{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-013399","form_type":"8-K","ticker":"NRGV","cik":"0001828536","company_name":"Energy Vault Holdings, Inc.","filed_at":"2026-02-11T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.400898+00:00","generated_at":"2026-05-16T03:22:04.358096+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Energy Vault preliminary FY2025 revenue $200-205M, up ~340% YoY; net loss narrows","bullets":["Revenue $200-205M for FY2025 vs $46.2M in FY2024; Q4 revenue $150-155M vs $33.5M.","GAAP gross margin 22-25% vs 13.4% in FY2024; net loss narrowed to $92.4-104.9M from $135.8M.","Adjusted EBITDA improved to ($21-26M) from ($57.9M) in FY2024; Q4 adjusted EBITDA turned positive $5-10M.","Amended convertible debenture with YA II PN to $65M total, adding covenant flexibility and redemption upon certain debt financings."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-013399","json":"https://secwatch.observer/filing/0001104659-26-013399.json","markdown":"https://secwatch.observer/filing/0001104659-26-013399.md","text":"https://secwatch.observer/filing/0001104659-26-013399.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1828536/000110465926013399/0001104659-26-013399-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1828536/000110465926013399/tm265927d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T03:22:04.358096+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2b2715a89f1b017bdfcddbbfce2b658d5e1cb830","claim":"Energy Vault Holdings, Inc. amended Yorkville Amendments with YA II PN, Ltd. valued at Not specified (effective 2026-02-09).","evidence_excerpt":"On February 9, 2026, the Company and the Investor entered into the second amendment to the Purchase Agreement (the “Second Amendment”) and amended and restated each of the (i) the Tranche 1 Debentures (the “A&R Tranche 1 Debentures”), (ii) the Tranche 2 Debentures (the “A&R Tranche 2 Debentures) and (iii) the Tranche 3 Debentures (the “A&R Tranche 3 Debentures,” collectively with the A&R Tranche 1 Debentures and the A&R Tranche 2 Debentures, the “A&R Debentures,” the A&R Debentures together with the Second Amendment, the “Yorkville Amendments”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1828536/000110465926013399/0001104659-26-013399-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"YA II PN, Ltd."},{"label":"Value","value":"Not specified"},{"label":"Effective","value":"2026-02-09"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}