Comparing the current results to its competitors, Energy Vault Holdings Inc reported Revenue increase in the 1 quarter 2026 by 177.79 % year on year. The sales growth was above Energy Vault Holdings Inc 's competitors' average revenue growth of 15.9 %, achieved in the same quarter.
Energy Vault Holdings Inc , despite income growth by most of its competitors recorded a net loss, despite income increase by most of its competitors of 177.82 %
Energy Vault Holdings Inc 's Comment on Competition and Industry Peers
The company aims to leverage competitive pricing, scalability, and integrated capabilities in development, system design and integration, software, and long-term operations and maintenance to address trends in the U.S. energy storage market. Its strategy involves applying technology and operational expertise to both owned assets and customer projects, while engaging third-party suppliers and partners as needed. The OBBBA, enacted on July 4, 2025, introduces changes to U.S. federal income tax relevant to the industry.
Due to outstanding performance in Overall company, revenue grew by 177.79 % Energy Vault Holdings Inc improved its market share, to approximately 0.1 %.
September 3, 2025
Energy Vault Holdings, Inc. (NYSE: NRGV), a company specializing in innovative energy storage solutions, recently announced a significant milestone in its journey on the New York Stock Exchange (NYSE). The firm received a written confirmation from the NYSE regarding its compliance with the minimum continued listing criteria, driven largely by a resurgence in its share price. As of late August, Energy Vault s average share price for the preceding 30 consecutive trading days exceeded $1.00, which is the threshold outlined in Section 802.01C of the NYSE Listed Company Manual. This development is particularly noteworthy for investors and stakeholders, as it alleviates previous concerns regarding the company s st...
February 25, 2025
In a year marked by contrasting fortunes in the renewable energy sector, Energy Vault Holdings, Inc. has recently unveiled its ambitious plans to construct a 200 MW/2-hour energy storage system at ACEN Australia s New England Solar project. This initiative, positioning the company at the forefront of sustainable energy solutions, reflects a commitment to innovate and expand in the rapidly growing energy storage market. However, this optimism is tempered by stark financial realities that pose significant challenges for the firm.Energy Vault, located in Westlake Village, California, aims to bolster Australia’s renewable energy infrastructure with its latest technology designed for efficient energy storage. T...
February 14, 2025
In a significant step toward strengthening its foothold in the renewable energy sector, Energy Vault Holdings Inc. (NYSE: NRGV) has secured an agreement with the State of Victoria s Commission of Electricity (SEC) for the delivery and integration of a state-of-the-art battery energy storage system (BESS). This system, with a capacity of 100 MW/200 MWh, is set to be launched at the Renova Energy Park, marking a vital stride in bolstering sustainable energy solutions aligned with the regional government s s.This partnership underscores Energy Vault s continuing commitment to advancing energy transition agendas through innovative and scalable storage technology. By delivering this major project, Energy Vault is...
October 3, 2024
Innovating the Future: Energy Vault s Strategic Expansion in Sustainable Energy Storage In an era marked by significant shifts towards renewable energy, effective energy storage solutions have emerged as a linchpin in the transition to a sustainable global energy system. At the forefront of this evolution is Energy Vault Holdings, Inc. (NYSE: NRGV), a leader in grid-scale energy storage solutions, which recently reaffirmed its commitment to growth at its Investor and Analyst Day held in May 2024. The company s unwavering focus on innovation places it ahead of the curve in addressing the energy needs of the future.Situated in Westlake Village, California, Energy Vault has consistently demonstrated its prowess...
June 3, 2024
Energy Vault, a leader in sustainable, grid-scale energy storage solutions, has made significant strides in its global expansion with the execution of key contracts in Australia. These contracts, one with ACEN Australia for 200 MW/400 MWh of battery energy storage deployments and another with Skidmore, Owings and Merrill (SOM) for an exclusive global gravity energy storage partnership, mark a major turning point for the company. Let s dive into the details and assess the impact of these developments on Energy Vault.Energy Vault, through its subsidiary Energy Vault Holdings, Inc. (NYSE: NRGV), has sealed a groundbreaking deal with ACEN Australia for the procurement, construction, and operation of two battery ...
May 9, 2024
Energy Vault Holdings, Inc. (Energy Vault), renowned for its sustainable, grid-scale energy storage solutions, confirmed the successful commissioning and testing of the first 100 MWh EVx Gravity Energy Storage System (GESS). The tests were conducted at the Rudong GESS site by China Tianying Co., Ltd (CNTY), which makes this successful initiation a major breakthrough in the renewable energy sector.The Rudong EVx GESS, an innovative energy storage solution developed by Energy Vault, operates by using large composite bricks to convert gravitational energy into electricity. When demand for electricity is high, these bricks are lowered, and the descending motion drives generators to create power. During periods o...
February 29, 2024
WESTLAKE VILLAGE, Calif. - Energy Vault Holdings, Inc., a leading provider of sustainable, grid-scale energy storage solutions, recently announced major milestones in its China market expansion. The company confirmed the successful interconnection and inverse power operation of its first EVx 100 MWh Gravity Energy Storage System (GESS) in Rudong in December 2023. In addition, Energy Vault has commenced construction on three more grid-scale EVx GESS deployments in China. These developments mark significant achievements for the company and have the potential to greatly impact its future prospects.The successful interconnection and inverse power operation of the Rudong EVx system demonstrates Energy Vault s tec...
January 26, 2024
Energy Vault Expands Presence in Southern Africa with 10-Year Licensing AgreementEnergy Vault Holdings, Inc. (NYSE: NRGV), a leading provider of sustainable, grid-connected energy storage solutions, has announced the signing of a new licensing agreement in the Southern African Development Community (SADC) region. The agreement, which was reached in the fourth quarter of 2023, is with Gravity Energy Storage Solutions (Pty) Ltd (GESSOL), a consortium company.Under this licensing agreement, Energy Vault will grant GESSOL exclusive rights to deploy its innovative gravity energy storage technology in the SADC region. The agreement is set to run for 10 years and includes licensing fees to be paid to Energy Vault. ...
Publicly Traded Peers of Energy Vault Holdings Inc
Eos Energy Enterprises Inc Share Performance
-18.93%
30 Days
Eos Energy Enterprises Inc
Profile
Eos Energy Enterprises Inc is a company that offers low-cost and scalable energy storage solutions based on its zinc-based battery technology. They sell their energy storage systems to utility, commercial, and industrial customers, aiming to enable clean energy integration and grid flexibility.
Fluence Energy Inc is a company that operates in the energy storage and management industry. Their business model involves providing advanced technology and services to enable the integration of renewable energy sources into the power grid.
Tesla Inc operates as an electric vehicle and clean energy company, offering a range of products including electric vehicles, energy storage solutions, and solar panels. The company employs an integrated business model by manufacturing and selling its products while also providing related services, such as vehicle servicing and a network of charging infrastructure. Additionally, Tesla generates revenue through the sale of regulatory credits to other automakers that fall short of compliance with emission standards.
Sources:
Energy Vault Holdings Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: publicly traded companies.
For your research, we’ve provided 10 tables on Energy Vault Holdings Inc versus competitors, including market share analysis.
You can find them in the navigation menu under Competition.
To download the tables, please subscribe.
Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.
