# NeoVolta fiscal year 2026 financial performance > Live situation record from CLSTR: https://clstr.news/situations/neovolta-fiscal-year-2026-financial-performance > Updated: 2026-09-27T10:09:17.000Z. Sources: 4. Developments: 2. NeoVolta Inc. reported a 58% year-over-year increase in fiscal year 2026 revenue, reaching $13.3 million compared to $8.4 million in fiscal year 2025. This growth is attributed to the company’s expansion from residential energy storage into commercial, industrial, and utility-scale battery systems. Despite the annual revenue increase, the company experienced a significant decline in fourth-quarter revenue, which fell to approximately $13.5 thousand from $4.8 million in the previous year. Management attributed this drop to a substantial decline in residential and traditional installer-channel sales following changes to federal tax laws in early 2026. Financial losses also widened, with a GAAP net loss of $21.5 million for fiscal year 2026, compared to a $5.0 million loss in fiscal year 2025. The company is currently investing in U.S. manufacturing capacity for Battery Energy Storage Systems (BESS) and maintains a cash position of $25.4 million following a public offering in May 2026. Additionally, a collaboration with SK ON is expected to support capacity expansion through a domestic cell supply agreement from 2027 to 2031. ## Timeline ### 2026-09-27: NeoVolta reports revenue growth amid manufacturing expansion NeoVolta reported $13.3 million in fiscal 2026 revenue, up 58% year-over-year, despite a widening net loss of $21.5 million driven by investments in U.S. battery manufacturing expansion. 2 sources. https://clstr.news/cluster/neovolta-reports-revenue-growth-amid-manufacturing-expansion ### 2026-09-23: NeoVolta reports 58% annual revenue growth to $13.3 million NeoVolta Inc. reported 58% year-over-year revenue growth to $13.3 million for fiscal year 2026, despite a sharp fourth-quarter decline linked to federal tax law changes. 2 sources. https://clstr.news/cluster/neovolta-reports-58-annual-revenue-growth-to-133-million --- Cite as: NeoVolta fiscal year 2026 financial performance. CLSTR, https://clstr.news/situations/neovolta-fiscal-year-2026-financial-performance