Energy Vault(NRGV)
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Dow Gains More Than 300 Points; Energy Vault Holdings Shares Jump
Benzinga· 2025-11-11 17:17
U.S. stocks traded mixed midway through trading, with the Dow Jones index gaining more than 300 points on Tuesday.The Dow traded up 0.64% to 47,673.48 while the NASDAQ fell 0.79% to 23,340.59. The S&P 500 also fell, dropping, 0.23% to 6,817.03.Check This Out: How To Earn $500 A Month From Disney Stock Ahead Of Q4 EarningsLeading and Lagging SectorsEnergy shares jumped by 1.2% on Tuesday.In trading on Tuesday, information technology stocks fell by 0.9%.Top HeadlineRealReal Inc (NASDAQ:REAL) shares rose sharp ...
Energy Vault's Q3 2025 Breakthrough: Building The Foundation For Recurring EBITDA
Seeking Alpha· 2025-11-11 15:58
Core Insights - Energy Vault (NRGV) specializes in developing and deploying energy storage solutions, utilizing a diverse portfolio of technologies including short-term lithium-ion batteries (B-Vault), long-term gravitational systems (G-Vault), hybrid hydrogen storage (H-Vault), and software for optimization (VaultOS) [1] Group 1: Company Overview - Energy Vault's product offerings include various energy storage technologies aimed at addressing different storage timeframes and optimization needs [1] Group 2: Investment Strategy - The company operates in a sector that is increasingly focused on energy storage solutions, which are critical for the transition to renewable energy sources [1]
Energy Vault(NRGV) - 2025 Q3 - Earnings Call Transcript
2025-11-10 22:30
Financial Data and Key Metrics Changes - Q3 2025 revenue reached $33.3 million, a 27-fold increase year-over-year compared to $1.2 million in Q3 2024, driven by strong execution on projects in Australia and initial contributions from the Asset Vault assets [17] - GAAP gross profit for Q3 2025 was $9 million, improving nearly 18 times from the prior year, resulting in a gross margin of 27% for the quarter and 32.6% year-to-date [17] - Adjusted EBITDA loss narrowed to $6 million in Q3 2025 from a loss of $14.7 million in the prior year, reflecting higher revenue and gross profit [18] Business Line Data and Key Metrics Changes - The company has built, commissioned, and is now operating two initial projects in Texas and California, contributing to the revenue for the first time in Q3 [4] - The contract backlog remains near $1 billion, more than doubling this year and about four times what it was from the same time last year [12] - The company expects to deliver approximately $150 million in revenue in Q4 2025, driven by ongoing projects in Australia and the U.S. [12] Market Data and Key Metrics Changes - The total developed pipeline for advanced projects is around $2.1 billion, or roughly 8.7 gigawatt-hours [20] - The company anticipates receiving $40 million in investment tax credit proceeds in Q4 2025, contributing to an expected cash balance of $75 million to $100 million by year-end [18][21] Company Strategy and Development Direction - The launch of the Asset Vault platform marks a significant strategic move, focusing on developing, owning, and operating energy storage assets [4][22] - The company aims to accelerate deployment of 1.5 gigawatts in attractive priority markets, with a clear monetization strategy supported by long-term offtake agreements [22][23] - Energy Vault is positioned to generate predictable, recurring, and high-margin cash flows through the vertically integrated ecosystem created by the Asset Vault [22] Management's Comments on Operating Environment and Future Outlook - Management acknowledges the volatile operating environment, including tariff impacts and macroeconomic uncertainties, but remains confident in maintaining guidance due to ongoing project deliveries [35] - The company is experiencing a target-rich environment for asset acquisition, indicating strong opportunities despite market challenges [35] - Management emphasizes the importance of agility and operational expertise in navigating market fluctuations and maintaining a diverse project portfolio [36] Other Important Information - Energy Vault has improved its ESG scores, placing in the top 98% of all companies reviewed by S&P Global, and maintaining its leadership in the energy storage segment [15] - The company has completed a $300 million preferred equity agreement to fund the Asset Vault, which is expected to significantly enhance cash flow and project financing capabilities [18][22] Q&A Session Summary Question: R&D expense decline and future capitalization - Management noted that the decline in R&D expenses reflects cost-tightening measures and a shift in focus towards activities related to Asset Vault [30][31] Question: Customer acquisition pace amid macro uncertainty - Management indicated that while there have been delays due to market volatility, they are holding their guidance and seeing a rich environment for asset opportunities [34][35] Question: Backlog inclusion of recently announced projects - The current backlog does not include the recently announced projects in Albania, but these will be added to both the backlog and Asset Vault once finalized [40][45] Question: Increase in development pipeline - The increase in the development pipeline reflects stage four or five opportunities that have been shortlisted or awarded, with specific projects not disclosed [46]
Energy Vault(NRGV) - 2025 Q3 - Earnings Call Presentation
2025-11-10 21:30
THIRD QUARTER 2025 © 2025 ENERGY VAULT, ALL RIGHTS RESERVED | Confidential FOUO (For Official Use Only) - PROPRIETARY INFORMATION OF ENERGY VAULT, INC 1 FINANCIAL RESULTS Disclaimer Forward-Looking Statements This press release includes forward-looking statements that reflect the Company's current views with respect to, among other things, the Company's operations and financial performance. Forward-looking statements include information concerning possible or assumed future results of operations, including ...
Energy Vault(NRGV) - 2025 Q3 - Quarterly Report
2025-11-10 21:14
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2025 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Securities registered pursuant to Section 12(b) of the Act: Commission file number 001-39982 ____________________ ...
Energy Vault(NRGV) - 2025 Q3 - Quarterly Results
2025-11-10 21:11
Exhibit 99.1 Energy Vault Reports Third Quarter 2025 Financial Results Contract revenue backlog of $920 million, up 112% year-to-date Reaf irming full year 2025 guidance across all key metrics; well positioned to execute on growth in 2026 and beyond WESTLAKE VILLAGE, Calif., Nov 10th, 2025 – Energy Vault Holdings, Inc. (NYSE: NRGV) ("Energy Vault" or "the Company"), a leader in sustainable, grid-scale energy storage solutions, announced financial results for the third quarter ended September 30, 2025. "Foll ...
Energy Vault, EU Green Energy Sign Framework Agreement for Deployment of up to $250 Million of Battery Energy Storage Systems, Totaling 1.8 GWh, to Accelerate Renewable Deployment
Businesswire· 2025-11-04 14:25
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)---- $NRGV--Energy Vault Holdings, Inc. (NYSE: NRGV) ("Energy Vault†or the "Company†), a global leader in grid-scale energy storage solutions, today announced the signing of a Framework Supply Agreement (FSA) with EU Green Energy LLC ("EU Green Energy†), a leading renewable energy developer in the Balkan region. The agreement covers the deployment of up to 1.8 GWh of Battery Energy Storage Systems (BESS) over the next four years, paving the way for broader suppor ...
Will Energy Vault Holdings, Inc. (NRGV) Report Negative Earnings Next Week? What You Should Know
ZACKS· 2025-11-04 05:02
Core Insights - Wall Street anticipates a year-over-year increase in earnings for Energy Vault Holdings, Inc. (NRGV) due to higher revenues, with actual results being crucial for stock price movement [1][2] - The earnings report is set to be released on November 10, and better-than-expected results could lead to a stock price increase, while disappointing results may cause a decline [2] Earnings Estimates - The consensus estimate predicts a quarterly loss of $0.03 per share, reflecting an 83.3% year-over-year improvement [3] - Expected revenues are projected at $33.4 million, representing a significant increase of 2683.3% compared to the same quarter last year [3] Estimate Revisions - The consensus EPS estimate has remained unchanged over the past 30 days, indicating stability in analyst expectations [4] - The Most Accurate Estimate aligns with the Zacks Consensus Estimate, resulting in an Earnings ESP of 0% [12] Earnings Surprise Prediction - A positive Earnings ESP is generally a strong indicator of an earnings beat, especially when combined with a favorable Zacks Rank [10] - Energy Vault currently holds a Zacks Rank of 4, complicating predictions for an earnings beat [12] Historical Performance - In the last reported quarter, Energy Vault was expected to post a loss of $0.07 per share but instead reported a loss of $0.22, resulting in a surprise of -214.29% [13] - Over the past four quarters, the company has only surpassed consensus EPS estimates once [14] Industry Comparison - Talen Energy Corporation (TLN), another player in the alternative energy sector, is expected to report an EPS of $3.84, indicating a year-over-year change of +134.2% [18] - Talen's revenues are projected at $701.64 million, up 7.9% from the previous year, but its EPS estimate has been revised down by 34.8% in the last 30 days, resulting in an Earnings ESP of -4.80% [19][20]
Energy Vault Holdings, Inc. (NRGV) Analyst/Investor Day Transcript
Seeking Alpha· 2025-10-30 02:36
Core Insights - Energy Vault is evolving as an integrated energy storage Independent Power Producer (IPP) and has introduced a new investment platform called Asset Vault to enhance deployment and value creation in the energy transition [2]. Group 1 - The company is hosting a Virtual Investor and Analyst Day Webcast to provide insights into its strategy, business performance, and growth trajectories [1]. - A presentation related to Energy Vault's strategy is available on the investor website, and a replay of the webcast will be accessible later [3].
Energy Vault (NYSE:NRGV) 2025 Investor Day Transcript
2025-10-29 18:00
Summary of Energy Vault's 2025 Investor Day Company Overview - **Company**: Energy Vault (NYSE: NRGV) - **Event**: 2025 Virtual Investor and Analyst Day - **Focus**: Integrated energy storage Independent Power Producer (IPP) and introduction of Asset Vault, a new investment platform for energy transition [1][4] Key Points and Arguments Introduction of Asset Vault - Asset Vault is designed to accelerate deployment and value creation in energy transition [1][6] - It aims to enhance Energy Vault's role in operating critical energy storage infrastructure [6][10] Business Performance and Growth - Energy Vault has brought online 65 megawatts of projects and contracted an additional 275 megawatts [7] - Projects include the 125-megawatt Stony Creek project in Australia and the 150-megawatt Sosa Energy Center in Texas [8] - These projects are expected to generate approximately $40 million in annual recurring EBITDA over the next 24 months [9] Financial Outlook - A $300 million funding of non-dilutive preferred equity will enable up to 1.5 gigawatts of new deployments, equating to over $1 billion in capital expenditures [9] - Projected annual recurring EBITDA from Asset Vault alone is expected to reach $100 to $150 million within the next three to four years [9][21] Market Position and Strategy - Energy Vault's contract backlog has quadrupled to almost $1 billion, indicating strong demand for energy storage solutions [10][21] - The company is positioned to leverage its expertise in energy storage and grid management to support the growth of AI infrastructure [10][27] Collaboration with Crusoe Energy - Energy Vault is collaborating with Crusoe Energy to develop modular AI data center infrastructure projects [10][27] - This partnership aims to address the energy needs of large data centers, which are critical for the AI industry [27] Investment Strategy - Asset Vault will be capitalized through a combination of common stock issued to Energy Vault and preferred equity from Orion Infrastructure Capital (OIC) [32] - The capital structure is designed to minimize dilution and maintain control while facilitating project financing [32][38] Project Evaluation Criteria - Projects are evaluated based on developer reputation, project economics, project risk, and geography [54][56] - A scoring matrix is used to objectively assess projects, ensuring only those that meet internal hurdle rates are pursued [59][63] Revenue Structure - The targeted revenue mix aims for 75% contracted revenue from investment-grade offtakes and 25% merchant exposure to capture upside [64] - This balance allows for stable cash flows while also taking advantage of market volatility [64][66] Additional Important Insights - Energy Vault's technology-agnostic software platform enables the deployment of various technologies tailored to specific applications [19] - The company has a strong focus on R&D and core technologies while shifting towards owning and operating energy storage assets [45] - The anticipated growth in energy storage demand is projected at a CAGR of approximately 28% through 2030, significantly outpacing electricity demand growth [12][13] Conclusion - Energy Vault is strategically positioned to capitalize on the growing demand for energy storage solutions, particularly in the context of the AI infrastructure boom [10][27] - The introduction of Asset Vault and collaborations with key partners like Crusoe Energy are expected to enhance the company's growth trajectory and shareholder value [10][27][21]