Energy Vault Holdings, Inc.: stock overview

NRGVNYSEIndustrials · Miscellaneous Electrical Machinery, Equipment & Supplies

Price

$3.85

November 13, 2026Market cap $700M

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  • The full history: 5 fiscal years, from 2021
  • The estimated fair value, with its range and its certainty
  • The full analysis, 18 a month
  • More questions to the chat on its filings
  • Excel with every year
  • An email when it reports, changes its dividend or an officer buys

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In short

Energy Vault had revenue of $226M over the last 12 months and a net loss of $110M. It has net debt of $150M. It pays no dividend.

From its SEC filings (latest fiscal year to December 31, 2025) and the price of November 13, 2026.

Its SEC filings
Market cap
$700M
182M shares
P/E
–
Revenue, 12 months
$226M
Net margin
-48.6%
2025: -50.9%, above 10% of its industry

Worth knowing

What a holder would want to hear from the company's SEC filings of the last three years. Each with its filing, without comment.

3 fiscal years in figures

Each fiscal year's figures as the company filed them, and the share price at its end.

2023–2025 fiscal years

-22.8% a year over 2 years

Fiscal years in figures

NRGV's revenue, profit, cash flow and dividend with each year-end price, from 2021 to 2022, 2 more fiscal years

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Key figures

The company's current figures in five groups. Each term is explained behind its ⓘ.

Valuation

Market cap 3-year median: $352M
$700M
Enterprise value 
$850M
P/E 
–
EV / EBIT 
–
EV / Revenue 
3.8
P/B 3-year median: 2.8
102.1
FCF yield 3-year median: -32.6%
–
Earnings yield 3-year median: -29.6%
–

Profitability

Gross margin 
22.5%
Operating margin 
-32.8%
Net margin 3-year median: -50.9%
-48.6%
ROIC 
-33.4%
ROIC, 5-year average 
-43.2%
ROE 
-199.0%

Growth

Revenue, yearly change 
+340.9%
EPS, yearly change 
–
FCF, yearly change 
–

The yearly change compares FY2025 with FY2024.

Balance sheet

Cash 
$93M
Total debt 
$245M
Of which operating leases 
$1.9M
Net debt 
$150M
Net debt / EBITDA 
–
Interest cover 
-5.5x
Current ratio 
1.19

Balance sheet of June 30, 2026.

Returns to shareholders

Dividend yield 
0.00%
Buybacks 
–
Total returned 
0.00%
Shares, yearly change 
+12.1%
Valuation against its own pastEach fiscal year's P/E, P/FCF and P/B beside today's, and the DCF calculator for the company.Valuation

Against its industry

Where its margins and returns stood in fiscal 2025 among the SEC filers of its industry (SIC code 36).

Gross margin

23.6%

Above 28% of the 179 companies in its industry, and 27% of all.

Operating margin

-36.5%

Above 13% of the 189 companies in its industry, and 9% of all.

Net margin

-50.9%

Above 10% of the 193 companies in its industry, and 7% of all.

ROE

-153.6%

Above 4% of the 176 companies in its industry, and 2% of all.

ROA

-33.1%

Above 8% of the 194 companies in its industry, and 5% of all.

Revenue growth

340.9%

Above 100% of the 183 companies in its industry, and 100% of all.

From the yearly figures every company files with the SEC, for those with revenue of at least $25 million. The industry is the first two digits of the SIC code.

The company at the SEC

How it is registered and when its fiscal year ends.

Name at the SEC
Energy Vault Holdings, Inc.
Exchange
NYSE
Industry (SIC)
3690 · Miscellaneous Electrical Machinery, Equipment & Supplies
Fiscal year ends
December 31
Latest annual report
December 31, 2025
Reporting currency
USD
Shares
182M

Other companies: Industrials

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The full analysis

What do Energy Vault's filings show?

These are Energy Vault's figures. The full Ploutos AI analysis reads everything the company has filed and shows what stands behind it, with a source for every figure.

  • A fair value range built from the filings
  • Earnings quality, debt and red flags
  • Insider and institutional moves
  • The case for and the case against

Questions about NRGV

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What is NRGV's market cap?

Energy Vault Holdings, Inc.'s market cap is $700M, at a price of $3.85 on November 13, 2026 and 182M shares.

How much revenue does NRGV have?

Energy Vault had revenue of $226M over the last 12 months.

Does NRGV pay a dividend?

No. Energy Vault paid no regular dividend over the last 12 months.

Where do the figures come from?

From Energy Vault Holdings, Inc.'s SEC filings (10-K and 10-Q) and the share price. They hold no analyst estimates and no score, and they are not a recommendation.

Related pages

The other pages on US stocks, free to read. On the company pages, the last three fiscal years are open to everyone, five with a free account, and every year with Ploutos Investor.

The figures come from the company's SEC filings and the share price, and describe what it has reported. They are not a score or a fair value.