Energy Vault Holdings, Inc. financial data

Symbol
NRGV on NYSE
Industry
Miscellaneous Electrical Machinery, Equipment & Supplies
Location
4165 East Thousand Oaks Blvd., Suite 100, Westlake Villiage, CA
State of incorporation
DE
Fiscal year end
December 31
Former names
Novus Capital Corp II (to 2/14/2022)
Latest financial report
10-K - Q4 2024 - Apr 1, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 227 % -21.6%
Quick Ratio 0.29 % -88.2%
Debt-to-equity 41.3 % +47.6%
Return On Equity -76.1 % -88.4%
Return On Assets -55.5 % -97.2%
Operating Margin -281 % -800%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 154M shares +4.87%
Common Stock, Shares, Outstanding 153M shares +4.52%
Entity Public Float 98.1M USD -61.2%
Common Stock, Value, Issued 15K USD 0%
Weighted Average Number of Shares Outstanding, Basic 150M shares +4.9%
Weighted Average Number of Shares Outstanding, Diluted 150M shares +4.9%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 46.2M USD -86.5%
Cost of Revenue 40M USD -87.7%
Research and Development Expense 26M USD -29.9%
Selling and Marketing Expense 15.8M USD -13%
General and Administrative Expense 63M USD -7.27%
Operating Income (Loss) -130M USD -21.8%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -136M USD -37.4%
Income Tax Expense (Benefit) 67K USD +39.6%
Net Income (Loss) Attributable to Parent -136M USD -37.9%
Earnings Per Share, Basic -0.91 USD/shares -31.9%
Earnings Per Share, Diluted -0.91 USD/shares -31.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 27.1M USD -75.4%
Accounts Receivable, after Allowance for Credit Loss, Current 14.6M USD -46.4%
Inventory, Net 107K USD -74.2%
Other Assets, Current 55K USD +83.3%
Assets, Current 68.9M USD -75.4%
Operating Lease, Right-of-Use Asset 1.21M USD -29.1%
Intangible Assets, Net (Excluding Goodwill) 4.54M USD +154%
Other Assets, Noncurrent 1.16M USD -56.4%
Assets 184M USD -46%
Accounts Payable, Current 20.3M USD -4.32%
Employee-related Liabilities, Current 4.02M USD -32.8%
Accrued Liabilities, Current 25M USD -70.6%
Contract with Customer, Liability, Current 8.94M USD +81.6%
Liabilities, Current 54.7M USD -51.1%
Contract with Customer, Liability, Noncurrent 0 USD -100%
Operating Lease, Liability, Noncurrent 785K USD -24.8%
Other Liabilities, Noncurrent 934K USD -55.8%
Liabilities 57.6M USD -50.7%
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.9M USD -33.4%
Retained Earnings (Accumulated Deficit) -384M USD -54.7%
Stockholders' Equity Attributable to Parent 212M USD -19.7%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 126M USD -43.6%
Liabilities and Equity 184M USD -46%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 947K USD
Net Cash Provided by (Used in) Financing Activities -678K USD +12.5%
Net Cash Provided by (Used in) Investing Activities -8.77M USD +50.3%
Common Stock, Shares Authorized 500M shares 0%
Common Stock, Shares, Issued 153M shares +4.52%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -8.77M USD +90.2%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 30.1M USD -79.3%
Interest Paid, Excluding Capitalized Interest, Operating Activities 8K USD +700%
Deferred Tax Assets, Valuation Allowance 48.1M USD +20.8%
Deferred Tax Assets, Gross 49.7M USD +21.6%
Operating Lease, Liability 1.25M USD -28.4%
Depreciation 700K USD -22.2%
Payments to Acquire Property, Plant, and Equipment 8.6M USD -26.1%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -136M USD -37.6%
Lessee, Operating Lease, Liability, to be Paid 1.67M USD -27%
Operating Lease, Liability, Current 461K USD -33.9%
Lessee, Operating Lease, Liability, to be Paid, Year Two 248K USD -25.1%
Lessee, Operating Lease, Liability, to be Paid, Year One 556K USD -34%
Operating Lease, Weighted Average Discount Rate, Percent 0.1 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 421K USD -22.2%
Lessee, Operating Lease, Liability, to be Paid, Year Three 171K USD -29.9%
Deferred Tax Assets, Operating Loss Carryforwards 30.4M USD +9.41%
Unrecognized Tax Benefits 15.7M USD +1020%
Lessee, Operating Lease, Liability, to be Paid, Year Four 110K USD -36%
Additional Paid in Capital 512M USD +8.19%
Amortization of Intangible Assets 100K USD
Depreciation, Depletion and Amortization 1.06M USD +18.5%
Deferred Tax Assets, Net of Valuation Allowance 1.55M USD +55.6%
Share-based Payment Arrangement, Expense 38.7M USD -10.2%
Interest Expense 42K USD +2000%