Energy Vault Holdings financials
$3.970.00%
Close Sep 30, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 |
|---|---|---|---|---|
| Revenue | $203.7M | $46.2M | $341.5M | $145.9M |
| Gross profit | $48.0M | $6.2M | $17.5M | $59.3M |
| Gross margin | 23.6% | 13.4% | 5.1% | 40.6% |
| Operating income | -$74.4M | -$130.0M | -$106.7M | -$63.1M |
| Net income | -$103.6M | -$135.8M | -$98.4M | -$78.3M |
| Net margin | −50.9% | −293.8% | −28.8% | −53.7% |
| Diluted EPS | $-0.65 | $-0.91 | $-0.69 | $-0.64 |
| EBITDA | -$68.6M | -$128.6M | -$105.8M | -$52.5M |
| Operating cash flow | -$5.6M | -$55.9M | -$92.7M | -$23.3M |
| Free cash flow | -$46.7M | -$114.7M | -$129.2M | -$25.7M |
| Diluted shares | 160.5M | 149.8M | 142.9M | 123.2M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|
| Cash & equivalents | $58.3M | $27.1M | $109.9M | $203.0M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $94.6M | $0.00 | $0.00 | $0.00 |
| Total assets | $312.9M | $183.9M | $340.8M | $416.7M |
| Total liabilities | $224.3M | $57.6M | $117.0M | $129.0M |
| Shareholders' equity | $67.5M | $126.3M | $223.8M | $287.7M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology