---
schema_version: "secwatch.filing_event.v1"
accession: "0001836875-22-000095"
form_type: "8-K"
ticker: "NVVE"
cik: "0001836875"
company_name: "Nuvve Holding Corp."
filed_at: "2022-11-14T23:59:59+00:00"
generated_at: "2026-06-21T21:14:04.470180+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Nuvve Q3 2022 revenue $0.6M (-52% YoY), net loss $8.3M

## Summary
- Revenue of $0.6M, down 52.4% YoY; products and services revenue fell $0.2M, grants down $0.4M.
- Net loss of $8.3M vs $7.0M in Q3 2021; SG&A rose to $7.2M from $6.6M.
- Cash and equivalents $21.6M at Sep 30, 2022; cash operating costs fell sequentially to $7.8M.
- Partnered with San Diego Gas & Electric for emergency load reduction; also with Vistra for school bus grants.
- Megawatts under management 16.3; backlog $4.2M; CEO cites supply chain and inflation headwinds.

## SEC filing metadata
- accession: 0001836875-22-000095
- form_type: 8-K
- ticker: NVVE
- cik: 0001836875
- company_name: Nuvve Holding Corp.
- filed_at: 2022-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1836875/000183687522000095/0001836875-22-000095-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1836875/000183687522000095/nvve-20221114.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001836875-22-000095
- JSON: https://secwatch.observer/filing/0001836875-22-000095.json
- Plain text: https://secwatch.observer/filing/0001836875-22-000095.txt

## Key facts
- Earnings Releases
  Nuvve Holding Corp. reported third quarter ended September 30, 2022 results: revenue $0.6 million, net income $8.3 million.
  - Period: third quarter ended September 30, 2022
  - Revenue: $0.6 million
  - Net income: $8.3 million
  - Result: reported results
  source text: Total revenue was $0.6 million for the three months ended September 30, 2022, compared to $1.2 million for the three months ended September 30, 2021, a decrease of $0.6 million, or 52.4%. The decrease was primarily attributed to a $0.2 million decrease in products and services revenue, and a decrease in grants of $0.4 million. Products and services revenue for the three months ended September 30, 2022 consisted of sales DC and AC Chargers of about $0.3 million, grid services revenue of $0.16 million, and engineering services of $0.05 million. Cost of products and services revenue for the three months ended September 30, 2022, decreased by $0.11 million to $0.3 million, and margin was flat at 43.3% compared to the same prior year period. Margin was mostly impacted by a higher mix of hardware charging stations sales offset by a lower mix of engineering services in the current quarter. Selling, general and administrative expenses consist of selling, marketing, advertising, payroll, admini
  evidence_url: https://www.sec.gov/Archives/edgar/data/1836875/000183687522000095/0001836875-22-000095-index.htm

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