NRGV (Energy Vault Holdings) Research & Development : $26.00 Mil (TTM As of Dec. 2024)

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What is Energy Vault Holdings Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Energy Vault Holdings's Research & Development for the three months ended in Dec. 2024 was $6.38 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2024 was $26.00 Mil.

Energy Vault Holdings Research & Development Historical Data

The historical data trend for Energy Vault Holdings's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Energy Vault Holdings Research & Development Chart

Energy Vault Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Research & Development

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8.52

7.91

42.61

37.10

26.00

Energy Vault Holdings Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Research & Development	Get a 7-Day Free Trial														7.55	6.97	6.95	5.70	6.38

Energy Vault Holdings Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $26.00 Mil.

Energy Vault Holdings (NYSE:NRGV) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Energy Vault Holdings Research & Development Related Terms

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Energy Vault Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Energy Vault Holdings Inc (NYSE:NRGV) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

8610:Germany

Address

4360 Park Terrace Drive, Suite 100, Westlake Village, CA, USA, 91361

Website

https://www.energyvault.com

Energy Vault Holdings Inc is a grid-scale energy storage company that is driving a faster transition to renewable power by solving the intermittence issues that are inherent to the prevalent sources of renewable energy, solar and wind. Geographical presence in United States, China and Other. Majority of its revenue comes from U.S.

Executives

Akshay Ladwa	officer: Chief Engineering Officer	C/O ENERGY VAULT, INC., 4360 PARK TERRACE DRIVE, SUITE 100, WESTLAKE VILLAGE CA 91361
Christopher Wiese	officer: Chief Operating Officer	4360 PARK TERRACE DRIVE, SUITE 100, WESTLAKE VILLAGE CA 91361
Robert Piconi	director, officer: Chief Executive Officer	C/O HEALTHCARE AI ACQUISITION, 7 STANLEY GARDENS, LONDON X0 W112ND
Marco Terruzzin	officer: Chief Product Officer	4360 PARK TERRACE, SUITE 100, WESTLAKE VILLAGE CA 91361
Josh Mcmorrow	officer: Chief Legal Officer	4360 PARK TERRACE DRIVE, SUITE 100, WESTLAKE VILLAGE CA 91361
Laurence Alexander	officer: Chief Marketing Officer	C/O ROK ENTERTAINMENT GROUP ROK HOUSE, HOLYHEAD ROAD, ALBRIGHTON, WOLVERHAMPTON X0 WV7 3AU
Goncagul Icoren	officer: Chief People Officer	4360 PARK TERRACE DRIVE, SUITE 100, WESTLAKE VILLAGE CA 91361
Van Gaalen Jan Kees	officer: Chief Financial Officer	10205 WESTHEIMER, SUITE 1000, HOUSTON TX 77042
Andrea Pedretti	officer: Chief Technology Officer	4360 PARK TERRACE DRIVE, SUITE 100, WESTLAKE VILLAGE CA 91361
Theresa M Fariello	director	C/O ENERGY VAULT, INC., 4360 PARK TERRACE DRIVE, SUITE 100, WESTLAKE VILLAGE CA 91361
William Gross	director	C/O BILL GROSS' IDEALAB, 130 W UNION STREET, PASADENA CA 91103
David W Hitchcock	officer: Interim CFO	67 WHIPPANY ROAD, WHIPPANY NJ 07981
Richard Espy	officer: CIO, VP of Software Enablement	4360 PARK TERRACE DRIVE, SUITE 100, WESTLAKE VILLAGE CA 91361
Thomas R Ertel	director	C/O BLACKBAUD, INC., 2000 DANIEL ISLAND DRIVE, CHARLESTON SC 29492
Idealab Studio, Llc	10 percent owner	130 W. UNION STREET, PASADENA CA 91103