Energy Vault Holdings (NRGV) Misses Q1 EPS by 5c, provides guidance
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Energy Vault Holdings (NYSE: NRGV) reported Q1 EPS of ($0.12), $0.05 worse than the analyst estimate of ($0.07). Revenue for the quarter came in at $21.9 million versus the consensus estimate of $36.3 million.
GUIDANCE:
Energy Vault Holdings sees FY2026 revenue of $225-300 million, versus the consensus of $255.3 million.
Expecting $75–$100 million of internal Asset Vault project builds, generating attractive cash margins and supporting long-term asset ownership
Targeting full year 2026 gross margin of 15%–25%
Targeting $150–$200 million in total cash at year-end 2026, supported by financing activities, project execution and capital discipline
For earnings history and earnings-related data on Energy Vault Holdings (NRGV) click here.
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