Energy Vault Holdings, Inc. revenue by segment NRGV

Energy Vault Holdings, Inc. splits its revenue into 8 lines in its filings. The largest line in fiscal 2025, which ended Dec 31, 2025 was Sale Of Energy Storage Products at $196.2 million, 96% of the total.

USD in millions. The percent under a figure is the change from the year before.

Line
FY 2026
Jun 30, 2026
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
Revenue
226
204
46
342
146
—
Build And Transfer Energy Storage Products
—
—
—
340
+296.9%
share 99.5%
86
share 58.7%
—
Sale Of Energy Storage Products
218
+368.7%
share 96.5%
196
+340.0%
share 96.3%
45
share 96.5%
—
—
—
Intellectual Property Licensing
0
-97.8%
share 0.0%
3
+2780.0%
share 1.6%
0
share 0.2%
—
58
share 40.1%
—
Operation And Maintenance Services
2
+47.5%
share 0.7%
1
share 0.6%
—
—
—
—
Other
—
—
—
1
-47.8%
share 0.3%
2
share 1.2%
—
Software Licensing
1
+51.1%
share 0.3%
1
share 0.3%
—
—
—
—
Sale Of Spare Parts
—
—
0
share 0.9%
—
—
—
Energy Commodities And Service
—
—
—
0
share 0.0%
—
—
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.

Company profile

Industry
Miscellaneous Electrical Machinery, Equipment & Supplies (SIC 3690)
Listed as
NRGV (NYSE)
Fiscal year ends
December 31
Incorporated in
DE
Headquarters
Westlake Villiage, CA
SEC filer status
, Emerging growth company
SEC CIK
1828536
Former names
Energy Vault Holdings, Inc. (until Oct 2, 2026); Novus Capital Corp II (until Feb 14, 2022)

Other Miscellaneous Electrical Machinery, Equipment & Supplies companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.