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Energy Vault Holdings (NRGV) Research & Development (2021 - 2025)

Energy Vault Holdings' Research & Development history spans 5 years, with the latest figure at $3.4 million for Q4 2025.

  • For Q4 2025, Research & Development fell 47.08% year-over-year to $3.4 million; the TTM value through Dec 2025 reached $14.6 million, down 43.71%, while the annual FY2025 figure was $14.6 million, 43.71% down from the prior year.
  • Research & Development reached $3.4 million in Q4 2025 per NRGV's latest filing, roughly flat from $3.4 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $13.8 million in Q4 2022 to a low of $1.0 million in Q1 2021.
  • Average Research & Development over 5 years is $6.5 million, with a median of $6.7 million recorded in 2024.
  • Peak YoY movement for Research & Development: skyrocketed 846.23% in 2022, then tumbled 47.08% in 2025.
  • A 5-year view of Research & Development shows it stood at $3.0 million in 2021, then surged by 362.43% to $13.8 million in 2022, then crashed by 45.42% to $7.6 million in 2023, then fell by 15.55% to $6.4 million in 2024, then crashed by 47.08% to $3.4 million in 2025.
  • Per Business Quant, the three most recent readings for NRGV's Research & Development are $3.4 million (Q4 2025), $3.4 million (Q3 2025), and $4.1 million (Q2 2025).