NeoVolta (NEOVW) Operating Expenses (2021 - 2026)
NeoVolta (NEOVW) 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 (NEOVW) Operating Expenses (2021 - 2026) Analysis & Trends
NeoVolta (NEOVW) 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 NEOVW'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 NEOVW'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 | 395.03 Bn | 394.98 Bn | - | - |
| 2 | Vertiv Holdings | 110.52 Bn | 108.02 Bn | 999.70 Mn | 451.80 Mn |
| 3 | Bloom Energy | 73.12 Bn | 70.66 Bn | 225.54 Mn | 153.35 Mn |
| 4 | nVent Electric | 26.38 Bn | 26.19 Bn | 445.60 Mn | 249.90 Mn |
| 5 | Hubbell | 25.79 Bn | 25.28 Bn | 505.30 Mn | 241.50 Mn |
| 6 | Advanced Energy Industries | 11.69 Bn | 11.69 Bn | 200.90 Mn | 132.60 Mn |
| 7 | Ballard Power Systems | 11.51 Bn | 10.98 Bn | 5.64 Mn | 16.90 Mn |
| 8 | Powell Industries | 10.32 Bn | 9.77 Bn | 87.94 Mn | 30.13 Mn |
| 9 | Acuity Inc. (De) | 9.21 Bn | 8.94 Bn | 520.40 Mn | 387.40 Mn |
| 10 | NeoVolta | - | - | 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 |