NeoVolta (NEOV) Cost of Revenue (2021 - 2026)
NeoVolta (NEOV) posted quarterly Cost of Revenue of $1.1 million for Q1 2026, down 26.92% year-over-year from $1.5 million in Q1 2025, and down 71.7% quarter-over-quarter from $3.9 million in Q4 2025.
NeoVolta (NEOV) Cost of Revenue (2021 - 2026) Analysis & Trends
NeoVolta (NEOV) has reported Cost of Revenue for 6 consecutive years, with $1.1 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Cost of Revenue fell 26.92% year-over-year to $1.1 million; the TTM figure through Mar 2026 stood at $14.2 million (up 329.95% YoY), while the FY2025 annual figure was $6.9 million, up 224.17% from the prior year.
- Cost of Revenue fell to $1.1 million in Q1 2026 per NEOV's latest filing, from $3.9 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $5.1 million in Q3 2025 and bottomed at $117755.0 in Q1 2024.
- Historically, Cost of Revenue has averaged $1.4 million across 5 years, with a median of $773118.0 in 2022.
- Annual changes were most pronounced in 2024 — Cost of Revenue slumped 78.08% — and 2025, when it surged 1173.49%.
- NeoVolta's Cost of Revenue stood at $473159.0 in 2022, then soared by 71.6% to $811955.0 in 2023, then fell by 7.92% to $747670.0 in 2024, then jumped by 418.01% to $3.9 million in 2025, then tumbled by 71.7% to $1.1 million in 2026.
- Business Quant data shows NEOV's Cost of Revenue at $1.1 million in Q1 2026, $3.9 million in Q4 2025, and $5.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 100.83 Bn | 97.72 Bn | 1.23 Bn | 2.04 Bn |
| 2 | Bloom Energy | 57.56 Bn | 54.89 Bn | 355.57 Mn | 709.79 Mn |
| 3 | Hubbell | 24.89 Bn | 24.50 Bn | 613.00 Mn | 1.10 Bn |
| 4 | nVent Electric | 24.60 Bn | 24.35 Bn | 558.00 Mn | 913.30 Mn |
| 5 | Advanced Energy Industries | 11.11 Bn | 9.69 Bn | 236.10 Mn | 338.00 Mn |
| 6 | Acuity Inc. (De) | 10.38 Bn | 9.97 Bn | 606.40 Mn | 591.60 Mn |
| 7 | Powell Industries | 7.20 Bn | 6.57 Bn | 95.30 Mn | 216.44 Mn |
| 8 | EnerSys | 6.92 Bn | 6.39 Bn | 313.36 Mn | 538.65 Mn |
| 9 | Plug Power | 3.17 Bn | 2.85 Bn | -1.68 Mn | 179.97 Mn |
| 10 | NeoVolta | 135.04 Mn | 123.56 Mn | 927,823.00 | 1.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.10 Mn |
| Mar 31, 2026 | 1.10 Mn |
| Dec 31, 2025 | 3.87 Mn |
| Dec 31, 2025 | 3.87 Mn |
| Sep 30, 2025 | 5.07 Mn |
| Sep 30, 2025 | 5.07 Mn |
| Jun 30, 2025 | 4.18 Mn |
| Jun 30, 2025 | 4.18 Mn |
| Mar 31, 2025 | 1.50 Mn |
| Mar 31, 2025 | 1.50 Mn |
| Dec 31, 2024 | 747,670.00 |
| Dec 31, 2024 | 747,670.00 |
| Sep 30, 2024 | 497,389.00 |
| Sep 30, 2024 | 497,389.00 |
| Jun 30, 2024 | 562,057.00 |
| Jun 30, 2024 | 562,057.00 |
| Mar 31, 2024 | 117,755.00 |
| Mar 31, 2024 | 117,755.00 |
| Dec 31, 2023 | 811,955.00 |
| Dec 31, 2023 | 811,955.00 |