NeoVolta 2026 Q1 Earnings Surpasses Revenue Targets Despite Wider Net Loss

The company’s Q1 2026 earnings report revealed a 1,026.7% revenue surge to $6.65 million, far outpacing the $590,236 recorded in Q1 2025. However, net losses widened to $1.24 million, or $0.04 per share, from $964,494, or $0.03 per share, in the prior-year period. The stock’s post-earnings price action reflected investor skepticism, with shares dropping 30.69% month-to-date as of Nov 11, 2025.

Revenue

NeoVolta’s revenue growth was driven entirely by contracts with customers, which accounted for the full $6.65 million in Q1 2026. This represents a dramatic acceleration from the $590,236 in the same period a year prior, underscoring the company’s expanded market reach beyond its traditional Southern California installer base. The surge reflects successful penetration of U.S. distribution networks and increased utility vendor approvals, though the lack of diversified revenue streams remains a risk.

Earnings/Net Income

The company’s net loss widened by 28.9% to $1.24 million in Q1 2026, with losses per share increasing to $0.04 from $0.03 in Q1 2025. Despite a 24% gross margin improvement from 16% in the prior year, persistent operating losses—$854,000 in Q1 2026—highlight ongoing challenges in scaling profitability. The financial performance remains challenged by high general and administrative expenses.

Post-Earnings Price Action Review

NeoVolta’s stock price has deteriorated sharply following the earnings release, with a 0.94% decline on the latest trading day, a 7.49% drop over the preceding week, and a 30.69% month-to-date plunge as of Nov 11, 2025. The selloff reflects investor concerns over the company’s continued unprofitability despite revenue gains. Liquidity constraints, with $890,000 in cash and $5 million in available credit, also weigh on market sentiment.

CEO Commentary

CEO Ardes Johnson emphasized the “strength of our multi-channel growth strategy” and “increasing market adoption of distributed energy storage solutions” in the Q1 2026 report. He highlighted the acquisition of Neubau Energy’s neuClick modular battery platform as a “pivotal milestone” for NeoVolta, noting it expands the company’s addressable market and strengthens gross margins. Johnson also underscored the importance of domestic manufacturing expansion and software innovation for long-term sustainability.

Guidance

NeoVolta did not provide explicit forward-looking revenue or margin guidance in the Q1 2026 report. However, management indicated that neuClick pre-orders—exceeding 1,000 units—could drive revenue growth in early 2026, with shipments expected to begin in January. The company also reiterated confidence in maintaining sufficient liquidity through its $5 million line of credit and $4 million asset-based facility for the next 12 months.

Additional News

NeoVolta’s recent acquisition of Neubau Energy’s assets, including the neuClick platform and Austrian manufacturing capabilities, is positioned to enhance product modularity and reduce deployment costs. The company also appointed new executives from Neubau Energy to bolster leadership in product development. Additionally, NeoVolta announced plans to expand its domestic manufacturing footprint and software offerings, aiming to solidify its position in the residential and commercial energy storage markets.