Energy Vault Holdings, Inc. Q1 FY2025 Earnings Call

Energy Vault Holdings, Inc. (NRGV)

Earnings Call FY2025 Q1 Call date: 2025-05-12 Concluded

Quarter scorecard

Revenue

$8.53M

+10% YoY

Diluted EPS

$-0.14

Gross margin

57.1%

+30.4 pp YoY

Net income

-$21.14M

Sale of Energy Storage Products $4.89M

-36.7%

Intellectual Property Licensing $3.25M

Operation and Maintenance Services $276,000

Software Licensing $112,000