Energy Vault Holdings (NYSE: NRGV) reported Q3 EPS of ($0.10), $0.06 worse than the analyst estimate of ($0.04). Revenue for the quarter came in at $33.3 million versus the consensus estimate of $48.99 million.

GUIDANCE:

Energy Vault Holdings sees FY2025 revenue of $200-250 million, versus the consensus of $187.8 million.

Estimating full year 2025 gross margin of 14-16%, in line with our historical average

Cost side initiatives in place, now scaling up development activity and support services for Asset Vault

Targeting $75-100 million in total cash at the end of 2025 including recent Asset Vault capitalization, approximately $40 million in net ITC proceeds, customer receivables and other growth initiatives

For earnings history and earnings-related data on Energy Vault Holdings (NRGV) click here.