Filing Flows › NeoVolta (NEOV) › Q3 FY25
NeoVolta (NEOV) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed May 9, 2025
NeoVolta (NEOV) reported revenue of $2.0M for the third quarter fiscal 2025 (Q3 FY25), +609% from a year earlier and +88% from the quarter before. Operating margin was -68.1%, net loss $1.4M (72.0% of revenue).
NeoVolta, Q3 FY25: revenue $2.0M (+609% year over year), operating margin -68.1%, net loss $1.4M, operating cash flow −$2.1M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.0M | +88% | +609% |
| Operating profit | −$1.4M | — | — |
| Net earnings | −$1.4M | — | — |
| Operating cash flow | −$2.1M | — | — |
What changed
Revenue was $2.0M in Q3 FY25, up 609% year over year and up 88% from the previous quarter.
Gross margin was 25.5%, down 33.0 points from a year earlier. Operating costs exceeded revenue by $1.4M, an operating margin of -68.1%. Operating expenses grew 146% against revenue growth of 609%. The fastest-growing cost line was Research & development (+169%). The quarter ended with a net loss of $1.4M, wider than the previous quarter's $1.0M loss.
Operating cash flow was −$2.1M. Non-cash charges added back $888K of share-based compensation. Working capital and other items used $1.5M.
Questions
What was NeoVolta's revenue in the third quarter fiscal 2025?
NeoVolta (NEOV) reported revenue of $2.0M for the third quarter fiscal 2025 (Q3 FY25), +609% from a year earlier and +88% from the quarter before.
Was NeoVolta profitable in the third quarter fiscal 2025?
Operating loss was $1.4M (-68.1% of revenue) and net loss $1.4M.
Source: NeoVolta 10-Q on SEC EDGAR.