Filing Flows › Energy Vault Holdings (NRGV) › Q2 2026 › vs Q2 2025
Energy Vault Holdings (NRGV) Q2 2026 vs Q2 2025 (year over year)
Energy Vault Holdings's revenue rose $8.9M (+104%) from $8.5M in Q2 2025 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 Q2 2025, the increases inside each band.
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $17.4M | $8.5M | $8.9M | +104% |
| Net loss | $29.7M | $34.9M | −$5.2M | -15% |
| Costs & expenses | $47.1M | $43.4M | $3.6M | +8% |
| Operating costs | $42.0M | $36.7M | $5.4M | +15% |
| Interest & other, net | $4.2M | $4.7M | −$533K | -11% |
| Income tax | $855K | $2.1M | −$1.2M | -59% |
| Cost of revenue | $12.0M | $6.0M | $6.0M | +100% |
| Research & development | $2.5M | $4.1M | −$1.5M | -38% |
| Sales & marketing | $2.9M | $3.2M | −$296K | -9% |
| General & admin | $22.7M | $19.1M | $3.5M | +19% |
| Other operating costs | $2.0M | $4.3M | −$2.3M | -54% |
| Operating cash sources | $36.8M | −$5.9M | $42.8M | — |
| Depreciation & amortization | $1.9M | $473K | $1.4M | +306% |
| Share-based compensation | $4.4M | $9.0M | −$4.6M | -51% |
| Cash used in operations | $30.6M | −$15.4M | $45.9M | — |
| Net loss absorbed | $29.7M | $34.9M | −$5.2M | -15% |
| Working capital & other | $7.2M | −$40.8M | $48.0M | — |
Questions
How much did Energy Vault Holdings's revenue grow year over year in Q2 2026?
Energy Vault Holdings's revenue rose $8.9M (+104%) from $8.5M in Q2 2025 to $17.4M in Q2 2026.