NeoVolta (NEOV) Research & Development (2021 - 2026)
NeoVolta (NEOV) posted quarterly Research & Development of $403887.0 for Q1 2026, up 1345.19% year-over-year from $27947.0 in Q1 2025, and up 586.94% quarter-over-quarter from $58795.0 in Q4 2025.
NeoVolta (NEOV) Research & Development (2021 - 2026) Analysis & Trends
NeoVolta (NEOV) has reported Research & Development for 6 consecutive years, with $403887.0 the latest figure, recorded in Q1 2026.
- In Q1 2026, Research & Development rose 1345.19% year-over-year to $403887.0; the TTM figure through Mar 2026 stood at $598011.0 (up 582.27% YoY), while the FY2025 annual figure was $157305.0, up 721.26% from the prior year.
- Research & Development grew to $403887.0 in Q1 2026 per NEOV's latest filing, from $58795.0 in the prior quarter.
- Across five years, Research & Development topped out at $403887.0 in Q1 2026 and bottomed at $1290.0 in Q1 2023.
- Historically, Research & Development has averaged $55999.2 across 5 years, with a median of $20900.0 in 2022.
- Annual changes were most pronounced in 2022 — Research & Development plunged 87.56% — and 2026, when it soared 1345.19%.
- NeoVolta's Research & Development stood at $7746.0 in 2022, then tumbled by 83.35% to $1290.0 in 2023, then surged by 3180.93% to $42324.0 in 2024, then surged by 38.92% to $58795.0 in 2025, then jumped by 586.94% to $403887.0 in 2026.
- Business Quant data shows NEOV's Research & Development at $403887.0 in Q1 2026, $58795.0 in Q4 2025, and $56912.0 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 100.83 Bn | 97.72 Bn | 1.23 Bn | - |
| 2 | Bloom Energy | 57.56 Bn | 54.89 Bn | 355.57 Mn | 58.87 Mn |
| 3 | Hubbell | 24.89 Bn | 24.50 Bn | 613.00 Mn | - |
| 4 | nVent Electric | 24.60 Bn | 24.35 Bn | 558.00 Mn | 24.50 Mn |
| 5 | Advanced Energy Industries | 11.11 Bn | 9.69 Bn | 236.10 Mn | 65.00 Mn |
| 6 | Acuity Inc. (De) | 10.38 Bn | 9.97 Bn | 606.40 Mn | - |
| 7 | Powell Industries | 7.20 Bn | 6.57 Bn | 95.30 Mn | 4.30 Mn |
| 8 | EnerSys | 6.92 Bn | 6.39 Bn | 313.36 Mn | - |
| 9 | Plug Power | 3.17 Bn | 2.85 Bn | -1.68 Mn | 13.42 Mn |
| 10 | NeoVolta | 135.04 Mn | 123.56 Mn | 927,823.00 | 403,887.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 403,887.00 |
| Dec 31, 2025 | 58,795.00 |
| Sep 30, 2025 | 56,912.00 |
| Jun 30, 2025 | 78,417.00 |
| Mar 31, 2025 | 27,947.00 |
| Dec 31, 2024 | 42,324.00 |
| Sep 30, 2024 | 8,617.00 |
| Jun 30, 2024 | 8,762.00 |
| Mar 31, 2024 | 10,392.00 |
| Mar 31, 2023 | 1,290.00 |
| Dec 31, 2022 | 7,746.00 |
| Sep 30, 2022 | 20,900.00 |
| Jun 30, 2022 | 2,000.00 |
| Dec 31, 2021 | 62,250.00 |
| Sep 30, 2021 | 4,253.00 |