Companies: 10,795·Total market cap: $144.5T
Energy Vault Holdings, Inc.

Energy Vault Holdings, Inc.

NRGVNYSEUtilities● Active
$5.17
$-0.30(-5.40%)
Market Cap$921531820
P/E Ratio—
52W High$6.645
52W Low$0.654
Net IncomeFinancialsRevenue

Energy Vault Holdings, Inc. (NRGV) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

NRGV · net income · updated Jun 10, 2026

Core profitability metrics

Net income was −$103.6M for FY2025 (fiscal year ending 2025-12-31), up 23.7% year-over-year. Net profit margin was -50.9%.

FY2025 Net Income−$103.6M▲ +23.7% YoY
Trailing 12M (TTM)—trailing 4 quarters sum
Net Profit Margin-50.9%−$103.6M ÷ $203.7M
YoY Change+23.7%—
5-Year CAGRN/AN/A — contains loss years
FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /income-statement · US GAAP · USDUpdated: Jun 10, 2026

Annual net income history

Net IncomeNet LossNet Margin %

▸ FMP /income-statement · Annual · NRGV net income history · NRGV profit margin

Annual net income data

Fiscal YearNet IncomeYoY ChangeNet Margin
FY2025Loss−$103.6M▲ +23.7%-50.9%
FY2024Loss−$135.8M▼ 37.9%-293.8%
FY2023Loss−$98.4M▼ 25.7%-28.8%
FY2022Loss−$78.3M▼ 149.9%-53.7%
FY2021Loss−$31.3M▼ 29.7%—

Net income vs peers (Utilities)

#CompanyNet IncomeYoY
#1
NextEra Energy, Inc.
NextEra Energy, Inc.
NEE
$6.83B-1.6%#2
Duke Energy Corporation
Duke Energy Corporation
DUK
$4.97B+10.2%#3
GE Vernova Inc.
GE Vernova Inc.
GEV
$4.88B+214.7%#4
The Southern Company
The Southern Company
SO
$4.34B-1.4%#5
Constellation Energy Corporation
Constellation Energy Corporation
CEG
$2.32B-38.1%
Utilities · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

Energy Vault Holdings, Inc. (NRGV) reported net income of −$103.6M for FY2025 (fiscal year ending 2025-12-31), up 23.7% year-over-year. The net profit margin was -50.9% — meaning the company kept $-0.51 of every dollar of revenue as profit.

Energy Vault Holdings, Inc. has not yet achieved annual profitability based on available data (7 fiscal years). The company has reported net losses across all available periods.

Energy Vault Holdings, Inc.'s net profit margin was -50.9% for FY2025, based on the latest annual results.

Investors sometimes search for "Energy Vault Holdings, Inc. net worth" — the company's market capitalization is a separate figure from NRGV net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.
RevenueFinancial statementsEarningsForecastPrice historyMarket capFree cash flow

Frequently asked questions

NRGV net income · 4 questions

Energy Vault Holdings, Inc. is not currently profitable on an annual basis. The company reported a net loss of $103.6M for FY2025.

is NRGV profitabledoes NRGV make a profitNRGV profitabilityNRGV profitable company

▸ Source: FMP /income-statement · GAAP · Energy Vault Holdings, Inc. · Energy Vault Holdings, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 10, 2026