Recent Updates — NEOV

NeoVolta Inc. reported fourth quarter and fiscal year 2026 financial results on September 23, 2026. Fiscal year revenue increased 58% year-over-year to $13.3 million, driven by expansion beyond its residential base, though Q4 revenue declined significantly to approximately $13.5 thousand due to federal tax law changes impacting residential sales. The company reported a GAAP net loss of $21.5 million ($0.55 per share) for the fiscal year, compared to a $5.0 million loss in 2025. NeoVolta holds $25.4 million in cash and restricted cash following a May 2026 public offering. The company announced a senior secured term loan facility providing $20 million in initial funding with potential for an additional $10 million. Additionally, NeoVolta Power entered into a binding capacity reservation agreement with Infinite Grid Capital for North Ontario Edge AI datacenter projects and a five-year strategic collaboration with SK On for U.S.-manufactured LFP battery cell supply from 2027 through 2031. NeoVolta operates in the energy storage technology sector, delivering scalable residential, commercial, and utility-scale battery solutions.