Neonode (NEON) Asset Utilization Ratio (2011 - 2026)
Neonode's Asset Utilization Ratio was 0.08 in Q2 2026, down 48.3% from 0.16 a year earlier but up 0.7% from the prior quarter.
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Analysis
Neonode (NEON) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
For FY2025, Asset Utilization Ratio at Neonode came in at 0.09, down 45.2% from FY2024.
- Asset Utilization Ratio has now declined for ten consecutive years.
- In earlier years, Asset Utilization Ratio was 0.17 in FY2024 (-12.7%), 0.19 in FY2023 (-25.8%), 0.26 in FY2022 (-13.0%) and 0.30 in FY2021 (-40.8%).
- Quarterly Asset Utilization Ratio has moved between 0.07 (Q4 2025) and 0.61 (Q3 2021) over five years.
- Compared with a year earlier, Asset Utilization Ratio has declined for 19 straight quarters, with an average decline of 32.7% over the last eight quarters.
- The best year-over-year quarter for Asset Utilization Ratio over five years was Q3 2021 (growth of 32.2%); the worst was Q4 2025 (a decline of 57.7%).
- Per Business Quant data, NEON's Asset Utilization Ratio in the three quarters before Q2 2026 was 0.08 (Q1 2026), 0.07 (Q4 2025) and 0.09 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 316.55 Bn | 301.63 Bn | 2.30 Bn | 0.24 |
| 2 | CrowdStrike Holdings | 269.03 Bn | 249.47 Bn | 1.10 Bn | 0.46 |
| 3 | Fortinet | 129.08 Bn | 115.01 Bn | 1.64 Bn | 0.73 |
| 4 | Snowflake | 116.42 Bn | 103.73 Bn | 1.04 Bn | 0.63 |
| 5 | Datadog | 96.40 Bn | 78.04 Bn | 881.34 Mn | 0.55 |
| 6 | Okta | 34.24 Bn | 24.34 Bn | 641.00 Mn | 0.33 |
| 7 | Axon Enterprise | 34.08 Bn | 28.61 Bn | 546.45 Mn | 0.44 |
| 8 | Zscaler | 32.34 Bn | 18.46 Bn | - | - |
| 9 | Baidu | 29.50 Bn | -44.13 Bn | 1.47 Mn | 0.27 |
| 10 | Neonode | 15.10 Mn | -66.39 Mn | 468,000.00 | 0.08 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.08 |
| Mar 31, 2026 | 0.08 |
| Dec 31, 2025 | 0.07 |
| Sep 30, 2025 | 0.09 |
| Jun 30, 2025 | 0.16 |
| Mar 31, 2025 | 0.16 |
| Dec 31, 2024 | 0.16 |
| Sep 30, 2024 | 0.18 |
| Jun 30, 2024 | 0.20 |
| Mar 31, 2024 | 0.20 |
| Dec 31, 2023 | 0.18 |
| Sep 30, 2023 | 0.20 |
| Jun 30, 2023 | 0.20 |
| Mar 31, 2023 | 0.23 |
| Dec 31, 2022 | 0.29 |
| Sep 30, 2022 | 0.29 |
| Jun 30, 2022 | 0.25 |
| Mar 31, 2022 | 0.25 |
| Dec 31, 2021 | 0.35 |
| Sep 30, 2021 | 0.61 |
API Access
Neonode Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=NEON&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "NEON", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=NEON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();