Energy Vault (NRGV) Revenue & Revenue Breakdown
Energy Vault Revenue Highlights
Latest Revenue (Y)
$46.20M
Latest Revenue (Q)
$8.53M
Main Segment (Y)
Software Licensing
Main Geography (Y)
UNITED STATES
Energy Vault Revenue by Period
Energy Vault Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2024-12-31 | $46.20M | -86.47% |
| 2023-12-31 | $341.54M | 134.13% |
| 2022-12-31 | $145.88M | 100.00% |
| 2021-12-31 | - | 100.00% |
| 2020-12-31 | - | 100.00% |
| 2019-12-31 | - | - |
Energy Vault generated $46.20M in revenue during NA 2024, up -86.47% compared to the previous quarter, and up Infinity% compared to the same period a year ago.
Energy Vault Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2025-03-31 | $8.53M | -74.50% |
| 2024-12-31 | $33.47M | 2691.58% |
| 2024-09-30 | $1.20M | -68.20% |
| 2024-06-30 | $3.77M | -51.41% |
| 2024-03-31 | $7.76M | -93.44% |
| 2023-12-31 | $118.24M | -31.34% |
| 2023-09-30 | $172.21M | 333.98% |
| 2023-06-30 | $39.68M | 247.40% |
| 2023-03-31 | $11.42M | -88.61% |
| 2022-12-31 | $100.32M | 5822.20% |
| 2022-09-30 | $1.69M | 73.39% |
| 2022-06-30 | $977.00K | -97.72% |
| 2022-03-31 | $42.88M | 100.00% |
| 2021-12-31 | - | 100.00% |
| 2021-09-30 | - | 100.00% |
| 2021-06-30 | - | 100.00% |
| 2021-03-31 | - | 100.00% |
| 2020-12-31 | - | 100.00% |
| 2020-09-30 | - | 100.00% |
| 2020-06-30 | - | 100.00% |
| 2020-03-31 | - | - |
Energy Vault generated $8.53M in revenue during Q1 2025, up -74.50% compared to the previous quarter, and up 7.22% compared to the same period a year ago.
Energy Vault Revenue Breakdown
Energy Vault Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 24 | Dec 23 | Dec 22 |
|---|---|---|---|
| Software Licensing | $402.00K | - | - |
| Intellectual Property Licensing | $115.00K | - | - |
| Licensing Of Intellectual Property | - | $735.00K | $58.48M |
| Other | - | $917.00K | $1.76M |
Energy Vault's latest annual revenue breakdown by segment (product or service), as of Dec 24: Software Licensing (77.76%), and Intellectual Property Licensing (22.24%).
Quarterly Revenue by Product
| Product/Service | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Intellectual Property Licensing | $14.00K | $3.25M | - | - | - | - | - | - | - | - | - |
| Software Licensing | $120.00K | $112.00K | $135.00K | $115.00K | - | - | - | - | - | - | - |
| Other | - | - | - | - | $373.00K | $349.00K | $270.00K | $149.00K | $149.00K | $240.00K | $541.00K |
| Licensing Of Intellectual Property | - | - | - | - | - | - | - | - | - | $15.60M | - |
Energy Vault's latest quarterly revenue breakdown by segment (product or service), as of Jun 25: Software Licensing (89.55%), and Intellectual Property Licensing (10.45%).
Energy Vault Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 24 | Dec 23 | Dec 22 |
|---|---|---|---|
| UNITED STATES | $44.42M | $341.07M | $85.64M |
| AUSTRALIA | $992.00K | - | - |
| Other Countries | $784.00K | - | $9.72M |
| CHINA | - | $477.00K | $50.52M |
Energy Vault's latest annual revenue breakdown by geography, as of Dec 24: UNITED STATES (96.16%), AUSTRALIA (2.15%), and Other Countries (1.70%).
Energy Vault Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| CWCO | Consolidated Water | $133.97T | $33.72M |
| EDN | Empresa Distribuidora y Comercializadora Norte Sociedad Anónima | $1.92T | $276.16B |
| RNW | ReNew Energy Global | $78.22B | $15.99B |
| NFE | New Fortress Energy | $2.36B | $301.69M |
| ARIS | Aris Water Solutions | $435.44M | $124.09M |
| UTL | Unitil | $248.30M | $102.60M |
| NRGV | Energy Vault | $46.20M | $8.53M |
| SUUN | PowerBank | $13.88M | $17.77M |
| CDZI | Cadiz | $9.61M | $2.95M |
| NXXT | NextNRG | - | $16.27M |