📊 NRGV Key Takeaways
Is NRGV a Good Investment? Thesis Analysis
Energy Vault is a pre-profitability company with severe operational losses, negative free cash flow, and deteriorating financial health despite flat revenue. The company is burning through cash while heavily investing in capital expenditures, with an extremely weak liquidity position and near-term sustainability concerns.
Why Buy NRGV? Key Strengths
- Positive gross margin of 23.6% indicates viable unit economics at the product level
- Maintaining $58.3M in cash reserves provides near-term runway for operations
- Recent improvement in net loss per share (-0.65 vs prior year) shows some progress toward profitability
NRGV Investment Risks to Consider
- Operating losses of -$74.4M on $203.7M revenue demonstrate inability to control operating expenses despite scale
- Negative free cash flow of -$46.7M with $41.1M capex indicates the company is not yet cash flow positive and burning capital
- Critical liquidity crisis with current ratio of 0.73x means liabilities exceed current assets; company cannot cover short-term obligations
- Net loss of -$103.6M and -50.9% net margin show fundamental unprofitability at the bottom line
- Negative interest coverage of -9295.9x indicates company cannot service debt from operating earnings
- Flat year-over-year revenue growth with significant losses suggests no clear path to profitability
Key Metrics to Watch
- Operating cash flow trajectory and path to positive FCF generation
- Quarterly revenue growth acceleration and gross margin sustainability
- Cash burn rate relative to remaining liquidity runway
- Operating expense ratio and evidence of operational leverage
- Debt refinancing risk and covenant compliance given negative earnings
NRGV Financial Metrics
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
NRGV Profitability Ratios
NRGV vs Industrial Sector
How Energy Vault Holdings, Inc. compares to Industrial sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is NRGV Overvalued or Undervalued?
Based on fundamental analysis, Energy Vault Holdings, Inc. shows some fundamental concerns relative to the Industrial sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
NRGV Balance Sheet & Liquidity
NRGV 5-Year Financial Trend & Growth Analysis
5-Year Trend Summary: Energy Vault Holdings, Inc.'s revenue has grown significantly by 40% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.91 indicates the company is currently unprofitable.
NRGV Growth Metrics (YoY)
NRGV Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2025 | $7.8M | -$21.1M | $-0.14 |
| Q3 2024 | $1.2M | -$18.9M | $-0.13 |
| Q2 2024 | $3.8M | -$26.2M | $-0.18 |
| Q1 2024 | $7.8M | -$21.1M | $-0.14 |
| Q3 2023 | $1.7M | -$18.9M | $-0.13 |
| Q2 2023 | $977.0K | -$6.2M | $-0.05 |
| Q1 2023 | $11.4M | -$20.1M | N/A |
| Q3 2022 | N/A | -$6.2M | $-0.46 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
NRGV Capital Allocation
NRGV SEC 10-K & 10-Q Filing Analysis
Access official SEC EDGAR filings for Energy Vault Holdings, Inc. (CIK: 0001828536)
📋 Recent SEC Filings
| Date | Form | Document | Action |
|---|---|---|---|
| Apr 2, 2026 | 4 | xslF345X06/wk-form4_1775160926.xml | View → |
| Apr 2, 2026 | 4 | xslF345X06/wk-form4_1775160910.xml | View → |
| Apr 2, 2026 | 4 | xslF345X06/wk-form4_1775160901.xml | View → |
| Apr 1, 2026 | 4 | xslF345X06/wk-form4_1775057382.xml | View → |
| Mar 26, 2026 | 4 | xslF345X06/wk-form4_1774544850.xml | View → |
❓ Frequently Asked Questions about NRGV
What is the AI rating for NRGV?
Energy Vault Holdings, Inc. (NRGV) has an AI rating of STRONG SELL with 92% confidence, based on fundamental analysis of SEC EDGAR filings.
What are NRGV's key strengths?
Claude: Positive gross margin of 23.6% indicates viable unit economics at the product level. Maintaining $58.3M in cash reserves provides near-term runway for operations.
What are the risks of investing in NRGV?
Claude: Operating losses of -$74.4M on $203.7M revenue demonstrate inability to control operating expenses despite scale. Negative free cash flow of -$46.7M with $41.1M capex indicates the company is not yet cash flow positive and burning capital.
What is NRGV's revenue and growth?
Energy Vault Holdings, Inc. reported revenue of $203.7M.
Does NRGV pay dividends?
Energy Vault Holdings, Inc. does not currently pay dividends.
Where can I find NRGV SEC filings?
Official SEC filings for Energy Vault Holdings, Inc. (CIK: 0001828536) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is NRGV's EPS?
Energy Vault Holdings, Inc. has a diluted EPS of $-0.65.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is NRGV a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Energy Vault Holdings, Inc. has a STRONG SELL rating with 92% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is NRGV stock overvalued or undervalued?
Valuation metrics for NRGV: ROE of -153.6% (sector avg: 15%), net margin of -50.9% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.
Should I buy NRGV stock in 2026?
Our dual AI analysis gives Energy Vault Holdings, Inc. a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is NRGV's free cash flow?
Energy Vault Holdings, Inc.'s operating cash flow is $-5.6M, with capital expenditures of $41.1M. FCF margin is -22.9%.
How does NRGV compare to other Industrial stocks?
Vs Industrial sector averages: Net margin -50.9% (avg: 10%), ROE -153.6% (avg: 15%), current ratio 0.73 (avg: 1.8).