Energy Vault Holdings Inc

Energy Vault Holdings Inc

NRGV · NYSE · Utilities / Utilities - Renewable

3.85USD+0.24 (+6.65%)

Price History

Full chart

Market Stats

Previous Close3.61
Open3.62
Day Range3.47 – 3.90
52-Week Range2.50 – 6.65
Volume4.42M
Market Cap800.09M
P/E (TTM)0.00
Forward P/E0.00
EPS-0.67
Dividend Yield0.00%
Beta1.24
50-Day Avg3.63
200-Day Avg4.15

About

Energy Vault Holdings, Inc. develops and deploys utility-scale energy storage solutions in the United States, Switzerland, United Kingdom, North America, Australia, and internationally. The company offers B-Vault, an electrochemical battery energy storage solution for short-duration energy storage needs; G-Vault, a gravity energy storage solution for long-duration energy storage needs; and H-Vault, a hydrogen or hybrid energy storage solution. It also provides software solutions, such as Vault-OS Energy Management System which provides real-time monitoring, operational control, and optimized dispatch across an array of generation and short to ultra-long duration energy storage assets; Vault-Bidder, which utilizes artificial intelligence to leverage diverse, live data from directly monitored assets and external drivers to provide dispatch and revenue optimization; and Vault-Manager, which converts diverse, real-time data into clear asset performance visibility and insights, facilitating improved decision-making regarding maintenance, augmentation, and expansion. Energy Vault Holdings, Inc. was founded in 2020 and is headquartered in Westlake Village, California.

Company Details

  • SectorUtilities
  • IndustryUtilities - Renewable
  • CEOMr. Robert Allen Piconi
  • Employees142
  • Headquarters4165 East Thousand Oaks Blvd, Westlake Village, CA, United States, 91362, USA
  • Websitehttps://www.energyvault.com

Leadership

  • Mr. Robert Allen PiconiCo-Founder, Chairman & CEO · b. 1971
  • Mr. Akshay LadwaChief Development & Operations Officer · b. 1984
  • Mr. Nitin Dahiya C.F.A.Chief Financial Officer · b. 1977
  • Dr. Craig R. Horne Ph.D.Chief Technology Officer
  • Mr. Richard EspyChief Information & Security Officer · b. 1977
  • Ms. Amy E. BlakewayGeneral Counsel & Chief Legal Officer · b. 1983
  • Mr. Laurence AlexanderChief Marketing Officer & Chief of Staff · b. 1966
  • Ms. Goncagul IcorenChief People Officer · b. 1976
  • Dr. Marco Terruzzin Ph.D.Chief Revenue Officer · b. 1973
  • Mr. Cory MagnusonPresident of Asset Vault

Financials

Income Statement

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue0042.88M145.88M341.54M46.20M203.67M
Growth (%)---+240.17%+134.13%-86.47%+340.86%
Cost of Revenue--2.44M86.58M324.01M40.01M155.68M
Gross Profit---2.44M59.30M17.53M6.19M47.99M
Gross Margin---5.68%40.65%5.13%13.39%23.56%
Operating Expense--24.38M119.55M124.27M136.18M122.36M
Operating Income10.01M-14.51M-26.81M-60.26M-106.74M-130.00M-74.37M
Operating Margin---62.52%-41.31%-31.25%-281.38%-36.51%
EBITDA-10.00M-14.45M-28.89M-69.38M-97.86M-134.56M-81.70M
EBITDA Margin---67.37%-47.56%-28.65%-291.27%-40.12%
Net Income-10.14M-24.17M-31.34M-78.30M-98.44M-135.75M-103.61M
Net Income Margin---73.08%-53.67%-28.82%-293.84%-50.87%
R&D2.06M8.52M7.91M42.60M37.10M26.00M14.63M
R&D as % of Total Revenue--18.45%29.21%10.86%56.28%7.19%
Interest Expense1.19M128.13K7.00K2.00K35.00K123.00K8.46M
Interest Expense % of Total Revenue--0.02%0.00%0.01%0.27%4.16%

Balance Sheet

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets38.69M30.38M125.29M416.71M340.75M183.89M312.88M
Total Liabilities52.74M7.97M193.96M129.00M116.96M57.63M224.26M
Total Equity-14.05M22.42M-68.67M287.71M223.79M126.32M67.46M
Cash14.66M10.05M105.13M203.04M109.92M27.09M62.98M
Total Debt1.63M2.16M1.36M1.55M1.86M1.36M96.73M
Net Debt-13.03M-7.89M-103.77M-201.49M-108.06M-25.73M33.75M

Cash Flow

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-14.83M-16.70M-22.07M-23.35M-92.66M-55.86M-5.65M
Investing Cash Flow-1.16M-1.75M-1.17M-13.32M-42.54M-58.74M-44.61M
Financing Cash Flow28.04M15.64M116.38M217.77M-5.48M-252.00K123.05M
Capital Expenditure1.16M1.75M170.00K2.32M30.43M58.85M41.09M
Free Cash Flow-15.99M-18.45M-22.24M-25.66M-123.09M-114.71M-46.74M
Dividends Paid---5.48M---
FCF to OCF107.79%110.51%100.77%109.93%132.84%205.36%827.44%
Dividend Paid to FCF----21.36%---

Earnings

Report DateMay 24, 2021Aug 13, 2021Dec 1, 2021Jan 21, 2022May 16, 2022Aug 8, 2022Nov 14, 2022Mar 7, 2023May 9, 2023Aug 8, 2023Nov 7, 2023Mar 12, 2024May 8, 2024Aug 6, 2024Nov 12, 2024Mar 10, 2025May 12, 2025Aug 7, 2025Nov 10, 2025Mar 17, 2026May 5, 2026Aug 11, 2026Nov 9, 2026
EPS Estimate---3.47-11.55-0.04-0.10-0.14-0.15-0.19-0.18-0.11-0.11-0.13-0.12-0.11-0.11-0.13-0.07-0.05-0.00-0.10-0.20-0.21
EPS Actual-0.05-0.00-3.47-0.320.26-0.16-0.23-0.17-0.22-0.11-0.06-0.14-0.09-0.10-0.09-0.09-0.08-0.22-0.100.02-0.12-0.17-
Surprise--0.00%97.23%750.00%-60.00%-64.29%-13.33%-15.79%38.89%45.45%-27.27%30.77%16.67%18.18%19.86%38.46%-214.29%-100.00%706.06%-20.00%15.00%-
Timing---After-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap800.09M
Enterprise Value1.02B
Trailing P/E0.00
Forward P/E0.00
Price / Sales3.54
Price / Book125.93
EPS-0.67
Book Value0.038
Revenue (TTM)225.87M
Gross Profit (TTM)50.76M
EBITDA-66.33M
Profit Margin-48.58%
Operating Margin-141.97%
Return on Equity-178.56%
Return on Assets-15.51%
Shares Outstanding181.84M
Shares Float147.32M
Beta1.24
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 4 analystsTarget 6.21
  • Strong Buy
    2
  • Buy
    1
  • Sell
    1

Ownership Breakdown

Institutions
59.75%
Insiders
17.79%
Retail / Other
22.46%

Top Institutional Holders

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    5.81M3.19%
  • Marshall Wace Asset Management Ltd
    5.49M3.02%
  • Vanguard Capital Management, LLC
    5.16M2.84%
  • SailingStone Capital Partners LLC
    4.45M2.44%
  • Legal & General Group PLC
    4.11M2.26%
  • UBS Group AG
    3.26M1.79%
  • MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.
    2.83M1.56%
  • Wasserstein Debt Opportunities Management LP
    2.79M1.53%
  • BlackRock Inc
    2.16M1.19%
  • Amvescap Plc.
    1.92M1.06%
  • Nomura Holdings Inc
    1.85M1.01%

Top Fund Holders

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  • Vanguard MStar Total Stk Mkt Idx Invest
    4.53M2.49%
  • iShares Russell 2000 ETF
    3.53M1.94%
  • Victory Global Energy Transition A
    2.66M1.46%
  • Invesco WilderHill Clean Energy ETF
    1.53M0.84%
  • Fidelity Small Cap Index
    1.50M0.83%
  • Stt Strt® SPDR® S&P KenshoClnPwrETF
    1.49M0.82%