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Energy Vault Holdings, Inc. Add to portfolio


Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-22Dec-31-21
Revenues145.92.8
            Revenue growth5204.6% 
Cost of goods sold86.61.2
Gross profit59.31.5
            Gross margin40.6%54.6%
Selling, general and administrative 2.8
Sales and marketing12.6 
Research and development50.1 
General and administrative56.9 
EBIT-80.81.5
            EBIT margin-55.4%54.6%
Pre-tax income-77.9-3.3
Income taxes0.40.0
            Tax rate 0.0%
Net income-78.3-3.3
            Net margin-53.7%-121.4%
 
Diluted EPS ($0.10)
Shares outstanding (diluted) 32.8
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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