Nuvve Holding Corp. ( (NVVE) ) has released its Q3 earnings. Here is a breakdown of the information Nuvve Holding Corp. presented to its investors.
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Nuvve Holding Corp. is a green energy technology company that specializes in vehicle-to-grid (V2G) technology, enabling electric vehicle and stationary batteries to store and resell unused energy back to the grid. The company operates in the clean energy sector and is headquartered in San Diego, California.
In its third-quarter 2025 financial update, Nuvve reported a revenue of $1.6 million, a slight decrease from the previous year’s third quarter. Despite the revenue dip, the company highlighted its successful capital raise of $5.6 million to support growth initiatives and noted an increase in its stationary battery pipeline.
Key financial metrics for the quarter included a gross profit margin of 52.0% and cash operating losses of $4.8 million. The company experienced a significant increase in operating expenses, primarily due to higher compensation and public company costs. Additionally, Nuvve’s megawatts under management saw a slight increase over the previous quarter, though there was a year-over-year decrease.
Looking ahead, Nuvve’s management is optimistic about expanding its business in North America, Europe, and Japan, particularly in the area of battery aggregation services. The company aims to leverage its growing pipeline and strategic initiatives to enhance its market position in the clean energy sector.