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Energy Vault Holdings vs Byrna Technologies: NRGV and BYRN compared
Energy Vault Holdings is the larger company: $17.4M of revenue in its latest quarter (Q2 2026) against $15.3M for Byrna Technologies (Q3 FY26). Energy Vault Holdings is growing faster (+104% against -46% a year earlier). Byrna Technologies is more profitable, with an operating margin of -19.2% against -142.0%.
Where the money goes: NRGV and BYRN
Energy Vault Holdings (NRGV) · 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 follows the revenue to costs, profit and cash.
Byrna Technologies (BYRN) · Q3 FY26
Byrna Technologies, Q3 FY26: revenue $15.3M (-46% year over year), operating margin -19.2%, net loss $2.9M, operating cash flow −$436K. The chart follows the revenue to costs, profit and cash.
| Energy Vault Holdings (NRGV) | Byrna Technologies (BYRN) | |
|---|---|---|
| Latest quarter | Q2 2026 | Q3 FY26 |
| Revenue | $17.4M | $15.3M |
| Revenue growth, Y/Y | +104% | -46% |
| Operating margin | -142.0% | -19.2% |
| Net earnings | −$29.7M | −$2.9M |
| Net margin | -170.9% | -19.0% |
| Operating cash flow | −$30.6M | −$436K |
Where the revenue comes from
Byrna Technologies
- Direct to Consumer Segment: $11.1M (73%)
- Wholesale Segment: $4.2M (27%)
Questions
Which is bigger, Energy Vault Holdings or Byrna Technologies?
Energy Vault Holdings is the larger company: $17.4M of revenue in its latest quarter (Q2 2026) against $15.3M for Byrna Technologies (Q3 FY26).
Is Energy Vault Holdings or Byrna Technologies growing faster?
Energy Vault Holdings is growing faster (+104% against -46% a year earlier).
Which is more profitable, Energy Vault Holdings or Byrna Technologies?
Byrna Technologies is more profitable, with an operating margin of -19.2% against -142.0%.
More: Energy Vault Holdings earnings · how Energy Vault Holdings makes money · Byrna Technologies earnings · how Byrna Technologies makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 11, 2026; 10-Q filed Oct 8, 2026). Fiscal quarters can end on different dates. Not investment advice.