5-year median for Other Working Capital Changes is $635000.0 (2024), against an average of -$16117.6.
  • The widest annual swing landed in 2022, when Other Working Capital Changes jumped 7930.06%; it then tumbled 8640.79% in 2025.
  • A 5-year view of Other Working Capital Changes shows it stood at -$54.2 million in 2022, then jumped by 89.32% to -$5.8 million in 2023, then surged by 110.95% to $634000.0 in 2024, then slumped by 831.55% to -$4.6 million in 2025, then jumped by 155.58% to $2.6 million in 2026.
  • The last three Other Working Capital Changes figures came in at $2.6 million (Q1 2026), -$4.6 million (Q4 2025), and -$54.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 AXIA Energia 193.97 Bn 191.26 Bn 1.44 Bn
2 Enlight Renewable Energy 13.10 Bn 12.57 Bn 85.64 Mn
3 Ormat Technologies 8.30 Bn 8.16 Bn 78.83 Mn
4 Fluence Energy 3.60 Bn 3.28 Bn 46.63 Mn
5 Clearway Energy 1.42 Bn 4.77 Bn 220.00 Mn
6 XPLR Infrastructure 1.16 Bn 8.69 Bn 141.00 Mn
7 Energy Vault Holdings 916.05 Mn 870.62 Mn 4.79 Mn
8 Ellomay Capital 782.29 Mn 671.00 Mn 1.49 Mn
9 ReNew Energy Global 342.92 Mn 58.95 Mn 269.00 Mn
10 Nextnrg 90.54 Mn 87.86 Mn 1.71 Mn

Historic Data

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DateValue
Mar 31, 2026 2.58 Mn
Mar 31, 2026 2.58 Mn
Dec 31, 2025 -50.56 Mn
Dec 31, 2025 -50.56 Mn
Sep 30, 2025 51.61 Mn
Sep 30, 2025 51.61 Mn
Dec 31, 2024 -9.07 Mn
Dec 31, 2024 -9.07 Mn
Sep 30, 2024 635,000.00
Sep 30, 2024 635,000.00
Jun 30, 2024 60.20 Mn
Jun 30, 2024 60.20 Mn
Mar 31, 2024 -59.73 Mn
Mar 31, 2024 -59.73 Mn
Dec 31, 2023 -47.48 Mn
Dec 31, 2023 -47.48 Mn
Sep 30, 2023 -47.92 Mn
Sep 30, 2023 -47.92 Mn
Jun 30, 2023 15.35 Mn
Jun 30, 2023 15.35 Mn
Mar 31, 2023 35.50 Mn
Mar 31, 2023 35.50 Mn
Dec 31, 2022 -54.20 Mn
Dec 31, 2022 -54.20 Mn
Sep 30, 2022 24.74 Mn
Sep 30, 2022 24.74 Mn
Jun 30, 2022 -2.05 Mn
Jun 30, 2022 -2.05 Mn
Mar 31, 2022 32.55 Mn
Mar 31, 2022 32.55 Mn
Dec 31, 2021 664,000.00
Dec 31, 2021 664,000.00
Sep 30, 2021 -316,000.00
Sep 30, 2021 -316,000.00
Jun 30, 2021 -909,000.00
Jun 30, 2021 -909,000.00
Mar 31, 2021 561,000.00
Mar 31, 2021 561,000.00