--- title: "NEOVOLTA INC C/WTS 01/04/2027 (TO PUR COM) | 10-Q: FY2026 Q3 Revenue: USD 2.024 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/286632666.md" datetime: "2026-05-16T04:11:43.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286632666.md) - [en](https://longbridge.com/en/news/286632666.md) - [zh-HK](https://longbridge.com/zh-HK/news/286632666.md) generator: "portal-rs" --- # NEOVOLTA INC C/WTS 01/04/2027 (TO PUR COM) | 10-Q: FY2026 Q3 Revenue: USD 2.024 M Revenue: As of FY2026 Q3, the actual value is USD 2.024 M. EPS: As of FY2026 Q3, the actual value is USD -0.08. EBIT: As of FY2026 Q3, the actual value is USD -2.631 M. NeoVolta, Inc. operates in a single reportable segment focused on the development and commercialization of energy storage products . #### Revenue - For the three months ended March 31, 2026, revenue was $2,023,718, compared to $2,014,105 for the same period in 2025 . - For the nine months ended March 31, 2026, revenue was $13,319,493, significantly up from $3,675,922 for the same period in 2025 . #### Cost of Goods Sold - Cost of Goods Sold for the three months ended March 31, 2026, was $1,095,895, down from $1,499,597 for the three months ended March 31, 2025 . - For the nine months ended March 31, 2026, Cost of Goods Sold was $10,041,896, compared to $2,744,656 for the nine months ended March 31, 2025 . #### Gross Profit and Margin - Gross profit for the three months ended March 31, 2026, was $927,823, with a gross profit margin of approximately 46%, an increase from $514,508 and approximately 26% for the same period in 2025 . - For the nine months ended March 31, 2026, gross profit was $3,277,597, with a gross profit margin of approximately 25%, compared to $931,266 and approximately 25% for the same period in 2025 . #### Operating Expenses - **General and Administrative:** - Three months ended March 31, 2026: $3,021,127, up from $1,857,531 in 2025 . - Nine months ended March 31, 2026: $10,474,212, up from $4,136,167 in 2025 . - **Research and Development:** - Three months ended March 31, 2026: $403,887, significantly up from $27,947 in 2025 . - Nine months ended March 31, 2026: $519,594, up from $78,888 in 2025 . - **Depreciation and Amortization:** - Three months ended March 31, 2026: $128,458, compared to $0 in 2025 . - Nine months ended March 31, 2026: $240,290, compared to $0 in 2025 . - **Total Operating Expenses:** - Three months ended March 31, 2026: $3,553,472, up from $1,885,478 in 2025 . - Nine months ended March 31, 2026: $11,234,096, up from $4,215,055 in 2025 . #### Loss from Operations - Loss from operations for the three months ended March 31, 2026, was - $2,625,649, compared to - $1,370,970 for the same period in 2025 . - For the nine months ended March 31, 2026, loss from operations was - $7,956,499, compared to - $3,283,789 for the same period in 2025 . #### Net Loss - Net loss for the three months ended March 31, 2026, was - $3,028,402, compared to - $1,449,331 for the same period in 2025 . - For the nine months ended March 31, 2026, net loss was - $9,810,523, compared to - $3,384,962 for the same period in 2025 . #### Cash Flow - Net cash used in operating activities for the nine months ended March 31, 2026, was - $8,156,853, compared to - $3,501,515 for the nine months ended March 31, 2025 . - Net cash used in investing activities for the nine months ended March 31, 2026, was - $2,785,375, compared to $0 for the nine months ended March 31, 2025 . - Net cash provided by financing activities for the nine months ended March 31, 2026, was $21,628,221, compared to $3,051,054 for the nine months ended March 31, 2025 . - Cash and cash equivalents at the end of the period were $11,480,829 as of March 31, 2026, up from $535,966 as of March 31, 2025 . #### Unique Metrics and Strategic Summary - **Customer Concentration:** For the three months ended March 31, 2026, two customers accounted for approximately 71% and 29% of revenues . For the nine months ended March 31, 2026, three customers represented approximately 39%, 15%, and 11% of revenues . - **Liquidity:** As of March 31, 2026, NeoVolta, Inc. had a consolidated cash balance of approximately $11.5 million and consolidated net working capital of approximately $19.5 million . The company anticipates having sufficient cash to operate for at least the next 12 months, supported by recent equity financings and existing financial resources . - **Joint Venture (NeoVolta Power, LLC):** In January 2026, NeoVolta, Inc. formed a joint venture, NeoVolta Power, LLC, with an 80% ownership interest, to own and operate a utility-scale battery manufacturing facility in Georgia . An initial capital contribution of $7,000,000 was made in January 2026, with an additional $8,000,000 expected in June 2026, and further contributions up to $25,000,000 through June 30, 2027 . This facility is projected to expand the company’s energy storage product line and generate substantial revenues and operating cash flows . - **Asset Acquisition (Neubau Energy Inc.):** In October 2025, NeoVolta, Inc. acquired substantially all of Neubau Energy Inc.’s assets for approximately $1.5 million in cash and common stock . This acquisition enables the company to produce and sell Neubau’s proprietary battery storage module, with sales expected to commence in calendar year 2026 . - **Product Development and Sales Expansion:** The company is accelerating product development and expanding sales channels beyond its traditional local installer market focus in Southern California . It also monitors international developments and tariff impacts on its supply chain, having stockpiled inventory in anticipation of tariff increases . ### Related Stocks - [NEOVW.US](https://longbridge.com/en/quote/NEOVW.US.md) ## Related News & Research - [Vuxen Group announces availability of FY2025/2026 annual report (May 1, 2025–April 30, 2026)](https://longbridge.com/en/news/297499193.md) - [Systemair corrects dividend record date to Aug. 31, 2026 from Sept. 31 error](https://longbridge.com/en/news/297344953.md) - [iShares Core S&P 500 ETF declares Q3 2026 distribution of R$ 0.10 per unit](https://longbridge.com/en/news/297548335.md) - [AgroGalaxy delays 2025 results release to Nov. 30, 2026](https://longbridge.com/en/news/297440664.md) - [Enjoei updates financial events calendar for 2026](https://longbridge.com/en/news/297563694.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**