Overview

* Nuvve Q3 2025 revenue fell 16.7% yr/yr to $1.6 mln

* Net loss for Q3 2025 increased to $4.8 mln from $1.6 mln yr/yr

* Company raised $5.6 mln through public offering and debt in Q3 2025

Outlook

* Nuvve ( NVVE ) anticipates expanding its stationary battery business in North America, Europe, and Japan

* Company focuses on battery aggregation services in Japan for commercial and governmental customers

Result Drivers

* SERVICES REVENUE DECLINE - Revenue drop attributed to cessation of management fees from Fresno EV infrastructure project

* PRODUCT REVENUE INCREASE - Higher customer sales orders and shipments drove product revenue growth

* EXPANDED BATTERY PIPELINE - Co expanded stationary battery pipeline, expecting future growth in North America, Europe, and Japan

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 $1.60

Revenue mln

Q3 EPS -$0.24

Q3 Net -$4.80

Income mln

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)