Energy Vault Q4 revenue $153.3M, turns positive Adjusted EBITDA; FY revenue $203.7M, backlog $1.3B

Energy Vault Holdings, Inc.

Q4 2025 revenue $153.3M (up from $33.5M YoY); FY 2025 revenue $203.7M (+340% YoY).
Q4 2025 Adjusted EBITDA positive $9.8M (vs. loss of $13.4M prior year); FY loss improved to $21.2M.
Contract revenue backlog hits $1.3B, up 42% sequentially and +300% YoY.
Cash at Dec 31, 2025: $103.4M, up 67% sequentially and +300% YoY.
FY 2026 guidance: revenue $225-300M (+30% growth midpoint); gross margin 15-25%; cash target $150-200M.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Energy Vault Holdings, Inc. reported financial results for the quarter and year ended December 31, 2025.

Period: the quarter and year ended December 31, 2025
Result: reported results

Exact text from the filing

On March 17, 2026, Energy Vault Holdings, Inc. (the “Company”) issued a press release announcing its financial results for the quarter and year ended December 31, 2025.

View on SEC.gov

10 earnings releases filed in the last 30 days. Browse all earnings releases →

Energy Vault Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001828536-26-000019

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.