Energy Vault Holdings annual net debt
2021
2022
2023
2024
2025
Energy Vault Holdings Net Debt Growth & History (NRGV)
Energy Vault Holdings's net debt was $43.5M for fiscal 2025.
View full Energy Vault Holdings company overviewEnergy Vault Holdings annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $43.5M | $69.2M | — |
| 2024 | 2024-12-31 | −$25.7M | $82.3M | — |
| 2023 | 2023-12-31 | −$108.1M | $93.4M | — |
| 2022 | 2022-12-31 | −$201.5M | −$97.7M | — |
| 2021 | 2021-12-31 | −$103.8M | — | — |
Energy Vault Holdings quarterly net debt
Q4.21
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 | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $151.9M | $133.3M | +714.83% |
| Q1 2026 | 2026-03-31 | $135.1M | $124.4M | +1167.22% |
| Q4 2025 | 2025-12-31 | $43.5M | $69.2M | — |
| Q3 2025 | 2025-09-30 | $39.0M | $88.7M | — |
| Q2 2025 | 2025-06-30 | $18.6M | $124.1M | — |
| Q1 2025 | 2025-03-31 | $10.7M | $144.9M | — |
| Q4 2024 | 2024-12-31 | −$25.7M | $82.3M | — |
| Q3 2024 | 2024-09-30 | −$49.7M | $22.5M | — |
| Q2 2024 | 2024-06-30 | −$105.5M | $143,000 | — |
| Q1 2024 | 2024-03-31 | −$134.2M | −$21.0M | — |
| Q4 2023 | 2023-12-31 | −$108.1M | $93.4M | — |
| Q3 2023 | 2023-09-30 | −$72.2M | $176.0M | — |
| Q2 2023 | 2023-06-30 | −$105.6M | $192.2M | — |
| Q1 2023 | 2023-03-31 | −$113.2M | $189.0M | — |
| Q4 2022 | 2022-12-31 | −$201.5M | −$97.7M | — |
| Q3 2022 | 2022-09-30 | −$248.2M | — | — |
| Q2 2022 | 2022-06-30 | −$297.9M | — | — |
| Q1 2022 | 2022-03-31 | −$302.2M | — | — |
| Q4 2021 | 2021-12-31 | −$103.8M | — | — |
Energy Vault Holdings net debt trends
Between the periods ended 2021-12-31 and 2025-12-31, Energy Vault Holdings's net debt increased from −$103.8M to $43.5M, a change of $147.2M. The latest reported quarter, Q2 2026, shows $151.9M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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