Energy Vault Holdings (NRGV) Retained Earnings (2020 - 2026)

Energy Vault Holdings' (NRGV) quarterly Retained Earnings came in at -$519.9 million in Q1 2026, down 199.73% YoY from $521.3 million in Q1 2025, and down 6.67% on a QoQ basis from -$487.4 million in Q4 2025.

Energy Vault Holdings (NRGV) Retained Earnings (2020 - 2026) Analysis & Trends

Energy Vault Holdings (NRGV) has 7 years of Retained Earnings data on file, last reported at -$519.9 million in Q1 2026.

  • Quarterly Retained Earnings fell 199.73% year-over-year to -$519.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$519.9 million (down 199.73% YoY) and the FY2025 annual result came in at -$487.4 million, down 195.19% from the prior year.
  • Retained Earnings fell to -$519.9 million in Q1 2026, from -$487.4 million in the prior quarter.
  • In the past five years, Retained Earnings ranged from a high of $521.3 million in Q1 2025 to a low of -$519.9 million in Q1 2026.
  • A 5-year average of -$26.0 million and a median of -$1.5 million in 2024 frame the typical range for Retained Earnings.
  • Annual changes were most pronounced in 2023 — Retained Earnings surged 194803.06% — and 2025, when it plunged 28993.92%.
  • Tracing NRGV's Retained Earnings over 5 years: stood at -$888000.0 in 2022, then surged by 53396.28% to $473.3 million in 2023, then gained by 8.19% to $512.0 million in 2024, then slumped by 195.19% to -$487.4 million in 2025, then decreased by 6.67% to -$519.9 million in 2026.
  • The last three Retained Earnings figures came in at -$519.9 million (Q1 2026), -$487.4 million (Q4 2025), and -$466.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 Enlight Renewable Energy 11.89 Bn 10.73 Bn 117.49 Mn 293.47 Mn
2 Ormat Technologies 6.96 Bn 6.31 Bn 68.70 Mn 965.78 Mn
3 Brookfield Renewable Partners 4.63 Bn 2.13 Bn 623.00 Mn -
4 Clearway Energy 3.77 Bn 3.43 Bn 332.00 Mn 1.73 Bn
5 ReNew Energy Global 2.48 Bn 2.06 Bn 269.00 Mn -472.80 Mn
6 Fluence Energy 1.84 Bn 1.27 Bn 33.24 Mn 670.32 Mn
7 XPLR Infrastructure 1.08 Bn 583.98 Mn - -5.00 Mn
8 Energy Vault Holdings 685.75 Mn 617.00 Mn 4.79 Mn -519.92 Mn
9 AXIA Energia 672.29 Mn -1.91 Bn 1.44 Bn -950.88 Mn
10 Eco Wave Power Global AB (publ) 342.25 Mn 342.25 Mn - -19.46 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -519.92 Mn
Dec 31, 2025 -487.40 Mn
Sep 30, 2025 -466.70 Mn
Jun 30, 2025 -439.90 Mn
Mar 31, 2025 521.32 Mn
Dec 31, 2024 512.02 Mn
Sep 30, 2024 -321.99 Mn
Jun 30, 2024 -1.51 Mn
Mar 31, 2024 -1.50 Mn
Dec 31, 2023 473.27 Mn
Sep 30, 2023 -225.90 Mn
Jun 30, 2023 -206.96 Mn
Mar 31, 2023 445.87 Mn
Dec 31, 2022 -888,000.00
Sep 30, 2022 -123.99 Mn
Jun 30, 2022 402.00 Mn
Mar 31, 2022 -229,000.00
Dec 31, 2021 713,000.00
Sep 30, 2021 -15.35 Mn
Jun 30, 2021 -16.42 Mn