NeoVolta (NEOV) Gross Margin (2021 - 2026)
NeoVolta (NEOV) posted quarterly Gross Margin of 45.85% for Q1 2026, up 2030.0% year-over-year from 2.15% in Q1 2025, and up 175.7% quarter-over-quarter from 16.63% in Q4 2025.
NeoVolta (NEOV) Gross Margin (2021 - 2026) Analysis & Trends
NeoVolta (NEOV) has reported Gross Margin for 6 consecutive years, with 45.85% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin rose 2030.0% year-over-year to 45.85%; the TTM figure through Mar 2026 stood at 21.32% (down 97.0% YoY), while the FY2025 annual figure was 17.88%, down 141.0% from the prior year.
- Gross Margin rose to 45.85% in Q1 2026 per NEOV's latest filing, from 16.63% in the prior quarter.
- Across five years, Gross Margin topped out at 58.52% in Q1 2024 and bottomed at 2.96% in Q2 2024.
- Historically, Gross Margin has averaged 22.22% across 5 years, with a median of 16.57% in 2022.
- Annual changes were most pronounced in 2024 — Gross Margin surged 4394 bps — and 2025, when it plunged 3298 bps.
- NeoVolta's Gross Margin stood at 16.57% in 2022, then increased by 22 bps to 20.23% in 2023, then surged by 49 bps to 30.23% in 2024, then slumped by 45 bps to 16.63% in 2025, then surged by 176 bps to 45.85% in 2026.
- Business Quant data shows NEOV's Gross Margin at 45.85% in Q1 2026, 16.63% in Q4 2025, and 23.72% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 100.83 Bn | 97.72 Bn | 1.23 Bn | 37.71% |
| 2 | Bloom Energy | 57.56 Bn | 54.89 Bn | 355.57 Mn | 33.38% |
| 3 | Hubbell | 24.89 Bn | 24.50 Bn | 613.00 Mn | 35.81% |
| 4 | nVent Electric | 24.60 Bn | 24.35 Bn | 558.00 Mn | 37.93% |
| 5 | Advanced Energy Industries | 11.11 Bn | 9.69 Bn | 236.10 Mn | 41.13% |
| 6 | Acuity Inc. (De) | 10.38 Bn | 9.97 Bn | 606.40 Mn | 50.62% |
| 7 | Powell Industries | 7.20 Bn | 6.57 Bn | 95.30 Mn | 30.57% |
| 8 | EnerSys | 6.92 Bn | 6.39 Bn | 313.36 Mn | 33.49% |
| 9 | Plug Power | 3.17 Bn | 2.85 Bn | -1.68 Mn | -0.94% |
| 10 | NeoVolta | 135.04 Mn | 123.56 Mn | 927,823.00 | 45.85% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |