Energy Vault(NRGV) - 2025 Q2 - Quarterly Results

Exhibit 99.1 Energy Vault Reports Second Quarter 2025 Financial Results Current Contract revenue backlog increased 47% to $954 million versus Q1, now up 120% year-to-date Q2 2025 Revenue increased 126% to $8.5 million compared to the prior year period Q2 2025 GAAP gross profit of 29.6%, increasing 140% versus prior year to $2.5 million Q2 2025 Adjusted EBITDA improved 11% versus prior year, to a loss of $13.7 million from a loss of $15.4 million Implemented an additional $6.5 million cost savings initiative ...