Income Statement - Energy Vault Holdings, Inc. (NRGV)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | |
|---|---|---|---|---|---|---|---|
| Total revenue | 203.67 | 46.20 | 341.54 | 145.88 | 42.88 | 0.00 | 0.00 |
| Cost of revenue | 155.68 | 40.01 | 324.01 | 86.58 | 2.44 | ||
| Gross profit | 47.99 | 6.19 | 17.53 | 59.30 | -2.44 | ||
| Total operating expenses | 122.36 | 136.18 | 124.27 | 119.55 | 24.38 | 14.51 | -10.01 |
| Operating income | -74.37 | -130.00 | -106.74 | -60.26 | -26.81 | -14.51 | 10.01 |
| Non-operating income (net) | -21.53 | -5.75 | 7.94 | -17.62 | -4.52 | -9.66 | -20.15 |
| Income before tax | -95.90 | -135.75 | -98.79 | -77.87 | -31.34 | -24.17 | -10.14 |
| Income tax expense | 7.76 | 0.07 | -0.35 | 0.43 | 0.00 | 0.00 | 0.00 |
| Net income | -103.61 | -135.75 | -98.44 | -78.30 | -31.34 | -24.17 | -10.14 |
Show Quarterly Income Statement
Income Statement - Energy Vault Holdings, Inc. (NRGV)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 21.88 | 153.31 | 33.32 | 8.51 | 8.53 | 33.47 | 1.20 | 3.77 | 7.76 | 118.24 | 172.21 | 39.68 | 11.42 | 100.32 | 1.69 | 0.98 | 42.88 | 0.00 | 0.00 | 0.00 | 0.00 | ||||
| Cost of revenue | 19.31 | 121.72 | 24.31 | 6.00 | 3.66 | 30.88 | 0.72 | 2.72 | 5.99 | 114.44 | 165.06 | 35.73 | 9.00 | 84.39 | 1.62 | 0.57 | 1.40 | 1.25 | 0.32 | 0.28 | |||||
| Gross profit | 2.57 | 31.59 | 9.01 | 2.52 | 4.88 | 2.59 | 0.48 | 1.05 | 1.77 | 3.79 | 7.15 | 3.95 | 2.42 | 15.94 | 0.07 | 0.41 | 42.88 | -1.25 | -0.32 | -0.28 | |||||
| Total operating expenses | 26.77 | 39.33 | 26.59 | 30.66 | 25.77 | 25.21 | 27.56 | 28.93 | 26.40 | 27.99 | 28.38 | 32.31 | 35.36 | 41.68 | 36.28 | 22.38 | 22.05 | 46.25 | 5.61 | 8.14 | 2.96 | -4.94 | -16.23 | 3.33 | 3.33 |
| Operating income | -24.20 | -7.74 | -17.58 | -28.15 | -20.89 | -50.41 | -27.08 | -27.89 | -24.63 | -24.20 | -21.24 | -28.36 | -32.94 | -25.74 | -36.21 | -21.97 | 20.84 | -46.25 | -5.61 | -8.14 | -2.96 | 4.94 | 16.23 | -3.33 | -3.33 |
| Non-operating income (net) | -8.28 | -13.22 | -3.70 | -4.71 | 0.10 | -11.38 | 0.46 | 1.69 | 3.49 | 2.07 | 1.89 | 2.20 | 1.78 | 2.53 | 7.63 | 15.84 | -40.79 | 33.51 | -0.55 | 24.71 | -26.03 | -15.48 | -24.38 | 0.59 | 0.59 |
| Income before tax | -32.48 | -20.96 | -21.28 | -32.86 | -20.79 | -61.79 | -26.62 | -26.20 | -21.14 | -22.12 | -19.34 | -26.16 | -31.17 | -23.21 | -28.58 | -6.13 | -19.95 | -12.75 | -6.16 | 16.57 | -29.00 | -10.54 | -8.15 | -2.74 | -2.74 |
| Income tax expense | 0.00 | -0.23 | 5.54 | 2.07 | 0.38 | 0.07 | -0.02 | -0.01 | 0.25 | 0.05 | -0.40 | 0.00 | 0.07 | 0.07 | 0.19 | 0.05 | 0.13 | 0.00 | -0.01 | -21.36 | 24.10 | 0.00 | |||
| Net income | -32.49 | -20.73 | -26.82 | -34.93 | -21.14 | -61.83 | -26.59 | -26.19 | -21.14 | -22.17 | -18.94 | -26.16 | -31.17 | -23.28 | -28.77 | -6.18 | -20.08 | -12.75 | -6.16 | 16.57 | -29.00 | -10.54 | -8.15 | -2.74 | -2.74 |