Superworth

Energy Vault profit margin NRGV

Gross, operating and net profit as a share of revenue over the last twelve months, from 2022.

Net margin, 12 months
−48.6%
Operating margin, 12 months
−32.8%
Peer median
5.7%

Over the twelve months to Jun 30, 2026, Energy Vault kept −48.6% of its revenue as net profit, with an operating margin of −32.8% and a gross margin of 22.5%.

The median for 10 industrial machinery stocks of a similar size is 5.7%.

Profit margin over time

GrossOperatingNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginOperating marginGross margin
FY2025−50.9%−36.5%23.6%
FY2024n/an/a13.4%
FY2023−28.8%−31.3%5.1%
FY2022−53.7%−43.2%40.6%
FY2021n/an/an/a

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a yearOperating margin
Q2 FY26−48.6%n/a−32.8%
Q1 FY26−53.0%n/a−35.8%
Q4 FY25−50.9%n/a−36.5%
Q3 FY25n/an/an/a
Q2 FY25n/an/an/a
Q1 FY25n/an/an/a
Q4 FY24n/an/an/a
Q3 FY24−73.4%−42.6 pts−79.2%
Q2 FY24−29.3%+42.1 pts−32.4%
Q1 FY24−26.2%+52.0 pts−29.1%
Q4 FY23−28.8%+24.9 pts−31.3%
Q3 FY23−30.8%n/a−33.5%

Against its peers

Companies in Industrial - Machinery nearest Energy Vault's size, closest first, today.

CompanyProfit margin
NRGVEnergy Vault−48.6%
TWINTwin Disc7.1%
LYTSLSI Industries3.3%
GHMGraham4.5%
PPIHPerma-Pipe International6.9%
PSIXPower Solutions International10.0%
TNCTennant1.5%
ENREnergizer2.7%
EPACEnerpac Tool14.7%
SPBSpectrum Brands2.8%
GRCGorman Rupp8.9%
Peer median5.7%

Where Energy Vault ranks

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on Energy Vault

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.