NeoVolta (NEOV) Operating Expenses (2021 - 2026)
NeoVolta (NEOV) posted quarterly 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 reported Operating Expenses for 6 consecutive years, with $3.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 88.47% year-over-year to $3.6 million; the TTM figure through Mar 2026 stood at $13.2 million (up 166.65% YoY), while the FY2025 annual figure was $6.2 million, up 118.55% from the prior year.
- Operating Expenses fell 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.
- Historically, Operating Expenses has averaged $1.5 million across 5 years, with a median of $1.1 million in 2024.
- Annual changes were most pronounced in 2022 — Operating Expenses plunged 74.25% — and 2025, when it surged 313.04%.
- NeoVolta's Operating Expenses stood at $1.1 million in 2022, then declined 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 sank 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 100.83 Bn | 97.72 Bn | 1.23 Bn | 490.50 Mn |
| 2 | Bloom Energy | 57.56 Bn | 54.89 Bn | 355.57 Mn | 173.34 Mn |
| 3 | Hubbell | 24.89 Bn | 24.50 Bn | 613.00 Mn | 264.40 Mn |
| 4 | nVent Electric | 24.60 Bn | 24.35 Bn | 558.00 Mn | 257.30 Mn |
| 5 | Advanced Energy Industries | 11.11 Bn | 9.69 Bn | 236.10 Mn | 141.00 Mn |
| 6 | Acuity Inc. (De) | 10.38 Bn | 9.97 Bn | 606.40 Mn | 413.10 Mn |
| 7 | Powell Industries | 7.20 Bn | 6.57 Bn | 95.30 Mn | 31.00 Mn |
| 8 | EnerSys | 6.92 Bn | 6.39 Bn | 313.36 Mn | 151.24 Mn |
| 9 | Plug Power | 3.17 Bn | 2.85 Bn | -1.68 Mn | 62.43 Mn |
| 10 | NeoVolta | 135.04 Mn | 123.56 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 |