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

Energy Vault Holdings, Inc. is the larger business by last-quarter revenue ($33.3M vs $32.3M, roughly 1.0× RBB Bancorp). RBB Bancorp runs the higher net margin — 31.5% vs -80.5%, a 112.0% gap on every dollar of revenue. On growth, Energy Vault Holdings, Inc. posted the faster year-over-year revenue change (2678.9% vs 12.6%). RBB Bancorp produced more free cash flow last quarter ($42.6M vs $-27.2M). Over the past eight quarters, RBB Bancorp's revenue compounded faster (7.0% CAGR vs -46.9%).

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.

RBB Bancorp is a US-based financial holding company that operates Royal Business Bank as its primary banking subsidiary. It caters mainly to Asian American communities, small and medium-sized enterprises, real estate investors, and retail clients, offering comprehensive commercial banking, consumer lending, deposit services, and wealth management solutions across branches in key US coastal metropolitan areas.

NRGV vs RBB — Head-to-Head

Bigger by revenue
NRGV
NRGV
1.0× larger
NRGV
$33.3M
$32.3M
RBB
Growing faster (revenue YoY)
NRGV
NRGV
+2666.3% gap
NRGV
2678.9%
12.6%
RBB
Higher net margin
RBB
RBB
112.0% more per $
RBB
31.5%
-80.5%
NRGV
More free cash flow
RBB
RBB
$69.8M more FCF
RBB
$42.6M
$-27.2M
NRGV
Faster 2-yr revenue CAGR
RBB
RBB
Annualised
RBB
7.0%
-46.9%
NRGV

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
NRGV
NRGV
RBB
RBB
Revenue
$33.3M
$32.3M
Net Profit
$-26.8M
$10.2M
Gross Margin
27.0%
Operating Margin
-52.8%
39.5%
Net Margin
-80.5%
31.5%
Revenue YoY
2678.9%
12.6%
Net Profit YoY
-0.8%
132.1%
EPS (diluted)
$-0.16
$0.59

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
NRGV
NRGV
RBB
RBB
Q4 25
$32.3M
Q3 25
$33.3M
$32.6M
Q2 25
$8.5M
$35.8M
Q1 25
$8.5M
$28.5M
Q4 24
$33.5M
$28.7M
Q3 24
$1.2M
$30.3M
Q2 24
$3.8M
$27.5M
Q1 24
$7.8M
$28.2M
Net Profit
NRGV
NRGV
RBB
RBB
Q4 25
$10.2M
Q3 25
$-26.8M
$10.1M
Q2 25
$-34.9M
$9.3M
Q1 25
$-21.1M
$2.3M
Q4 24
$-61.8M
$4.4M
Q3 24
$-26.6M
$7.0M
Q2 24
$-26.2M
$7.2M
Q1 24
$-21.1M
$8.0M
Gross Margin
NRGV
NRGV
RBB
RBB
Q4 25
Q3 25
27.0%
Q2 25
29.6%
Q1 25
57.1%
Q4 24
7.7%
Q3 24
40.3%
Q2 24
27.8%
Q1 24
26.7%
Operating Margin
NRGV
NRGV
RBB
RBB
Q4 25
39.5%
Q3 25
-52.8%
40.7%
Q2 25
-330.7%
36.1%
Q1 25
-244.8%
11.2%
Q4 24
-150.6%
17.6%
Q3 24
-2258.1%
31.6%
Q2 24
-739.7%
35.6%
Q1 24
-317.4%
39.9%
Net Margin
NRGV
NRGV
RBB
RBB
Q4 25
31.5%
Q3 25
-80.5%
31.2%
Q2 25
-410.3%
26.1%
Q1 25
-247.7%
8.0%
Q4 24
-184.7%
15.3%
Q3 24
-2217.9%
23.1%
Q2 24
-694.6%
26.4%
Q1 24
-272.4%
28.4%
EPS (diluted)
NRGV
NRGV
RBB
RBB
Q4 25
$0.59
Q3 25
$-0.16
$0.59
Q2 25
$-0.22
$0.52
Q1 25
$-0.14
$0.13
Q4 24
$-0.41
$0.26
Q3 24
$-0.18
$0.39
Q2 24
$-0.18
$0.39
Q1 24
$-0.14
$0.43

Balance Sheet & Financial Strength

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

Metric
NRGV
NRGV
RBB
RBB
Cash + ST InvestmentsLiquidity on hand
$32.7M
$212.3M
Total DebtLower is stronger
$119.9M
Stockholders' EquityBook value
$80.5M
$523.4M
Total Assets
$281.9M
$4.2B
Debt / EquityLower = less leverage
0.23×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NRGV
NRGV
RBB
RBB
Q4 25
$212.3M
Q3 25
$32.7M
$234.9M
Q2 25
$22.3M
$191.9M
Q1 25
$21.2M
$238.8M
Q4 24
$30.0M
$257.7M
Q3 24
$51.1M
$349.4M
Q2 24
$106.8M
$252.8M
Q1 24
$135.8M
Total Debt
NRGV
NRGV
RBB
RBB
Q4 25
$119.9M
Q3 25
$119.8M
Q2 25
$119.7M
Q1 25
$119.6M
Q4 24
$119.5M
Q3 24
$119.4M
Q2 24
$119.3M
Q1 24
$119.2M
Stockholders' Equity
NRGV
NRGV
RBB
RBB
Q4 25
$523.4M
Q3 25
$80.5M
$514.3M
Q2 25
$90.3M
$517.7M
Q1 25
$114.9M
$510.3M
Q4 24
$126.3M
$507.9M
Q3 24
$179.1M
$509.7M
Q2 24
$195.6M
$511.3M
Q1 24
$212.3M
$514.0M
Total Assets
NRGV
NRGV
RBB
RBB
Q4 25
$4.2B
Q3 25
$281.9M
$4.2B
Q2 25
$248.8M
$4.1B
Q1 25
$217.4M
$4.0B
Q4 24
$183.9M
$4.0B
Q3 24
$252.9M
$4.0B
Q2 24
$255.6M
$3.9B
Q1 24
$285.9M
$3.9B
Debt / Equity
NRGV
NRGV
RBB
RBB
Q4 25
0.23×
Q3 25
0.23×
Q2 25
0.23×
Q1 25
0.23×
Q4 24
0.24×
Q3 24
0.23×
Q2 24
0.23×
Q1 24
0.23×

Cash Flow & Capital Efficiency

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

Metric
NRGV
NRGV
RBB
RBB
Operating Cash FlowLast quarter
$-11.7M
$43.4M
Free Cash FlowOCF − Capex
$-27.2M
$42.6M
FCF MarginFCF / Revenue
-81.5%
131.8%
Capex IntensityCapex / Revenue
46.4%
2.5%
Cash ConversionOCF / Net Profit
4.26×
TTM Free Cash FlowTrailing 4 quarters
$-75.1M
$73.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NRGV
NRGV
RBB
RBB
Q4 25
$43.4M
Q3 25
$-11.7M
$2.1M
Q2 25
$15.4M
$21.7M
Q1 25
$-2.7M
$7.8M
Q4 24
$-34.8M
$58.5M
Q3 24
$-9.2M
$24.5M
Q2 24
$-12.8M
$11.7M
Q1 24
$947.0K
$4.8M
Free Cash Flow
NRGV
NRGV
RBB
RBB
Q4 25
$42.6M
Q3 25
$-27.2M
$1.8M
Q2 25
$6.9M
$21.6M
Q1 25
$-9.5M
$7.6M
Q4 24
$-45.4M
$57.7M
Q3 24
$-36.4M
$24.2M
Q2 24
$-25.1M
$11.5M
Q1 24
$-7.8M
$4.7M
FCF Margin
NRGV
NRGV
RBB
RBB
Q4 25
131.8%
Q3 25
-81.5%
5.4%
Q2 25
81.6%
60.2%
Q1 25
-111.5%
26.7%
Q4 24
-135.5%
201.0%
Q3 24
-3039.9%
80.0%
Q2 24
-665.1%
42.0%
Q1 24
-100.8%
16.6%
Capex Intensity
NRGV
NRGV
RBB
RBB
Q4 25
2.5%
Q3 25
46.4%
1.1%
Q2 25
98.8%
0.3%
Q1 25
79.5%
0.6%
Q4 24
31.5%
2.7%
Q3 24
2273.1%
0.8%
Q2 24
325.8%
0.5%
Q1 24
113.0%
0.5%
Cash Conversion
NRGV
NRGV
RBB
RBB
Q4 25
4.26×
Q3 25
0.21×
Q2 25
2.32×
Q1 25
3.39×
Q4 24
13.34×
Q3 24
3.50×
Q2 24
1.61×
Q1 24
0.60×

Financial Flow Comparison

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

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