Energy Vault Holdings vs Ultralife
Energy Vault Holdings and Ultralife are similar in size: $204m and $191m of revenue in their latest fiscal years. Energy Vault Holdings grew faster (340.9% against 16.2%). Ultralife kept more of each dollar of sales as profit: a net margin of -3.1% against -50.9%.
| Latest fiscal year | Energy Vault HoldingsNRGV, 2025 | UltralifeULBI, 2025 |
|---|---|---|
| Revenue | $204m | $191m |
| Revenue growth | 340.9% | 16.2% |
| Net income | −$104m | −$5.9m |
| Operating margin | -36.5% | — |
| Net margin | -50.9% | -3.1% |
| Return on equity | -107.0% | -4.5% |
| Free cash flow | −$46.7m | $7.1m |
| Cash | $58.3m | $9.3m |
| Total debt | $99.6m | $49.7m |
| Debt to equity | 147.6% | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | 142 | 678 |
| Market value | $565m | $260m |
| Price vs our value range | — | Above our value range |
| Moat score | 17 (Weak) | 42 (Weak) |
| Insider trades, 12 months | 11 buys, 5 sales | 17 buys, 0 sales |