---
schema_version: "secwatch.filing_event.v1"
accession: "0001828536-26-000019"
form_type: "8-K"
ticker: "NRGV"
cik: "0001828536"
company_name: "Energy Vault Holdings, Inc."
filed_at: "2026-03-17T23:59:59+00:00"
generated_at: "2026-05-15T10:47:44.694701+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001828536-26-000019
- form_type: 8-K
- ticker: NRGV
- cik: 0001828536
- company_name: Energy Vault Holdings, Inc.
- filed_at: 2026-03-17T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828536/000182853626000019/0001828536-26-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828536/000182853626000019/nrgv-20260317.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001828536-26-000019
- JSON: https://secwatch.observer/filing/0001828536-26-000019.json
- Plain text: https://secwatch.observer/filing/0001828536-26-000019.txt

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