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Energy Vault Holdings, Inc. (NRGV): R&D Expense

Annual figures by period end, from SEC filings.

Restated years: each year's figure is from the latest filing that reports it. The company later restated the year ended 2022-12-31 (for example after a spin-off or a discontinued operation), while the year before it was last reported on the old basis. Changes across those points are marked n/c (not comparable), and growth rates are not computed across them.

$14.63M
Year ended 2025-12-31
$11.87M
Trailing 12 months to 2026-06-30
-30.0%
3-year compound annual growth
$42.60M2021-12-31: $7.91M2022-12-31: $42.60M2023-12-31: $37.10M2024-12-31: $26.00M2025-12-31: $14.63M$14.63M
2021-12-31 R&D Expense (USD) 2025-12-31
Period endedR&D ExpenseChange YoYSource filing
2025-12-31$14.63M-43.7%2026-03-18, From 2025-01-01
2024-12-31$26.00M-29.9%2026-03-18, From 2024-01-01
2023-12-31$37.10M-12.9%2025-04-01, From 2023-01-01
2022-12-31$42.60Mn/c2024-03-13, From 2022-01-01
2021-12-31$7.91Mn/a2023-04-13, From 2021-01-01

R&D Expense at similar companies

Companies with the same SEC industry code (Miscellaneous Electrical Machinery, Equipment & Supplies), reporting in the same currency, closest in revenue. Each shows its own latest fiscal year, so period ends differ.

CompanyYear endedR&D ExpenseChange YoY
Energy Vault Holdings, Inc. (NRGV)2025-12-31$14.63M-43.7%
CBAK Energy Technology, Inc. (CBAT)2025-12-31$15.80M+21.5%
Ultralife Corp (ULBI)2025-12-31$10.40M+25.8%
Byrna Technologies Inc. (BYRN)2025-11-30$300.0K-50.0%
Eos Energy Enterprises, Inc. (EOSE)2025-12-31$28.54M+25.4%
Gauzy Ltd. (GAUZ)2024-12-31$17.59M+9.7%
ChargePoint Holdings, Inc. (CHPT)2026-01-31$139.27M-1.4%
Microvast Holdings, Inc. (MVST)2025-12-31$34.11M-16.9%
Amprius Technologies, Inc. (AMPX)2025-12-31$9.43M+28.4%

Compare NRGV, CBAT, ULBI, BYRN side by side · Screen every company in Miscellaneous Electrical Machinery, Equipment & Supplies ↗