NEOV Nasdaq Miscellaneous Electrical Machinery, Equipment & Supplies Financials FY2021βFY2026
NeoVolta Inc. had $13.3M of revenue in fiscal 2026, up 58.2% on the year before. Over five years, revenue changed +22.5% a year on average.
Last close Β· Oct 23, 2026
$2.16
1.4%Hi! I read NeoVolta Inc.βs latest annual report (fiscal 2026). Here is what stands out:
Good So-so Weak
Are sales growing?
+58.2%
Yes. Sales grew 58.2% last year.
Does it make a profit?
β161.0%
No. It lost money last year.
How healthy are the accounts?
4 / 9
Mixed. It passes 4 of 9 health tests.
How is the share priced?
β
No P/E: it made no profit over the last four quarters.
Rules of thumb on reported numbers. A starting point, not a recommendation.
Is it selling more, and how much does it keep?
KIRA Β· NeoVolta Inc. had $13.3M of revenue in fiscal 2026, up 58.2% on the year before. Over five years, revenue changed +22.5% a year on average. Its operating margin was β136.1%, down 80.1Β pts: of every 100 in sales, about β136 is left after running the business.
In plain words: Revenue is all the money customers paid. The margins show how many cents of each dollar of sales are left over at each step: after making the product (gross), after running the business (operating) and after everything, tax included (net).
Revenue
Revenue
Margins, % of revenue
Margins, % of revenue
KIRA Β· NeoVolta Inc. lost $21.5M in fiscal 2026.
Loss periods are shown in red.
In plain words: Net income is the profit left after every cost and tax. Earnings per share (EPS) splits that profit across every share, so it shows what one share earned.
Net income
Net income
Diluted EPS
Diluted EPS
How much cash comes in, and where does it go?
Cash from operations minus capital spending.
In plain words: Profit on paper is not the same as cash in the bank. Free cash flow is the cash left after paying to run and maintain the business: the money it can hand back to shareholders, save or invest.
Free cash flow
Cash from operations vs capital spending
Cash from operations vs capital spending
In plain words: Companies hand cash back in two ways: dividends (cash paid to shareholders) and buybacks (buying back their own shares, so each remaining share owns a bigger slice).
Dividends and buybacks
Diluted shares outstanding (annual)
KIRA Β· In the last 12 months, insiders bought $0.3M of shares on the open market and sold none.
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. βPlanβ marks trades under a pre-arranged Rule 10b5-1 plan.
In plain words: Insiders are the people who run or own a big part of the company. Buying with their own money can signal confidence; selling often has personal reasons, like taxes or diversifying.
Bought, 12 months
$0.3M
2 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
β
$0.0M
| Date | Insider | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 30, 2026 | John A HassDirector | Bought | 25,000 | $2.61 | $0.1M | Form 4 |
| Jun 11, 2026 | John A HassDirector | Bought | 25,000 | $1.92 | $0.0M | Form 4 |
| Jun 1, 2026 | Steve BondExecutive Vice President, Director | Bought | 43,000 | $1.99 | $0.1M | Form 4 |
| May 19, 2026 | Steve BondExecutive Vice President, Director | Bought | 47,000 | $2.09 | $0.1M | Form 4 |
Can it carry its debts, and how well does it use its money?
KIRA Β· NeoVolta Inc. has $21.1M more cash than debt.
Cash, debt and the ratios that show how comfortably NeoVolta Inc. can carry it.
In plain words: What the company owns and what it owes. More cash than debt is a cushion for bad times; a lot of debt leaves less room when business slows down.
Cash vs debt (incl. leases)
| Fiscal year end | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash and short-term investments | $0.3M | $2.0M | $1.0M | $0.8M | $22.2M |
| Debt incl. finance leases | $1.1M | β | $0.0M | $2.6M | $1.1M |
| Debt / equity | 0.4x | β | 0.0x | 0.9x | 0.0x |
| Interest coverage | β116.3x | β642.9x | β | β14.7x | β27.2x |
| Current ratio | 2.8x | 164.7x | 76.2x | 1.9x | 4.9x |
| Quick ratio | 1.3x | 99.4x | 47.0x | 1.3x | 4.6x |
| Total assets | $4.1M | $6.5M | $4.7M | $6.8M | $53.6M |
| Total liabilities | $1.5M | $0.0M | $0.1M | $3.9M | $14.1M |
| Shareholders' equity | $2.6M | $6.5M | $4.6M | $2.9M | $39.6M |
| Net debt (β = net cash) | $0.8M | β | β$1.0M | $1.8M | β$21.1M |
KIRA Β· Its return on capital was β77.5%: every 100 invested in the business earned about β78 in a year.
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
In plain words: How much profit the business makes on the money put into it. A higher percentage means each dollar invested works harder.
Return on capital, equity and assets (annual)
KIRA Β· NeoVolta Inc. passes 4 of 9 financial health tests (Piotroski F-score).
Nine pass/fail tests of profitability, funding and efficiency. 8β9 is strong, 0β2 weak.
In plain words: Nine yes/no tests of financial health, one point each. A green tick is a pass: 7 to 9 points is solid, 0 to 3 is weak.
| Test | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Net income is positive | β | β | β | β | β | β |
| Cash from operations is positive | β | β | β | β | β | β |
| Return on assets rose | β | β | β | β | β | β |
| Cash from operations exceeds net income | β | β | β | β | β | β |
| Debt fell relative to assets | β | β | β | β | β | β |
| Current ratio rose | β | β | β | β | β | β |
| Share count didn't rise | β | β | β | β | β | β |
| Gross margin rose | β | β | β | β | β | β |
| Revenue rose relative to assets | β | β | β | β | β | β |
| F-score | β / 3 | 3 / 8 | 4 / 8 | 2 / 8 | 2 / 9 | 4 / 9 |
| Accruals ratio | β207.3% | β125.7% | β10.0% | β23.1% | β10.6% | β20.8% |
| Altman Z'' | 9.68 | β15.79 | 166.45 | 67.55 | β13.18 | 1.01 |
Every number, year by year.
Amounts in USD. Hover a ratioβs name for its definition.
In plain words: Every number we have, year by year. Download it as a spreadsheet if you want to dig deeper.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | $4.8M | $4.5M | $3.5M | $2.6M | $8.4M | $13.3M |
| Gross profit | $0.6M | $0.7M | $0.7M | $0.5M | $1.5M | $2.1M |
| Research and development | $0.0M | $0.1M | $0.0M | $0.0M | $0.2M | $1.6M |
| Operating income | β$7.7M | β$5.8M | β$2.6M | β$2.3M | β$4.7M | β$18.1M |
| Interest expense | $0.0M | $0.0M | $0.0M | $0.0M | $0.3M | $0.7M |
| Income tax | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Net income | β$7.6M | β$5.8M | β$2.6M | β$2.3M | β$5.0M | β$21.5M |
| Diluted EPS | β$0.43 | β$0.28 | β$0.08 | β$0.07 | β$0.15 | β$0.55 |
| Diluted shares | 0.02B | 0.02B | 0.03B | 0.03B | 0.03B | 0.04B |
| Cash flow | ||||||
| Cash from operations | β$0.9M | β$1.2M | β$2.1M | β$1.0M | β$4.4M | β$15.2M |
| Depreciation and amortization | β | β | β | β | $0.0M | $0.4M |
| Stock-based compensation | $7.4M | $5.3M | $1.5M | $0.4M | $2.1M | $5.0M |
| Balance sheet | ||||||
| Cash and short-term investments | $0.4M | $0.3M | $2.0M | $1.0M | $0.8M | $22.2M |
| Total debt | β | $1.1M | β | $0.0M | $2.6M | $1.1M |
| Current assets | $3.3M | $4.1M | $6.5M | $4.7M | $6.7M | $32.8M |
| Current liabilities | $0.1M | $1.5M | $0.0M | $0.1M | $3.5M | $6.7M |
| Inventory | $1.7M | $2.2M | $2.6M | $1.8M | $2.1M | $2.1M |
| Property and equipment, net | β | β | β | β | $0.0M | $9.9M |
| Intangible assets | β | β | β | β | $0.0M | $1.1M |
| Total assets | $3.3M | $4.1M | $6.5M | $4.7M | $6.8M | $53.6M |
| Total liabilities | $0.1M | $1.5M | $0.0M | $0.1M | $3.9M | $14.1M |
| Shareholders' equity | $3.1M | $2.6M | $6.5M | $4.6M | $2.9M | $39.6M |
| Margins | ||||||
| Gross margin | 13.4% | 14.9% | 19.9% | 19.3% | 17.9% | 16.0% |
| Operating margin | β158.6% | β128.7% | β76.3% | β88.4% | β56.0% | β136.1% |
| EBITDA margin | β | β | β | β | β56.0% | β133.0% |
| Net margin | β158.5% | β129.8% | β76.4% | β87.1% | β59.7% | β161.0% |
| Returns | ||||||
| Return on capital | β | β133.4% | β | β51.2% | β79.0% | β77.5% |
| Return on capital employed | β241.5% | β215.5% | β40.8% | β50.9% | β143.2% | β38.6% |
| Return on equity | β242.8% | β201.4% | β58.1% | β41.6% | β134.2% | β101.1% |
| Return on assets | β234.4% | β157.2% | β49.7% | β41.3% | β87.9% | β71.0% |
| Return on tangible equity | β242.8% | β221.8% | β40.8% | β50.1% | β173.0% | β55.8% |
| Growth | ||||||
| Revenue growth | β | β7.3% | β22.7% | β23.5% | 218.6% | 58.2% |
| Share count change | β | 14.9% | 55.8% | 3.7% | 1.1% | 17.0% |
| Financial health | ||||||
| Debt / equity | β | 0.4x | β | 0.0x | 0.9x | 0.0x |
| Interest coverage | β312.3x | β116.3x | β642.9x | β | β14.7x | β27.2x |
| Current ratio | 34.6x | 2.8x | 164.7x | 76.2x | 1.9x | 4.9x |
| Quick ratio | 17.0x | 1.3x | 99.4x | 47.0x | 1.3x | 4.6x |
| Capital allocation | ||||||
| Stock comp / revenue | 154.2% | 118.6% | 44.3% | 16.3% | 24.9% | 37.2% |
| Quality scores | ||||||
| Piotroski F-score | β | 3.0 | 4.0 | 2.0 | 2.0 | 4.0 |
| Altman Z'' | 9.7 | β15.8 | 166.4 | 67.6 | β13.2 | 1.0 |
| Accruals ratio | β207.3% | β125.7% | β10.0% | β23.1% | β10.6% | β20.8% |
Source: SEC EDGAR XBRL filings (CIK 0001748137). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only β not investment advice. Check the original filings before relying on any figure.
