Energy Vault Holdings, Inc. filings document material events, operating results, financing activity, governance matters and capital-structure disclosures for a New York Stock Exchange-listed energy storage company. Its Form 8-K reports include quarterly and annual financial results, investor presentation disclosures, material agreements, direct financial obligations and transactions involving convertible senior notes, capped call arrangements and related balance-sheet actions.
The company’s proxy materials cover annual-meeting voting, board governance and stockholder matters. Its filings also identify NRGV common stock, par value $0.0001 per share, as the registered equity security and disclose the company’s emerging growth company status, along with formal exhibits and Regulation FD materials tied to supplemental financial and operational information.
Energy Vault Holdings, Inc. reported sharply higher revenue but continued large losses for the three and six months ended June 30, 2026. Revenue rose to $17.4 million in the quarter and $39.2 million year‑to‑date, more than doubling prior‑year levels, driven mainly by energy storage product sales and growing tolling and PPA revenue. Gross profit improved to $5.4 million in the quarter, but high operating expenses, especially general and administrative costs, led to an operating loss of $24.7 million and a net loss of $29.7 million for the quarter, and $62.2 million for the first half.
Cash and cash equivalents were $93.0 million with an additional $55.0 million of restricted cash. The company used $84.4 million of cash in operating activities in the first half and funded itself with significant new debt, including $150.0 million of Senior Convertible Notes and $83.0 million of convertible debentures, increasing total debt to $264.2 million. Stockholders’ equity declined to $6.9 million as accumulated deficit grew to $549.6 million. Management states existing cash is expected to cover obligations for at least 12 months. Remaining performance obligations under customer contracts totaled $362.0 million, with most expected to convert to revenue within a year, providing visibility into near‑term activity.
Energy Vault Holdings, Inc. reported strong second-quarter 2026 growth while remaining unprofitable. Revenue for the quarter was $17.4 million, up 104% year-over-year, with GAAP gross profit of $5.4 million and gross margin of 31.0%, up about 140 basis points. Adjusted gross margin reached 38.6%. The company recorded a GAAP net loss of $29.7 million (basic EPS $(0.17)) and adjusted EBITDA loss of $17.0 million.
Backlog expanded to roughly $2 billion, up about 107% year-over-year, including an executed contract for 1.25 GW of AI-related infrastructure expected to generate $500–600 million of revenue through 2027. Total cash and restricted cash rose to $148 million as of June 30, 2026, a 155% year-over-year increase, while long-term debt increased to $165.0 million. Global capacity under operation, construction and control reached about 1.1 GW, which the company expects to support approximately $180 million in annual run-rate EBITDA over the next 18–36 months.
Reflecting higher visibility from its backlog, Energy Vault raised full-year 2026 revenue guidance to $270–310 million and tightened GAAP gross margin guidance to 20–25%, and is targeting $160–200 million in total cash at year-end 2026.
Dahiya Nitin reported acquisition or exercise transactions in this Form 4 filing.
Energy Vault Holdings, Inc. granted Chief Financial Officer Nitin Dahiya 400,000 restricted stock units (RSUs) and 400,000 performance restricted stock units (PRSUs) on August 4, 2026. The RSUs are scheduled to vest as to 25% of the underlying shares on September 30, 2027, with the remaining shares vesting in 12 substantially equal quarterly installments thereafter. The PRSUs are eligible to vest in three tranches of 50,000, 150,000 and 200,000 units upon achieving share price targets of $8.00, $10.00 and $12.00, respectively, subject to specified continuous employment periods.
Energy Vault Holdings, Inc. identifies Nitin Dahiya, its Chief Financial Officer, as an insider subject to ownership reporting requirements. This initial insider report shows no equity holdings, derivative positions, or transactions and references an Exhibit 24 Power of Attorney for future SEC submissions.
BlackRock, Inc. reports beneficial ownership of common stock of Energy Vault Holdings, Inc. as of June 30, 2026. BlackRock reports beneficial ownership of 10,651,131 shares of common stock, representing 6.0% of the outstanding class.
BlackRock has sole voting power over 10,392,083 shares and sole dispositive power over 10,651,131 shares, with no shared voting or dispositive power. The holdings reflect securities beneficially owned, or deemed beneficially owned, by certain BlackRock business units on behalf of various underlying clients, and no other single person has an interest in more than five percent of Energy Vault’s outstanding common shares.
Energy Vault Holdings, Inc. is registering up to $300,000,000 of common stock, preferred stock, debt securities, depositary shares, warrants, purchase contracts and units under a new shelf registration statement, replacing a prior three‑year $300,000,000 shelf that expires on July 20, 2026. The shelf structure allows the company to offer these securities from time to time in one or more offerings, with specific terms, prices and uses of proceeds to be detailed in future prospectus supplements. The filing describes Energy Vault’s integrated power infrastructure and energy storage platform, its status as an emerging growth company and smaller reporting company, and outlines its capital structure, including authorized shares, outstanding common stock, equity awards and warrants, as well as anti‑takeover and governance provisions under Delaware law.
Energy Vault Holdings, Inc. appointed Nitin Dahiya as Chief Financial Officer, effective July 27, 2026, while Michael Beer resigned as CFO to pursue other opportunities and will assist with the transition; his departure is stated not to involve disagreements over operations or financial reporting.
Dahiya, a veteran capital-markets investor most recently at BlackRock, will receive a $435,000 annual base salary, 400,000 restricted stock units, 400,000 performance restricted stock units vesting in tranches on share-price targets, an annual performance bonus opportunity equal to 75% of actual regular earnings, and a $100,000 signing bonus. If terminated without Cause or for Good Reason, he is eligible for cash severance and COBRA reimbursement, with enhanced cash, full equity vesting, and extended healthcare if this occurs within 18 months after a Change of Control. A press release notes previously disclosed material increases in Q2 2026 contract backlog and a positive impact on the 2026 financial outlook, to be discussed on the Q2 earnings call scheduled for August 11.
Energy Vault Holdings, Inc. Chief Financial Officer Michael Thomas Beer reported an open-market sale of 65,000 shares of common stock at an average price of $4.08 per share. On the same day, he exercised stock options to acquire 50,000 shares of common stock at an exercise price of $1.17 per share. The sale was effected under a pre-arranged Rule 10b5-1 trading plan, and the exercised options relate to an award that vests over time through quarterly installments.
Michael Beer reports proposed sale of 65,000 shares of Common Stock. The filing lists a proposed sale of $206,700 reported with a trade date of 04/06/2026. The form also lists transfers/issuances tied to restricted stock vesting on 07/17/2025 (8,081 shares) and 10/09/2025 (6,919 shares), plus a 07/06/2026 stock option exercise for 50,000 shares.