Executive Summary
NeoVolta reported Q2 2025 revenue of $1.07158 million, up 5.28% year-over-year and 81.55% quarter-over-quarter, driven by a ramp in its NV14/NV24 energy storage offerings. Gross profit rose to $323,911 with a gross margin of 30.23%, marking a meaningful margin expansion versus prior periods. Despite top-line progress, the quarter produced a substantial operating loss of $946.93 thousand and a net loss of $971.14 thousand, or $0.029 per share, underscoring that the company remains in an early-growth, cash-burn phase.
Key Performance Indicators
QoQ: 248.87% | YoY:57.34%
QoQ: -0.69% | YoY:-74.65%
QoQ: -0.69% | YoY:-74.85%
Key Insights
Revenue: $1.07158M (YoY +5.28%, QoQ +81.55%)
Gross Profit: $323.91k (YoY +57.34%, QoQ +248.87%)
Operating Income: -$946.93k (YoY -66.47%, QoQ +1.96%)
Net Income: -$971.14k (YoY -74.65%, QoQ -0.69%)
EPS: -$0.0292 (YoY -74.85%, QoQ -0.69%)
Gross Margin: 30.23%
Operating Margin: -88.37%
Net Margin: -90.63%
Current Ratio: 12.02; Quick Ratio: 5.94; Cash Ratio: 0.98
Cash at End of Period: $0.329M; Net Debt: $0.305M; Operating Cash Flow: -$0.858M; Free Cash Flow: -$0.859M...
Financial Highlights
Revenue: $1.07158M (YoY +5.28%, QoQ +81.55%)
Gross Profit: $323.91k (YoY +57.34%, QoQ +248.87%)
Operating Income: -$946.93k (YoY -66.47%, QoQ +1.96%)
Net Income: -$971.14k (YoY -74.65%, QoQ -0.69%)
EPS: -$0.0292 (YoY -74.85%, QoQ -0.69%)
Gross Margin: 30.23%
Operating Margin: -88.37%
Net Margin: -90.63%
Current Ratio: 12.02; Quick Ratio: 5.94; Cash Ratio: 0.98
Cash at End of Period: $0.329M; Net Debt: $0.305M; Operating Cash Flow: -$0.858M; Free Cash Flow: -$0.859M
Income Statement
| Metric |
Value |
YoY Change |
QoQ Change |
| Revenue |
1.07M |
5.28% |
81.55% |
| Gross Profit |
323.91K |
57.34% |
248.87% |
| Operating Income |
-946.93K |
-66.47% |
1.96% |
| Net Income |
-971.14K |
-74.65% |
-0.69% |
| EPS |
-0.03 |
-74.85% |
-0.69% |
Key Financial Ratios
operatingProfitMargin
-88.4%
operatingCashFlowPerShare
$-0.03
freeCashFlowPerShare
$-0.03
priceEarningsRatio
-44.66
Management Commentary
No earnings call transcript provided in the data set. Management quotes and themes from an earnings call are not available for aggregation and thematic grouping.
Forward Guidance
No formal forward guidance was issued in the provided data. Given the lack of stated guidance, the forward outlook must be inferred from the quarter’s trajectory and industry dynamics. Near-term focus areas likely include: (i) sustaining top-line growth through expanded solar installer partnerships and product mix optimization (NV14/NV24), (ii) reducing the cost base or achieving operating leverage to shift toward positive EBITDA, and (iii) improving working capital efficiency to shorten the cash conversion cycle. Investors should monitor: quarterly revenue trajectory, unit volumes of NV storage systems, cost-control progress (G&A intensity), any announced factory, supplier or distribution partnerships, and the company’s ability to secure additional capital to fund ongoing losses until scale is achieved.