Nuvve Holding Corp. (NVVE) Revenue History
Annual and quarterly revenue from 2018 to present
NVVE Revenue Over Time (2018–2025)
NVVE Revenue Growth History
4 of 7 years with positive growth- FY2018 revenue growth
- N/A
- FY2019 revenue growth
- +83.8%
- FY2020 revenue growth
- -24.6%
- FY2021 revenue growth
- +50.3%
- FY2022 revenue growth
- +84.0%
- FY2023 revenue growth
- +55.1%
- FY2024 revenue growth
- -36.6%
- FY2025 revenue growth
- -19.9%
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2025 | $1.7M | -2.6% |
| Q3 2025 | $1.6M | -16.7% |
| Q2 2025 | $333K | -58.5% |
| Q1 2025 | $934K | +19.8% |
| Q4 2024 | $1.8M | +16.2% |
| Q3 2024 | $1.9M | -29.3% |
| Q2 2024 | $802K | -62.2% |
| Q1 2024 | $780K | -58.0% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2025)
NVVE's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
NVVE Revenue Analysis (2018–2025)
Current Revenue & Growth
As of June 30, 2026, Nuvve Holding Corp. (NVVE) generated trailing twelve-month (TTM) revenue of $4.6 million, reflecting slight decline in growth of -2.6% year-over-year. The most recent quarter (Q4 2025) recorded $1.7 million in revenue, up 8.9% sequentially.
Historical Growth Trajectory
NVVE's 5-year compound annual growth rate (CAGR) stands at +16.9%, indicating consistent double-digit revenue growth. The 3-year CAGR of -7.6% is below the 5-year average, signalling a growth deceleration in recent years. Nuvve Holding Corp.'s highest annual revenue of $8.3 million was recorded in 2023.
Revenue by Segment
NVVE's revenue is primarily driven by Product (64%), Service (25%), and Grant (12%). With over half of revenue concentrated in Product, the company has a focused business model while developing other growth vectors.
Peer Comparison
Compared to Consumer Cyclical sector peers — including EVGO (+51.0% YoY), BLNK (-4.4% YoY), and CHPT (+1.9% YoY) — NVVE has outperformed the peer group in 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 | -2.6% | +16.9% | -678.0% | |
 EVGO | $384M | +51.0% | +96.7% | -28.8% | |
 BLNK | $103M | -4.4% | +75.4% | -72.4% | |
 CHPT | $411M | +1.9% | +22.9% | -51.1% | |
 AMPY | $263M | -21.2% | +5.4% | -1.9% | |
 WAVE | $38,203 | -45.1% | - | -8416.0% |
NVVE Historical Revenue Data (2018–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $4.2M | -19.9% | $1.3M | 31.0% | $-28,710,185 | -678.0% |
| 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% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
8+ years return with dividends reinvested.
DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
NVVE — Frequently Asked Questions
Quick answers to the most common questions about buying NVVE stock.
Is NVVE's revenue growth accelerating or slowing?
NVVE revenue growth is slowing. TTM revenue is $5M, up -2.6% year-over-year — below the 5-year CAGR of +16.9%. The deceleration suggests maturing end-markets or increased competition.
What is NVVE's revenue history from 2018 to 2026?
Nuvve Holding Corp. (NVVE) revenue history spans 2018 to 2026. TTM revenue as of 2026 is $5M, growing at -2.6% YoY. The 5-year CAGR is +16.9%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is NVVE's long-term revenue growth rate (CAGR)?
Nuvve Holding Corp.'s 5-year revenue CAGR of +16.9% reflects the variable nature of its business expansion. As of 2026, the current YoY growth rate of -2.6% is below this long-term average. CAGR is the most reliable measure of sustained revenue momentum for NVVE.
Why does NVVE's quarterly revenue fluctuate?
NVVE quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Nuvve Holding Corp.'s revenue data from 2018 to 2026 shows full historical quarterly detail on this page.
How is NVVE's revenue distributed by segment?
NVVE reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does NVVE's revenue compare to industry peers?
Nuvve Holding Corp. (NVVE) with TTM revenue of $5M and -2.6% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.