Nuvve Holding Corp.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $4.8M | $5.3M | $8.3M | $5.4M | $4.2M |
| Cost of revenue | — | — | — | $4.2M | $2.0M |
| Selling, general & administrative | $26.8M | $17.7M | $24.7M | $30.1M | $22.9M |
| Research and development | $3.8M | $4.5M | $8.8M | $8.0M | $6.5M |
| Operating income | -$32.2M | -$20.5M | -$32.1M | -$36.9M | -$27.2M |
| Income tax expense | -$1,000 | $1,600 | $1,600 | $800 | $1,000 |
| Net income | -$30.8M | -$17.4M | -$31.3M | -$24.0M | -$72.5M |
| Balance Sheet | |||||
| Cash and equivalents | $5.5M | $371,497 | $1.5M | $15.8M | $32.4M |
| Current assets | $11.0M | $9.3M | $12.5M | $31.8M | $46.8M |
| Total assets | $17.4M | $16.8M | $21.0M | $41.2M | $52.9M |
| Current liabilities | $9.8M | $11.4M | $8.0M | $7.9M | $9.5M |
| Total liabilities | $14.9M | $18.1M | $14.0M | $14.0M | $23.0M |
| Total debt | $1.8M | $5.6M | $0 | — | — |
| Stockholders' equity | -$1.7M | -$1.3M | $7.5M | $27.2M | $29.5M |
| Cash Flow Statement | |||||
| Cash from operations | -$16.6M | -$15.7M | -$21.3M | -$34.1M | -$29.2M |
| Depreciation and amortization | $183,439 | $198,534 | $249,123 | $150,099 | $27,280 |
| Stock-based compensation | $2.4M | $2.6M | $4.1M | $5.2M | $4.2M |
| Capital expenditure | $57,099 | $45,395 | $188,433 | $438,045 | $273,124 |
| Free cash flow | -$16.7M | -$15.8M | -$21.4M | -$34.5M | -$29.5M |
| Share repurchases | — | — | — | $0 | $6.0M |
Shares outstanding 33.6M · Free float 27.1%
Annual filing data through FY ended December 31, 2025; float as of July 4, 2026.