NRGV · CIK 0001828536 · operating
Energy Vault Holdings develops and deploys utility-scale energy storage solutions across the United States, Australia, and international markets. The company's product portfolio addresses varying duration energy storage needs through multiple technologies. B-Vault is an electrochemical battery system designed for short-duration storage applications, while G-Vault employs gravity-based mechanisms for long-duration storage. B-Nest provides a structural housing solution for battery installations at space-constrained sites, and H-Vault offers hydrogen or hybrid energy storage configurations.
Beyond hardware solutions, Energy Vault provides software platforms that manage energy storage and generation assets. Vault-OS is an energy management system that orchestrates multiple storage mediums and underlying generation resources. Vault-Bidder uses machine learning to optimize bidding strategies by integrating node-specific data with weather and asset performance information. Vault-Manager handles asset management and technology integration functions.
The company operates as a 158-person organization headquartered in Westlake Village, California, and was incorporated in Delaware in 2020. Energy Vault trades on the NYSE under ticker NRGV with a market capitalization of approximately $0.5 billion.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2024 | $-0.91 | $-0.91 | -31.9% | |
| 2023 | $-0.69 | $-0.69 | -7.8% | |
| 2022 | $-0.64 | $-0.64 | — | |
| 2021 | — | — | — | |
| 2020 | — | — | — |