# Energy Vault Holdings, Inc.: overview

NRGV · NYSE · CIK 1828536 · [Technology](/sectors/technology.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/nrgv.md) · [Financials](/companies/nrgv/financials.md) · [Filings](/companies/nrgv/filings.md) · [Insiders](/companies/nrgv/insiders.md)

Latest reported revenue: [$17.4m](/filings/0001828536-26-000101.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 11, 2026 (XBRL us-gaap:Revenues, accession 0001828536-26-000101).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [1.2](/filings/0001828536-24-000190.md) | [33.5 d](/filings/0001828536-26-000022.md) | [8.5](/filings/0001828536-25-000063.md) | [8.5](/filings/0001828536-26-000101.md) | [33.3](/filings/0001828536-25-000203.md) | [153 d](/filings/0001828536-26-000022.md) | [21.9](/filings/0001828536-26-000050.md) | [17.4](/filings/0001828536-26-000101.md) |
| Gross margin | % | [40.3%](/filings/0001828536-25-000203.md) | [7.7% d](/filings/0001828536-26-000022.md) | [57.1%](/filings/0001828536-26-000050.md) | [29.6%](/filings/0001828536-26-000101.md) | [27.0%](/filings/0001828536-25-000203.md) | [20.6% d](/filings/0001828536-26-000022.md) | [21.9%](/filings/0001828536-26-000050.md) | [31.0%](/filings/0001828536-26-000101.md) |
| Operating margin | % | [(2258.1%)](/filings/0001828536-25-000203.md) | [(150.6%) d](/filings/0001828536-26-000022.md) | [(244.8%)](/filings/0001828536-26-000050.md) | [(330.7%)](/filings/0001828536-26-000101.md) | [(52.8%)](/filings/0001828536-25-000203.md) | [(5.1%) d](/filings/0001828536-26-000022.md) | [(110.6%)](/filings/0001828536-26-000050.md) | [(142.0%)](/filings/0001828536-26-000101.md) |
| Net margin | % | [(2217.9%)](/filings/0001828536-25-000203.md) | [(184.7%) d](/filings/0001828536-26-000022.md) | [(247.7%)](/filings/0001828536-26-000050.md) | [(410.3%)](/filings/0001828536-26-000101.md) | [(80.5%)](/filings/0001828536-25-000203.md) | [(13.5%) d](/filings/0001828536-26-000022.md) | [(148.5%)](/filings/0001828536-26-000050.md) | [(170.9%)](/filings/0001828536-26-000101.md) |
| Diluted EPS | $ per share | [(0.18)](/filings/0001828536-25-000203.md) | not reported | [(0.14)](/filings/0001828536-26-000050.md) | [(0.22)](/filings/0001828536-26-000101.md) | [(0.16)](/filings/0001828536-25-000203.md) | not reported | [(0.20)](/filings/0001828536-26-000050.md) | [(0.18)](/filings/0001828536-26-000101.md) |
| Free cash flow | $m | [(36.4) d](/filings/0001828536-25-000203.md) | [(45.4) d](/filings/0001828536-26-000022.md) | [(9.5)](/filings/0001828536-26-000050.md) | [6.9 d](/filings/0001828536-26-000101.md) | [(27.2) d](/filings/0001828536-25-000203.md) | [(17.0) d](/filings/0001828536-26-000022.md) | [(60.9)](/filings/0001828536-26-000050.md) | [(39.7) d](/filings/0001828536-26-000101.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [0.0](/filings/0001828536-23-000040.md) | [146](/filings/0001828536-24-000035.md) | [342](/filings/0001828536-25-000032.md) | [46.2](/filings/0001828536-26-000022.md) | [204](/filings/0001828536-26-000022.md) |
| Gross margin | % | not reported | [40.6%](/filings/0001828536-24-000035.md) | [5.1%](/filings/0001828536-25-000032.md) | [13.4%](/filings/0001828536-26-000022.md) | [23.6%](/filings/0001828536-26-000022.md) |
| Operating margin | % | not reported | [(43.2%)](/filings/0001828536-24-000035.md) | [(31.3%)](/filings/0001828536-25-000032.md) | [(281.4%)](/filings/0001828536-26-000022.md) | [(36.5%)](/filings/0001828536-26-000022.md) |
| Net margin | % | not reported | [(53.7%)](/filings/0001828536-24-000035.md) | [(28.8%)](/filings/0001828536-25-000032.md) | [(293.8%)](/filings/0001828536-26-000022.md) | [(50.9%)](/filings/0001828536-26-000022.md) |
| Diluted EPS | $ per share | [(2.45)](/filings/0001828536-23-000040.md) | [(0.64)](/filings/0001828536-24-000035.md) | [(0.69)](/filings/0001828536-25-000032.md) | [(0.91)](/filings/0001828536-26-000022.md) | [(0.65)](/filings/0001828536-26-000022.md) |
| Free cash flow | $m | [(22.2)](/filings/0001828536-23-000040.md) | [(25.7)](/filings/0001828536-24-000035.md) | [(123)](/filings/0001828536-25-000032.md) | [(115)](/filings/0001828536-26-000022.md) | [(46.7)](/filings/0001828536-26-000022.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Gross profit: us-gaap:GrossProfit.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/nrgv/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [SB INVESTMENT ADVISERS (UK) LTD](/funds/1731509.md) | 2026-06-30 | $73.2m | 15,535,631 |  | Unchanged |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $52.7m | 11,179,762 |  | Added +9,019,845 |
| [UBS Group AG](/funds/1610520.md) | 2026-06-30 | $33.0m | 7,000,000 | Call | Reduced −20 |
| [SCOGGIN MANAGEMENT LP](/funds/1086416.md) | 2026-06-30 | $29.1m | 6,175,000 |  | Added +675,000 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $28.4m | 6,028,597 |  | Added +867,326 |
| [Legal & General Group Plc](/funds/764068.md) | 2026-06-30 | $25.5m | 5,415,800 |  | Added +1,309,024 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $24.8m | 5,263,990 |  | Reduced −544,718 |
| [SailingStone Capital Partners LLC](/funds/1608904.md) | 2026-06-30 | $21.0m | 4,469,075 |  | Added +24,058 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $15.2m | 3,229,206 |  | Added +1,965,704 |
| [MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.](/funds/1705339.md) | 2026-06-30 | $15.1m | 3,352,554 |  | Added +519,551 |

## Recent filings

[All 836 filings](/companies/nrgv/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-09-22 | 20:30 ET | [8-K](/filings/0001828536-26-000111.md) | 2.03 New direct financial obligation; 9.01 Financial statements and exhibits | 0001828536-26-000111 |
| 2026-08-20 | 20:32 ET | [8-K](/filings/0001828536-26-000106.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 9.01 Financial statements and exhibits | 0001828536-26-000106 |
| 2026-08-11 | 20:10 ET | [10-Q](/filings/0001828536-26-000101.md) | Quarterly report, period 2026-06-30 | 0001828536-26-000101 |
| 2026-08-11 | 20:07 ET | [8-K](/filings/0001828536-26-000100.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001828536-26-000100 |
| 2026-07-17 | 20:30 ET | [8-K](/filings/0001828536-26-000090.md) | 5.02 Departure or appointment of officers or directors; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001828536-26-000090 |
| 2026-07-01 | 10:55 ET | [8-K](/filings/0001828536-26-000083.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 3.02 Unregistered sale of equity; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001828536-26-000083 |
| 2026-06-01 | 15:36 ET | [8-K](/filings/0001828536-26-000052.md) | 5.07 Shareholder vote results; 9.01 Financial statements and exhibits | 0001828536-26-000052 |
| 2026-05-19 | 22:34 ET | [10-Q](/filings/0001828536-26-000050.md) | Quarterly report, period 2026-03-31 | 0001828536-26-000050 |
| 2026-05-07 | 21:27 ET | [8-K](/filings/0001104659-26-057301.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-057301 |
| 2026-05-05 | 20:13 ET | [8-K](/filings/0001828536-26-000038.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001828536-26-000038 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001828536-26-000022.md), filed Mar 18, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/de3702ac-853d-429e-b789-f499f446b976)

## About the filer

- CIK: 1828536
- Tickers: NRGV
- Exchange: NYSE
- SIC code: 3690 Miscellaneous Electrical Machinery, Equipment & Supplies
- State of incorporation: DE
- Filer category: <br>Emerging growth company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:48 ET. No prices; not investment advice.