---
schema_version: "secwatch.filing_event.v1"
accession: "0001828536-24-000141"
form_type: "8-K"
ticker: "NRGV"
cik: "0001828536"
company_name: "Energy Vault Holdings, Inc."
filed_at: "2024-08-06T23:59:59+00:00"
generated_at: "2026-05-31T12:30:16.275979+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Energy Vault Q2 revenue $3.8M, net loss $26.2M; reaffirms FY guidance, announces Australia battery project

## Summary
- Q2 GAAP revenue $3.8M; gross margin 27.8% vs. prior year low revenue base; gross profit $1.0M.
- GAAP net loss $(26.2)M flat YoY; adjusted EBITDA improved 12% to $(15.8)M.
- Cash $113.0M, no debt; reaffirms FY 2024 guidance for revenue, gross margin, adjusted EBITDA and year-end cash.
- New 400MWh battery storage project in Australia with ACEN; commercial ops for 200MWh Texas system started.
- Cost savings measures (Q2 $1.7M charge) expected to deliver $6-8M annual savings; new Head of Global Sales hired.

## SEC filing metadata
- accession: 0001828536-24-000141
- form_type: 8-K
- ticker: NRGV
- cik: 0001828536
- company_name: Energy Vault Holdings, Inc.
- filed_at: 2024-08-06T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828536/000182853624000141/0001828536-24-000141-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828536/000182853624000141/nrgv-20240806.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001828536-24-000141
- JSON: https://secwatch.observer/filing/0001828536-24-000141.json
- Plain text: https://secwatch.observer/filing/0001828536-24-000141.txt

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