NeoVolta Q3 revenue flat at $2.0M, net loss $3.0M; appoints Jing Nealis CFO

NeoVolta Inc.

Q3 FY2026 revenue $2.0M flat YoY; net loss $3.0M ($0.08/share) vs $1.4M loss prior year; gross margin improved to 46%.
First C&I purchase order from Luminia for $1.9M for 40 units of NVGAIN-125K261 system.
Georgia manufacturing facility on track; equipment arriving June, production ramp targeted Q3 calendar 2026; JV ownership increased to 80%.
Appointed Jing Nealis as CFO effective May 18, 2026; base salary $425k, RSU grant of 1M shares, PSU tied to $1M customer payments.
Cash $11.5M as of March 31, 2026; new $3M revolving credit facility established in April.

item 2.02 item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Jing Nealis

Chief Financial Officer

NEOV · NeoVolta Inc.

Effective: 2026-05-18
Filed: May 14, 2026, 4:35 PM ET

On May 14, 2026, the Company announced the appointment of Jing Nealis as the Company’s Chief Financial Officer, effective May 18, 2026, succeeding Steve Bond, who will transition from the role of Chief Financial Officer effective as of such date.

Departed

Steve Bond

Chief Financial Officer

NEOV · NeoVolta Inc.

Effective: 2026-05-18
Successor: Jing Nealis
Filed: May 14, 2026, 4:35 PM ET

succeeding Steve Bond, who will transition from the role of Chief Financial Officer effective as of such date.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

NeoVolta Inc. reported the quarter ended March 31, 2026 results: revenue $2.0 million, net income $3.0 million, or $(0.08) per share, EPS $(0.08) per share.

Period: the quarter ended March 31, 2026
Revenue: $2.0 million
Net income: $3.0 million, or $(0.08) per share
EPS: $(0.08) per share
Result: reported results

Exact text from the filing

half of fiscal 2026 gives us strong confidence in the path ahead.” - Ardes Johnson, Chief Executive Officer, NeoVolta. Third Quarter Fiscal 2026 Financial Highlights · Revenue: $2.0 million for Q3 FY2026, compared to $2.0 million in Q3 FY2025. Revenue in the quarter was impacted by a slowdown in the residential solar market following the expiration of the

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Jing Nealis was appointed as Chief Financial Officer at NeoVolta Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

On May 14, 2026, the Company announced the appointment of Jing Nealis as the Company’s Chief Financial Officer, effective May 18, 2026, succeeding Steve Bond, who will transition from the role of Chief Financial Officer effective as of such date.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.9

Steve Bond changed role as Chief Financial Officer at NeoVolta Inc..

Action: transitioned
Role: Chief Financial Officer

Exact text from the filing

succeeding Steve Bond, who will transition from the role of Chief Financial Officer effective as of such date.

View on SEC.gov

51 earnings releases filed in the last 30 days. Browse all earnings releases →

NeoVolta Inc. filing history →

Source: SEC EDGAR

accession 0001683168-26-003928

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