NRGV · Energy Vault Holdings, Inc.
$3.97
+0.00 (+0.00%)
At close · Sep 30
Return incl. dividend (before tax)
Market Cap
$800.09M
Shares
181.84M
Volume · Sep 30
2.63M
Avg daily vol (3M)
4.6M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$3.97
Open$3.97
Day$3.88–4.06
52W close$2.51–6.49
Avg vol 30d3.9M
Short int30.4M · 16.7% float · 7.9d
Short vol54%
Last earningsAug 11, 2026
DataMar 2021–Sep 2026
Filing10-Q · Aug 11
Up next
Next earnings call
Nov 16, 2026
Est · unconfirmed
· in 7 wks
filed Aug 11, 2026
call held Aug 11, 2026
Metrics snapshot
Useful current figures from the complete screener profile.
Revenue (TTM)
$225.87M
Trailing 12 months
Net income (TTM)
−$109.72M
Trailing 12 months
Revenue growth YoY
+104.1%
Year over year
Operating margin
-32.8%
Trailing 12 months
P / E (TTM)
—
Trailing earnings
FCF yield
-18.1%
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
−$149.64M
Latest balance sheet
Dividend yield
—
Trailing 12 months
Shares change YoY
+13.7%
Year over year · more shares
Price change (1Y)
+31.5%
Trailing year
Short interest
16.7%
Latest settlement · 7.9 days to cover
AI Brief
Q2 FY26 earnings call · Aug 11, 2026
Q2 FY26
TL;DR. Energy Vault (NRGV) raised full-year 2026 revenue guidance to $270-310M (from $225-300M) and lifted GAAP gross margin guidance to 20-25%, as backlog surged to ~$2B (up $650M sequentially) and Q2 revenue more than doubled year-over-year to $17.4M with GAAP gross margin expanding to 31%.
Bullish
- + Raised full-year 2026 revenue guidance to $270-310M from $225-300M and lifted GAAP gross margin guidance to 20-25% at the high end.
- + Contract backlog expanded ~$650M sequentially to ~$2B, up 107% year-over-year, driven by AI compute infrastructure demand.
- + Executed a 1.25 GW integrated power and storage agreement for hyperscaler AI data centers, expected to generate $500-600M of revenue through end of 2027.
- + Q2 revenue grew 104% year-over-year to $17.4M and GAAP gross margin expanded 140 bps to 31%, with adjusted gross margin up 900 bps to 38.6%.
- + Cash grew 26% sequentially to $148M, the sixth consecutive quarterly increase and up ~155% year-over-year.
Bearish
- − Q2 GAAP net loss was $29.7M and adjusted EBITDA loss widened to $17.0M from $13.6M a year ago on higher operating expenses.
- − Adjusted operating expenses increased to $23.7M from $16.2M year-over-year, reflecting higher commercial, project development, and legal spending.
- − Management acknowledged that a vast majority of second-half 2026 revenue is expected to be recognized in Q4, creating timing risk.
- − Texas data center moratorium creates regulatory/policy risk that the company is monitoring, and powered-land pipeline declined ~1.5 GW quarter-over-quarter.
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceOverall
Neutral
SellHoldBuy
Technical
Neutral
Momentum
Strong
Sentiment
Bullish
Fundamentals
Strong
Quant / Vol
Very High
Market backdrop
VIX 16.3 · calm
Equity put/call 0.53
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
−4%
below
Price vs 50-day avg
+7%
above
RSI (14)
48
neutral
MACD trend
Negative
52-week position
37%
mid-range
Volume (OBV)
Confirms
volume backs price
Momentum
relative strength
1-month return
+21%
trailing
6-month return
+20%
trailing
YTD return
−14%
this year
Relative strength
+8%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $4 › 200d $4 — 200d above 50d
Institutional flow
Accumulating
+11% holders QoQ · +52 funds added
Insider flow
Distributing
Net -$265.9K over 90 days · 67% sells
Short interest
Falling
16.71% of float · ▼ -0.3% MoM · 7.9 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
175 holders — near 3-yr high, broad support
Squeeze score
72
high risk · 0–100
Fundamentals
Revenue growth
+341%
Y/Y
Gross margin
24%
expanding
EPS growth
+29%
Y/Y
Free cash flow
$-46.7M
Balance sheet
$36.3M
net debt
Quant / Vol
risk profile
Volatility
104%
annualized · 1-yr
Max drawdown
−61%
past year
ATR
7.7%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the 8-K filed Aug 11, 2026
full-year 2026
Full-year 2026 revenue
Initiated
$270M – $310M
prior FY $203.67M
midpoint +42.4% Y/Y
Full-year 2026 GAAP gross margin
GAAP
Initiated
20% – 25%
year-end 2026
Total cash at year-end 2026
$160M – $200M
Guided vs delivered
· last 1 settled
Revenue
full year 2023
guided $325M – $425M
$341.54M
In line
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Neutral
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
−4%
Neutral
Price vs 50-day avg
+7%
Bullish
RSI (14)
48
Neutral
MACD trend
Negative
Bearish
52-week position
37%
Neutral
Volume (OBV)
Confirms
Neutral
Market signals — smart money & positioning
Bullish · 3 of 6
Trend (MA cross)
No cross
50d $4 › 200d $4 — 200d above 50d
Institutional flow
Accumulating
+11% holders QoQ · +52 funds added
Insider flow
Distributing
Net -$265.9K over 90 days · 67% sells
Short interest
Falling
16.71% of float · ▼ -0.3% MoM · 7.9 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
175 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $3
Now $4 · 37%
Range high $6
vs 200-day avg -4%
vs 50-day avg +7%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted EBITDA (non-GAAP) non-GAAP | -$17.04M | Three Months Ended June 30, 2026 filing | — |
GAAP → non-GAAP reconciliationGAAP Net loss attributable to Energy Vault Holdings, Inc. (GAAP) -29.69M
+4.19M Interest expense
-704K Interest income
+855K Provision for income taxes
+3.24M Depreciation, amortization, and accretion
+4.37M Stock-based compensation expense
+0K Reorganization expenses
+52K Provision for credit losses
-1.49M Change in fair value of financial instruments carried at fair value
+2.03M Impairment of equity securities
+179K Loss on debt extinguishment
+0K Expenses related to equity purchase agreement
+0K Net loss attributable to non-controlling interest
-73K Foreign exchange losses (gains)
= Adjusted EBITDA (non-GAAP) -17.04M
|
|||
| Adjusted Gross Margin non-GAAP | 38.6% | Q2 2026 | — |
| Adjusted gross profit (non-GAAP) non-GAAP | $6.7M | Three Months Ended June 30, 2026 filing | — |
GAAP → non-GAAP reconciliationGAAP Gross profit (GAAP) 5.38M
+1.32M Add: depreciation and amortization
= Adjusted gross profit (non-GAAP) 6.7M
|
|||
| Adjusted net loss (non-GAAP) non-GAAP | -$24.63M | Three Months Ended June 30, 2026 filing | — |
GAAP → non-GAAP reconciliationGAAP Net loss attributable to Energy Vault Holdings, Inc. (GAAP) -29.69M
+4.37M Stock-based compensation expense
+0K Reorganization expenses
+52K Provision for credit losses
-1.49M Change in fair value of financial instruments carried at fair value
+2.03M Impairment of equity securities
+179K Loss on debt extinguishment
+0K Expenses related to equity purchase agreement
+0K Net loss attributable to non-controlling interest
-73K Foreign exchange losses (gains)
= Adjusted net loss (non-GAAP) -24.63M
|
|||
| Adjusted operating expenses (non-GAAP) non-GAAP | $23.7M | Three Months Ended June 30, 2026 filing | — |
GAAP → non-GAAP reconciliationGAAP Operating expenses (GAAP) 30.04M
-1.92M Less: depreciation, amortization, and accretion (excluding amounts included in cost of revenue)
-4.37M Less: stock-based compensation expense
+0K Less: reorganization expenses
-52K Less: provision for credit losses
= Adjusted operating expenses (non-GAAP) 23.7M
|
|||
| Backlog | $2B | Q2 2026 | — |
| Contracted bookings | $234.09M | Three Months Ended June 30, 2026 filing | — |
| Contracted bookings (Energy) | 21 | Three Months Ended June 30, 2026 filing | — |
| Global MW under operation, construction and RTB | 1.1 | Q2 2026 | — |
| Net bookings | $234.09M | Three Months Ended June 30, 2026 filing | — |
| Net bookings (Energy) | 21 | Three Months Ended June 30, 2026 filing | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Utilities - Renewable — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
NRGV
this stock
Energy Vault Holdings, Inc.
|
$800.09M | -13.9% | +340.9% | — | 16.7% |
|
AXIAY
AXIA Energia S.A.
|
$23.86B | — | — | — | 0.2% |
|
EDRVY
EDP Renewables S.A./ADR
|
$15.72B | — | — | — | 0.0% |
|
BEP
Brookfield Renewable Partners L.P.
|
$13.65B | +4.3% | — | — | 0.2% |
|
ENLT
Enlight Renewable Energy Ltd.
|
$9.72B | +52.7% | — | — | 0.7% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| NRGV | -10.4% | +21.4% | +20.3% | +16.8% | -13.9% |
| SPY | -0.7% | +0.1% | +12.2% | -0.6% | +11.8% |
| vs SPY | -9.7% | +21.3% | +8.1% | +17.3% | -25.7% |