NRGV
Energy Vault Holdings, Inc.
NRGV lost money over the past year, so it has no meaningful PE right now. Analysts expect losses to shrink, though they disagree widely on how much.
NRGV Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Weak | |
| Unavailable |
NRGV's revenue is currently healthy, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
NRGV PE Valuation
NRGV has no meaningful PE right now: it lost money over the past year.
NRGV Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect NRGV's losses to shrink, with revenue growing. However, they disagree widely on these estimates.
NRGV Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$0.67 | +$0.28 |
| Q1 2026 | -$0.71 | +$0.20 |
| Q4 2025 | -$0.65 | +$0.26 |
| Q3 2025 | -$0.93 | -$0.27 |
| Q2 2025 | -$0.95 | -$0.34 |
| Q1 2025 | -$0.91 | -$0.30 |
| Q4 2024 | -$0.91 | -$0.22 |
| Q3 2024 | -$0.66 | +$0.06 |
NRGV is still losing money, but less than at its worst: $0.67 per share over the past year, against $0.95 at its worst in mid-2025.
NRGV Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $17.4M | +104% |
| Q1 2026 | $21.9M | +156% |
| Q4 2025 | $153.3M | +358% |
| Q3 2025 | $33.3M | +2679% |
| Q2 2025 | $8.5M | +126% |
| Q1 2025 | $8.5M | +10% |
| Q4 2024 | $33.5M | -72% |
| Q3 2024 | $1.2M | -99% |
NRGV's revenue is recovering but still below its 2023 peak: $17M last quarter, up 104% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -142% | +189 points |
| Q1 2026 | -111% | +134 points |
| Q4 2025 | -5% | +146 points |
| Q3 2025 | -53% | +2205 points |
| Q2 2025 | -331% | +409 points |
| Q1 2025 | -245% | +73 points |
| Q4 2024 | -151% | -130 points |
| Q3 2024 | -2258% | -2246 points |
NRGV's operating margin was −142% last quarter, up 189 points from the same quarter a year ago.
NRGV Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$39.7M | -672% |
| Q1 2026 | -$60.9M | -$51.3M |
| Q4 2025 | -$17M | +$28.4M |
| Q3 2025 | -$27.2M | +$9.3M |
| Q2 2025 | $6.9M | +$32.2M |
| Q1 2025 | -$9.5M | -$1.9M |
| Q4 2024 | -$45.4M | -325% |
| Q3 2024 | -$36.4M | -$3.9M |
NRGV has burned cash in almost every quarter: −$145M over the past year, against −$84M the year before.
NRGV Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +3.8% | +6.5M shares |
| 1 year | +14% | +21.5M shares |
| 3 years | +25% | +35.6M shares |
NRGV has 178M diluted shares, up 14% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2022 | — |
| Q3 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
NRGV Net Leverage
NRGV's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
NRGV Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 49.7 | Neutral |
| Stochastic | 35.0 | Neutral |
NRGV's weekly RSI is 50 (neutral) and its Stochastic is 35 (neutral).
NRGV PE vs Utilities Sector
NRGV has no meaningful PE right now: it lost money over the past year.
NRGV Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $3.37 | 7.1% above |
| 20 week MA | $3.52 | 2.6% above |
| 50 week MA | $3.99 | 9.5% below |
| 100 week MA | $2.87 | 26% above |
| 200 week MA | $2.44 | 48% above |
NRGV's trend is mixed: it's above four of its five weekly moving averages, and 48% above its 200-week average.
NRGV Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $9.75 | $9.94 | +1.9% |
| 2022 | $9.94 | $2.51 | -75% |
| 2023 | $2.51 | $2.33 | -7.2% |
| 2024 | $2.33 | $2.25 | -3.4% |
| 2025 | $2.25 | $4.87 | +116% |
| 2026 YTD | $4.87 | $3.61 | -26% |
NRGV's yearly returns have swung widely, from +116% in 2025 to −75% in 2022. It's down 26% so far in 2026.