The Tip Desk

Energy Vault Holdings, Inc.

Financial highlights

Amounts in millions
MetricFY 12/31/25FY 12/31/24FY 12/31/23FY 12/31/22FY 12/31/21
Income Statement
Revenue$203.7$46.2$341.5$145.9$0.0
Operating income-$74.4-$130.0-$106.7-$63.1-$29.5
Net income-$103.6-$135.8-$98.4-$78.3-$31.3
Balance Sheet
Total debt$99.6$0.0———
Cash Flow Statement
Free cash flow-$46.7-$114.7-$123.1-$25.7-$22.2

Shares outstanding 181.8M · Free float 63.9%

Annual filing data through FY ended December 31, 2025; float as of September 13, 2026.

Earnings

Other Coverage