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
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 |