6 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 2.6% per year over the past 5 years.
Operating margin has contracted, at -671.3% in the latest year.
Financial health
The company holds more cash ($5M) than total debt ($3M).
Total debt has grown slower than revenue (-5.3% vs 2.6% per year).
The company is unprofitable and has less than a year of cash runway at its current free-cash-flow burn.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$5M
-$31M
0.0%
-671.3%
-$17M
$3M
$5M
2024
$5M
-$17M
0.0%
-387.1%
-$16M
$6M
$371497
2023
$8M
-$31M
0.0%
-385.3%
-$21M
$0
$2M
2022
$5M
-$24M
21.9%
-686.7%
-$35M
—
$16M
2021
$4M
-$72M
52.2%
-649.8%
$29M
$0
$32M
2020
$4M
-$5M
87.6%
-111.3%
-$3M
$4M
$2M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Dec '25
$2M
-$6M
0.0%
-342.8%
-$4M
$3M
$5M
Sep '25
$2M
-$5M
0.0%
-319.7%
-$5M
$5M
$939415
Jun '25
$332989
-$13M
0.0%
-4443.8%
-$6M
$9M
$2M
Mar '25
$934304
-$7M
0.0%
-597.9%
-$2M
$9M
$1M
Dec '24
$2M
-$5M
0.0%
-316.4%
-$3M
$6M
$371497
Sep '24
$2M
-$2M
0.0%
-95.8%
-$4M
$2M
$325245
Jun '24
$802180
-$4M
0.0%
-718.5%
-$4M
—
$1M
Mar '24
$779756
-$7M
0.0%
-929.4%
-$5M
—
$5M
Dec '23
$2M
-$7M
0.0%
-452.5%
-$15M
$0
$2M
Sep '23
$3M
-$8M
0.0%
-312.0%
$3M
—
$14M
Jun '23
$2M
-$8M
8.0%
-392.2%
-$3M
—
$11M
Mar '23
$2M
-$8M
21.2%
-424.8%
-$6M
—
$12M
Dec '22
$1M
-$8M
35.2%
-762.1%
-$6M
—
$16M
Sep '22
$553687
-$6M
50.1%
-1553.6%
-$8M
—
$22M
Jun '22
$1M
-$5M
20.5%
-771.2%
-$12M
—
$15M
Mar '22
$2M
-$5M
9.6%
-402.0%
-$9M
—
$24M
Dec '21
$1M
-$54M
9.8%
-671.1%
-$6M
$0
$32M
Sep '21
$1M
-$5M
66.7%
-640.3%
-$10M
$0
$41M
Jun '21
$981330
-$53M
63.0%
-646.1%
-$11M
$0
$48M
Mar '21
$799032
-$5M
84.1%
-635.0%
-$3M
$492100
$62M
Valuation over time
How the market has priced NVVE against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-sales ratio has fallen from 0.7× (Mar '23) to 0.4× (Jun '26).
Price / sales (P/S)
P/S
Frequently asked questions
Is NVVE growing its revenue and profit?
Over the past 5 years, Nuvve Holding Corp.'s revenue has grown 2.6% per year. These are computed facts, not advice.
How much debt does NVVE have?
As of FY2025, Nuvve Holding Corp. reported $3M of total debt against $5M of cash.
What is NVVE's profit margin?
In FY2025, gross margin was —, operating margin -671.3%, and net margin -642.9%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.