---
schema_version: "secwatch.filing_event.v1"
accession: "0001828536-25-000014"
form_type: "8-K"
ticker: "NRGV"
cik: "0001828536"
company_name: "Energy Vault Holdings, Inc."
filed_at: "2025-03-17T23:59:59+00:00"
generated_at: "2026-05-24T16:13:00.546918+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Energy Vault Q4 rev $33.5M, backlog $660M; 2025 guidance $200-300M

## Summary
- Revenue backlog $660M, up 90% QoQ and quadruple YoY; 2025 rev guidance $200-300M (4-6x increase vs 2024).
- Q4 2024 revenue $33.5M; GAAP net loss $(61.8)M; full-year rev $46.2M, net loss $(135.8)M.
- Adjusted EBITDA loss improved to $(13.4)M (Q4) and $(57.9)M (full year), within guidance range.
- Cash $30.1M, no debt; cash used in investing $(58.7)M for owned projects.
- Own & operate portfolio: 6 projects (840MW) expected to generate ~$2B long-term revenue.

## SEC filing metadata
- accession: 0001828536-25-000014
- form_type: 8-K
- ticker: NRGV
- cik: 0001828536
- company_name: Energy Vault Holdings, Inc.
- filed_at: 2025-03-17T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1828536/000182853625000014/0001828536-25-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828536/000182853625000014/nrgv-20250317.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001828536-25-000014
- JSON: https://secwatch.observer/filing/0001828536-25-000014.json
- Plain text: https://secwatch.observer/filing/0001828536-25-000014.txt

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