Income Statement
ENERGY VAULT HOLDINGS, INC.
NRGV
Performance Overview
Click any row in the table to add it to this chart
in millions USD
| Metric | Dec 31, 2025 2025 FY | Dec 31, 2024 2024 FY | Dec 31, 2023 2023 FY | Dec 31, 2022 2022 FY | Dec 31, 2021 2021 FY | Dec 31, 2020 2020 FY |
|---|---|---|---|---|---|---|
|
Revenue
|
203.67 | 46.20 | 341.54 | 145.88 | - | - |
|
Cost of Revenue
|
155.68 | 40.01 | 324.01 | 86.58 | - | - |
|
Gross Profit
|
47.99 | 6.19 | 17.53 | 59.30 | - | - |
|
Operating Expenses
|
122.36 | 136.18 | 105.16 | 106.97 | 1.25 | 0.00 |
|
Research & Development
|
14.64 | 26.00 | 37.10 | 50.06 | - | - |
|
Selling, General & Administrative
|
81.18 | 62.97 | 68.06 | 56.91 | - | - |
|
Other Operating Expenses
|
- | - | - | - | - | - |
|
Operating Income
|
-74.37 | -130.00 | -87.63 | -47.67 | -1.25 | - |
|
Non-Operating Income
|
21.53 | 5.75 | 11.16 | 30.20 | -2.09 | - |
|
Interest Income
|
- | 0.60 | 8.15 | 0.30 | - | - |
|
Interest Expense
|
0.63 | - | 0.04 | 0.00 | - | - |
|
Other Non-Op Income / Expense
|
-5.99 | 1.50 | -0.17 | 3.47 | - | - |
|
Income Before Tax
|
-95.90 | -135.75 | -98.79 | -77.87 | - | - |
|
Income Tax Expense
|
7.72 | 0.07 | -0.35 | 0.43 | - | - |
|
Non-Controlling Interest
|
-0.05 | -0.06 | - | - | - | - |
|
Net Income
|
-103.61 | -135.81 | -98.44 | -78.30 | -3.34 | - |
Supplemental
Per share data, derived & other items — not part of the income statement
in millions USD unless noted
| Metric | Dec 31, 2025 2025 FY | Dec 31, 2024 2024 FY | Dec 31, 2023 2023 FY | Dec 31, 2022 2022 FY | Dec 31, 2021 2021 FY | Dec 31, 2020 2020 FY |
|---|---|---|---|---|---|---|
|
Depreciation & Amortization
|
- | - | - | - | - | - |
|
EBITDA
|
-70.93 | -128.94 | -86.74 | -39.93 | -1.25 | 0.00 |
|
Earnings Per Share (Basic)
|
-0.65 | -0.91 | -0.69 | -0.64 | -0.10 | - |
|
Diluted EPS
|
-0.65 | -0.91 | -0.69 | -0.64 | -0.10 | - |
|
Weighted Average Shares
|
160.53 | 149.85 | 142.85 | 123.24 | 25.68 | - |
|
Diluted Weighted Avg Shares
|
160.53 | 149.85 | 142.85 | 123.24 | 25.68 | - |
|
Comprehensive Income
|
-102.68 | -136.23 | -98.98 | -78.77 | - | - |