Energy Vault Reports Strong Preliminary Q4 & Full-Year 2025 Results with Positive Q4 Adjusted EBITDA

summarizeSummary

Energy Vault reported strong preliminary Q4 and full-year 2025 financial results, including significant revenue growth, positive Q4 Adjusted EBITDA, and a substantial increase in cash on hand.

check_boxKey Events

• Strong Q4 Revenue Growth

  Preliminary Q4 2025 revenue is expected to be between $150.0 million and $155.0 million, marking a ~355% year-over-year improvement and a ~5x sequential increase from Q3 2025.

• Positive Q4 Adjusted EBITDA

  The company anticipates positive Q4 2025 Adjusted EBITDA between $5.0 million and $10.0 million, a significant turnaround from a $13.4 million loss in Q4 2024.

• Increased Cash Position

  Cash on hand at year-end 2025 reached $103.4 million, representing a 3x+ year-over-year increase and a 67% sequential rise from Q3 2025.

• Full-Year Revenue within Guidance

  Full-year 2025 revenue is projected to be between $200 million and $205 million, a ~335% year-over-year increase and within the original guidance range.

auto_awesomeAnalysis

Energy Vault Holdings, Inc. announced robust preliminary financial results for Q4 and full-year 2025, highlighted by significant revenue growth and a shift to positive Adjusted EBITDA in the fourth quarter. The company's Q4 revenue is projected to be between $150 million and $155 million, representing a substantial 355% year-over-year increase. This strong operational performance, coupled with a year-end cash balance of $103.4 million, provides a positive backdrop for the company's concurrent announcement of a $125 million convertible senior notes offering, aimed at strengthening its financial position and supporting future growth initiatives.