Products was Nuvve Holding’s largest product and service line in fiscal 2025, bringing in $12.18M of $19.18M (64%).
| Product and Service | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|
| Products | $16.52M | $23.37M | $10.27M | $12.18M | ||
| Services | — | — | — | — | ||
| Services - Engineering & Others | $1.35M | $5.29M | $7.94M | $4.36M | ||
| Grants | $1.84M | $1.31M | $1.64M | $2.24M | ||
| Grid Services | $1.79M | $3.36M | $1.29M | $395.86K | ||
| Total | $21.49M | $33.33M | $21.14M | $19.18M |
Nuvve Holding brought in $19.18M from its four product and service lines in fiscal 2025, the year ended December 31, 2025. That was down 9.3% from $21.14M in fiscal 2024. Products was the largest at $12.18M (63.5%), ahead of Services - Engineering & Others at $4.36M (22.7%) and Grants at $2.24M (11.7%). The remaining line, Grid Services, brought in $395.86K.
Compared with fiscal 2024, Grants grew fastest, up 36.4% to $2.24M, while Grid Services fell the most, down 69.2% to $395.86K. From fiscal 2022 to 2025, combined revenue from these lines fell from $21.49M to $19.18M, a compound annual decline of 3.7%. Products' share of the total fell from 76.8% to 63.5%.
United States was Nuvve Holding’s largest region in fiscal 2025, bringing in $18.08M of $19.18M (94%).
| Geography | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|
| United States | $19.36M | $31.43M | $19.92M | $18.08M | ||
| United Kingdom | $782.20K | $132.19K | — | — | ||
| Denmark | $1.35M | $1.76M | $1.23M | $721.69K | ||
| Japan | — | — | — | $377.87K | ||
| Total | $21.49M | $33.33M | $21.14M | $19.18M |
Nuvve Holding brought in $19.18M from its three regions in fiscal 2025, the year ended December 31, 2025. Nuvve Holding regrouped these regions after fiscal 2024, so the total does not compare directly with that year's $21.14M. United States was the largest at $18.08M (94.3%), ahead of Denmark at $721.69K (3.8%) and Japan at $377.87K (2.0%).
Compared with fiscal 2024, United States fell 9.3% to $18.08M and Denmark fell 41.1% to $721.69K.
Nuvve Holding began breaking out Japan in fiscal 2025, when it brought in $377.87K. Nuvve Holding stopped reporting United Kingdom as a separate region after fiscal 2023, when it brought in $132.19K.
Nuvve Holding (NVVE) reports its revenue by product and service and by geography. In fiscal 2025, Products was its largest product and service line, bringing in $12.18M (63.5% of the total), followed by Services - Engineering & Others at $4.36M (22.7%).
Products was Nuvve Holding's largest product and service line in fiscal 2025, bringing in $12.18M, or 63.5% of the $19.18M total across its four product and service lines.
United States was Nuvve Holding's largest region in fiscal 2025, bringing in $18.08M, or 94.3% of the $19.18M total across its three regions.
Among Nuvve Holding's product and service lines that make up at least 2% of revenue, Grants grew fastest in fiscal 2025, up 36.4% from $1.64M to $2.24M.
Every figure comes from Nuvve Holding's annual financial filings, as reported. Each line keeps the name Nuvve Holding gives it, and years follow its fiscal calendar.
Nuvve Holding's revenue by product and service goes back to fiscal 2020, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.