Energy Vault Holdings Past Earnings Performance
Past criteria checks 0/6
Energy Vault Holdings's earnings have been declining at an average annual rate of -35.9%, while the Electrical industry saw earnings growing at 14.8% annually. Revenues have been growing at an average rate of 68.3% per year.
Key information
-35.9%
Earnings growth rate
81.6%
EPS growth rate
| Electrical Industry Growth | 30.3% |
| Revenue growth rate | 68.3% |
| Return on equity | -53.7% |
| Net Margin | -73.4% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Energy Vault Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 131 | -96 | 81 | 26 |
| 30 Jun 24 | 302 | -88 | 79 | 29 |
| 31 Mar 24 | 338 | -88 | 81 | 33 |
| 31 Dec 23 | 342 | -98 | 86 | 37 |
| 30 Sep 23 | 324 | -100 | 93 | 43 |
| 30 Jun 23 | 153 | -109 | 90 | 47 |
| 31 Mar 23 | 114 | -89 | 81 | 44 |
| 31 Dec 22 | 146 | -78 | 69 | 43 |
| 30 Sep 22 | 46 | -68 | 51 | 32 |
| 30 Jun 22 | 44 | -45 | 39 | 22 |
| 31 Mar 22 | 43 | -37 | 29 | 17 |
| 31 Dec 21 | 0 | -31 | 19 | 8 |
| 30 Sep 21 | 0 | -29 | 10 | 9 |
| 30 Jun 21 | 0 | -31 | 8 | 8 |
| 31 Mar 21 | 0 | -36 | 6 | 8 |
| 31 Dec 20 | 0 | -24 | 6 | 9 |
Quality Earnings: 8610 is currently unprofitable.
Growing Profit Margin: 8610 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 8610 is unprofitable, and losses have increased over the past 5 years at a rate of 35.9% per year.
Accelerating Growth: Unable to compare 8610's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 8610 is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (0.7%).
Return on Equity
High ROE: 8610 has a negative Return on Equity (-53.67%), as it is currently unprofitable.