Energy Vault Holdings, Inc. Financial Summary

Quick Answer

Energy Vault Holdings, Inc. reported Total Revenue of $203.67 million for fiscal year 2025.

Energy Vault Holdings, Inc. — Key Financials by Year

Metric 2025 2024 2023 2022 2021 2020
Total Revenue $203.67M
+340.9%
$46.20M
-86.5%
$341.54M
+134.1%
$145.88M $0.00
Revenue (ASC 606) $46.20M
-86.5%
$341.54M
+134.1%
$145.88M $0.00
Net Income -$103.61M
+23.7%
-$135.75M
-37.9%
-$98.44M
-25.7%
-$78.30M
-149.9%
-$31.34M
Diluted EPS -$0.65
+28.6%
-$0.91
-31.9%
-$0.69
-7.8%
-$0.64
+73.9%
-$2.45
Total Assets $312.88M
+70.1%
$183.89M
-46.0%
$340.75M
-18.2%
$416.71M
+232.6%
$125.29M
+59593.4%
$209.9K
Cash and Equivalents $58.26M
+115.1%
$27.09M
-75.4%
$109.92M
-45.9%
$203.04M
+93.1%
$105.12M
+60717.2%
$172.9K
Long-Term Debt $37.97M $0.00
Stockholders Equity $67.46M
-46.6%
$126.26M
-43.6%
$223.79M
-22.2%
$287.71M
+519.0%
-$68.67M $0.00
R&D Expense $14.63M
-43.7%
$26.00M
-29.9%
$37.10M
-12.9%
$42.60M
+438.5%
$7.91M
Operating Income -$74.37M
+42.8%
-$130.00M
-21.8%
-$106.74M
-69.2%
-$63.08M
-113.6%
-$29.54M
Gross Profit $47.99M
+675.7%
$6.19M
-64.7%
$17.53M
-70.4%
$59.30M
Shares Outstanding 168.97M
+10.3%
153.21M
+4.5%
146.58M
+9.6%
133.73M

Most Recent Quarter

Metric Quarter Ending Value YoY QoQ
Total Revenue September 30, 2025 $33.32M +2678.9% +291.4%
Revenue (ASC 606) March 31, 2025 $8.53M +10.0% +611.8%
Net Income September 30, 2025 -$26.82M -0.8% +23.2%
Diluted EPS September 30, 2025 -$0.16 +11.1% +27.3%
Total Assets September 30, 2025 $281.88M +11.5% +13.3%
Cash and Equivalents September 30, 2025 $32.70M -36.0% +52.7%
Long-Term Debt September 30, 2025 $31.56M +208.1%
Stockholders Equity September 30, 2025 $80.55M -55.0% -10.8%
R&D Expense September 30, 2025 $3.36M -41.1% -17.5%
Operating Income September 30, 2025 -$17.58M +35.1% +37.5%
Gross Profit September 30, 2025 $9.01M +1765.4% +258.1%
Shares Outstanding September 30, 2025 166.65M +10.0% +3.7%
  • Energy Vault Holdings, Inc. reported Total Revenue of $203.67 million for fiscal year 2025.
  • Energy Vault Holdings, Inc. showed an increase of +340.9% in Total Revenue compared to the prior fiscal year.
  • Energy Vault Holdings, Inc. reported Revenue (ASC 606) of $46.20 million for fiscal year 2024.
  • Energy Vault Holdings, Inc. showed a decrease of -86.5% in Revenue (ASC 606) compared to the prior fiscal year.
  • Energy Vault Holdings, Inc. reported Net Income of -$103.61 million for fiscal year 2025.
  • Energy Vault Holdings, Inc. showed an increase of +23.7% in Net Income compared to the prior fiscal year.
  • Energy Vault Holdings, Inc. reported Diluted EPS of $0.65 per share (loss) for fiscal year 2025.
  • Energy Vault Holdings, Inc. showed an increase of +28.6% in Diluted EPS compared to the prior fiscal year.
  • Energy Vault Holdings, Inc. reported Total Assets of $312.88 million for fiscal year 2025.
  • Energy Vault Holdings, Inc. showed an increase of +70.1% in Total Assets compared to the prior fiscal year.
  • Energy Vault Holdings, Inc. reported Cash and Equivalents of $58.26 million for fiscal year 2025.
  • Energy Vault Holdings, Inc. showed an increase of +115.1% in Cash and Equivalents compared to the prior fiscal year.
  • Energy Vault Holdings, Inc. reported Long-Term Debt of $37.97 million for fiscal year 2025.
  • Energy Vault Holdings, Inc. reported Stockholders Equity of $67.46 million for fiscal year 2025.
  • Energy Vault Holdings, Inc. showed a decrease of -46.6% in Stockholders Equity compared to the prior fiscal year.
  • Energy Vault Holdings, Inc. reported R&D Expense of $14.63 million for fiscal year 2025.
  • Energy Vault Holdings, Inc. showed a decrease of -43.7% in R&D Expense compared to the prior fiscal year.
  • Energy Vault Holdings, Inc. reported Operating Income of -$74.37 million for fiscal year 2025.
  • Energy Vault Holdings, Inc. showed an increase of +42.8% in Operating Income compared to the prior fiscal year.
  • Energy Vault Holdings, Inc. reported Gross Profit of $47.99 million for fiscal year 2025.
  • Energy Vault Holdings, Inc. showed an increase of +675.7% in Gross Profit compared to the prior fiscal year.
  • Energy Vault Holdings, Inc. reported Shares Outstanding of 168.97 million shares for fiscal year 2025.
  • Energy Vault Holdings, Inc. showed an increase of +10.3% in Shares Outstanding compared to the prior fiscal year.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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