Filing Flows › Energy Vault Holdings (NRGV) › Q2 2026 › vs Q1 2026
Energy Vault Holdings (NRGV) Q2 2026 vs Q1 2026 (quarter over quarter)
Energy Vault Holdings's revenue fell $4.5M (-21%) from $21.9M in Q1 2026 to $17.4M in Q2 2026.
Energy Vault Holdings, Q2 2026: revenue $17.4M (+104% year over year), operating margin -142.0%, net loss $29.7M, operating cash flow −$30.6M. The chart draws each line against Q1 2026, the increases inside each band.
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $17.4M | $21.9M | −$4.5M | -21% |
| Net loss | $29.7M | $32.5M | −$2.8M | -9% |
| Costs & expenses | $47.1M | $54.4M | −$7.3M | -13% |
| Operating costs | $42.0M | $46.1M | −$4.1M | -9% |
| Interest & other, net | $4.2M | $8.3M | −$4.1M | -50% |
| Income tax | $855K | $1K | $854K | 855× |
| Cost of revenue | $12.0M | $17.1M | −$5.1M | -30% |
| Research & development | $2.5M | $2.6M | −$44K | -2% |
| Sales & marketing | $2.9M | $2.9M | −$45K | -2% |
| General & admin | $22.7M | $21.2M | $1.4M | +7% |
| Other operating costs | $2.0M | $2.2M | −$277K | -12% |
| Operating cash sources | $36.8M | $63.1M | −$26.2M | -42% |
| Depreciation & amortization | $1.9M | $2.2M | −$304K | -14% |
| Share-based compensation | $4.4M | $7.1M | −$2.7M | -38% |
| Cash used in operations | $30.6M | $53.8M | −$23.2M | -43% |
| Net loss absorbed | $29.7M | $32.5M | −$2.8M | -9% |
| Working capital & other | $7.2M | $30.6M | −$23.4M | -77% |
Questions
How much did Energy Vault Holdings's revenue grow quarter over quarter in Q2 2026?
Energy Vault Holdings's revenue fell $4.5M (-21%) from $21.9M in Q1 2026 to $17.4M in Q2 2026.