Employees: 142
Size Energy Vault (NRGV) is a United States Industrials company (Electrical Products) with a market value of $589M, the 2589th largest of 3,117 United States companies the cockpit tracks. Shares closed at $3.24 on 6 Nov 2026.
Performance Over six months the shares fell 28.5%, against -31.8% for the median peer and -1.1% for the United States market (cap-weighted) — 9th highest of 21 in its peer set.
Growth Revenue grew 336.8% over the last twelve months (peer median +6.8%); the operating margin is -32.8% (peer median 2.1%).
Valuation It trades at 3.3× enterprise value to sales against a peer median of 2.4× (7th most expensive of 20).
Capital Return on invested capital runs 39.7 points below its cost of capital (9.7% WACC).
Backlog Backlog (remaining performance obligations) was $362M at 30 Jun 2026, up 76% on a year earlier. Backlog detail →
Short interest Short interest is 17.7% of the free float (15 Oct 2026).
Next results Next results expected around 10 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $226M | $204M | $46.2M | $342M | $146M |
| Revenue growth | — | +341% | -86% | +134% | — |
| Gross profit | $43.9M | $44.6M | $5.13M | $16.6M | $50.8M |
| EBITDA | -$62.5M | -$67.5M | -$127M | -$106M | -$51.8M |
| Net income | -$113M | -$104M | -$136M | -$98.4M | -$78.3M |
| Free cash flow | -$145M | -$46.7M | -$115M | -$123M | -$25.7M |
| Capital expenditure | $43.5M | $42.5M | $58.9M | $30.4M | $2.32M |
| Total debt | $245M | $96.7M | $1.36M | $1.86M | $1.55M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | NRGV | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -2.1% | -12.3% | 3rd highest of 21 |
| 6-month return | -28.5% | -31.8% | 9th highest of 21 |
| Distance from 52-week high | -51.2% | -50.6% | 10th lowest of 21 |
| Revenue growth (TTM) | +336.8% | +6.8% | highest of 20 |
| Operating margin | -32.8% | 2.1% | 3rd lowest of 20 |
| EV / Sales | 3.3× | 2.4× | 7th most expensive of 20 |
| ROIC minus cost of capital | -39.7 pp | -6.0 pp | 3rd lowest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Energy Vault NRGV | United States | $589M | -28% | +337% | -33% | 3.3× | n/a | n/a |
| XP Power XPP.L | United Kingdom | $589M | -17% | -1% | 2% | 2.4× | 50.9% | -0.3% |
| Suzhou Longway Electronic Machinery 301202.SZ | China | $589M | -25% | +27% | 6% | 2.6× | n/a | n/a |
| SEC Electric Machinery 603988.SS | China | $585M | -33% | -15% | 0% | 6.1× | n/a | n/a |
| Chongqing Wangbian Electric (Group) 603191.SS | China | $594M | -42% | +5% | -1% | 1.6× | n/a | n/a |
| Jiangsu Yangdian Science & Technology 301012.SZ | China | $596M | -43% | 0% | 5% | 3.3× | 14.5% | +23.9% |
| Nano Nuclear Energy NNE | United States | $597M | -60% | n/a | -24,545% | 88.0× | n/a | n/a |
| Nanjing CIGU Technology 688448.SS | China | $581M | -15% | -18% | -7% | 9.2× | n/a | n/a |
| Nanjing Quanxin Cable Technology 300447.SZ | China | $581M | -35% | +8% | 4% | 4.4× | 29.2% | +3.3% |
| Shaanxi Baoguang Vacuum Electronic Apparatus 600379.SS | China | $580M | -30% | +7% | 5% | 3.1× | 37.9% | +7.0% |
| Shenzhen Bromake New Material 301387.SZ | China | $602M | -45% | +25% | -1% | 2.1× | n/a | n/a |
| Enovix ENVX | United States | $606M | -58% | +35% | -497% | 18.7× | n/a | n/a |
| Henan Tong-Da Cable 002560.SZ | China | $607M | -47% | +16% | 2% | 0.6× | 16.2% | +32.9% |
| Centiel CNTL.SW | Switzerland | $570M | +45% | -100% | n/a | n/a | n/a | n/a |
| CyberPower Systems 3617.TW | Taiwan | $610M | +11% | 0% | 19% | 1.4× | -10.8% | +5.4% |
| Shijiazhuang Tonhe Electronics Technologies 300491.SZ | China | $566M | -18% | +33% | 1% | 2.1× | n/a | n/a |
| Wuxi New Hongtai Electrical Technology 603016.SS | China | $614M | -50% | -4% | 10% | 6.0× | 36.8% | +6.7% |
| Sanbian Sci-Tech 002112.SZ | China | $617M | -37% | +7% | 1% | 2.1× | 59.0% | +13.2% |
| L.G. Balakrishnan & Bros LGBBROSLTD.NS | India | $562M | -4% | +21% | 11% | 1.6× | n/a | n/a |
| Weihai Honglin Electronic 301439.SZ | China | $559M | -24% | +18% | 5% | 1.1× | n/a | n/a |
| Cinderson Tech (Suzhou) 603344.SS | China | $555M | -30% | +7% | 6% | 1.0× | 7.0% | +9.3% |
Energy Vault reported $362M of remaining performance obligations at 30 Jun 2026, up 76% from a year earlier and up 154% from the previous quarter. Book-to-bill last quarter: 13.62.