CoVolt Power IPO: revenue, profit and offering terms from its S-1
CoVolt Power filed its S-1 on 21 Aug 2026 to list on NYSE as KVLT. It has not set a price range yet. Revenue was $739 million in 2025, up 67% from 2024, with a net profit of $60.6 million.
Headlines
- Revenue, 2025
- $739M
- Up 67% on the year before
- Net income, 2025
- $61M
- Revenue, First half of 2026
- $308M
- Down 32% on a year earlier
- Price range
- Not set yet
CoVolt Power IPO terms
From the newest registration statement. Terms left blank there are not set yet.
- Exchange
- NYSE
- Ticker
- KVLT
- Price range
- Not set yet
- Shares offered
- Not set yet
- Expected to raise
- Not set yet
- Registered
- $100M, the amount the filing fee is paid on
- Underwriters
- J.P. Morgan, Jefferies and RBC Capital Markets, with 6 more banks
- First filed
- 21 Aug 2026
CoVolt Power revenue and profit
| Period | Revenue | Operating income | Net income |
|---|---|---|---|
| 2024 | $443M | - | -$9M |
| 2025 | $739M | $60M | $61M |
| First half of 2025 | $451M | - | - |
| First half of 2026 | $308M | $35M | $35M |
CoVolt Power share structure and company facts
- Share classes and votes
- Class A: 1 vote, Class B: 1 vote
- Employees
- 1,102
- Headquarters
- Houston, Texas
CoVolt Power's IPO filings
The registration statement, each amendment and the final prospectus, oldest first.
| Filed | Form |
|---|---|
| 21 Aug 2026 | S-1 |
About the data
- Terms and financials are read from CoVolt Power's newest prospectus (S-1 filed 21 Aug 2026) by a Kadoa workflow. Check figures that matter against the filing.
- Registered is the amount the filing fee is paid on, often a placeholder before the price range is set.
- Raised is the IPO price times the shares sold, without the underwriters' option. Trading compares the first and latest close with the IPO price.