Energy Vault Holdings Capital Expenditures (CapEx) Growth & History (NRGV)
Energy Vault Holdings's capital expenditures (capex) was $41.1M for fiscal 2025.
View full Energy Vault Holdings company overviewEnergy Vault Holdings annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $41.1M | −$17.8M | −30.18% |
| 2024 | 2024-12-31 | $58.9M | $28.4M | +93.40% |
| 2023 | 2023-12-31 | $30.4M | $28.1M | +1212.25% |
| 2022 | 2022-12-31 | $2.3M | $2.1M | +1264.12% |
| 2021 | 2021-12-31 | $170,000 | — | — |
Energy Vault Holdings quarterly capital expenditures (capex)
| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $9.1M | $737,000 | +8.76% |
| Q1 2026 | 2026-03-31 | $7.1M | $275,000 | +4.05% |
| Q4 2025 | 2025-12-31 | $10.4M | −$104,000 | −0.99% |
| Q3 2025 | 2025-09-30 | $15.5M | −$11.8M | −43.29% |
| Q2 2025 | 2025-06-30 | $8.4M | −$3.9M | −31.52% |
| Q1 2025 | 2025-03-31 | $6.8M | −$2.0M | −22.64% |
| Q4 2024 | 2024-12-31 | $10.5M | $7.3M | +224.62% |
| Q3 2024 | 2024-09-30 | $27.3M | $18.9M | +225.82% |
| Q2 2024 | 2024-06-30 | $12.3M | $5.1M | +71.02% |
| Q1 2024 | 2024-03-31 | $8.8M | −$2.9M | −24.64% |
| Q4 2023 | 2023-12-31 | $3.2M | $1.6M | +98.11% |
| Q3 2023 | 2023-09-30 | $8.4M | $8.0M | +2317.63% |
| Q2 2023 | 2023-06-30 | $7.2M | $6.9M | +2772.80% |
| Q1 2023 | 2023-03-31 | $11.6M | $11.6M | +13918.07% |
| Q4 2022 | 2022-12-31 | $1.6M | $1.5M | +1644.68% |
| Q3 2022 | 2022-09-30 | $346,000 | $343,000 | +11433.33% |
| Q2 2022 | 2022-06-30 | $250,000 | $180,000 | +257.14% |
| Q1 2022 | 2022-03-31 | $83,000 | $80,000 | +2666.67% |
| Q4 2021 | 2021-12-31 | $94,000 | — | — |
| Q3 2021 | 2021-09-30 | $3,000 | — | — |
| Q2 2021 | 2021-06-30 | $70,000 | — | — |
| Q1 2021 | 2021-03-31 | $3,000 | — | — |
Energy Vault Holdings capital expenditures (capex) trends
Between the periods ended 2021-12-31 and 2025-12-31, Energy Vault Holdings's capital expenditures (capex) increased from $170,000 to $41.1M, a change of $40.9M. The latest reported quarter, Q2 2026, shows $9.1M.
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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