profit from every $100 of sales.

Energy Vault Holdings
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
It has no yearly profit to compare the price with.
of earnings would pay off all its debt.
Money in, money out
What Energy Vault Holdings sold, what it kept, and what it did with the cash.
Sales went from $146 million in 2022 to $204 million in 2025, with -$104 million of profit last year.
Energy Vault Holdings vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Energy Vault Holdings | No profit yet | ||
AXIA Energia | 3.6× · Cheap | ||
Brookfield Renewable Partners L.P. | No profit yet | ||
Algonquin Power & Utilities | 23.6× · Fair price | ||
NuScale Power | No profit yet |
AI analysis
An AI analyst reads Energy Vault Holdings's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 146 | 342 | 46 | 204 | |
| 59 | 18 | 6 | 48 | |
| -60 | -107 | -130 | -74 | |
| -70 | -98 | -135 | -82 | |
| -78 | -98 | -136 | -104 | |
| -0.64 | -0.69 | -0.91 | -0.65 | |
| 40.6% | 5.1% | 13.4% | 23.6% | |
| -41.3% | -31.3% | -280.7% | -36.5% | |
| -53.7% | -28.8% | -293.8% | -50.9% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 417 | 341 | 184 | 313 |
| Cash | 203 | 110 | 27 | 58 |
| Total debt | 2 | 2 | 1 | 97 |
| Total liabilities | 129 | 117 | 58 | 224 |
| 288 | 224 | 126 | 67 | |
| 123 | 143 | 150 | 161 | |
| -21.3% | -34.6% | -83.9% | -42.1% | |
| -27.2% | -44.0% | -107.5% | -153.5% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -23 | -93 | -56 | -6 | |
| 2 | 37 | 59 | 42 | |
| -26 | -129 | -115 | -48 | |
| Dividends paid | – | – | – | – |
| – | – | – | – | |
| 41 | 43 | 39 | 37 |
Valuation
- –
- –
- –
- 26.5×
- 3.2×
- –
- –
- -7.3%
- -15.7%
- 0.0%
Profitability
- 23.6%
- -36.5%
- -50.9%
- -37.7%
- -31.4%
- -38.9%
- -171.1%
- -38.6%
- -32.9%
- 6.2%
Growth
- +11.8%
- –
- +59.3%
- –
- +10.6%
Financial health
- –
- 5.64
- 57.6%
- -5.9×
- 1.68
- 1.67
- 0.73
How it ranks in Utilities
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $2.75
- Range
- $0.75 – $5.00
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 5, 2026 | -0.20 | -0.15 | −33.3% |
| Mar 17, 2026 | -0.13 | -0.05 | −143.8% |
| Nov 10, 2025 | -0.16 | -0.10 | −60.0% |
| Aug 7, 2025 | -0.22 | -0.07 | −214.3% |
| May 12, 2025 | -0.08 | -0.13 | +38.5% |
| Mar 17, 2025 | -0.35 | -0.14 | −150.0% |
| Nov 12, 2024 | -0.18 | -0.15 | −20.0% |
| Aug 6, 2024 | -0.18 | -0.11 | −63.6% |
News
XOP vs AMLP. Is a Midstream or Upstream Energy ETF the Better Buy as Oil Prices Stay High?Yahoo Finance · Nov 12, 2026Bloom Energy’s stock rallies as data-center jitters subsideMarketWatch · Nov 11, 2026Stock Market Today: Nasdaq Jumps As CoreWeave Results Fuel AI Stampede; Bloom Energy, Dell Soar (Live Coverage)Yahoo Finance · Nov 11, 2026Total Energy Services GAAP EPS of C$0.59, revenue of C$342.96MSeeking Alpha · Nov 11, 2026Ur-Energy outlines $26M Lost Creek wastewater spend as MU5 production targets Q1 2027Seeking Alpha · Nov 10, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Energy Vault Holdings
Is Energy Vault Holdings a good stock to buy?
A business with weak numbers that is not profitable yet. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Energy Vault Holdings AI analysis
What does Energy Vault Holdings do?
Energy Vault Holdings, Inc. develops and sells energy storage solutions. It is in Renewable Utilities.
Does Energy Vault Holdings pay a dividend?
No. Energy Vault Holdings does not pay a dividend at the moment.
Is Energy Vault Holdings stock halal?
Yes. Energy Vault Holdings passes our halal screen: its business is permitted and its debt is 15% of its market value, under the 30% limit. How we check
How has Energy Vault Holdings stock done over the past year?
Up 4.9% over the past twelve months, to $3.61. It traded between $2.51 and $6.49 and is 44.4% below its high.
Who are Energy Vault Holdings's competitors?
The largest listed companies in the same industry are AXIA Energia, Brookfield Renewable Partners L.P., Algonquin Power & Utilities and NuScale Power. The peers table on this page compares their profit, growth and price with Energy Vault Holdings's.
Prices: daily closes to Nov 12, 2026. Fundamentals: company reports via invest-like data.



