Energy Vault Holdings Q3 2025 revenue rises to $33.3 million
Energy Vault Holdings Inc. reported Q3 2025 revenue of $33.3 million, a 27-fold increase year-over-year, with a GAAP gross profit of $9.0 million. The gross margin was 27.0% for the quarter. Adjusted EBITDA loss narrowed by 59% to $6.0 million. Cash as of September 30, 2025, was $61.9 million. The company acquired a 150 MW project in Texas and closed a $300 million preferred equity investment. Energy Vault reaffirmed its 2025 guidance, projecting year-end cash of $75-100 million.
Energy Vault Holdings Inc. reported third quarter 2025 revenue of $33.3 million, a 27-fold increase compared to the prior year, with a GAAP gross profit of $9.0 million, up nearly 18 times from the previous year. The company recorded a gross margin of 27.0% for the quarter and 32.6% year-to-date. Adjusted EBITDA loss narrowed by 59% to $6.0 million compared to a loss of $14.7 million in the prior year period. Cash as of September 30, 2025 was $61.9 million, a 7% sequential increase. The contract revenue backlog reached $920 million, up 112% year-to-date. Business developments included the acquisition of a 150 MW project in Texas, bringing total Asset Vault capacity under operation and construction to 340 MW, and the closing of a $300 million preferred equity investment from Orion Infrastructure Capital for the Asset Vault initiative. The company also announced agreements with EU Green Energy to deploy 1.8 GWh of BESS in Europe and a collaboration with Crusoe to support modular data centers. Energy Vault reaffirmed its full-year 2025 guidance and projects year-end cash of $75-100 million. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Energy Vault Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251110829659) on November 10, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
