NeoVolta (NEOV) Gross Margin (2021 - 2026)

NeoVolta's (NEOV) quarterly Gross Margin came in at 45.85% in Q1 2026, up 2030.0% year-on-year from 2.15% in Q1 2025, and up 175.7% on a QoQ basis from 16.63% in Q4 2025.

NeoVolta (NEOV) Gross Margin (2021 - 2026) Analysis & Trends

NeoVolta (NEOV) has 6 years of Gross Margin data on file, last reported at 45.85% in Q1 2026.

  • On a quarterly basis, Gross Margin rose 2030.0% year-over-year to 45.85% in Q1 2026; TTM through Mar 2026 was 21.32%, a 97.0% decrease from a year earlier, with the FY2025 full-year figure at 17.88%, down 141.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 45.85%, up from 16.63% in the prior quarter.
  • Over the last five years, Gross Margin for NEOV reached as high as 58.52% in Q1 2024 and fell as low as 2.96% in Q2 2024.
  • Historically, Gross Margin has averaged 22.22% across 5 years, with a median of 16.57% in 2022.
  • Across the five-year window, Gross Margin soared 4394 bps in 2024 and slumped 3298 bps in 2025, its largest moves.
  • Year by year, Gross Margin stood at 16.57% in 2022, then gained by 22 bps to 20.23% in 2023, then jumped by 49 bps to 30.23% in 2024, then slumped by 45 bps to 16.63% in 2025, then jumped by 176 bps to 45.85% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 45.85% in Q1 2026, 16.63% in Q4 2025, and 23.72% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn 33.45%
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn 37.73%
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn 30.03%
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn 33.32%
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn 35.88%
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn 39.32%
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn 50.62%
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn 29.65%
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn 29.44%
10 NeoVolta 90.03 Mn 78.54 Mn 927,823.00 45.85%

Historic Data

Download Data
DateValue
Mar 31, 2026 45.85%
Dec 31, 2025 16.63%
Sep 30, 2025 23.72%
Jun 30, 2025 12.11%
Mar 31, 2025 25.55%
Dec 31, 2024 30.23%
Sep 30, 2024 15.73%
Jun 30, 2024 2.96%
Mar 31, 2024 58.52%
Dec 31, 2023 20.23%
Sep 30, 2023 15.86%
Jun 30, 2023 35.52%
Mar 31, 2023 14.59%
Dec 31, 2022 16.57%
Sep 30, 2022 15.99%
Jun 30, 2022 14.66%
Mar 31, 2022 13.11%
Dec 31, 2021 16.75%
Sep 30, 2021 14.92%