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Side-by-side financial comparison of DigitalBridge Group, Inc. (DBRG) and Energy Vault Holdings, Inc. (NRGV). Click either name above to swap in a different company.

Energy Vault Holdings, Inc. is the larger business by last-quarter revenue ($153.3M vs $105.7M, roughly 1.4× DigitalBridge Group, Inc.). DigitalBridge Group, Inc. runs the higher net margin — 61.5% vs -13.5%, a 75.0% gap on every dollar of revenue. On growth, Energy Vault Holdings, Inc. posted the faster year-over-year revenue change (231.8% vs 4.1%). Over the past eight quarters, Energy Vault Holdings, Inc.'s revenue compounded faster (537.7% CAGR vs 19.2%).

DigitalBridge Group, Inc. is a global digital infrastructure investment firm. The company owns, invests in and operates businesses such as cell towers, data centers, fiber, small cells, and edge infrastructure. Headquartered in Boca Raton, DigitalBridge has offices in Los Angeles, New York, Denver, London, and Singapore. As of June 2025, DigitalBridge had US$106 billion of assets under management.

Energy Vault is a global energy storage company specializing in gravity and kinetic energy based, long-duration energy storage products. Energy Vault's primary product is a gravity battery to store energy by stacking heavy blocks made of composite material into a structure, capturing potential energy in the elevation gain of the blocks. When demand for electricity is high, these blocks are lowered with the motors functioning as generators and delivering electricity to the grid.

DBRG vs NRGV — Head-to-Head

Bigger by revenue
NRGV
NRGV
1.4× larger
NRGV
$153.3M
$105.7M
DBRG
Growing faster (revenue YoY)
NRGV
NRGV
+227.7% gap
NRGV
231.8%
4.1%
DBRG
Higher net margin
DBRG
DBRG
75.0% more per $
DBRG
61.5%
-13.5%
NRGV
Faster 2-yr revenue CAGR
NRGV
NRGV
Annualised
NRGV
537.7%
19.2%
DBRG

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
DBRG
DBRG
NRGV
NRGV
Revenue
$105.7M
$153.3M
Net Profit
$65.1M
$-20.7M
Gross Margin
20.6%
Operating Margin
74.3%
Net Margin
61.5%
-13.5%
Revenue YoY
4.1%
231.8%
Net Profit YoY
66.5%
EPS (diluted)
$0.28
$-0.13

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DBRG
DBRG
NRGV
NRGV
Q2 26
$153.3M
Q1 26
$21.9M
Q4 25
$105.7M
Q3 25
$93.3M
$33.3M
Q2 25
$85.3M
$8.5M
Q1 25
$90.1M
$8.5M
Q4 24
$101.6M
$33.5M
Q3 24
$76.6M
$1.2M
Net Profit
DBRG
DBRG
NRGV
NRGV
Q2 26
$-20.7M
Q1 26
$-32.5M
Q4 25
$65.1M
Q3 25
$31.4M
$-26.8M
Q2 25
$31.6M
$-34.9M
Q1 25
$13.8M
$-21.1M
Q4 24
$-61.8M
Q3 24
$13.8M
$-26.6M
Gross Margin
DBRG
DBRG
NRGV
NRGV
Q2 26
20.6%
Q1 26
21.9%
Q4 25
Q3 25
27.0%
Q2 25
29.6%
Q1 25
57.1%
Q4 24
7.7%
Q3 24
40.3%
Operating Margin
DBRG
DBRG
NRGV
NRGV
Q2 26
74.3%
Q1 26
-32.5%
Q4 25
Q3 25
-13.9%
-52.8%
Q2 25
-31.2%
-330.7%
Q1 25
-11.5%
-244.8%
Q4 24
5.7%
-150.6%
Q3 24
62.4%
-2258.1%
Net Margin
DBRG
DBRG
NRGV
NRGV
Q2 26
-13.5%
Q1 26
-148.5%
Q4 25
61.5%
Q3 25
33.7%
-80.5%
Q2 25
37.1%
-410.3%
Q1 25
15.3%
-247.7%
Q4 24
-184.7%
Q3 24
18.0%
-2217.9%
EPS (diluted)
DBRG
DBRG
NRGV
NRGV
Q2 26
$-0.13
Q1 26
$-0.20
Q4 25
$0.28
Q3 25
$0.09
$-0.16
Q2 25
$0.10
$-0.22
Q1 25
$-0.01
$-0.14
Q4 24
$-0.41
Q3 24
$-0.01
$-0.18

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DBRG
DBRG
NRGV
NRGV
Cash + ST InvestmentsLiquidity on hand
$382.5M
$58.3M
Total DebtLower is stronger
$298.8M
$38.0M
Stockholders' EquityBook value
$2.1B
$67.5M
Total Assets
$3.4B
$312.9M
Debt / EquityLower = less leverage
0.14×
0.56×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DBRG
DBRG
NRGV
NRGV
Q2 26
$58.3M
Q1 26
$55.2M
Q4 25
$382.5M
Q3 25
$358.4M
$32.7M
Q2 25
$340.7M
$22.3M
Q1 25
$349.9M
$21.2M
Q4 24
$302.2M
$30.0M
Q3 24
$294.4M
$51.1M
Total Debt
DBRG
DBRG
NRGV
NRGV
Q2 26
$38.0M
Q1 26
$160.6M
Q4 25
$298.8M
Q3 25
$327.9M
Q2 25
$298.0M
Q1 25
$296.9M
Q4 24
$296.4M
Q3 24
$295.8M
Stockholders' Equity
DBRG
DBRG
NRGV
NRGV
Q2 26
$67.5M
Q1 26
$30.5M
Q4 25
$2.1B
Q3 25
$2.1B
$80.5M
Q2 25
$2.0B
$90.3M
Q1 25
$2.0B
$114.9M
Q4 24
$2.0B
$126.3M
Q3 24
$2.0B
$179.1M
Total Assets
DBRG
DBRG
NRGV
NRGV
Q2 26
$312.9M
Q1 26
$298.0M
Q4 25
$3.4B
Q3 25
$3.5B
$281.9M
Q2 25
$3.4B
$248.8M
Q1 25
$3.4B
$217.4M
Q4 24
$3.5B
$183.9M
Q3 24
$3.5B
$252.9M
Debt / Equity
DBRG
DBRG
NRGV
NRGV
Q2 26
0.56×
Q1 26
5.27×
Q4 25
0.14×
Q3 25
0.16×
Q2 25
0.15×
Q1 25
0.15×
Q4 24
0.15×
Q3 24
0.15×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DBRG
DBRG
NRGV
NRGV
Operating Cash FlowLast quarter
$259.3M
Free Cash FlowOCF − Capex
$258.0M
FCF MarginFCF / Revenue
244.0%
Capex IntensityCapex / Revenue
1.3%
Cash ConversionOCF / Net Profit
3.99×
TTM Free Cash FlowTrailing 4 quarters
$440.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DBRG
DBRG
NRGV
NRGV
Q2 26
Q1 26
$-53.8M
Q4 25
$259.3M
Q3 25
$56.5M
$-11.7M
Q2 25
$77.0M
$15.4M
Q1 25
$50.3M
$-2.7M
Q4 24
$60.1M
$-34.8M
Q3 24
$35.9M
$-9.2M
Free Cash Flow
DBRG
DBRG
NRGV
NRGV
Q2 26
Q1 26
Q4 25
$258.0M
Q3 25
$56.1M
$-27.2M
Q2 25
$76.4M
$6.9M
Q1 25
$50.0M
$-9.5M
Q4 24
$56.5M
$-45.4M
Q3 24
$-36.4M
FCF Margin
DBRG
DBRG
NRGV
NRGV
Q2 26
Q1 26
Q4 25
244.0%
Q3 25
60.2%
-81.5%
Q2 25
89.5%
81.6%
Q1 25
55.5%
-111.5%
Q4 24
55.7%
-135.5%
Q3 24
-3039.9%
Capex Intensity
DBRG
DBRG
NRGV
NRGV
Q2 26
Q1 26
Q4 25
1.3%
Q3 25
0.4%
46.4%
Q2 25
0.7%
98.8%
Q1 25
0.3%
79.5%
Q4 24
3.5%
31.5%
Q3 24
0.0%
2273.1%
Cash Conversion
DBRG
DBRG
NRGV
NRGV
Q2 26
Q1 26
Q4 25
3.99×
Q3 25
1.80×
Q2 25
2.43×
Q1 25
3.65×
Q4 24
Q3 24
2.61×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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