Nuvve Holding Corp. (NVVE) Revenue History
Annual and quarterly revenue from 2018 to 2024
Compound Annual Growth Rate (CAGR)
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NVVE Revenue Growth
Revenue Breakdown (FY 2024)
NVVE's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
NVVE Revenue Analysis (2018–2024)
As of May 8, 2026, Nuvve Holding Corp. (NVVE) generated trailing twelve-month (TTM) revenue of $4.7 million, reflecting significant decline in growth of -16.7% year-over-year. The most recent quarter (Q3 2025) recorded $1.6 million in revenue, up 380.1% sequentially.
Looking at the longer-term picture, NVVE's 5-year compound annual growth rate (CAGR) stands at +15.4%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $8.3 million in 2023.
Revenue diversification analysis shows NVVE's business is primarily driven by Product (49%), Service (44%), and Grant (8%).
When compared to Consumer Cyclical sector peers including EVGO (+51.0% YoY), BLNK (-22.3% YoY), and CHPT (-1.4% YoY), NVVE has underperformed the peer group in terms of revenue growth. Compare NVVE vs EVGO →
NVVE Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| NVVECurrent | $5M | -16.7% | +15.4% | -387.1% | |
 EVGO | $384M | +51.0% | +96.7% | -28.8% | |
 BLNK | $124M | -22.3% | +114.6% | -160.6% | |
 CHPT | $411M | -1.4% | +22.9% | -51.1% | |
 AMPY | $263M | -10.6% | +5.4% | 29.2% | |
 WAVE | $38,203 | -45.1% | - | -8416.0% |
NVVE Historical Revenue Data (2018–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $5.3M | -36.6% | $1.8M | 33.1% | $-20,460,431 | -387.1% |
| 2023 | $8.3M | +55.1% | $1.4M | 16.2% | $-32,105,275 | -385.3% |
| 2022 | $5.4M | +84.0% | $1.2M | 21.9% | $-36,915,544 | -687.0% |
| 2021 | $2.9M | +50.3% | $918K | 31.4% | $-27,231,802 | -932.4% |
| 2020 | $1.9M | -24.6% | $1.4M | 73.2% | $-4,687,383 | -241.2% |
| 2019 | $2.6M | +83.8% | $2.0M | 78.9% | $-6,162,070 | -239.0% |
| 2018 | $1.4M | - | $1.3M | 93.9% | $-7,866,889 | -560.9% |
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Start ComparisonNVVE — Frequently Asked Questions
Quick answers to the most common questions about buying NVVE stock.
Is NVVE's revenue growth accelerating or slowing?
NVVE revenue declined -16.7% year-over-year, contrasting with the 5-year CAGR of +15.4%. TTM revenue fell to $5M. This reverses the prior growth trend.
What is NVVE's long-term revenue growth rate?
Nuvve Holding Corp.'s 5-year revenue CAGR of +15.4% reflects the variable expansion pattern. Current YoY growth of -16.7% is below this long-term average.
How is NVVE's revenue distributed by segment?
NVVE reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2018-2024 are available for download. Segment mix reveals concentration and diversification trends.