Energy Vault Holdings (NRGV) Tax Rate (2021 - 2026)
Energy Vault Holdings' (NRGV) quarterly Tax Rate came in at 0.0% in Q1 2026, up 192.0% YoY from 0.0% in Q1 2025, and down 100.27% on a QoQ basis from 1.13% in Q4 2025.
Energy Vault Holdings (NRGV) Tax Rate (2021 - 2026) Analysis & Trends
Energy Vault Holdings (NRGV) has 6 years of Tax Rate data on file, last reported at 0.0% in Q1 2026.
- Quarterly Tax Rate rose 192.0% year-over-year to 0.0% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 6.88% (down 653.0% YoY) and the FY2025 annual result came in at 8.1%, down 805.0% from the prior year.
- Tax Rate retreated to 0.0% in Q1 2026, from 1.13% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 2.07% in Q3 2023 to a low of 26.01% in Q3 2025.
- A 5-year average of 2.58% and a median of 0.23% in 2023 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2022 — Tax Rate fell 11 bps — and 2023, when it jumped 272 bps.
- Tracing NRGV's Tax Rate over 5 years: stood at 0.12% in 2022, then plunged by 98 bps to 0.23% in 2023, then soared by 53 bps to 0.11% in 2024, then jumped by 1143 bps to 1.13% in 2025, then tumbled by 100 bps to 0.0% in 2026.
- The last three Tax Rate figures came in at 0.0% (Q1 2026), 1.13% (Q4 2025), and 26.01% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Enlight Renewable Energy | 11.86 Bn | 10.69 Bn | 117.49 Mn | 24.69% |
| 2 | Ormat Technologies | 6.97 Bn | 6.31 Bn | 68.70 Mn | -56.33% |
| 3 | Brookfield Renewable Partners | 4.63 Bn | 2.13 Bn | 623.00 Mn | -7.00% |
| 4 | Clearway Energy | 3.79 Bn | 3.45 Bn | 332.00 Mn | -11.11% |
| 5 | ReNew Energy Global | 2.48 Bn | 2.06 Bn | 269.00 Mn | - |
| 6 | Fluence Energy | 1.83 Bn | 1.27 Bn | 33.24 Mn | -1.84% |
| 7 | XPLR Infrastructure | 1.08 Bn | 584.55 Mn | - | -550.00% |
| 8 | AXIA Energia | 672.29 Mn | -1.91 Bn | 1.44 Bn | -18.29% |
| 9 | Energy Vault Holdings | 671.14 Mn | 602.39 Mn | 4.79 Mn | 0.00% |
| 10 | Eco Wave Power Global AB (publ) | 342.25 Mn | 342.25 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.00% |
| Mar 31, 2026 | 0.00% |
| Mar 31, 2026 | 0.00% |
| Dec 31, 2025 | 1.13% |
| Dec 31, 2025 | 1.13% |
| Dec 31, 2025 | 1.13% |
| Sep 30, 2025 | -26.01% |
| Sep 30, 2025 | -26.01% |
| Sep 30, 2025 | -26.01% |
| Jun 30, 2025 | -6.39% |
| Jun 30, 2025 | -6.39% |
| Jun 30, 2025 | -6.39% |
| Mar 31, 2025 | -1.92% |
| Mar 31, 2025 | -1.92% |
| Mar 31, 2025 | -1.92% |
| Dec 31, 2024 | -0.11% |
| Dec 31, 2024 | -0.11% |
| Dec 31, 2024 | -0.11% |
| Dec 31, 2023 | -0.23% |
| Dec 31, 2023 | -0.23% |