NeoVolta NEOV
NASDAQ NEOV
$3.67 -0.24 (-6.01%)
As of: Sep 10, 2026 · 3:59 PM EDT

NeoVolta (NEOV) Asset Utilization Ratio (2022 - 2026)

NeoVolta's (NEOV) quarterly Asset Utilization Ratio came in at 1.01 in Q1 2026, up 15.49% year-over-year from 0.87 in Q1 2025, and down 48.1% quarter-over-quarter from 1.95 in Q4 2025.

Analysis

NeoVolta (NEOV) Asset Utilization Ratio (2022 - 2026) Analysis & Trends

NeoVolta (NEOV) has reported Asset Utilization Ratio for 5 consecutive years, with 1.01 the latest figure, recorded in Q1 2026.

  • On a quarterly basis, Asset Utilization Ratio rose 15.49% year-over-year to 1.01 in Q1 2026; TTM through Mar 2026 was 1.01, a 15.49% increase from a year earlier, with the FY2025 full-year figure at 1.47, up 210.27% from the prior year.
  • Asset Utilization Ratio was 1.01 for Q1 2026 at NeoVolta, down from 1.95 in the prior quarter.
  • Over five years, Asset Utilization Ratio peaked at 1.95 in Q4 2025 and troughed at 0.42 in Q3 2023.
  • A 5-year average of 0.84 and a median of 0.56 in 2024 frame the typical range for Asset Utilization Ratio.
  • Across the five-year window, Asset Utilization Ratio tumbled 42.75% in 2023 and surged 238.49% in 2025, its largest moves.
  • Over 5 years, Asset Utilization Ratio stood at 0.52 in 2022, then rose by 1.0% to 0.53 in 2023, then gained by 16.89% to 0.62 in 2024, then jumped by 214.8% to 1.95 in 2025, then tumbled by 48.1% to 1.01 in 2026.
  • The last three Asset Utilization Ratio figures came in at 1.01 (Q1 2026), 1.95 (Q4 2025), and 1.9 (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 EnerSys 6.54 Bn 6.01 Bn 313.36 Mn 0.95
2 QuantumScape 3.20 Bn 3.20 Bn - -
3 Eos Energy Enterprises 1.35 Bn 1.00 Bn -48.80 Mn 0.25
4 Fluence Energy 1.34 Bn 769.30 Mn 33.24 Mn 1.06
5 Energy Vault Holdings 752.49 Mn 645.13 Mn 5.38 Mn 0.68
6 Enovix 689.37 Mn 689.37 Mn 1.30 Mn 0.04
7 Amprius Technologies 436.15 Mn 361.63 Mn 9.28 Mn 0.78
8 Electrovaya 257.13 Mn 244.05 Mn 6.19 Mn 0.64
9 Microvast Holdings 215.82 Mn 72.70 Mn 25.78 Mn 0.38
10 NeoVolta 147.09 Mn 135.61 Mn 927,823.00 1.01
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2026 1.01
Dec 31, 2025 1.95
Sep 30, 2025 1.90
Jun 30, 2025 1.35
Mar 31, 2025 0.87
Dec 31, 2024 0.62
Sep 30, 2024 0.56
Jun 30, 2024 0.54
Mar 31, 2024 0.51
Dec 31, 2023 0.53
Sep 30, 2023 0.42
Jun 30, 2023 0.52
Mar 31, 2023 0.52
Dec 31, 2022 0.52
Sep 30, 2022 0.74