Energy VaultEnergy Vault posted Q2 2026 revenue of $17.4M, up 104% year-over-year, with GAAP gross profit of $5.4M and a 31.0% gross margin. The company expanded contract backlog by $650M to $2B, driven by AI compute infrastructure demand, and executed a 1.25 GW Texas contract. Energy Vault raised full-year 2026 revenue and gross margin guidance.
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