NeoVolta (NEOV) Operating Expenses (2021 - 2026)
NeoVolta's (NEOV) quarterly Operating Expenses came in at $3.6 million in Q1 2026, up 88.47% year-on-year from $1.9 million in Q1 2025, and down 32.3% on a QoQ basis from $5.2 million in Q4 2025.
NeoVolta (NEOV) Operating Expenses (2021 - 2026) Analysis & Trends
NeoVolta (NEOV) has 6 years of Operating Expenses data on file, last reported at $3.6 million in Q1 2026.
- On a quarterly basis, Operating Expenses rose 88.47% year-over-year to $3.6 million in Q1 2026; TTM through Mar 2026 was $13.2 million, a 166.65% increase from a year earlier, with the FY2025 full-year figure at $6.2 million, up 118.55% from the prior year.
- Operating Expenses for Q1 2026 stood at $3.6 million, down from $5.2 million in the prior quarter.
- Over the last five years, Operating Expenses for NEOV reached as high as $5.2 million in Q4 2025 and fell as low as $555160.0 in Q3 2023.
- Historically, Operating Expenses has averaged $1.5 million across 5 years, with a median of $1.1 million in 2024.
- Across the five-year window, Operating Expenses slumped 74.25% in 2022 and soared 313.04% in 2025, its largest moves.
- Year by year, Operating Expenses stood at $1.1 million in 2022, then retreated by 28.37% to $774698.0 in 2023, then soared by 64.04% to $1.3 million in 2024, then surged by 313.04% to $5.2 million in 2025, then sank by 32.3% to $3.6 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $3.6 million in Q1 2026, $5.2 million in Q4 2025, and $2.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Electrovaya | 404.20 Bn | 404.18 Bn | 6.04 Mn | 2.76 Mn |
| 2 | Vertiv Holdings | 105.92 Bn | 103.42 Bn | 999.70 Mn | 451.80 Mn |
| 3 | Bloom Energy | 50.62 Bn | 48.13 Bn | 225.54 Mn | 153.35 Mn |
| 4 | Hubbell | 25.48 Bn | 24.96 Bn | 505.30 Mn | 241.50 Mn |
| 5 | nVent Electric | 23.39 Bn | 23.20 Bn | 445.60 Mn | 249.90 Mn |
| 6 | Advanced Energy Industries | 10.73 Bn | 10.03 Bn | 200.90 Mn | 132.60 Mn |
| 7 | Acuity Inc. (De) | 10.07 Bn | 9.66 Bn | 606.40 Mn | 413.10 Mn |
| 8 | Powell Industries | 7.86 Bn | 7.31 Bn | 87.94 Mn | 30.13 Mn |
| 9 | EnerSys | 6.92 Bn | 6.48 Bn | 290.87 Mn | 589.73 Mn |
| 10 | NeoVolta | 86.21 Mn | 74.73 Mn | 927,823.00 | 3.55 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.55 Mn |
| Dec 31, 2025 | 5.25 Mn |
| Sep 30, 2025 | 2.43 Mn |
| Jun 30, 2025 | 2.01 Mn |
| Mar 31, 2025 | 1.89 Mn |
| Dec 31, 2024 | 1.27 Mn |
| Sep 30, 2024 | 1.06 Mn |
| Jun 30, 2024 | 750,933.00 |
| Mar 31, 2024 | 766,510.00 |
| Dec 31, 2023 | 774,698.00 |
| Sep 30, 2023 | 555,160.00 |
| Jun 30, 2023 | 577,330.00 |
| Mar 31, 2023 | 724,561.00 |
| Dec 31, 2022 | 1.08 Mn |
| Sep 30, 2022 | 940,328.00 |
| Jun 30, 2022 | 1.24 Mn |
| Mar 31, 2022 | 620,214.00 |
| Dec 31, 2021 | 4.20 Mn |
| Sep 30, 2021 | 360,811.00 |