---
schema_version: "secwatch.filing_event.v1"
accession: "0001828536-23-000023"
form_type: "8-K"
ticker: "NRGV"
cik: "0001828536"
company_name: "Energy Vault Holdings, Inc."
filed_at: "2023-03-07T23:59:59+00:00"
generated_at: "2026-06-18T10:00:17.243007+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Energy Vault Q4 revenue $100.3M; guides 2023 revenue $325M-$425M with wider adjusted EBITDA loss

## Summary
- Q4 2022 revenue $100.3M, FY 2022 revenue $145.9M; Q4 net loss $(23.3)M, adj. EBITDA $(11.2)M.
- Ended 2022 with $286.2M cash, no debt; contracted backlog 1,635 MWh valued at ~$540M.
- 2023 outlook: revenue $325M-$425M, gross margin 10-15%, adj. EBITDA loss $(50)M-$(70)M.
- Signed gravity EVx licensing deals in Europe and Middle East; appointed Theresa Fariello to Board.
- PG&E hybrid hydrogen project (700 MWh, 96-hour backup) and NV Energy 440MWh BESS on track for 2023/2024.

## SEC filing metadata
- accession: 0001828536-23-000023
- form_type: 8-K
- ticker: NRGV
- cik: 0001828536
- company_name: Energy Vault Holdings, Inc.
- filed_at: 2023-03-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828536/000182853623000023/0001828536-23-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828536/000182853623000023/nrgv-20230307.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001828536-23-000023
- JSON: https://secwatch.observer/filing/0001828536-23-000023.json
- Plain text: https://secwatch.observer/filing/0001828536-23-000023.txt

## Key facts
- Earnings Releases
  Energy Vault Holdings, Inc. reported financial results for the quarter and year ended December 31, 2022.
  - Period: the quarter and year ended December 31, 2022
  - Result: reported results
  source text: On March 7, 2023, Energy Vault Holdings, Inc. (the “Company”) issued a press release announcing its financial results for the quarter and year ended December 31, 2022. A copy of the press release is furnished herewith as Exhibit 99.1 and is incorporated herein by reference.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828536/000182853623000023/0001828536-23-000023-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.