Energy Vault develops energy storage systems for utilities and large energy users, including gravity-based storage that lifts and lowers heavy masses to store and release electricity, alongside battery and hybrid solutions. The technology targets grid-scale storage needs such as renewable integration, peak shifting, and reliability. Customers are typically power producers, grid operators, and industrial sites seeking multi-hour or long-duration storage alternatives to conventional generation.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q2 2025 | 8.5 | — | -34.9 | — |
| Q3 2025 | 33.3 | — | -26.8 | — |
| Q4 2025 | 153.3 | — | -20.7 | — |
| Q1 2026 | 21.9 | — | -32.5 | — |
| Q2 2026 | 17.4 | 104% | -29.7 | — |
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