Energy Vault Holdings, Inc. (NRGV)
NYSE · Miscellaneous Electrical Machinery, Equipment & Supplies · Manufacturing · CIK 1828536 · fiscal year ends in Dec
Closing price $3.28 on 29 Oct 2026; 52-week range $2.51 to $6.49.
Key figures
The last twelve months reported, with the latest price and balance sheet.
- Revenue, last twelve months
- $225.9M
- Revenue growth
- 336.8%
- Net income, last twelve months
- -$109.7M
- Earnings per share
- -$0.67
- Gross margin
- 22.5%
- Operating margin
- -32.8%
- Net margin
- -48.6%
- Free cash flow
- -$144.7M
- Return on equity
- -1600.2%
- Market value
- $590.2M
- Cash
- $93.0M
- Debt
- $264.2M
- Debt to equity
- 38.53
- Shares outstanding
- 179.9M
Financial statements
Revenue, profit and cash flow by fiscal year, each year linked to its annual report.
| Fiscal year | Year end | Revenue | Operating income | Net income | EPS | Free cash flow | Filing |
|---|---|---|---|---|---|---|---|
| FY2025 | 31 Dec 2025 | $203.7M | -$74.4M | -$103.6M | -$0.65 | -$46.7M | 10-K filed 18 Mar 2026 |
| FY2024 | 31 Dec 2024 | $46.2M | -$130.0M | -$135.8M | -$0.91 | -$114.7M | 10-K filed 18 Mar 2026 |
| FY2023 | 31 Dec 2023 | $341.5M | -$106.7M | -$98.4M | -$0.69 | -$123.1M | 10-K filed 13 Mar 2024 |
| FY2022 | 31 Dec 2022 | $145.9M | -$63.1M | -$78.3M | -$0.64 | -$25.7M | 10-K filed 13 Apr 2023 |
| FY2021 | 31 Dec 2021 | $0 | -$29.5M | -$31.3M | -$2.45 | -$22.2M | 10-K filed 13 Apr 2023 |
By quarter
| Quarter | Quarter end | Revenue | Net income | EPS |
|---|---|---|---|---|
| Q2 FY2026 | 30 Jun 2026 | $17.4M | -$29.7M | -$0.18 |
| Q1 FY2026 | 31 Mar 2026 | $21.9M | -$32.5M | -$0.20 |
| Q4 FY2025 | 31 Dec 2025 | $153.3M | -$20.7M | -$0.13 |
| Q3 FY2025 | 30 Sep 2025 | $33.3M | -$26.8M | -$0.16 |
| Q2 FY2025 | 30 Jun 2025 | $8.5M | -$34.9M | -$0.22 |
| Q1 FY2025 | 31 Mar 2025 | $8.5M | -$21.1M | -$0.14 |
| Q4 FY2024 | 31 Dec 2024 | $33.5M | -$61.8M | -$0.43 |
| Q3 FY2024 | 30 Sep 2024 | $1.2M | -$26.6M | -$0.18 |
Revenue by segment
As the company reports it in the segment note of its annual report.
By region, FY2025
| Segment | Revenue | Share |
|---|---|---|
| Australia | $124.3M | 61.0% |
| United States | $74.2M | 36.4% |
| Other | $5.2M | 2.5% |
Company events
The newest 8-K filings of 86 held.
| Filed | Form | Event | Items |
|---|---|---|---|
| 22 Sep 2026 | 8-K | New debt | 2.03, 9.01 |
| 20 Aug 2026 | 8-K | Material agreement, New debt | 1.01, 2.03, 9.01 |
| 11 Aug 2026 | 8-K | Results | 2.02, 9.01 |
| 17 Jul 2026 | 8-K | Leadership change, Investor update | 5.02, 7.01, 9.01 |
| 1 Jul 2026 | 8-K | Material agreement, New debt, Share sale, Investor update | 1.01, 2.03, 3.02, 7.01, 9.01 |
| 1 Jun 2026 | 8-K | Shareholder vote | 5.07, 9.01 |
| 7 May 2026 | 8-K | Investor update | 7.01, 9.01 |
| 5 May 2026 | 8-K | Results | 2.02, 9.01 |
| 17 Mar 2026 | 8-K | Results | 2.02, 9.01 |
| 27 Feb 2026 | 8-K | Material agreement, New debt, Share sale, Other events | 1.01, 2.03, 3.02, 8.01, 9.01 |
| 18 Feb 2026 | 8-K | Material agreement, New debt, Share sale | 1.01, 2.03, 3.02, 9.01 |
| 12 Feb 2026 | 8-K | Other events | 8.01, 9.01 |
Every filing
The newest filings with the SEC of 270 held.
| Filed | Form | Period |
|---|---|---|
| 22 Sep 2026 | 8-K | 18 Sep 2026 |
| 20 Aug 2026 | 8-K | 14 Aug 2026 |
| 11 Aug 2026 | 10-Q | 30 Jun 2026 |
| 11 Aug 2026 | 8-K | 11 Aug 2026 |
| 6 Aug 2026 | EFFECT | – |
| 17 Jul 2026 | S-3 | – |
| 17 Jul 2026 | 8-K | 13 Jul 2026 |
| 1 Jul 2026 | 8-K | 26 Jun 2026 |
| 1 Jun 2026 | 8-K | 29 May 2026 |
| 19 May 2026 | 10-Q | 31 Mar 2026 |
| 18 May 2026 | NT 10-Q | 31 Mar 2026 |
| 7 May 2026 | 8-K | 7 May 2026 |
Insider trades
Form 4 trades by officers, directors and 10% owners, last 12 months.
| Traded | Insider | Type | Shares | Price | Value | Held after | Form 4 |
|---|---|---|---|---|---|---|---|
| 26 Aug 2026 | Unwin Stephanie, Director | Sale outside a trading plan | 115,000 | $3.71 | $427.0K | 182,245 | 28 Aug 2026 |
| 17 Aug 2026 | Hixon Dylan, Director | Purchase | 27,472 | $3.88 | $106.5K | 27,472 | 18 Aug 2026 |
| 14 Aug 2026 | Hixon Dylan, Director | Purchase | 26,845 | $3.73 | $100.2K | 26,845 | 17 Aug 2026 |
| 14 Aug 2026 | Hixon Dylan, Director | Purchase | 26,809 | $3.73 | $100.1K | 26,809 | 17 Aug 2026 |
| 14 Aug 2026 | Hixon Dylan, Director | Purchase | 31,864 | $3.75 | $119.5K | 31,864 | 17 Aug 2026 |
| 6 Jul 2026 | Beer Michael Thomas, Chief Financial Officer | Sale outside a trading plan | 65,000 | $4.08 | $265.2K | 1,021,806 | 8 Jul 2026 |
| 6 Apr 2026 | Beer Michael Thomas, Chief Financial Officer | Sale outside a trading plan | 65,000 | $3.18 | $206.7K | 1,060,945 | 8 Apr 2026 |
| 31 Mar 2026 | Piconi Robert, Chief Executive Officer | Purchase | 12,500 | $3.21 | $40.1K | 16,921,594 | 1 Apr 2026 |
| 25 Mar 2026 | Mandanas Mary Beth, Director | Purchase | 5,000 | $3.65 | $18.3K | 350,838 | 26 Mar 2026 |
| 4 Mar 2026 | Ertel Thomas R, Director | Purchase | 5,450 | $3.37 | $18.4K | 365,788 | 5 Mar 2026 |
| 2 Mar 2026 | Ladwa Akshay, Chief Operations Officer | Purchase | 4,000 | $3.08 | $12.3K | 1,824,384 | 4 Mar 2026 |
| 27 Feb 2026 | Paulson Larry, Director | Purchase | 5,000 | $3.15 | $15.7K | 501,768 | 2 Mar 2026 |
Planned insider sales
Form 144 notices, filed when the sell order goes to the broker.
| Filed | Seller | Shares | Value | Planned sale |
|---|---|---|---|---|
| 4 Sep 2026 | Beer Michael Thomas, Former Officer | 50,000 | $189.5K | 4 Sep 2026 |
| 26 Aug 2026 | Unwin Stephanie, Director | 115,000 | $427.0K | 26 Aug 2026 |
| 6 Jul 2026 | Beer Michael Thomas, Officer | 65,000 | $265.2K | 6 Jul 2026 |
| 6 Apr 2026 | Beer Michael Thomas, Officer | 65,000 | $206.7K | 6 Apr 2026 |
| 15 Jan 2026 | SoftBank Vision Fund (AIV M2) L.P., 10% Stockholder | 3,000,000 | $18.1M | 15 Jan 2026 |
| 23 Dec 2025 | Beer Michael Thomas, Officer | 50,000 | $230.0K | 23 Dec 2025 |
Large holders
Schedule 13D and 13G filings by holders of more than 5% of the voting shares.
| Filed | Holder | Schedule | Stake | Shares |
|---|---|---|---|---|
| 14 Aug 2026 | Scoggin International Fund Ltd. | 13G | 6.35% | 11.6M |
| 28 Jul 2026 | BlackRock, Inc. | 13G | 6% | 10.7M |
| 15 May 2026 | SB Investment Advisers (UK) Limited | 13G amended | 8.9% | 15.5M |
| 2 Apr 2026 | Robert Piconi | 13D amended | 13.4% | 23.4M |
Short interest
Shares sold short and not yet bought back, on each FINRA settlement date.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 15 Oct 2026 | 32.2M | -4.56% | 9.11 |
| 30 Sep 2026 | 33.7M | +11.06% | 7.36 |
| 15 Sep 2026 | 30.4M | -0.27% | 7.87 |
| 31 Aug 2026 | 30.5M | -0.64% | 9.32 |
| 14 Aug 2026 | 30.7M | -2.93% | 4.21 |
| 31 Jul 2026 | 31.6M | +3.04% | 7.64 |
| 15 Jul 2026 | 30.7M | +3.02% | 6.53 |
| 30 Jun 2026 | 29.8M | +32.17% | 3.78 |
Funds that hold it
From each fund's latest Form 13F.
208 funds held it at 30 Jun 2026: 116 added and 30 trimmed in the quarter. The largest:
| Fund | Shares | Value | Change in the quarter |
|---|---|---|---|
| SB Investment Advisers (uk) Ltd | 15,535,631 | $73.2M | 0 |
| BlackRock, Inc. | 11,179,762 | $52.7M | +9,019,845 |
| Scoggin Management LP | 6,175,000 | $29.1M | +675,000 |
| Vanguard Capital Management LLC | 6,028,597 | $28.4M | +867,326 |
| Legal & General Group Plc | 5,415,800 | $25.5M | +1,309,024 |
| State Street Corp. | 5,263,990 | $24.8M | -544,718 |
| SailingStone Capital Partners LLC | 4,469,075 | $21.0M | +24,058 |
| Geode Capital Management, LLC | 3,229,206 | $15.2M | +1,965,704 |
| Mirae Asset Global ETFS Holdings Ltd. | 3,352,554 | $15.1M | +519,551 |
| Marshall Wace, LLP | 2,821,669 | $13.3M | -2,670,080 |
Peers
Companies in the same industry.
- EnerSys (ENS): revenue $3.8B, market value $6.2B
- Novanta Inc. (NOVT): revenue $1.0B, market value $5.7B
- Spectrum Brands Holdings, Inc. (SPB): revenue $2.9B, market value $1.9B
- Energizer Holdings, Inc. (ENR): revenue $3.0B, market value $1.6B
- Amprius Technologies, Inc. (AMPX): revenue $109.2M, market value $1.3B
- Enovix Corp. (ENVX): revenue $35.9M, market value $769.4M
- Eos Energy Enterprises, Inc. (EOSE): revenue $214.2M, market value $677.8M
- Solid Power, Inc. (SLDP): revenue $11.0M, market value $462.4M