Energy Vault Holdings, Inc. Q3 2025 Earnings Recap

NRGV Q3 2025 November 12, 2025

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Energy Vault experienced a pivotal third quarter in 2025 with strong revenue growth and successful project launches, setting the stage for a significant expansion in its energy storage portfolio.

Earnings Per Share Miss

$-0.16 vs $-0.10 est.

-60.0% surprise

Revenue Miss

33319000 vs 140862000 est.

-76.3% surprise

Market Reaction

1-Day -19.81%

5-Day -26.11%

30-Day -0.7%

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Key Takeaways

Revenue surged to $33 million, reflecting a substantial year-over-year and sequential growth trajectory.
Company narrowed its EBITDA loss to $6 million while maintaining robust gross margins of 27%.
Cash balance continues to grow, supported by recent project financing initiatives totaling $300 million, with expectations for a further increase in Q4.
Contract backlog reached nearly $1 billion, more than doubling in 2025 and indicating strong demand for future projects.

This summary was generated by AI from the official earnings call transcript and is provided for informational purposes only. It does not constitute financial advice. For the complete transcript and financial data, visit NRGV on AllInvestView.