Energy Vault Holdings (NRGV) Misses Q1 EPS by 2c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/21/2026

1. SPCX
2. NVDA
3. NFLX
4. ISRG
5. RTX
6. COF
7. SMCI
8. GOOGL
9. TSLA
10. CRWV

Go back to Energy Vault Holdings (NRGV) Misses Q1 EPS by 2c

Energy Vault Reports First Quarter 2025 Financial Results

May 12, 2025 4:05 PM EDT

Contract revenue backlog of $648 million, up 49% year-to-date on Australia and U.S. strength

Q1 2025 Revenue increased by 10% versus prior year to $8.5 million driven by Australia projects and India license

Q1 2025 GAAP gross margin more than doubled to 57.1% versus prior year on favorable regional and revenue mix

Quarter-end Cash improved 57% versus year-end 2024 to $47.2 million as the Calistoga project financing was completed; additional ~$45 million from the Cross Trails project financing and sale of ITCs expected in Q2 and Q3

... More