NeoVolta Inc., a US-based energy technology company, reported second quarter fiscal 2026 revenue of $4.6 million, representing 334% growth from $1.1 million in the prior year period. Six-month revenue totaled $11.3 million compared to $1.7 million year-over-year. Gross profit for the quarter was $0.8 million, reflecting a 17% gross margin. Operating expenses were $5.2 million during Q2 FY2026. Net loss for the quarter totaled $5.5 million, or $0.16 per share. Revenue growth was attributed to higher residential inverter and energy storage system sales. The company progressed its 60%-owned NeoVolta Power joint venture in Georgia, targeting 2 GWh initial annual capacity with potential expansion to 8 GWh. Mass production is targeted for mid-2026. NeoVolta raised approximately $23 million through a $13 million private placement and a $10 million registered direct offering to support manufacturing scale-up and working capital.
NeoVolta updates fiscal 2026 financial performance
Q2 FY2026 results show NeoVolta revenue at $4.6 million versus $1.1 million last year, while six-month revenue increased to $11.3 million from $1.7 million.
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