Energy Vault (NRGV) Revenue & Revenue Breakdown
Energy Vault Revenue Highlights
Latest Revenue (Y)
$341.54M
Latest Revenue (Q)
$3.77M
Main Segment (Y)
Other
Main Geography (Y)
UNITED STATES
Energy Vault Revenue by Period
Energy Vault Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $341.54M | 134.13% |
| 2022-12-31 | $145.88M | 100.00% |
| 2021-12-31 | - | 100.00% |
| 2020-12-31 | - | 100.00% |
| 2019-12-31 | - | - |
Energy Vault generated $341.54M in revenue during NA 2023, up 134.13% compared to the previous quarter, and up 0.00% compared to the same period a year ago.
Energy Vault Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $3.77M | -51.41% |
| 2024-03-31 | $7.76M | -93.44% |
| 2023-12-31 | $118.24M | -31.34% |
| 2023-09-30 | $172.21M | 333.98% |
| 2023-06-30 | $39.68M | 247.40% |
| 2023-03-31 | $11.42M | -88.61% |
| 2022-12-31 | $100.32M | 5822.20% |
| 2022-09-30 | $1.69M | 73.39% |
| 2022-06-30 | $977.00K | -97.72% |
| 2022-03-31 | $42.88M | 100.00% |
| 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 $3.77M in revenue during Q2 2024, up -51.41% compared to the previous quarter, and up 33.01% compared to the same period a year ago.
Energy Vault Revenue Breakdown
Energy Vault Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 |
|---|---|---|
| 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 23: Other (55.51%), and Licensing Of Intellectual Property (44.49%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 |
|---|---|---|---|---|---|---|---|
| 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 Mar 24: Other (100.00%).
Energy Vault Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 |
|---|---|---|
| Other Countries | - | $9.72M |
| CHINA | $477.00K | $50.52M |
| UNITED STATES | $341.07M | $85.64M |
Energy Vault's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (99.86%), and CHINA (0.14%).
Energy Vault Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| RNW | ReNew Energy Global | $78.22B | $15.99B |
| AZRE | Azure Power Global | $20.75B | $66.92M |
| FLNC | Fluence Energy | $2.22B | $623.14M |
| CWEN | Clearway Energy | $1.31B | $366.00M |
| AY | Atlantica Sustainable Infrastructure | $1.10B | $242.93M |
| ORA | Ormat | $829.42M | $224.17M |
| NRGV | Energy Vault | $341.54M | $3.77M |
| ENLT | Enlight Renewable Energy | $255.70M | $89.59M |
| AMPS | Altus Power | $155.16M | $52.46M |
| ADN | Advent Technologies | $7.84M | $1.26M |
| HLGN | Heliogen | $4.45M | $2.26M |
NRGV Revenue FAQ
What is Energy Vault’s yearly revenue?
Energy Vault's yearly revenue for 2023 was $341.54M, representing an increase of 134.13% compared to 2022. The company's yearly revenue for 2022 was $145.88M, representing an increase of 100.00% compared to 2021. NRGV's yearly revenue for 2021 was $0, representing an increase of 100.00% compared to 2020.
What is Energy Vault’s quarterly revenue?
Energy Vault'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). The company'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). NRGV's quarterly revenue for Q4 2023 was $118.24M, a -31.34% decrease from the previous quarter (Q3 2023), and a 17.86% increase year-over-year (Q4 2022).
What is Energy Vault’s revenue growth rate?
Energy Vault's revenue growth rate for the last 3 years (2021-2023) was 0%, and for the last 5 years (2019-2023) was 0%.
What are Energy Vault’s revenue streams?
Energy Vault's revenue streams in c 23 are Licensing Of Intellectual Property, and Other. Licensing Of Intellectual Property generated $735K in revenue, accounting 44.49% of the company's total revenue, down -98.74% year-over-year. Other generated $917K in revenue, accounting 55.51% of the company's total revenue, down -47.84% year-over-year.
What is Energy Vault’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Energy Vault was Other. This segment made a revenue of $917K, representing 55.51% of the company's total revenue.