Nuvve Holding Corp.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $1.2M
- Price
- $1.23
- % Change (Daily % change from the live per-ticker quote feed.)
- -2.22%
- Volume
- 9.5K
About
Nuvve Holding Corp. provides a commercial vehicle-to-grid (V2G) technology platform. Its Grid Integrated Vehicle (GIVe) platform enables electric vehicle batteries to be linked into a virtual power plant, providing bi-directional services to the electrical grid to support the integration of renewable energy sources.
Quick stats
Shares outstanding993.8K
Computed float73.2K
Float / shares7.4%
Key info
SectorIndustrials
IndustryElectrical Equipment & Parts
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001836875
Websitehttps://www.nuvve.com
AI Summary
AI-generated1/22
majorbearishearnings
Nuvve Provides Second Quarter 2026 Financial Update
Nuvve reported Q2 revenue of $1.23 million, up 268% year-over-year, driven by higher product orders and shipments.
However, gross margins collapsed to 2.6% from 60.6% in the prior year, weighed down by warranty costs and project write-downs, leading to a negative overall products and services margin.
Liquidity remains a critical concern as cash dropped to $0.5 million from $5.5 million at year-end, while the company raised $2.5 million in private placement proceeds during the quarter.
Red flags
- Cash balance dropped to $0.5 million, representing less than one month of operating burn rate
- Gross profit margins collapsed to 2.6% from 60.6% year-over-year
- Products and services margin turned negative (-14.5%) due to warranty costs and write-downs
- Significant internal operational review costs mentioned ($1.0M in legal fees)