EV charging firm Nuvve's Q3 revenue falls

Nuvve Holding

13/11/2025 21:38

Overview

Nuvve Q3 2025 revenue fell 16.7% yr/yr to $1.6 mln

Net loss for Q3 2025 increased to $4.8 mln from $1.6 mln yr/yr

Company raised $5.6 mln through public offering and debt in Q3 2025

Outlook

Nuvve anticipates expanding its stationary battery business in North America, Europe, and Japan

Company focuses on battery aggregation services in Japan for commercial and governmental customers

Result Drivers

SERVICES REVENUE DECLINE - Revenue drop attributed to cessation of management fees from Fresno EV infrastructure project

PRODUCT REVENUE INCREASE - Higher customer sales orders and shipments drove product revenue growth

EXPANDED BATTERY PIPELINE - Co expanded stationary battery pipeline, expecting future growth in North America, Europe, and Japan

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
$1.60 mln
Q3 EPS
-$0.24
Q3 Net Income
-$4.80 mln


Press Release: ID:nBwc6Nhmga

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)