NeoVolta (NEOV) Operating Expenses (2021 - 2026)

NeoVolta (NEOV) reported Operating Expenses of $3.6 million for Q1 2026, up 88.47% year-over-year from $1.9 million in Q1 2025, and down 32.3% quarter-over-quarter 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.

  • Operating Expenses for Q1 2026 came in at $3.6 million, up 88.47% year-over-year; the trailing twelve-month figure through Mar 2026 was $13.2 million (up 166.65% YoY), and the FY2025 annual result was $6.2 million, up 118.55% from the prior year.
  • Operating Expenses slipped to $3.6 million in Q1 2026 per NEOV's latest filing, from $5.2 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $5.2 million in Q4 2025 and troughed at $555160.0 in Q3 2023.
  • A 5-year average of $1.5 million and a median of $1.1 million in 2024 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2022 and 2025: Operating Expenses plunged 74.25% in 2022, then surged 313.04% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $1.1 million in 2022, then dropped 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 plunged by 32.3% to $3.6 million in 2026.
  • Business Quant data shows NEOV's Operating Expenses at $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 Novonix 479.97 Bn 479.92 Bn - -
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn 451.80 Mn
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn 153.35 Mn
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn 249.90 Mn
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn 241.50 Mn
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn 132.60 Mn
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn 30.13 Mn
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn 16.90 Mn
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn 387.40 Mn
10 NeoVolta 62.31 Mn 50.83 Mn 927,823.00 3.55 Mn

Historic Data

Download Data
DateValue
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