NEOV · Neovolta Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q3 '26 | Q2 '26 | Q1 '26 | Q2 '25 | Q3 '25 | Q1 '25 | Q2 '24 | Q3 '24 | Q1 '24 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.02M | $4.65M | $6.65M | $1.07M | $2.01M | $590.2K | $1.02M | $283.9K | $764.1K | $567.1K |
| Cost of Revenue | $1.10M | $3.87M | $5.07M | $747.7K | $1.50M | $497.4K | $812.0K | $117.8K | $643.0K | $861.7K |
| Gross Profit | $927.8K | $772.5K | $1.58M | $323.9K | $514.5K | $92.8K | $205.9K | $166.1K | $121.2K | $93.9K |
| R&D | $403.9K | $58.8K | $56.9K | $42.3K | $27.9K | $8.6K | $0 | $10.4K | $0 | $62.3K |
| SG&A | $3.02M | $5.08M | $2.37M | $1.23M | $1.86M | $1.05M | $774.7K | $756.1K | $555.2K | $4.14M |
| Total Operating Expenses | $3.55M | $5.25M | $2.43M | $1.27M | $1.89M | $1.06M | $774.7K | $766.5K | $555.2K | $1.08M |
| D&A | $0 | $0 | - | - | - | - | - | - | - | - |
| Operating Income | ($2.63M) | ($4.48M) | ($854.3K) | ($946.9K) | ($1.37M) | ($965.9K) | ($568.8K) | ($600.4K) | ($434.0K) | ($4.03M) |
| Interest Expense | $51.8K | ($425) | ($140) | $0 | $0 | - | $0 | $0 | $0 | $3.5K |
| Income Tax | - | - | - | - | - | - | - | - | - | - |
| Net Income | ($3.03M) | ($5.54M) | ($1.24M) | ($971.1K) | ($1.45M) | ($964.5K) | ($556.0K) | ($589.5K) | ($428.7K) | ($4.03M) |
| EPS - Basic | ($0.08) | ($0.16) | ($0.04) | ($0.03) | ($0.04) | ($0.03) | ($0.02) | ($0.02) | ($0.01) | ($0.03) |
| EPS - Diluted | ($0.08) | ($0.16) | ($0.04) | ($0.03) | ($0.04) | ($0.03) | ($0.02) | ($0.02) | ($0.01) | ($0.20) |
Balance Sheet
| Line item | Q3 '26 | Q2 '26 | Q1 '26 | Q2 '25 | Q3 '25 | Q1 '25 | Q2 '24 | Q3 '24 | Q1 '24 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $11.48M | $242.4K | $889.8K | $794.8K | $536.0K | $393.4K | $986.4K | $1.01M | $1.82M | $2.00M |
| Accounts Receivable | $6.13M | $5.31M | $5.21M | $2.98M | $2.36M | $1.95M | $1.81M | $1.89M | $2.08M | $1.83M |
| Inventory | $2.19M | $1.86M | $1.48M | $2.14M | $2.28M | $1.77M | $1.79M | $2.14M | $2.23M | $2.58M |
| Accounts Payable | $727.9K | $417.3K | $136.4K | $689.2K | $9.0K | $216.3K | $5.3K | $3.2K | - | $0 |
| Current Assets | $22.23M | $7.78M | $8.36M | $6.66M | $5.71M | $4.15M | $4.66M | $5.15M | $6.17M | $6.51M |
| Total Assets | $25.66M | $10.11M | $8.45M | $6.81M | $5.71M | $4.15M | $4.66M | $5.15M | $6.17M | $6.51M |
| Current Liabilities | $2.74M | $3.71M | $5.68M | $3.51M | $1.50M | $253.8K | $61.1K | $15.1K | $49.4K | $39.5K |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $3.48M | $5.11M | $6.31M | $3.90M | $1.89M | - | - | - | - | $39.5K |
| Stockholders' Equity | $22.18M | $5.00M | $2.13M | $2.91M | $3.83M | $3.90M | $4.60M | $5.14M | $6.12M | $6.47M |
| Retained Earnings | ($35.59M) | ($32.56M) | ($27.02M) | ($25.78M) | ($24.13M) | ($21.71M) | ($20.74M) | ($20.01M) | ($18.87M) | ($18.44M) |
Cash Flow
| Line item | Q3 '26 | Q2 '26 | Q1 '26 | Q2 '25 | Q3 '25 | Q1 '25 | Q2 '24 | Q3 '24 | Q1 '24 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | ($2.49M) | - | - | ($593.0K) | - | - | ($179.1K) | - |
| Investing Cash Flow | - | - | - | - | - | - | - | - | - | - |
| Financing Cash Flow | - | - | $2.59M | - | - | - | - | - | $0 | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q3 '26 | Q2 '26 | Q1 '26 | Q2 '25 | Q3 '25 | Q1 '25 | Q2 '24 | Q3 '24 | Q1 '24 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 45.8% | 16.6% | 23.7% | 30.2% | 25.5% | 15.7% | 20.2% | 58.5% | 15.9% | 16.6% |
| Operating margin | -129.7% | -96.4% | -12.8% | -88.4% | -68.1% | -163.6% | -55.9% | -211.5% | -56.8% | -710.0% |
| EBITDA margin | -129.7% | -96.4% | - | - | - | - | - | - | - | - |
| Net margin | -149.6% | -119.2% | -18.7% | -90.6% | -72.0% | -163.4% | -54.6% | -207.6% | -56.1% | -710.6% |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | 20.0% | 1.3% | 0.9% | 3.9% | 1.4% | 1.5% | 0.0% | 3.7% | 0.0% | 11.0% |
| SG&A / Revenue | 149.3% | 109.4% | 35.7% | 114.6% | 92.2% | 177.9% | 76.1% | 266.3% | 72.7% | 729.6% |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -11.8% | -54.8% | -14.7% | -14.3% | -25.4% | -23.2% | -11.9% | -11.4% | -6.9% | -61.9% |
| Return on equity | -13.7% | -110.7% | -58.3% | -33.4% | -37.9% | -24.8% | -12.1% | -11.5% | -7.0% | -62.3% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 8.10 | 2.10 | 1.47 | 1.90 | 3.80 | 16.35 | 76.21 | 342.35 | 124.99 | 164.74 |
| Quick ratio | 7.30 | 1.60 | 1.21 | 1.29 | 2.29 | 9.39 | 46.96 | 200.37 | 79.89 | 99.40 |
| Cash ratio | 4.18 | 0.07 | 0.16 | 0.23 | 0.36 | 1.55 | 16.14 | 67.37 | 36.93 | 50.72 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -50.7x | 10533.0x | 6102.3x | - | - | - | - | - | - | -1140.6x |
| Equity multiplier | 1.16 | 2.02 | 3.96 | 2.34 | 1.49 | 1.07 | 1.01 | 1.00 | 1.01 | 1.01 |
| Liabilities / Assets | 0.14 | 0.51 | 0.75 | 0.57 | 0.33 | - | - | - | - | 0.01 |
| Efficiency | ||||||||||
| Asset turnover | 0.08 | 0.46 | 0.79 | 0.16 | 0.35 | 0.14 | 0.22 | 0.06 | 0.12 | 0.09 |
| Inventory turnover | 0.50 | 2.09 | 3.43 | 0.35 | 0.66 | 0.28 | 0.45 | 0.06 | 0.29 | 0.33 |
| Days sales outstanding | 1106d | 417d | 286d | 1016d | 427d | 1206d | 648d | 2425d | 991d | 1175d |
| Days inventory outstanding | 731d | 175d | 106d | 1044d | 555d | 1297d | 803d | 6624d | 1264d | 1093d |
| Days payable outstanding | 242d | 39d | 10d | 336d | 2d | 159d | 2d | 10d | - | 0d |
| Cash conversion cycle | 1594d | 553d | 383d | 1724d | 980d | 2345d | 1449d | 9039d | - | 2269d |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | 5.6x | 21.3x | 71.5x | 37.8x | 19.1x | 26.4x | 19.1x | 7.6x | 13.5x | 10.1x |
| P / S | 61.2x | 22.9x | 22.9x | 102.6x | 36.2x | 174.0x | 86.2x | 138.1x | 108.0x | 115.5x |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 0.5% | 333.5% | 1026.7% | 5.3% | 609.4% | -22.8% | 79.5% | -54.9% | - | - |
| Revenue CAGR (3y) | 47.6% | 101.6% | - | - | - | -27.3% | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | 80.3% | 138.5% | 1598.8% | 57.3% | 209.7% | -23.4% | 119.1% | 81.1% | - | - |
| Operating income growth (YoY) | -91.5% | -372.7% | 11.6% | -66.5% | -128.4% | -122.6% | 85.9% | 5.1% | - | - |
| Net income growth (YoY) | -109.0% | -470.3% | -28.9% | -74.7% | -145.9% | -125.0% | 86.2% | -13.4% | - | - |
| EPS growth (YoY) | -100.0% | -433.3% | -33.3% | -50.0% | -100.0% | -200.0% | 90.0% | 0.0% | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 479.7% | 71.9% | -45.3% | -36.7% | -25.5% | -36.4% | -28.9% | -23.1% | - | 147.1% |
Peer comparison
Same SIC group: Miscellaneous Electrical Machinery, Equipment & Supplies
Comparing NeoVolta Inc. against the 5 most active filers in the same SIC group.