Energy Vault Reports Strong Preliminary Q4 & Full-Year 2025 Results with Positive Q4 Adjusted EBITDA
NRGV has more than doubled off its 52-week low of $0.596.
Summary
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.
Key Events · Earnings and Guidance · NRGV
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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.
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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.
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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.
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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.
Analysis · NRGV · Manufacturing
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.
At the time of this filing, NRGV was trading at $3.34 on NYSE in the Manufacturing sector, with a market capitalization of approximately $681.2M. The 52-week trading range was $0.60 to $6.35. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.