Energy Vault Holdings, Inc. (NRGV) Q2 2026 Earnings Call Transcript

Greetings. And welcome to Energy Vault's Second Quarter 2026 Earnings Call. Please note this conference is being recorded. I would now like to turn the conference over to Mr. Nitin Dahiya, CFO. Please proceed, sir.

Thank you, Operator. Good afternoon, everyone -- for joining us today, and welcome to Energy Vault's Second Quarter 2026 Financial Results Call. Our earnings release and investor presentation are available on the Investor Relations section of our website, and we will refer to the presentation throughout today's call. Before we begin, I want to remind everyone that today's discussion contains forward-looking statements that are subject to risk and uncertainties. Actual results may vary materially from those expressed or implied by these statements. Please refer to our most recent SEC filings and the safe harbor language in today's earnings materials for a discussion of the factors that could cause actual results to differ. We undertake no obligation to update these statements except as required by law. We will also discuss certain non-GAAP financial measures. Reconciliation to the most directly comparable GAAP measures are included in our earnings materials. On a personal note, this is my first earnings call as Chief Financial Officer of Energy Vault. The combination of our differentiated power infrastructure platform, growing contracted asset base, strong execution, and disciplined approach to capital creates a compelling opportunity to build long-term shareholder value. I'm