Growth Metrics

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% on a QoQ basis from $5.2 million in Q4 2025.

NeoVolta (NEOV) has 6 years of Operating Expenses data on file, last reported at $3.6 million in Q1 2026.

  • Quarterly Operating Expenses rose 88.47% year-over-year to $3.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $13.2 million (up 166.65% YoY) and the FY2025 annual result came in at $6.2 million, up 118.55% from the prior year.
  • Operating Expenses eased to $3.6 million in Q1 2026 per NEOV's latest filing, from $5.2 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $5.2 million in Q4 2025 and bottomed at $555160.0 in Q3 2023.
  • The 5-year median for Operating Expenses is $1.1 million (2024), against an average of $1.5 million.
  • The widest annual swing landed in 2022, when Operating Expenses slumped 74.25%; it then soared 313.04% in 2025.
  • Tracing NEOV's Operating Expenses over 5 years: stood at $1.1 million in 2022, then decreased by 28.37% to $774698.0 in 2023, then jumped by 64.04% to $1.3 million in 2024, then soared by 313.04% to $5.2 million in 2025, then slumped by 32.3% to $3.6 million in 2026.
  • Per Business Quant, the three latest NEOV Operating Expenses figures stand at $3.6 million (Q1 2026), $5.2 million (Q4 2025), and $2.4 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Vertiv Holdings 125.39 Bn 122.89 Bn 999.70 Mn 451.80 Mn
2 Bloom Energy 85.22 Bn 82.75 Bn 225.54 Mn 153.35 Mn
3 nVent Electric 26.63 Bn 26.44 Bn 445.60 Mn 249.90 Mn
4 Hubbell 25.22 Bn 24.72 Bn 505.30 Mn 241.50 Mn
5 Advanced Energy Industries 12.25 Bn 12.25 Bn 200.90 Mn 132.60 Mn
6 Powell Industries 10.16 Bn 9.61 Bn 87.94 Mn 30.13 Mn
7 Acuity Inc. (De) 8.82 Bn 8.55 Bn 520.40 Mn 387.40 Mn
8 EnerSys 8.70 Bn 8.26 Bn 290.87 Mn 19.72 Mn
9 Plug Power 5.25 Bn 4.87 Bn -21.61 Mn 87.88 Mn
10 NeoVolta 3.32 Mn -8.16 Mn 927,823.00 3.55 Mn

Historic Data

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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