📊 NRGV Key Takeaways
Is Energy Vault Holdings, Inc. (NRGV) a Good Investment?
Energy Vault is in severe financial distress with unsustainable fundamentals: -$60.9M free cash flow burn against only ~$55.2M cash reserves (less than one year of runway), combined with extreme leverage of 4.94x debt/equity and zero revenue growth. Despite a thin positive trend in losses, the company's -148.5% net margin and $150.5M long-term debt load against just $30.5M equity creates an existential solvency risk.
Despite a $204M revenue base and a 23.6% gross margin, Energy Vault remains far from profitability with deeply negative operating (-36.5%) and net (-50.9%) margins. Liquidity is strained (current ratio 0.73x) and free cash flow is materially negative (-$46.7M) versus a modest cash balance, implying near‑term financing risk. Flat revenue growth further limits operating leverage and reduces visibility to breakeven.
Why Buy Energy Vault Holdings, Inc. Stock? NRGV Key Strengths
- Positive gross margin of 21.9% indicates underlying product has commercial value
- Losses improving 28.6% YoY (EPS) suggesting operational progress toward sustainability
- Cash position of $55.2M provides near-term liquidity for operations
- Established revenue base (~$204M)
- Positive gross margin (23.6%) indicating unit-level value
- Moderate leverage (Debt/Equity 0.56x) and modest OCF burn
NRGV Stock Risks: Energy Vault Holdings, Inc. Investment Risks
- Catastrophic cash burn of -$60.9M annually with <1 year of cash runway remaining
- Extreme financial leverage at 4.94x debt/equity with $150.5M long-term debt versus $30.5M equity - critical refinancing risk
- Zero revenue growth combined with -$53.8M operating cash flow indicates core business is fundamentally cash destructive with no clear path to profitability
- Stockholders equity eroded to only $30.5M against $244.3M total liabilities - severe balance sheet insolvency risk
- Negative interest coverage ratio of -3025.1x reflects inability to service debt from operating income
- Tight liquidity (current and quick ratio 0.73x)
- Persistent losses and very weak returns (ROE -153.6%)
- Negative free cash flow with heavy capex needs
Key Metrics to Watch
- Quarterly operating cash flow trend and pathway to positive OCF
- Cash balance trajectory and months of remaining runway at current burn rate
- Revenue growth inflection - absolute necessity to demonstrate >10% YoY growth
- Operating margin improvement - when company achieves positive operating income
- Debt refinancing success and terms - critical to assess survival probability
- Gross margin
- Current ratio
Energy Vault Holdings, Inc. (NRGV) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Energy Vault Holdings, Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.
NRGV Profit Margin, ROE & Profitability Analysis
NRGV vs Utilities Sector: How Energy Vault Holdings, Inc. Compares
How Energy Vault Holdings, Inc. compares to Utilities sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Energy Vault Holdings, Inc. Stock Overvalued? NRGV Valuation Analysis 2026
Based on fundamental analysis, Energy Vault Holdings, Inc. shows some fundamental concerns relative to the Utilities 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.
Energy Vault Holdings, Inc. Balance Sheet: NRGV Debt, Cash & Liquidity
NRGV Revenue & Earnings Growth: 5-Year Financial Trend
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 Revenue Growth, EPS Growth & YoY Performance
NRGV Quarterly Earnings & 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.
Energy Vault Holdings, Inc. Dividends, Buybacks & Capital Allocation
NRGV SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Energy Vault Holdings, Inc. (CIK: 0001828536)
📋 Recent SEC Filings
❓ Frequently Asked Questions about NRGV
What is the AI rating for NRGV?
Energy Vault Holdings, Inc. (NRGV) has a Combined AI Rating of STRONG SELL from Claude (STRONG SELL) and ChatGPT (STRONG SELL) with 86% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are NRGV's key strengths?
Claude: Positive gross margin of 21.9% indicates underlying product has commercial value. Losses improving 28.6% YoY (EPS) suggesting operational progress toward sustainability. ChatGPT: Established revenue base (~$204M). Positive gross margin (23.6%) indicating unit-level value.
What are the risks of investing in NRGV?
Claude: Catastrophic cash burn of -$60.9M annually with <1 year of cash runway remaining. Extreme financial leverage at 4.94x debt/equity with $150.5M long-term debt versus $30.5M equity - critical refinancing risk. ChatGPT: Tight liquidity (current and quick ratio 0.73x). Persistent losses and very weak returns (ROE -153.6%).
What is NRGV's revenue and growth?
Energy Vault Holdings, Inc. reported revenue of $21.9M.
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 $-0.20.
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 May 2026, Energy Vault Holdings, Inc. has a STRONG SELL rating with 86% 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 -106.7% (sector avg: 10%), net margin of -148.5% (sector avg: 12%). 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 $-53.8M, with capital expenditures of $7.1M. FCF margin is -278.1%.
How does NRGV compare to other Utilities stocks?
Vs Utilities sector averages: Net margin -148.5% (avg: 12%), ROE -106.7% (avg: 10%), current ratio 1.44 (avg: 0.8).
Is Energy Vault Holdings, Inc. carrying too much debt?
NRGV has a debt-to-equity ratio of 4.94x, which is above the Utilities sector average of 1.4x. However, the current ratio of 1.44 suggests adequate short-term liquidity.