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Energy Vault (NRGV) Revenue & Revenue Breakdown

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Energy Vault Revenue Highlights

Latest Revenue (Y)

$46.20M

Latest Revenue (Q)

$1.20M

Main Segment (Y)

Software Licensing

Main Geography (Y)

UNITED STATES

Energy Vault Revenue by Period

Energy Vault Revenue by Year

DateRevenueChange
2024-12-31$46.20M-86.47%
2023-12-31$341.54M134.13%
2022-12-31$145.88M100.00%
2021-12-31-100.00%
2020-12-31-100.00%
2019-12-31--

Energy Vault generated $46.20M in revenue during NA 2024, up -86.47% compared to the previous quarter, and up Infinity% compared to the same period a year ago.

Energy Vault Revenue by Quarter

DateRevenueChange
2024-09-30$1.20M-68.20%
2024-06-30$3.77M-51.41%
2024-03-31$7.76M-93.44%
2023-12-31$118.24M-31.34%
2023-09-30$172.21M333.98%
2023-06-30$39.68M247.40%
2023-03-31$11.42M-88.61%
2022-12-31$100.32M5822.20%
2022-09-30$1.69M73.39%
2022-06-30$977.00K-97.72%
2022-03-31$42.88M100.00%
2021-12-31-100.00%
2021-09-30-100.00%
2021-06-30-100.00%
2021-03-31-100.00%
2020-12-31-100.00%
2020-09-30-100.00%
2020-06-30-100.00%
2020-03-31--

Energy Vault generated $1.20M in revenue during Q3 2024, up -68.20% compared to the previous quarter, and up 3.02% compared to the same period a year ago.

Energy Vault Revenue Breakdown

Energy Vault Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23Dec 22
Intellectual Property Licensing$115.00K--
Software Licensing$402.00K--
Licensing Of Intellectual Property-$735.00K$58.48M
Other-$917.00K$1.76M

Energy Vault's latest annual revenue breakdown by segment (product or service), as of Dec 24: Software Licensing (77.76%), and Intellectual Property Licensing (22.24%).

Quarterly Revenue by Product

Product/ServiceDec 24Sep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22
Intellectual Property Licensing---------
Software Licensing$135.00K$115.00K-------
Other--$373.00K$349.00K$270.00K$149.00K$149.00K$240.00K$541.00K
Licensing Of Intellectual Property-------$15.60M-

Energy Vault's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: Software Licensing (100.00%).

Energy Vault Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 24Dec 23Dec 22
AUSTRALIA$992.00K--
Other Countries$784.00K-$9.72M
UNITED STATES$44.42M$341.07M$85.64M
CHINA-$477.00K$50.52M

Energy Vault's latest annual revenue breakdown by geography, as of Dec 24: UNITED STATES (96.16%), AUSTRALIA (2.15%), and Other Countries (1.70%).

Energy Vault Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
RNWReNew Energy Global$78.22B$15.99B
FLNCFluence Energy$2.70B$186.79M
CWENClearway Energy$1.37B$486.00M
ORAOrmat$879.65M$212.96M
ENLTEnlight Renewable Energy$255.70M$89.59M
AMPSAltus Power$196.26M$58.68M
NRGVEnergy Vault$46.20M$1.20M
ADNAdvent Technologies$7.84M$805.00K

NRGV Revenue FAQ

What is Energy Vault’s yearly revenue?

Energy Vault's yearly revenue for 2024 was $46.2M, representing a decrease of -86.47% compared to 2023. The company's yearly revenue for 2023 was $341.54M, representing an increase of 134.13% compared to 2022. NRGV's yearly revenue for 2022 was $145.88M, representing an increase of 100.00% compared to 2021.

What is Energy Vault’s quarterly revenue?

Energy Vault's quarterly revenue for Q3 2024 was $1.2M, a -68.20% decrease from the previous quarter (Q2 2024), and a -99.30% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $3.77M, a -51.41% decrease from the previous quarter (Q1 2024), and a -90.50% decrease year-over-year (Q2 2023). NRGV's quarterly revenue for Q1 2024 was $7.76M, a -93.44% decrease from the previous quarter (Q4 2023), and a -32.07% decrease year-over-year (Q1 2023).

What is Energy Vault’s revenue growth rate?

Energy Vault's revenue growth rate for the last 3 years (2022-2024) was -68.33%, and for the last 5 years (2020-2024) was 0%.

What are Energy Vault’s revenue streams?

Energy Vault's revenue streams in c 24 are Intellectual Property Licensing, and Software Licensing. Intellectual Property Licensing generated $115K in revenue, accounting 22.24% of the company's total revenue Software Licensing generated $402K in revenue, accounting 77.76% of the company's total revenue

What is Energy Vault’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Energy Vault was Software Licensing. This segment made a revenue of $402K, representing 77.76% of the company's total revenue.