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NEOV logoNeoVolta Inc.(NEOV)Earnings, Financials & Key Ratios

NEOV•NASDAQ
$2.51
$91M mkt cap·Price updated May 6, 2026
SectorIndustrialsIndustryElectrical EquipmentSub-IndustryBattery Packs and Energy Storage Systems
AboutNeoVolta Inc. designs, manufactures, and sells energy storage systems in the United States. It offers NV14 and NV 24 energy storage systems to store and use energy through batteries and an inverter at residential or commercial sites. The company markets and sells its products directly to certified solar installers and solar equipment distributors. NeoVolta Inc. was founded in 2018 and is headquartered in Poway, California.Show more
  • Revenue$8M+218.6%
  • EBITDA-$5M-143.4%
  • Net Income-$5M-118.6%
  • EPS (Diluted)-0.15-116.5%
  • Gross Margin17.88%-7.3%
  • EBITDA Margin-55.01%+23.6%
  • Operating Margin-55.97%+36.7%
  • Net Margin-59.74%+31.4%
  • ROE-134.16%-222.2%
  • ROIC-79.92%-84.1%
  • Debt/Equity1.07
  • Interest Coverage-14.72
Technical→

NEOV Key Insights

NeoVolta Inc. (NEOV) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Strong 5Y sales CAGR of 33.2%
  • ✓Efficient asset utilization: 1.2x turnover

✗Weaknesses

  • ✗Weak Piotroski F-Score: 3/9
  • ✗Negative free cash flow
  • ✗Trading more than 30% below 52-week high
  • ✗Expensive at 29.0x book value

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

NEOV Price & Volume

NeoVolta Inc. (NEOV) stock price & volume — 10-year historical chart

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NEOV Growth Metrics

NeoVolta Inc. (NEOV) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years33.17%
3 Years23.5%
TTM615.3%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM-203.64%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM-193.97%

Return on Capital

10 Years-199.55%
5 Years-130.08%
3 Years-73.17%
Last Year-119.57%

NEOV Recent Earnings

NeoVolta Inc. (NEOV) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 1/12 qtrs (8%)●Beat Revenue 6/12 qtrs (50%)
Q1 2026Latest
Feb 13, 2026
EPS
$0.16
Est $0.04
-300.0%
Revenue
$5M
Est $4M
+4.5%
Q4 2025
Nov 10, 2025
EPS
$0.04
Est $0.04
+0.0%
Revenue
$7M
Est $3M
+155.8%
Q4 2025
Sep 29, 2025
EPS
$0.05
Est $0.01
-400.0%
Revenue
$5M
Est $4M
+10.5%
Q2 2025
May 9, 2025
EPS
$0.04
Est $0.02
-100.0%
Revenue
$2M
Est $2M
+0.7%
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q1 2026LatestFeb 13, 2026
$0.16vs $0.04-300.0%
$5Mvs $4M+4.5%
Q4 2025Nov 10, 2025
$0.04vs $0.04+0.0%
$7Mvs $3M+155.8%
Q4 2025Sep 29, 2025
$0.05vs $0.01-400.0%
$5Mvs $4M+10.5%
Q2 2025May 9, 2025
$0.04vs $0.02-100.0%
$2Mvs $2M+0.7%
Based on last 12 quarters of dataView full earnings history →

NEOV Peer Comparison

NeoVolta Inc. (NEOV) competitors in Battery Packs and Energy Storage Systems — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
GNRC logoGNRCGenerac Holdings Inc.Direct Competitor15.69B267.4299.41-2.02%4.37%7.18%0.51
STEM logoSTEMStem, Inc.Direct Competitor91.07M10.69-1.168.08%94.16%
SHLS logoSHLSShoals Technologies Group, Inc.Direct Competitor1.4B8.3341.6519.07%6.27%5.67%0.29
ENPH logoENPHEnphase Energy, Inc.Product Competitor4.72B35.8027.7510.72%9.64%13.28%1.14
SPWR logoSPWRSunPower Inc.Product Competitor874.51M1.03-15.402.92%-13.21%
RUN logoRUNSunrun Inc.Product Competitor3.01B12.837.5045.11%17.9%12.42%2.99
TSLA logoTSLATesla, Inc.Supply Chain1.5T398.53369.01-2.93%3.96%4.75%0.10
SEDG logoSEDGSolarEdge Technologies, Inc.Supply Chain2.47B40.61-5.8931.39%-28.56%-79.58%0.99

Compare NEOV vs Peers

NeoVolta Inc. (NEOV) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs GNRC

Most directly comparable listed peer for NEOV.

Scale Benchmark

vs TSLA

Larger-name benchmark to compare NEOV against a more recognizable public peer.

Peer Set

Compare Top 5

vs GNRC, STEM, SHLS, ENPH

NEOV Income Statement

NeoVolta Inc. (NEOV) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemJun'18Jun'19Jun'20Jun'21Jun'22Jun'23Jun'24Jun'25TTM
Sales/Revenue002.01M4.82M4.47M3.46M2.65M8.43M18.06M
Revenue Growth %---139.78%-7.26%-22.75%-23.46%218.59%615.3%
Cost of Goods Sold001.77M4.18M3.81M2.77M2.13M6.92M14.73M
COGS % of Revenue--88.14%86.57%85.09%80.09%80.71%82.12%-
Gross Profit
0▲ 0%
0▲ 0%
238.59K▲ 0%
647.72K▲ 171.5%
667.13K▲ 3.0%
688K▲ 3.1%
510.35K▼ 25.8%
1.51M▲ 195.2%
3.33M▲ 0%
Gross Margin %--11.86%13.43%14.91%19.91%19.29%17.88%18.45%
Gross Profit Growth %---171.47%3%3.13%-25.82%195.23%-
Operating Expenses300.29K822.31K1.67M8.3M6.42M3.32M2.85M6.22M11.47M
OpEx % of Revenue--83.01%172.05%143.57%96.18%107.65%73.85%-
Selling, General & Admin240.28K594.17K1.51M8.26M6.35M3.29M2.83M6.07M11.24M
SG&A % of Revenue--74.92%171.16%142.03%95.31%106.92%71.98%-
Research & Development60K228.15K162.7K42.8K68.5K29.94K19.15K157.31K222.07K
R&D % of Revenue--8.09%0.89%1.53%0.87%0.72%1.87%-
Other Operating Expenses000000000
Operating Income
-300.29K▲ 0%
-822.31K▼ 173.8%
-1.43M▼ 74.1%
-7.65M▼ 434.5%
-5.76M▲ 24.8%
-2.64M▲ 54.2%
-2.34M▲ 11.3%
-4.72M▼ 101.8%
-8.13M▲ 0%
Operating Margin %---71.15%-158.62%-128.65%-76.27%-88.35%-55.97%-45.04%
Operating Income Growth %--173.84%-74.06%-434.54%24.78%54.2%11.33%-101.81%-
EBITDA033-7.63M0-1.11M-1.9M-4.64M-7.95M
EBITDA Margin %--0%-158.17%--32.02%-72.01%-55.01%-43.99%
EBITDA Growth %--0%-99999900%100%--72.14%-143.39%-172.77%
D&A (Non-Cash Add-back)300.29K822.31K1.43M21.78K5.76M1.53M432.36K80.57K188.53K
EBIT-300.29K-822.31K-1.43M-7.62M-5.76M-2.64M-2.3M-4.71M-8.13M
Net Interest Income000-24.52K-49.54K-4.13K33.64K-318.41K-888.86K
Interest Income5.09K13.78K25.3K00033.64K2.01K842
Interest Expense013.78K25.3K24.52K49.54K4.13K0320.42K889.71K
Other Income/Expense-5.09K-13.79K-25.3K5.08K-49.54K-4.13K33.64K-318.41K-1.75M
Pretax Income
-305.37K▲ 0%
-836.1K▼ 173.8%
-1.46M▼ 74.2%
-7.65M▼ 424.9%
-5.8M▲ 24.1%
-2.64M▲ 54.5%
-2.3M▲ 12.7%
-5.03M▼ 118.6%
-9.88M▲ 0%
Pretax Margin %---72.41%-158.51%-129.76%-76.39%-87.08%-59.74%-54.71%
Income Tax000000000
Effective Tax Rate %0%0%0%0%0%0%0%0%0%
Net Income
-305.37K▲ 0%
-836.1K▼ 173.8%
-1.46M▼ 74.2%
-7.67M▼ 426.6%
-5.8M▲ 24.3%
-2.64M▲ 54.5%
-2.3M▲ 12.7%
-5.03M▼ 118.6%
-9.88M▲ 0%
Net Margin %---72.41%-159.02%-129.76%-76.39%-87.08%-59.74%-54.71%
Net Income Growth %--173.8%-74.22%-426.59%24.32%54.52%12.75%-118.58%-203.64%
Net Income (Continuing)-305.37K-836.1K-1.46M-7.65M-5.8M-2.64M-2.3M-5.03M-9.88M
Discontinued Operations000000000
Minority Interest000000000
EPS (Diluted)
-2.90▲ 0%
-0.20▲ 93.1%
-0.12▲ 40.0%
-0.43▼ 258.3%
-0.28▲ 34.9%
-0.08▲ 70.6%
-0.07▲ 15.9%
-0.15▼ 116.5%
-0.28▲ 0%
EPS Growth %-93.1%40%-258.33%34.88%70.57%15.9%-116.45%-193.97%
EPS (Basic)-2.90-0.20-0.12-0.43-0.28-0.08-0.07-0.15-
Diluted Shares Outstanding105.3K4.18M12.4M17.89M20.55M32.03M33.21M33.59M35.01M
Basic Shares Outstanding105.3K4.18M12.4M17.89M20.55M32.03M33.21M33.59M35.01M
Dividend Payout Ratio---------

NEOV Balance Sheet

NeoVolta Inc. (NEOV) balance sheet — assets, liabilities & shareholders' equity

Line itemJun'18Jun'19Jun'20Jun'21Jun'22Jun'23Jun'24Jun'25TTM
Total Current Assets55.07K4.2M3.4M3.26M4.13M6.51M4.66M6.66M7.78M
Cash & Short-Term Investments55.07K3.14M1.31M425.68K330.38K2M986.43K794.84K242.43K
Cash Only55.07K3.14M1.31M425.68K330.38K2M986.43K794.84K242.43K
Short-Term Investments000000000
Accounts Receivable00391.11K1.13M1.32M1.83M1.81M2.98M5.31M
Days Sales Outstanding--70.9685.39107.52192.9249.21129.2480.13
Inventory0993.91K1.55M1.66M2.24M2.58M1.79M2.14M1.86M
Days Inventory Outstanding--319.76145.29214.63340.31305.6112.7648.03
Other Current Assets00000076.81K748.04K376.58K
Total Non-Current Assets0000000140.54K2.33M
Property, Plant & Equipment0000000140.54K965.98K
Fixed Asset Turnover-------59.96x60.40x
Goodwill000000000
Intangible Assets0000000140.54K0
Long-Term Investments000000000
Other Non-Current Assets0000000-140.54K1.13M
Total Assets
55.07K▲ 0%
4.2M▲ 7532.0%
3.4M▼ 19.0%
3.26M▼ 4.2%
4.13M▲ 26.5%
6.51M▲ 57.7%
4.66M▼ 28.4%
6.81M▲ 46.1%
10.11M▲ 0%
Asset Turnover--0.59x1.48x1.08x0.53x0.57x1.24x2.32x
Asset Growth %-7532.01%-19.02%-4.16%26.46%57.71%-28.43%46.14%312.22%
Total Current Liabilities20.51K43.1K25.28K94.25K1.45M39.49K61.1K3.51M3.71M
Accounts Payable032.06K3.66K53.51K205.6K05.32K689.22K417.26K
Days Payables Outstanding--0.754.6819.72-0.9136.357.76
Short-Term Debt00001.07M002.6M2.96M
Deferred Revenue (Current)000000000
Other Current Liabilities00000000747.56K
Current Ratio2.69x97.51x134.62x34.61x2.84x164.74x76.21x1.90x1.90x
Quick Ratio2.69x74.45x73.19x16.98x1.30x99.40x46.96x1.29x1.29x
Cash Conversion Cycle--389.97226302.43-553.9205.65120.4
Total Non-Current Liabilities104.7K2.51K44.04K19.31K53.72K00383.54K1.4M
Long-Term Debt104.7K2.51K44.04K19.31K53.72K00383.54K633.54K
Capital Lease Obligations000000000
Deferred Tax Liabilities000000000
Other Non-Current Liabilities00000000769.09K
Total Liabilities125.21K45.61K69.32K113.56K1.51M39.49K61.1K3.9M5.11M
Total Debt104.7K2.51K44.04K19.31K1.12M003.13M3.59M
Net Debt49.63K-3.14M-1.27M-406.37K791.33K-2M-986.43K2.33M3.35M
Debt / Equity-0.00x0.01x0.01x0.43x--1.07x1.07x
Debt / EBITDA-835.33x14679.00x------0.45x
Net Debt / EBITDA--999999.00x-421755.67x------0.42x
Interest Coverage--59.66x-56.58x-312.02x-116.17x-637.57x--14.72x-9.14x
Total Equity
-70.14K▲ 0%
4.16M▲ 6027.5%
3.33M▼ 19.8%
3.15M▼ 5.6%
2.62M▼ 16.9%
6.47M▲ 147.1%
4.6M▼ 28.9%
2.91M▼ 36.7%
5M▲ 0%
Equity Growth %-6027.54%-19.79%-5.57%-16.88%147.07%-28.93%-36.68%-55.87%
Book Value per Share-0.670.990.270.180.130.200.140.090.14
Total Shareholders' Equity-70.14K4.16M3.33M3.15M2.62M6.47M4.6M2.91M5M
Common Stock26011.52K14.42K19.64K21.98K33.16K33.24K34.13K36.2K
Retained Earnings-101.79K-937.89K-2.39M-10.04M-15.8M-18.44M-20.74M-25.78M-32.56M
Treasury Stock000000000
Accumulated OCI000000000
Minority Interest000000000

NEOV Cash Flow Statement

NeoVolta Inc. (NEOV) cash flow — operating, investing & free cash flow history

Line itemJun'18Jun'19Jun'20Jun'21Jun'22Jun'23Jun'24Jun'25TTM
Cash from Operations-240.38K-1.79M-1.86M-883.62K-1.16M-2.11M-1.02M-4.43M-4.43M
Operating CF Margin %---92.37%-18.32%-26%-61%-38.42%-52.52%-
Operating CF Growth %--643.1%-4.03%52.45%-31.65%-81.21%51.79%-335.45%-4042.39%
Net Income-305.37K-836.1K-1.46M-7.65M-5.8M-2.64M-2.3M-5.03M-9.88M
Depreciation & Amortization00021.78K00080.57K269.1K
Stock-Based Compensation3.46K87.67K616.67K7.44M5.31M1.53M432.37K2.1M3.91M
Deferred Taxes000000000
Other Non-Cash Items56.44K1.07M21.78K-29.6K0490K630K-94.25K1.32M
Working Capital Changes5.09K-1.04M-1.04M-667.32K-666.27K-1.49M224.58K-1.48M-3.17M
Change in Receivables00-391.11K-737.33K-189.29K-998.65K-519.6K-1.63M-4.16M
Change in Inventory0-993.91K-559.38K-108.84K-576.07K-342.36K703.26K131.86K660.05K
Change in Payables013.25K-28.4K49.85K152.09K-205.6K5.32K683.9K378.8K
Cash from Investing00000000-500K
Capital Expenditures000000000
CapEx % of Revenue----0%----
Acquisitions000000000
Investments---------
Other Investing00000000-500K
Cash from Financing405.59K4.87M29.6K01.07M3.78M04.23M7.97M
Debt Issued (Net)0029.6K01.07M002.99M4.14M
Equity Issued (Net)000001000K01000K1000K
Dividends Paid000000000
Share Repurchases000000000
Other Financing405.59K4.87M0000002.74M
Net Change in Cash
165.21K▲ 0%
3.08M▲ 1766.0%
-1.83M▼ 159.3%
-883.62K▲ 51.7%
-95.3K▲ 89.2%
1.67M▲ 1855.0%
-1.02M▼ 160.8%
-191.59K▲ 81.1%
-86.31K▲ 0%
Free Cash Flow
-240.38K▲ 0%
-1.79M▼ 643.1%
-1.86M▼ 4.0%
-883.62K▲ 52.4%
-1.16M▼ 31.7%
-2.11M▼ 81.2%
-1.02M▲ 51.8%
-4.43M▼ 335.5%
-7.55M▲ 0%
FCF Margin %---92.37%-18.32%-26%-61%-38.42%-52.52%-41.82%
FCF Growth %--643.1%-4.03%52.45%-31.65%-81.21%51.79%-335.45%-284.51%
FCF per Share-2.28-0.43-0.15-0.05-0.06-0.07-0.03-0.13-0.13
FCF Conversion (FCF/Net Income)0.79x2.14x1.28x0.12x0.20x0.80x0.44x0.88x0.76x
Interest Paid00000000290.86K
Taxes Paid000000000

NEOV Key Ratios

NeoVolta Inc. (NEOV) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric2019202020212022202320242025TTM
Return on Equity (ROE)-40.91%-38.89%-236.63%-201.35%-58.12%-41.64%-134.16%-197.52%
Return on Invested Capital (ROIC)-123.17%-69.46%-238.53%-140.35%-50.22%-43.42%-79.92%-79.92%
Gross Margin-11.86%13.43%14.91%19.91%19.29%17.88%18.45%
Net Margin--72.41%-159.02%-129.76%-76.39%-87.08%-59.74%-54.71%
Debt / Equity0.00x0.01x0.01x0.43x--1.07x1.07x
Interest Coverage-59.66x-56.58x-312.02x-116.17x-637.57x--14.72x-9.14x
FCF Conversion2.14x1.28x0.12x0.20x0.80x0.44x0.88x0.76x
Revenue Growth--139.78%-7.26%-22.75%-23.46%218.59%615.3%

NEOV SEC Filings & Documents

NeoVolta Inc. (NEOV) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Mar 27, 2026·SEC

Material company update

Feb 25, 2026·SEC

Material company update

Feb 5, 2026·SEC

10-K Annual Reports

4
FY 2025

Sep 29, 2025·SEC

FY 2024

Sep 27, 2024·SEC

FY 2023

Sep 22, 2023·SEC

10-Q Quarterly Reports

6
FY 2026

Feb 13, 2026·SEC

FY 2025

Nov 10, 2025·SEC

FY 2025

May 9, 2025·SEC

NEOV Frequently Asked Questions

NeoVolta Inc. (NEOV) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

NeoVolta Inc. (NEOV) reported $18.1M in revenue for fiscal year 2025.

NeoVolta Inc. (NEOV) grew revenue by 218.6% over the past year. This is strong growth.

NeoVolta Inc. (NEOV) reported a net loss of $9.9M for fiscal year 2025.

Dividend & Returns

NeoVolta Inc. (NEOV) has a return on equity (ROE) of -134.2%. Negative ROE indicates the company is unprofitable.

NeoVolta Inc. (NEOV) had negative free cash flow of $7.6M in fiscal year 2025, likely due to heavy capital investments.

Explore More NEOV

NeoVolta Inc. (NEOV) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

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DCA Calculator

Dollar cost averaging vs lump sum

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Dividend History

Yield, growth, payout safety & DRIP

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Earnings History

EPS trends, net income & profitability

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Price History

Long-term charts & historical price data

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Revenue History

Sales growth patterns & revenue breakdown

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Financial Ratios

30 years of market, efficiency and balance-sheet ratios

→

Valuation

DCF intrinsic value, peer multiples & estimates

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