Electrovaya (ELVA) Amortization (2022 - 2026)
Electrovaya (ELVA) reported Amortization of -$9.9 million for Q1 2026, down 402.08% year-over-year from $3.3 million in Q1 2025, and down 4440.83% quarter-over-quarter from -$218000.0 in Q4 2025.
Electrovaya (ELVA) Amortization (2022 - 2026) Analysis & Trends
Electrovaya (ELVA) has 5 years of Amortization data on file, last reported at -$9.9 million in Q1 2026.
- Amortization for Q1 2026 came in at -$9.9 million, down 402.08% year-over-year; the trailing twelve-month figure through Mar 2026 was -$9.9 million (down 140.7% YoY), and the FY2024 annual result was $13.0 million, up 21.66% from the prior year.
- Amortization fell to -$9.9 million in Q1 2026 per ELVA's latest filing, from -$218000.0 in the prior quarter.
- Over five years, Amortization peaked at $13.0 million in Q4 2024 and troughed at -$9.9 million in Q1 2026.
- A 5-year average of $1.9 million and a median of $3.0 million in 2024 frame the typical range for Amortization.
- The sharpest annual moves came in 2023 and 2026: Amortization jumped 141.58% in 2023, then sank 402.08% in 2026.
- A 5-year view of Amortization shows it stood at -$6.5 million in 2022, then surged by 155.81% to $3.6 million in 2023, then surged by 257.12% to $13.0 million in 2024, then plunged by 101.68% to -$218000.0 in 2025, then plunged by 4440.83% to -$9.9 million in 2026.
- Business Quant data shows ELVA's Amortization at -$9.9 million in Q1 2026, -$218000.0 in Q4 2025, and $3.3 million in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Amortization (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - | - |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | - |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | - |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | - |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn | - |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn | - |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn | - |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn | - |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn | - |
| 10 | Electrovaya | 192,800.01 | -23.34 Mn | 6.04 Mn | -9.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -9.90 Mn |
| Mar 31, 2026 | -9.90 Mn |
| Dec 31, 2025 | -218,000.00 |
| Dec 31, 2025 | -218,000.00 |
| Jun 30, 2025 | 3.32 Mn |
| Jun 30, 2025 | 3.32 Mn |
| Mar 31, 2025 | 3.28 Mn |
| Mar 31, 2025 | 3.28 Mn |
| Dec 13, 2024 | 12.96 Mn |
| Dec 13, 2024 | 12.96 Mn |
| Sep 30, 2024 | 4.04 Mn |
| Sep 30, 2024 | 4.04 Mn |
| Jun 30, 2024 | 4.04 Mn |
| Jun 30, 2024 | 4.04 Mn |
| Mar 31, 2024 | 3.02 Mn |
| Mar 31, 2024 | 3.02 Mn |
| Dec 31, 2023 | 3.63 Mn |
| Dec 31, 2023 | 3.63 Mn |
| Sep 30, 2023 | 2.29 Mn |
| Sep 30, 2023 | 2.29 Mn |