Energy Vault Holdings (NRGV) Revenue (2022 - 2026)
Energy Vault Holdings' (NRGV) quarterly Revenue came in at $21.9 million in Q1 2026, up 156.37% YoY from $8.5 million in Q1 2025, and down 85.73% on a QoQ basis from $153.3 million in Q4 2025.
Energy Vault Holdings (NRGV) Revenue (2022 - 2026) Analysis & Trends
Energy Vault Holdings (NRGV) has 5 years of Revenue data on file, last reported at $21.9 million in Q1 2026.
- Quarterly Revenue rose 156.37% year-over-year to $21.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $217.0 million (up 361.99% YoY) and the FY2025 annual result came in at $203.7 million, up 340.86% from the prior year.
- Revenue retreated to $21.9 million in Q1 2026, from $153.3 million in the prior quarter.
- In the past five years, Revenue ranged from a high of $172.2 million in Q3 2023 to a low of $977000.0 in Q2 2022.
- A 5-year average of $44.7 million and a median of $21.9 million in 2026 frame the typical range for Revenue.
- Annual changes were most pronounced in 2023 — Revenue surged 10065.58% — and 2024, when it plunged 99.3%.
- Tracing NRGV's Revenue over 5 years: stood at $100.3 million in 2022, then gained by 17.86% to $118.2 million in 2023, then tumbled by 71.69% to $33.5 million in 2024, then surged by 358.03% to $153.3 million in 2025, then tumbled by 85.73% to $21.9 million in 2026.
- The last three Revenue figures came in at $21.9 million (Q1 2026), $153.3 million (Q4 2025), and $33.3 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Enlight Renewable Energy | 11.97 Bn | 10.80 Bn | 117.49 Mn | 165.99 Mn |
| 2 | Ormat Technologies | 7.12 Bn | 6.47 Bn | 68.70 Mn | 258.76 Mn |
| 3 | Brookfield Renewable Partners | 4.70 Bn | 2.20 Bn | 623.00 Mn | 1.08 Bn |
| 4 | Clearway Energy | 3.84 Bn | 3.50 Bn | 332.00 Mn | 481.00 Mn |
| 5 | ReNew Energy Global | 2.49 Bn | 2.07 Bn | 269.00 Mn | 339.00 Mn |
| 6 | Fluence Energy | 1.86 Bn | 1.29 Bn | 33.24 Mn | 649.85 Mn |
| 7 | XPLR Infrastructure | 1.08 Bn | 7.95 Bn | - | 363.00 Mn |
| 8 | Energy Vault Holdings | 702.94 Mn | 634.19 Mn | 4.79 Mn | 21.88 Mn |
| 9 | AXIA Energia | 672.29 Mn | -1.91 Bn | 1.44 Bn | 2.42 Bn |
| 10 | Eco Wave Power Global AB (publ) | 366.78 Mn | 366.78 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 21.88 Mn |
| Dec 31, 2025 | 153.31 Mn |
| Sep 30, 2025 | 33.32 Mn |
| Jun 30, 2025 | 8.51 Mn |
| Mar 31, 2025 | 8.53 Mn |
| Dec 31, 2024 | 33.47 Mn |
| Sep 30, 2024 | 1.20 Mn |
| Jun 30, 2024 | 3.77 Mn |
| Mar 31, 2024 | 7.76 Mn |
| Dec 31, 2023 | 118.24 Mn |
| Sep 30, 2023 | 172.21 Mn |
| Jun 30, 2023 | 39.68 Mn |
| Mar 31, 2023 | 11.42 Mn |
| Dec 31, 2022 | 100.32 Mn |
| Sep 30, 2022 | 1.69 Mn |
| Jun 30, 2022 | 977,000.00 |
| Mar 31, 2022 | 42.88 Mn |