---
schema_version: "secwatch.filing_event.v1"
accession: "0001828536-25-000102"
form_type: "8-K"
ticker: "NRGV"
cik: "0001828536"
company_name: "Energy Vault Holdings, Inc."
filed_at: "2025-08-07T23:59:59+00:00"
generated_at: "2026-05-17T18:12:28.717936+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Energy Vault Q2 rev +126% to $8.5M; backlog $954M; $300M preferred equity deal

## Summary
- Q2 2025 revenue $8.5M (+126% YoY); GAAP gross margin 29.6% vs 27.8% YoY.
- Net loss $(34.9)M; Adj. EBITDA loss improved 11% to $(13.7)M from $(15.4)M.
- Revenue backlog $954M (up 120% YTD); cash $58.1M (+23% QoQ).
- Exclusivity signed for $300M preferred equity to fund 1.5GW owned storage IPP, targeting $100M+ annual EBITDA.
- FY2025 revenue guidance reaffirmed at $200-250M; Q3 2025 cash target $60-75M.

## SEC filing metadata
- accession: 0001828536-25-000102
- form_type: 8-K
- ticker: NRGV
- cik: 0001828536
- company_name: Energy Vault Holdings, Inc.
- filed_at: 2025-08-07T23:59:59+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/1828536/000182853625000102/0001828536-25-000102-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828536/000182853625000102/nrgv-20250807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001828536-25-000102
- JSON: https://secwatch.observer/filing/0001828536-25-000102.json
- Plain text: https://secwatch.observer/filing/0001828536-25-000102.txt

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