NeoVolta Q1 FY27 net loss narrows 34% quarter-on-quarter to $7.7 million
NEOV•NeoVolta’s net loss narrowed 34% quarter-on-quarter to $7.7 million for the quarter ended September 30, 2026. Revenue was $2.8 million, gross profit was $1 million, and a signed $116 million purchase agreement supports a planned Georgia facility production ramp in 2027.
1. Quarterly results
NeoVolta reported a net loss of $7.7 million for the quarter ended September 30, 2026, down 34% quarter-on-quarter. Revenue rose to $2.8 million, reflecting initial installed residential energy storage project sales through its third-party ownership platform. Gross profit was $1 million, compared with a $1.1 million gross loss in the previous quarter.
2. Georgia facility agreement
A signed $116 million master purchase agreement for battery energy storage products anchors the Georgia facility’s 2027 production ramp.
