Energy Vault Holdings Q3 2025 revenue rises to $33.3 million
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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.
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