Business
NeoVolta Reports Second Quarter Fiscal 2026 Financial Results and Provides Strategic Update on Transformation to Integrated Energy Solutions Platform
Transformational Quarter Positions Company for Next Phase of Strong Growth SAN DIEGO, Feb. 17, 2026 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV)
About this update from Neovolta Inc.
[{"type":"text","content":"Transformational Quarter Positions Company for Next Phase of Strong Growth\nSAN DIEGO, Feb. 17, 2026 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) (\"NeoVolta\" or the \"Company\"), a U.S.-based energy technology company delivering scalable energy storage solutions, today announced financial results for its second quarter fiscal 2026 ended December 31, 2025, and provided an update on transformational strategic initiatives that are positioning the Company as an integrated energy storage platform serving residential, commercial & industrial (C&I), and utility-scale markets. Management Commentary \"This was a transformational quarter that sets NeoVolta up for the next phase of strong growth and positions us to capitalize on the massive market opportunity ahead,\" said Ardes Johnson, Chief Executive Officer of NeoVolta. \"We are rapidly approaching our goal of becoming a vertically integrated energy solutions provider capable of serving what we estimate to be a $45 billion combined addressable market across residential, C&I, and utility-scale segments by 2030.\" \"Our strategy is coming together exactly as planned. We closed the Neubau Energy asset acquisition and are preparing to launch our innovative NVWAVE modular battery platform, which delivers faster installation times and enhanced margins. We advanced our proposed strategic collaboration with Luminia for up to 160 MWh of energy storage supply, representing approximately $39 million in potential equipment revenue. And most significantly, we launched our transformational U.S. battery manufacturing joint venture in Georgia. This plant is a 60% owned, 2 GWh facility that when completed will unlock domestic production for higher-margin utility and C&I markets while qualifying for tax incentives.\" Johnson continued, \"Our integrated platform strategy creates multiple vectors of value creation. Residential provides brand strength and revenue stability. C&I represents the high-growth 'missing middle' where we believe there are significant near-term opportunities over the next 2 to 3 years. And utility-scale, to be enabled by our Georgia manufacturing JV, delivers the scale and margin profile to drive long-term shareholder value. These aren't isolated initiatives. They're deliberately interconnected levers that we believe will begin to de-risk our business model while expanding ou...