Security
NXU.WS · Energy Vault Holdings, Inc.
NXU.WSNYSEWarrantHistorical · closed Feb 11, 2022CIK 1828536Updated Sep 27, 2026
Name history
Energy Vault Holdings, Inc. · through Sep 22, 2026Novus Capital Corp II · through Feb 14, 2022
Current security for this SEC filerNRGV · NYSE
NXU.WS price & chart
Historical security
This listing closed Feb 11, 2022. Live provider charts are shown only for current listings.
Current security: NRGV
About the company
Energy Vault® is an integrated power infrastructure platform that builds, owns and operates flexible, reliable energy systems to accelerate time-to-power for utilities, independent power producers, industrial customers and the AI and data center market. At the core of its platform is a technology-agnostic, software-enabled architecture that is designed to accelerate project delivery, optimize performance and drive faster time-to-revenue. Energy Vault’s integrated solutions combine energy storage, generation and advanced energy management to deliver scalable infrastructure tailored to customer needs. Its portfolio spans short-, long- and multi-day duration storage, enabling reliability,
In the news
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Recent filings
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement
Items 2.03, 9.01
Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement
Items 1.01, 2.03, 9.01
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
EFFECT filing
Show 5 more recent filings
S-3 filing
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Regulation FD Disclosure
Items 5.02, 7.01, 9.01
4 filing
Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · Unregistered Sales of Equity Securities · Regulation FD Disclosure
Items 1.01, 2.03, 3.02, 7.01, 9.01
4 filing
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 312,876,000Source | 183,889,000Source | 340,753,000Source | 416,713,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 8,277,000Source | 4,538,000Source | 1,786,000Source | — |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 58,260,000Source | 27,091,000Source | 109,923,000Source | 203,037,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 25,938,000Source | 14,565,000Source | 27,189,000Source | 37,460,000Source |
| Inventory, NetUSD | 139,000Source | 107,000Source | 415,000Source | 4,378,000Source |
| Assets, CurrentUSD | 121,070,000Source | 68,905,000Source | 279,582,000Source | 390,067,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 5,067,000Source | 3,595,000Source | 4,520,000Source | 31,569,000Source |
| Operating Lease, Right-of-Use AssetUSD | 2,242,000Source | 1,206,000Source | 1,700,000Source | 1,442,000Source |
| Other Assets, NoncurrentUSD | 883,000Source | 1,156,000Source | 2,649,000Source | 13,900,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 224,260,000Source | 57,633,000Source | 116,960,000Source | 129,000,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 17,000Source | 15,000Source | 15,000Source | 14,000Source |
| Additional Paid in CapitalUSD | 555,873,000Source | 512,022,000Source | 473,271,000Source | 435,852,000Source |
| Retained Earnings (Accumulated Deficit)USD | -487,433,000Source | -383,822,000Source | -248,072,000Source | -147,265,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -966,000Source | -1,896,000Source | -1,421,000Source | -888,000Source |
| Stockholders' Equity Attributable to ParentUSD | — | — | 223,793,000Source | 287,713,000Source |
| Liabilities and EquityUSD | 312,876,000Source | 183,889,000Source | 340,753,000Source | 416,713,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 165,017,000Source | 54,655,000Source | 111,854,000Source | 125,323,000Source |
| Operating Lease, Liability, CurrentUSD | 511,000Source | 461,000Source | 697,000Source | 787,000Source |
| Accounts Payable, CurrentUSD | 30,838,000Source | 20,250,000Source | 21,165,000Source | 60,315,000Source |
| Operating Lease, Liability, NoncurrentUSD | 1,501,000Source | 785,000Source | 1,044,000Source | 709,000Source |
| Other Liabilities, NoncurrentUSD | 4,386,000Source | 934,000Source | 2,115,000Source | — |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | -31,000Source | -63,000Source | — | — |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 70,389,000Source | 24,968,000Source | 85,042,000Source | 14,749,000Source |
| Accumulated Other Comprehensive (Income) Loss, Defined Benefit Plan, after TaxUSD | 1,137,000Source | -1,803,000Source | -1,164,000Source | -645,000Source |
| Long-term Debt, Current MaturitiesUSD | 56,628,000Source | — | — | — |
| Long-term Debt, Excluding Current MaturitiesUSD | 37,970,000Source | — | — | — |
| Redeemable Noncontrolling Interest, Equity, Carrying AmountUSD | 21,156,000Source | — | — | — |
| Short-term InvestmentsUSD | 325,000Source | 2,933,000Source | — | — |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -103,658,000Source | -135,813,000Source | — | — |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 3,435,000Source | 1,058,000Source | 893,000Source | 7,743,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 36,713,000Source | 38,709,000Source | 43,097,000Source | 41,058,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 11,334,000Source | -11,482,000Source | -10,202,000Source | 37,460,000Source |
| Increase (Decrease) in InventoriesUSD | 31,000Source | -308,000Source | -3,963,000Source | 4,378,000Source |
| Deferred Income Tax Expense (Benefit)USD | 7,149,000Source | 0Source | 0Source | 0Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -5,649,000Source | -55,860,000Source | -92,655,000Source | -23,346,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -44,607,000Source | -58,736,000Source | -42,542,000Source | -13,319,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 41,093,000Source | 58,853,000Source | 30,431,000Source | 2,319,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 424,000Source | 408,000Source | 6,017,000Source | 5,482,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 123,050,000Source | -252,000Source | -5,482,000Source | 217,771,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 73,370,000Source | -115,482,000Source | -140,627,000Source | 181,057,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 103,443,000Source | 30,073,000Source | 145,555,000Source | 286,182,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 3,396,000Source | 123,000Source | 35,000Source | 2,000Source |
| Income Taxes Paid, NetUSD | 643,000Source | — | — | — |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 576,000Source | -634,000Source | 52,000Source | -49,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 36,713,000Source | 38,709,000Source | 43,097,000Source | 41,058,000Source |
| Amortization of Debt Issuance CostsUSD | 1,717,000Source | — | — | — |
| Amortization of Intangible AssetsUSD | 900,000Source | 400,000Source | — | — |
| Asset Retirement Obligation, Accretion ExpenseUSD | 43,000Source | — | — | 95,000Source |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement and CurtailmentUSD | -143,000Source | — | — | — |
| DepreciationUSD | — | 700,000Source | 900,000Source | 7,700,000Source |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual AmountUSD | 0Source | 11,730,000Source | 0Source | 0Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -1,124,000Source | -300,000Source | -222,000Source | -316,000Source |
| Gain (Loss) on Disposition of AssetsUSD | — | 100,000Source | — | — |
| Gain (Loss) on Sale of Assets and Asset Impairment ChargesUSD | 0Source | -336,000Source | — | — |
| Gain (Loss) on Extinguishment of DebtUSD | -1,532,000Source | — | — | — |
| General and Administrative ExpenseUSD | 81,180,000Source | 62,971,000Source | 68,060,000Source | 56,912,000Source |
| Income Tax Expense (Benefit)USD | 7,763,000Source | 67,000Source | -349,000Source | 427,000Source |
| InterestExpenseNonoperatingUSD | 8,464,000Source | 123,000Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | -103,611,000Source | -135,750,000Source | -98,443,000Source | -78,299,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -47,000Source | -63,000Source | — | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -104,468,000Source | -135,750,000Source | -98,443,000Source | -78,299,000Source |
| Operating ExpensesUSD | 122,357,000Source | 136,183,000Source | — | — |
| Other Nonoperating Income (Expense)USD | -5,985,000Source | 566,000Source | -173,000Source | 3,469,000Source |
| Proceeds from Issuance of Common StockUSD | 6,849,000Source | — | 0Source | 235,940,000Source |
| Proceeds from Noncontrolling InterestsUSD | 33,679,000Source | — | — | — |
| Proceeds from Stock Options ExercisedUSD | 735,000Source | 42,000Source | 224,000Source | 171,000Source |
| Financing Receivable, Credit Loss, Expense (Reversal)USD | 5,477,000Source | 4,665,000Source | 112,000Source | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 203,671,000Source | 46,199,000Source | 341,543,000Source | 145,877,000Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Operating Income (Loss)USD | -74,367,000Source | -129,996,000Source | -106,736,000Source | -63,083,000Source |
| Other Nonoperating Income (Expense)USD | -5,985,000Source | 566,000Source | -173,000Source | 3,469,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -95,895,000Source | -135,746,000Source | -98,792,000Source | -77,872,000Source |
| Income Tax Expense (Benefit)USD | 7,763,000Source | 67,000Source | -349,000Source | 427,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -47,000Source | -63,000Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | -103,611,000Source | -135,750,000Source | -98,443,000Source | -78,299,000Source |
| Earnings Per Share, BasicUSD per share | -0.65Source | -0.91Source | -0.69Source | -0.64Source |
| Earnings Per Share, DilutedUSD per share | -0.65Source | -0.91Source | -0.69Source | -0.64Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 160,533,000Source | 149,846,000Source | 142,851,000Source | 123,241,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 160,533,000Source | 149,846,000Source | 142,851,000Source | 123,241,000Source |
| Interest Expense (non-operating)USD | 8,464,000Source | 123,000Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 900,000Source | 400,000Source | — | — |
| Business Combination, Acquisition Related CostsUSD | — | — | 0Source | 20,586,000Source |
| Cost, Depreciation and AmortizationUSD | 2,300,000Source | — | — | — |
| Current Income Tax Expense (Benefit)USD | 614,000Source | 67,000Source | -349,000Source | 427,000Source |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual AmountUSD | 0Source | 11,730,000Source | 0Source | 0Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -1,124,000Source | -300,000Source | -222,000Source | -316,000Source |
| General and Administrative ExpenseUSD | 81,180,000Source | 62,971,000Source | 68,060,000Source | 56,912,000Source |
| Gross ProfitUSD | 47,990,000Source | 6,187,000Source | 17,531,000Source | — |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | — | — | — | -52,509,000Source |
| Interest ExpenseUSD | — | — | 35,000Source | 2,000Source |
| Interest Income, OperatingUSD | — | — | 8,152,000Source | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -104,468,000Source | -135,750,000Source | -98,443,000Source | -78,299,000Source |
| Operating ExpensesUSD | 122,357,000Source | 136,183,000Source | — | — |
| Research and Development ExpenseUSD | 14,635,000Source | 25,999,000Source | 37,104,000Source | 50,058,000Source |
| Selling and Marketing ExpenseUSD | 13,698,000Source | 15,839,000Source | 18,210,000Source | 12,582,000Source |
Filing attachments
ex991_evpressreleasex2026q2.htm · 8-K · 2026-08-11
EX-99.1 2 ex991_evpressreleasex2026q2.htm EX-99.1 Document Exhibit 99.1 Energy Vault Reports Second Quarter 2026 Financial Results and Raises Full-Year 2026 Revenue and Gross Margin Guidance Contract Backlog expanded $650 million to $2 billion sequentially, up 47% q/q and 107% y/y driven by strong demand from the AI Compute Infrastructure segment Revenue of $17.4 million, up 104% y/y, above consensus GAAP gross margins of 31% to $5.4 million, up 114% y/y expanding 140 bps; Adjusted Gros…
Read attachment ↗ex991_dahiyacfo.htm · 8-K · 2026-07-17
EX-99.1 2 ex991_dahiyacfo.htm EX-99.1 Document Exhibit 99.1 Energy Vault Appoints Senior Capital Markets Veteran Nitin Dahiya from BlackRock as Chief Financial Officer as its Global Energy Infrastructure Growth Accelerates Mr. Dahiya brings over two decades experience in institutional investment, corporate finance and capital markets as Energy Vault deepens its financial leadership and global capital formation capabilities Joining from BlackRock’s Direct Private Opportunities (DPO) group…
Read attachment ↗ex991_evpressreleasex2026q1.htm · 8-K · 2026-05-05
EX-99.1 2 ex991_evpressreleasex2026q1.htm EX-99.1 Document Exhibit 99.1 Energy Vault Reports First Quarter 2026 Financial Results and Reaffirms 2026 Guidance Q1 2026 global MW under management surged from 440 MW to 1.1 GW, up over 500% year-over-year and 140% sequentially Year to Date 2026 backlog reached $1.35 billion, up 108% year-over-year, of which 80%+ is recurring, high margin IPP revenue Q1 2026 Revenue of $21.9 million, up 156% year-over-year Q1 2026 GAAP Gross Profit of $4.8 m…
Read attachment ↗ex991_evpressreleasex2025q4.htm · 8-K · 2026-03-17
EX-99.1 2 ex991_evpressreleasex2025q4.htm EX-99.1 Document Exhibit 99.1 Energy Vault Reports Q4 and Full Year 2025 Financial Results Q4 2025 contract revenue backlog soared to a record $1.3 billion, up 42% sequentially from Q3 2025 and up over 300% from the prior year 2025 Revenue of $203.7 million grew 340%+ compared to the prior year (within the original 2025 guidance range) 2025 GAAP gross profit reached $48.0 million up nearly 8x versus the prior year, resulting in 2025 gross margin…
Read attachment ↗