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Nuvve Holding (NVVE) earnings and revenue breakdown
Latest: Q2 2026 · 10-Q filed Aug 14, 2026 · Nuvve Holding (NVVE) Q2 2026 earnings results →
Q2 2026 Revenue up 268% year over year to $1.2M · 595¢ of every $1 of revenue lost · operating margin -607.2%
Nuvve Holding made $1.2M in Q2 2026 (+268% Y/Y): Products $916K, Grants $183K, Services $128K. Operating margin -607.2%, net loss $7.3M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 14, 2026.
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What changed this quarter
Revenue was $1.2M in Q2 2026, up 268% year over year and down 12% from the previous quarter. Products was the largest line at 75% of revenue. Products added $774K year over year (up 545%), 87% of the total change. Grid services declined 82%.
Operating costs exceeded revenue by $7.4M, an operating margin of -607.2%. Total costs fell 43% while revenue rose 268%. The fastest-growing cost line was Other operating costs (+812%). The quarter ended with a net loss of $7.3M, wider than the previous quarter's $5.6M loss. Minority interests bore $327K of it: to shareholders the quarter was a loss of $7.0M.
Operating cash flow was −$3.4M. Non-cash charges added back $154K of depreciation and amortization and $0K of share-based compensation. Working capital and other items added $3.8M. Capital expenditures of $295K exceeded it, leaving free cash flow of −$3.7M.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 10-Q | Aug 14, 2026 | $1.2M | +268% | -607.2% | −$7.3M | −$3.4M |
| Q1 2026 | 10-Q | Jul 15, 2026 | $1.4M | +49% | -419.5% | −$5.6M | −$6.0M |
| Q4 2025 | 10-K | Mar 31, 2026 | $1.9M | +9% | -343.9% | −$6.3M | −$4.3M |
| Q3 2025 | 10-Q | Nov 13, 2025 | $1.6M | -17% | -319.7% | −$4.8M | −$5.1M |
| Q2 2025 | 10-Q | Aug 14, 2025 | $333K | -58% | n/m | −$13.6M | −$5.5M |
| Q1 2025 | 10-Q | May 15, 2025 | $934K | +20% | -597.9% | −$6.9M | −$1.8M |
| Q4 2024 | 10-K | Mar 31, 2025 | $1.8M | +9% | -316.4% | −$5.1M | −$3.5M |
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🔄Rotation against the market and its industry (RRG)interactive
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About Nuvve Holding
Unless the context otherwise requires, references in this section to “we,” “us” and “our” and to “Nuvve” and the “Company” are to Nuvve Holding Corp. and its subsidiaries. We are a grid modernization and advanced energy storage and management company that has developed a proprietary vehicle-to-grid ("V2G") technology, including our Grid Integrated Vehicle ("GIVe") cloud-based software platform, powered by advanced artificial intelligence ("AI"). Our AI-driven platform enables us to link multiple electric vehicle ("EV") batteries, as well as stationary batteries, into a virtual power plant to provide bi-directional energy to the electrical grid in a qualified and secure manner.
In its own words, from its 10-K, filed Mar 31, 2026.
Nuvve Holding against its Miscellaneous Electrical Machinery, Equipment & Supplies peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +268% against the peers' median +8%. Operating margin: -607.2% against the peers' median 2.1%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| NVVE Nuvve Holding | Q2 2026 | $1.2M | +268% | -607.2% |
| ENS EnerSys | Q1 FY27 | $936M | +5% | 16.2% |
| ATKR Atkore | Q3 FY26 | $795M | +8% | 8.1% |
| SPB Spectrum Brands Holdings | Q3 FY26 | $753M | +8% | 2.1% |
| ENR Energizer Holdings | Q3 FY26 | $734M | +1% | 6.8% |
| FLNC Fluence Energy | Q3 FY26 | $650M | +8% | -6.7% |
| NOVT Novanta | Q2 2026 | $266M | +10% | 6.8% |
| CHPT ChargePoint Holdings | Q2 FY27 | $116M | +18% | -29.3% |
| MVST Microvast Holdings | Q2 2026 | $87.3M | -4% | -2.0% |
Source: Nuvve Holding 10-Q on SEC EDGAR · CIK 1836875 · Miscellaneous Electrical Machinery, Equipment & Supplies
More on NVVE
History
Every quarter: Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results · Q4 2024 results