vs

Side-by-side financial comparison of DBV Technologies S.A. (DBVT) and NeoVolta Inc. (NEOV). Click either name above to swap in a different company.

NeoVolta Inc. is the larger business by last-quarter revenue ($4.6M vs $2.8M, roughly 1.7× DBV Technologies S.A.). NeoVolta Inc. runs the higher net margin — -119.2% vs -1195.5%, a 1076.3% gap on every dollar of revenue. On growth, NeoVolta Inc. posted the faster year-over-year revenue change (333.5% vs 158.8%). Over the past eight quarters, NeoVolta Inc.'s revenue compounded faster (304.5% CAGR vs 12.4%).

DBV Technologies SA is a publicly owned French biopharmaceutical firm headquartered in Bagneux, France. DBV Technologies is known for developing "Viaskin" technology for administering allergens or antigens to intact skin while avoiding any transfer to the blood. Viaskin Peanut clinical development has received Fast Track designation from the US Food and Drug Administration.

NeoVolta Inc. designs, manufactures and distributes intelligent lithium iron phosphate energy storage systems for residential and commercial use. Its products combine battery packs, inverters and smart management software to store solar power, cut grid dependence and offer outage backup, with core business focused on the North American market.

DBVT vs NEOV — Head-to-Head

Bigger by revenue
NEOV
NEOV
1.7× larger
NEOV
$4.6M
$2.8M
DBVT
Growing faster (revenue YoY)
NEOV
NEOV
+174.8% gap
NEOV
333.5%
158.8%
DBVT
Higher net margin
NEOV
NEOV
1076.3% more per $
NEOV
-119.2%
-1195.5%
DBVT
Faster 2-yr revenue CAGR
NEOV
NEOV
Annualised
NEOV
304.5%
12.4%
DBVT

Income Statement — Q3 FY2025 vs Q2 FY2026

Metric
DBVT
DBVT
NEOV
NEOV
Revenue
$2.8M
$4.6M
Net Profit
$-33.2M
$-5.5M
Gross Margin
16.6%
Operating Margin
-1235.7%
-96.4%
Net Margin
-1195.5%
-119.2%
Revenue YoY
158.8%
333.5%
Net Profit YoY
-8.9%
-470.3%
EPS (diluted)
$-0.24
$-0.16

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DBVT
DBVT
NEOV
NEOV
Q4 25
$4.6M
Q3 25
$2.8M
$6.7M
Q2 25
$1.5M
$4.8M
Q1 25
$2.0M
Q4 24
$1.1M
Q3 24
$590.2K
Q2 24
$1.2M
$579.2K
Q1 24
$1.4M
$283.9K
Net Profit
DBVT
DBVT
NEOV
NEOV
Q4 25
$-5.5M
Q3 25
$-33.2M
$-1.2M
Q2 25
$-41.9M
$-1.6M
Q1 25
$-1.4M
Q4 24
$-971.1K
Q3 24
$-964.5K
Q2 24
$-33.1M
Q1 24
$-27.3M
$-589.5K
Gross Margin
DBVT
DBVT
NEOV
NEOV
Q4 25
16.6%
Q3 25
23.7%
Q2 25
12.1%
Q1 25
25.5%
Q4 24
30.2%
Q3 24
15.7%
Q2 24
3.0%
Q1 24
58.5%
Operating Margin
DBVT
DBVT
NEOV
NEOV
Q4 25
-96.4%
Q3 25
-1235.7%
-12.8%
Q2 25
-2806.2%
-30.2%
Q1 25
-68.1%
Q4 24
-88.4%
Q3 24
-163.6%
Q2 24
-2914.9%
Q1 24
-2029.7%
-211.5%
Net Margin
DBVT
DBVT
NEOV
NEOV
Q4 25
-119.2%
Q3 25
-1195.5%
-18.7%
Q2 25
-2858.4%
-34.7%
Q1 25
-72.0%
Q4 24
-90.6%
Q3 24
-163.4%
Q2 24
-2852.4%
Q1 24
-1943.5%
-207.6%
EPS (diluted)
DBVT
DBVT
NEOV
NEOV
Q4 25
$-0.16
Q3 25
$-0.24
$-0.04
Q2 25
$-0.31
$-0.05
Q1 25
$-0.04
Q4 24
$-0.03
Q3 24
$-0.03
Q2 24
$-0.34
Q1 24
$-0.28
$-0.02

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DBVT
DBVT
NEOV
NEOV
Cash + ST InvestmentsLiquidity on hand
$69.8M
$242.4K
Total DebtLower is stronger
Stockholders' EquityBook value
$52.9M
$5.0M
Total Assets
$110.5M
$10.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DBVT
DBVT
NEOV
NEOV
Q4 25
$242.4K
Q3 25
$69.8M
$889.8K
Q2 25
$103.2M
$794.8K
Q1 25
$536.0K
Q4 24
$328.7K
Q3 24
$393.4K
Q2 24
$66.2M
$986.4K
Q1 24
$101.5M
$1.0M
Stockholders' Equity
DBVT
DBVT
NEOV
NEOV
Q4 25
$5.0M
Q3 25
$52.9M
$2.1M
Q2 25
$86.2M
$2.9M
Q1 25
$3.8M
Q4 24
$3.3M
Q3 24
$3.9M
Q2 24
$79.1M
$4.6M
Q1 24
$111.7M
$5.1M
Total Assets
DBVT
DBVT
NEOV
NEOV
Q4 25
$10.1M
Q3 25
$110.5M
$8.4M
Q2 25
$143.4M
$6.8M
Q1 25
$5.7M
Q4 24
$4.0M
Q3 24
$4.2M
Q2 24
$114.2M
$4.7M
Q1 24
$145.9M
$5.2M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DBVT
DBVT
NEOV
NEOV
Operating Cash FlowLast quarter
$-32.4M
$-2.1M
Free Cash FlowOCF − Capex
$-32.6M
FCF MarginFCF / Revenue
-1173.5%
Capex IntensityCapex / Revenue
4.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-138.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DBVT
DBVT
NEOV
NEOV
Q4 25
$-2.1M
Q3 25
$-32.4M
$-2.5M
Q2 25
$-33.9M
$-924.2K
Q1 25
$-2.1M
Q4 24
$-858.3K
Q3 24
$-593.0K
Q2 24
$-35.1M
$-1.0M
Q1 24
$-34.7M
$-485.3K
Free Cash Flow
DBVT
DBVT
NEOV
NEOV
Q4 25
Q3 25
$-32.6M
Q2 25
$-33.9M
Q1 25
Q4 24
Q3 24
Q2 24
$-35.8M
Q1 24
$-36.0M
FCF Margin
DBVT
DBVT
NEOV
NEOV
Q4 25
Q3 25
-1173.5%
Q2 25
-2316.5%
Q1 25
Q4 24
Q3 24
Q2 24
-3084.0%
Q1 24
-2560.6%
Capex Intensity
DBVT
DBVT
NEOV
NEOV
Q4 25
Q3 25
4.2%
Q2 25
2.2%
Q1 25
Q4 24
Q3 24
Q2 24
63.0%
Q1 24
94.9%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons