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NVVE Financials Nuvve Holding Corp.

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
-$72M -$32M $8M $0 2020 2021 2022 2023 2024 2025
RevenueNet income
Margins (gross / operating / net)
-1729% -821% 88% 0% 2020 2021 2022 2023 2024 2025
GrossOperatingNet
Free cash flow (CFO − capex)
-$35M -$3M $29M $0 2020 2021 2022 2023 2024 2025
Free cash flow
Cash vs total debt
$0 $16M $32M 2020 2021 2022 2023 2024 2025
CashTotal debt
Cash flow: operating / investing / financing
-$34M $13M $60M $0 2020 2021 2022 2023 2024 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
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

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.

Price / sales (P/S)
0.0 1.7 3.4 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
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.