Energy Vault Holdings annual gross margin
2022
2023
2024
2025
Energy Vault Holdings Gross Margin Growth & History (NRGV)
Energy Vault Holdings's gross margin was 23.56% for fiscal 2025.
View full Energy Vault Holdings company overviewEnergy Vault Holdings annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 23.56% | +10.17 pp |
| 2024 | 2024-12-31 | 13.39% | +8.26 pp |
| 2023 | 2023-12-31 | 5.13% | −35.52 pp |
| 2022 | 2022-12-31 | 40.65% | — |
Energy Vault Holdings quarterly gross margin
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 30.95% | +1.39 pp |
| Q1 2026 | 2026-03-31 | 21.88% | −35.25 pp |
| Q4 2025 | 2025-12-31 | 20.60% | +12.88 pp |
| Q3 2025 | 2025-09-30 | 27.04% | −13.24 pp |
| Q2 2025 | 2025-06-30 | 29.56% | +1.73 pp |
| Q1 2025 | 2025-03-31 | 57.14% | +30.48 pp |
| Q4 2024 | 2024-12-31 | 7.73% | +4.33 pp |
| Q3 2024 | 2024-09-30 | 40.28% | +36.13 pp |
| Q2 2024 | 2024-06-30 | 27.82% | +17.88 pp |
| Q1 2024 | 2024-03-31 | 26.65% | +5.47 pp |
| Q4 2023 | 2023-12-31 | 3.40% | −12.49 pp |
| Q3 2023 | 2023-09-30 | 4.15% | −0.04 pp |
| Q2 2023 | 2023-06-30 | 9.95% | −31.61 pp |
| Q1 2023 | 2023-03-31 | 21.18% | −78.82 pp |
| Q4 2022 | 2022-12-31 | 15.88% | — |
| Q3 2022 | 2022-09-30 | 4.19% | — |
| Q2 2022 | 2022-06-30 | 41.56% | — |
| Q1 2022 | 2022-03-31 | 100.00% | — |
Energy Vault Holdings gross margin trends
Between the periods ended 2022-12-31 and 2025-12-31, Energy Vault Holdings's gross margin decreased from 40.65% to 23.56%, a change of −17.09 percentage points. The latest reported quarter, Q2 2026, shows 30.95%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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