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

Energy Vault Holdings (NRGV) has disclosed Research & Development for 5 consecutive years, with $3.4 million as the latest value for Q3 2025.

  • For the quarter ending Q3 2025, Research & Development fell 41.06% year-over-year to $3.4 million, compared with a TTM value of $17.6 million through Sep 2025, down 35.09%, and an annual FY2024 reading of $26.0 million, down 29.93% over the prior year.
  • Research & Development was $3.4 million for Q3 2025 at Energy Vault Holdings, down from $4.1 million in the prior quarter.
  • Across five years, Research & Development topped out at $11.7 million in Q3 2022 and bottomed at $1.0 million in Q1 2021.
  • Average Research & Development over 5 years is $6.2 million, with a median of $6.4 million recorded in 2022.
  • The sharpest move saw Research & Development skyrocketed 846.23% in 2022, then crashed 45.1% in 2025.
  • Year by year, Research & Development stood at $3.0 million in 2021, then surged by 115.57% to $6.4 million in 2022, then grew by 17.09% to $7.6 million in 2023, then fell by 15.55% to $6.4 million in 2024, then plummeted by 47.29% to $3.4 million in 2025.
  • Business Quant data shows Research & Development for NRGV at $3.4 million in Q3 2025, $4.1 million in Q2 2025, and $3.8 million in Q1 2025.