Recent 8-K filings for NRGV
Highest-materiality recent filing
Energy Vault prelim Q4 revenue $150-155M (~355% YoY); first positive Adj EBITDA
- Q4 2025 revenue expected $150-155M, up ~355% YoY and ~5x sequentially from Q3.
- Q4 GAAP gross margin 18-22%, Adj EBITDA $5-10M (vs -$13.4M in Q4 2024).
-
Energy Vault shareholders elect three Class II directors and ratify BDO USA as auditor
Elected Stephanie Unwin (96.8M for, 0.79M withheld), Theresa Fariello (86.7M/10.9M), Thomas Ertel (87.2M/10.4M) as Class II directors.
-
Energy Vault posts investor presentation on website; no specific financial data provided in filing.
Company filed Form 8-K under Item 7.01 to announce posting of investor presentation on its website dated May 7, 2026.
-
Energy Vault Q1 revenue $21.9M (+156% YoY); backlog $1.35B; MW under management surges to 1.1 GW
Revenue $21.9M (up 156% YoY), GAAP gross profit $4.8M; adjusted gross profit $6.1M (+25% YoY).
-
Energy Vault Q4 revenue $153.3M, turns positive Adjusted EBITDA; FY revenue $203.7M, backlog $1.3B
Q4 2025 revenue $153.3M (up from $33.5M YoY); FY 2025 revenue $203.7M (+340% YoY).
-
Energy Vault issues additional $10M of 5.25% convertibles; repays $45M Yorkville debt
Initial purchasers exercised option to buy $10M in additional 5.250% Convertible Senior Notes due 2031 on same terms.
-
Energy Vault issues $140M 5.25% convertible notes due 2031; conversion price $5.18
$140M aggregate principal of 5.250% Convertible Senior Notes due 2031 issued.
-
Energy Vault prices $140M convertible notes at 5.25%, due 2031
Offering upsized from $125M; initial purchasers have option to buy additional $20M.
-
Strategic framework agreement for Crusoe Spark modular data center deployments up to 25 MW starting in 2026.
-
Energy Vault preliminary FY2025 revenue $200-205M, up ~340% YoY; net loss narrows
Revenue $200-205M for FY2025 vs $46.2M in FY2024; Q4 revenue $150-155M vs $33.5M.
-
Energy Vault proposes $125M convertible note offering due 2031
Offers $125M convertible senior notes due 2031 in private placement; underwriters can purchase additional $25M.
-
Energy Vault prelim Q4 revenue $150-155M (~355% YoY); first positive Adj EBITDA
Q4 2025 revenue expected $150-155M, up ~355% YoY and ~5x sequentially from Q3.
-
Energy Vault begins building 150 MW Texas BESS; Q4 cash up 65% to $100M+
SOSA Energy Center (150 MW/300 MWh) construction started in ERCOT; commercial operation expected Q2 2027.
-
Energy Vault issues additional $15M in convertible debentures; conversion price $7.41
Additional $15M senior unsecured convertible debentures issued at 98% of principal, maturing Aug 30, 2027.
-
Energy Vault closes $20M additional convertible debenture issuance to YA II PN
Issued $20M aggregate principal of senior unsecured convertible debentures at 97% of par.
-
Energy Vault Q3 revenue $33.3M (up 27x), Adj. EBITDA loss narrows 59% to $6.0M
Revenue $33.3M vs $1.2M a year ago; GAAP gross profit $9.0M (27% margin), up 18x YoY.
-
Energy Vault hosts Analyst and Investor Day on Oct 29; presentation furnished
Virtual Analyst and Investor Day held on October 29, 2025.
-
Energy Vault acquires 150 MW/300 MWh BESS project in Texas; expects $250M total revenue
SOSA BESS project in ERCOT North market acquired from Savion (Shell subsidiary); construction starts Q4 2025.
-
Energy Vault closes $300M preferred equity from OIC, launches Asset Vault platform
OIC commits up to $300M in Series A Preferred Units of Asset Vault; initial $35M cash contribution due by Oct 24, 2025.
-
Energy Vault secures $50M convertible debenture facility for working capital and project growth
Initial $30M tranche funded at closing; up to $50M total in senior unsecured convertible debentures.
-
Energy Vault sells up to $9.45M future receivables for $6.75M net cash
Purchase price $7.5M; $0.75M fees deducted; net cash proceeds $6.75M.
-
Energy Vault regains NYSE listing compliance; 30-day avg share price above $1.00
Received NYSE notice Sept 2, 2025 confirming compliance with Section 802.01C minimum bid price rule.
-
Energy Vault secures $300M preferred equity for Asset Vault, targeting 1.5GW storage projects
$300M non-dilutive preferred equity from a multi-billion-dollar infrastructure fund to launch Asset Vault subsidiary.
-
Energy Vault completes acquisition of 125 MW/1,000 MWh Stoney Creek BESS in Australia
Acquired 125 MW/1,000 MWh BESS in New South Wales from Enervest Group after FIRB approval.
-
Energy Vault Q2 rev +126% to $8.5M; backlog $954M; $300M preferred equity deal
Q2 2025 revenue $8.5M (+126% YoY); GAAP gross margin 29.6% vs 27.8% YoY.
-
Energy Vault wins 75 MW/300 MWh BESS contract from Consumers Energy in Michigan
Two BESS projects: 45 MW/180 MWh Weadock in Hampton Twp. and 30 MW/120 MWh Iosco in Oscoda Twp.
-
Energy Vault closes $18M project financing for 57 MW/114 MWh Cross Trails BESS in Texas
$17.8M senior secured term loan facility with Wilmington Trust; matures July 2032 at 5-6% interest.
-
57 MW / 2-hour battery storage system in Snyder, Texas begins commercial operation ahead of schedule.
-
Energy Vault signs additional 100 MW/200 MWh BESS agreement with Jupiter Power in ERCOT
Agreement for an additional 100 MW/200 MWh battery energy storage system at a Jupiter site in ERCOT.
-
Energy Vault stockholders elect directors and ratify auditor at annual meeting
Class I directors Larry Paulson and Mary Beth Mandanas elected; votes for 69.5M and 71.0M respectively.
-
Energy Vault Q1 revenue up 10% to $8.5M; backlog hits $648M
GAAP gross margin more than doubled to 57.1% from 26.7% YoY, driven by India license revenue.
-
Energy Vault receives NYSE delisting notice for sub-$1 stock price; six months to cure
Received NYSE notice on April 16, 2025, for failure to maintain minimum $1.00 average closing price over 30 consecutive trading days.
-
Energy Vault expects $70-80M from project financings & ITCs, targets Q4 2025 positive Adj. EBITDA
Calistoga (CA) and Cross Trails (TX) financings expected to yield ~$60-65M from project debt + ITC monetization.
-
Energy Vault Q4 rev $33.5M, backlog $660M; 2025 guidance $200-300M
Revenue backlog $660M, up 90% QoQ and quadruple YoY; 2025 rev guidance $200-300M (4-6x increase vs 2024).
-
Energy Vault says no ATM sales planned; cites strong cash, $1B+ bonding, $60-80M project financing
No plans to sell any securities under the ATM facility; management points to strong cash position and no corporate debt.
-
Energy Vault Q3 revenue light at ~$1.2M; backlog up 33% to $350M; net loss $26.6M
Revenue backlog grew 33% QoQ to $350M with new U.S. contracts from Jupiter Power and Gridmatic.
-
Energy Vault notified by NYSE of non-compliance due to stock price below $1.00 for 30 days
NYSE notified Energy Vault on Sept 13, 2024, that average closing price was below $1.00 for 30 consecutive trading days.
-
Q2 GAAP revenue $3.8M; gross margin 27.8% vs. prior year low revenue base; gross profit $1.0M.
-
Energy Vault final vote results: directors Piconi & Gross re-elected, BDO ratified
Robert Piconi re-elected to Class III: 57,922,906 votes for, 3,283,795 withheld.
-
Energy Vault shareholders elect Class III directors, ratify BDO as auditor
Robert Piconi re-elected as Class III director with 57.9M for votes; Bill Gross with 57.5M for votes.
-
Energy Vault Holdings holds Analyst Day on May 9, 2024
Analyst Day presentation furnished as Exhibit 99.1 with forward-looking statements and cautionary notes.
-
Energy Vault Q1 revenue $7.8M, net loss improves to $(21.1)M; cash $136.8M, no debt
Revenue $7.8M from utility/IPP projects; GAAP gross margin 26.7% ($2.1M gross profit).
Earnings & guidance
Materiality & sentiment trend
Max materiality 0.85 · Median 0.70 · Most common event other_material