NeoVolta Inc. reported Q3 FY2026 financial results with flat revenue but improved gross margins, alongside appointing Jing Nealis as CFO effective May 18, 2026, succeeding Steve Bond.
Key takeaways
Q3 FY2026 revenue $2.0M flat YoY; gross profit $0.9M at 46% margin vs $0.5M at 26% prior year
Nine-month revenue $13.3M, up 262% YoY
Net loss $3.0M or $(0.08)/share vs $1.4M or $(0.04)/share YoY
Appointed Jing Nealis CFO effective May 18, 2026 with $425K base, 1M RSUs, $35K sign-on
Steve Bond transitions to EVP and President of NeoVolta Power LLC
First $1.9M C&I order from Luminia; NeoVolta Power ownership to 80%