Twin Vee PowerCats reported 2025 net sales of $14.8 million, up from $14.4 million in 2024, as the builder executed what it described as a comprehensive operational reset. The company said it focused on reducing fixed costs, modernizing its manufacturing platform and clearing legacy dealer inventory, exiting the year with improved visibility and operational control.
“2025 was about survival, discipline and rebuilding the foundation,” president and CEO Joseph Visconti said in a statement. “We reduced losses materially, cleaned up dealer inventory, modernized our factory, and brought tooling and development in-house. Most importantly, we exited the year with revenue momentum, operating leverage and two strong brands positioned in the best segments of the offshore market.”
Gross profit improved to $1.26 million, compared with a gross loss the prior year, representing an 8.5% gross margin. Operating expenses declined approximately 27% year-over-year to $10 million, and the company reduced net loss by 39% to $8.6 million. Loss from operations narrowed to $8.8 million, compared with $14.6 million in 2024.
Twin Vee reported a return to year-over-year revenue growth in the second half of 2025, including 60% net sales growth in the fourth quarter, driven by improved retail demand and renewed dealer restocking. Field inventory declined from approximately 140 units at its 2024 peak to 52 units at the end of 2025, lowering dealer risk and balance-sheet exposure.
“The hard work is largely behind us,” Visconti said, “and we believe the platform we’ve built positions Twin Vee for a far more scalable and profitable future.”
