Filing Flows › NeoVolta (NEOV) › Q1 FY26
NeoVolta (NEOV) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Nov 10, 2025
NeoVolta (NEOV) reported revenue of $6.7M for the first quarter fiscal 2026 (Q1 FY26), up 11-fold from a year earlier and +40% from the quarter before. Operating margin was -12.8%, net loss $1.2M (18.7% of revenue).
NeoVolta, Q1 FY26: revenue $6.7M (11× year over year), operating margin -12.8%, net loss $1.2M, operating cash flow −$2.5M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.7M | +40% | 11× |
| Operating profit | −$854K | — | — |
| Net earnings | −$1.2M | — | — |
| Operating cash flow | −$2.5M | — | — |
What changed
Revenue was $6.7M in Q1 FY26, up 1027% year over year and up 40% from the previous quarter.
Gross margin was 23.7%, up 8.0 points from a year earlier. Operating costs exceeded revenue by $854K, an operating margin of -12.8%. Operating expenses grew 130% against revenue growth of 1027%. The fastest-growing cost line was Research & development (+560%). The quarter ended with a net loss of $1.2M, narrower than the previous quarter's $1.6M loss.
Operating cash flow was −$2.5M. Non-cash charges added back $467K of share-based compensation. Working capital and other items used $1.7M.
Questions
What was NeoVolta's revenue in the first quarter fiscal 2026?
NeoVolta (NEOV) reported revenue of $6.7M for the first quarter fiscal 2026 (Q1 FY26), up 11-fold from a year earlier and +40% from the quarter before.
Was NeoVolta profitable in the first quarter fiscal 2026?
Operating loss was $854K (-12.8% of revenue) and net loss $1.2M.
Source: NeoVolta 10-Q on SEC EDGAR.