v3.26.1
Revenue Recognition
3 Months Ended
Mar. 31, 2026
Revenue from Contract with Customer [Abstract]  
Revenue Recognition Revenue Recognition
The disclosures below discuss the Company’s material revenue contracts.
The following table provides information regarding disaggregated revenue:
Three Months Ended March 31,
20262025
Revenue recognized over time:
Services - engineering and others (1)(2)$695,939 $220,492 
Grid services10,422 46,812 
Grants245,928 101,449 
Revenue recognized at point in time:
Products440,831 565,551 
Total revenue$1,393,120 $934,304 
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(1) The three months ended March 31, 2025 amount includes $177,332 of management fees earned related to Fresno EV infrastructure project management which is fully reflected in the provision for credit losses. There is no such amount for March 31, 2026.
(2) The three months ended March 31, 2026 amount includes $441,201 of grid interconnection service revenue from Nuvve Japan subsidiary and $63,029 in related cost of services.
The aggregate amount of revenue for the Company’s existing contracts and grants with customers as of March 31, 2026 expected to be recognized in the future, and classified as deferred revenue on the condensed consolidated balance sheet, for year ended December 31, is as follows (this disclosure does not include revenue related to contracts whose original expected duration is one year or less):
2026 (remaining nine months)$1,479,402 
2027264,874 
2028224,375 
2029179,395 
Thereafter136,542 
Total (1)$2,284,588 
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(1) The revenue recognition is subject to the completion of construction and commissioning of the EV infrastructure.

The following table summarizes the Company’s revenues by geography:
Three Months Ended March 31,
20262025
Revenues:
United States$835,217 $862,639 
Japan540,488 — 
Denmark17,415 71,665
$1,393,120  $934,304