Growth Metrics

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

Energy Vault Holdings posted quarterly Retained Earnings of -$519.9 million for Q1 2026, down 37989.23% year-on-year from N/an in Q1 2025, and down 6.66% on a QoQ basis from -$487.4 million in Q4 2025.

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

  • For the quarter ending Q1 2026, Retained Earnings fell 37989.23% year-over-year to -$519.9 million; the trailing twelve-month figure through Mar 2026 stood at -$519.9 million (down 37989.23% YoY), and the FY2025 full-year result was -$487.4 million, down 27.0% from the prior year.
  • Retained Earnings for Q1 2026 stood at -$519.9 million, down from -$487.4 million in the prior quarter.
  • Across five years, Retained Earnings topped out at -$215000.0 in Q3 2022 and bottomed at -$519.9 million in Q1 2026.
  • The 5-year median for Retained Earnings is -$89.0 million (2022), against an average of -$150.8 million.
  • The widest annual swing landed in 2025, when Retained Earnings jumped 99.49%; it then tumbled 37989.23% in 2026.
  • A 5-year view of Retained Earnings shows it stood at -$888000.0 in 2022, then tumbled by 60.02% to -$1.4 million in 2023, then slumped by 26909.15% to -$383.8 million in 2024, then retreated by 27.0% to -$487.4 million in 2025, then retreated by 6.66% 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 -$1.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 AXIA Energia 193.97 Bn 191.26 Bn 1.44 Bn -950.88 Mn
2 Enlight Renewable Energy 13.10 Bn 12.57 Bn 85.64 Mn 240.02 Mn
3 Ormat Technologies 8.30 Bn 8.16 Bn 78.83 Mn -2.13 Mn
4 Fluence Energy 3.60 Bn 3.28 Bn 46.63 Mn 6.05 Mn
5 Clearway Energy 1.42 Bn 4.77 Bn 220.00 Mn -6.00 Mn
6 XPLR Infrastructure 1.16 Bn 8.69 Bn 141.00 Mn -5.00 Mn
7 Energy Vault Holdings 916.05 Mn 870.62 Mn 4.79 Mn -519.92 Mn
8 Ellomay Capital 782.29 Mn 671.00 Mn 1.49 Mn 19.41 Mn
9 ReNew Energy Global 342.92 Mn 58.95 Mn 269.00 Mn -472.80 Mn
10 Nextnrg 90.54 Mn 87.86 Mn 1.71 Mn -164.74 Mn

Historic Data

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DateValue
Mar 31, 2026 -519.92 Mn
Dec 31, 2025 -966,000.00
Sep 30, 2025 -466.70 Mn
Jun 30, 2025 -439.90 Mn
Mar 31, 2025 -1.37 Mn
Dec 31, 2024 -1.90 Mn
Sep 30, 2024 -1.59 Mn
Jun 30, 2024 -1.51 Mn
Mar 31, 2024 -1.50 Mn
Dec 31, 2023 -1.42 Mn
Sep 30, 2023 -864,000.00
Jun 30, 2023 -206.96 Mn
Mar 31, 2023 -180.80 Mn
Dec 31, 2022 -147.27 Mn
Sep 30, 2022 -123.99 Mn
Jun 30, 2022 -95.22 Mn
Mar 31, 2022 -89.05 Mn
Dec 31, 2021 -413,000.00
Sep 30, 2021 -15.35 Mn
Jun 30, 2021 -16.42 Mn
Mar 31, 2021 -16.41 Mn
Dec 31, 2020 -1,104.00