Energy Vault (NRGV) Revenue & Revenue Breakdown
Energy Vault Revenue Highlights
Latest Revenue (Y)
$203.67M
Latest Revenue (Q)
$33.32M
Main Segment (Y)
Intellectual Property Licensing
Main Geography (Y)
AUSTRALIA
Energy Vault Revenue by Period
Energy Vault Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2025-12-31 | $203.67M | 340.86% |
| 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 $203.67M in revenue during NA 2025, up 340.86% compared to the previous quarter, and up Infinity% compared to the same period a year ago.
Energy Vault Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2025-09-30 | $33.32M | 291.44% |
| 2025-06-30 | $8.51M | -0.26% |
| 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 $33.32M in revenue during Q3 2025, up 291.44% compared to the previous quarter, and up 883.79% 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 25 | Dec 24 | Dec 23 | Dec 22 |
|---|---|---|---|---|
| Intellectual Property Licensing | $3.31M | $115.00K | - | - |
| Software Licensing | $540.00K | $402.00K | - | - |
| Other | - | - | $917.00K | $1.76M |
| Licensing Of Intellectual Property | - | - | $735.00K | $58.48M |
Energy Vault's latest annual revenue breakdown by segment (product or service), as of Dec 25: Intellectual Property Licensing (85.98%), and Software Licensing (14.02%).
Quarterly Revenue by Product
| Product/Service | Dec 25 | 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 | $43.00K | $14.00K | $3.25M | - | - | - | - | - | - | - | - | - |
| Software Licensing | $308.00K | $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 Dec 25: Software Licensing (87.75%), and Intellectual Property Licensing (12.25%).
Energy Vault Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 25 | Dec 24 | Dec 23 | Dec 22 |
|---|---|---|---|---|
| Other Countries | $5.18M | $784.00K | - | $9.72M |
| AUSTRALIA | $124.27M | $992.00K | - | - |
| UNITED STATES | $74.22M | $44.42M | $341.07M | $85.64M |
| CHINA | - | - | $477.00K | $50.52M |
Energy Vault's latest annual revenue breakdown by geography, as of Dec 25: AUSTRALIA (61.02%), UNITED STATES (36.44%), and Other Countries (2.54%).
Energy Vault Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| CWCO | Consolidated Water | $132.07T | $35.12M |
| NXXT | NextNRG | $81.84T | - |
| NFE | New Fortress Energy | $2.36B | $327.37M |
| GNE | Genie Energy | $425.20M | $138.32M |
| NRGV | Energy Vault | $203.67M | $33.32M |
| CDZI | Cadiz | $16.31M | $4.13M |
| SUUN | PowerBank | $13.88M | $17.77M |
| RAIN | Rain Enhancement Technologies Holdco | - | - |
| VGAS | Verde Clean Fuels | - | - |
| YORW | York Water | - | - |