v3.26.1
Revenue Recognition
 6 Months Ended
Jun. 30, 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 June 30,Six Months Ended June 30,
2026202520262025
Revenue recognized over time:
Services - engineering and others (1)(2)$121,803 $154,602 $817,742 $375,094 
Grid services6,534 36,482 16,956 83,294 
Grants182,790 — 428,718 79,610 
Revenue recognized at point in time:
Products915,599 141,905 1,356,430 707,456 
Total revenue$1,226,726 $332,989 $2,619,846 $1,245,454 
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(1) The six months ended June 30, 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 June 30, 2026.
(2) The six months ended June 30, 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 June 30, 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 six months)$1,191,762 
2027615,467 
2028387,053 
2029293,840 
Thereafter182,356 
Total (1)$2,670,478 
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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 June 30,Six Months Ended June 30,
2026202520262025
Revenues:
United States$1,143,112 $258,152 $1,978,329 $1,098,951 
Japan68,872 — 609,360 — 
Denmark14,742 74,83732,157146,503
$1,226,726 $332,989 $2,619,846 $1,245,454