Electrovaya (ELVA) Change in Working Capital (2022 - 2026)
Electrovaya's (ELVA) quarterly Change in Working Capital came in at -$9.7 million in Q1 2026, down 44.62% year-on-year from -$17.5 million in Q1 2025, and down 4340.83% on a QoQ basis from -$218000.0 in Q4 2025.
Electrovaya (ELVA) Change in Working Capital (2022 - 2026) Analysis & Trends
Electrovaya (ELVA) has 5 years of Change in Working Capital data on file, last reported at -$9.7 million in Q1 2026.
- On a quarterly basis, Change in Working Capital fell 44.62% year-over-year to -$9.7 million in Q1 2026; TTM through Mar 2026 was -$9.0 million, a 0.47% change from a year earlier, with the FY2025 full-year figure at -$7.1 million, down 215.83% from the prior year.
- Change in Working Capital for Q1 2026 stood at -$9.7 million, down from -$218000.0 in the prior quarter.
- Over the last five years, Change in Working Capital for ELVA reached as high as $5.6 million in Q3 2025 and fell as low as -$9.7 million in Q1 2026.
- Historically, Change in Working Capital has averaged -$1.9 million across 5 years, with a median of -$614500.0 in 2023.
- Across the five-year window, Change in Working Capital tumbled 3123.08% in 2023 and jumped 19778.57% in 2025, its largest moves.
- Year by year, Change in Working Capital stood at $130000.0 in 2022, then tumbled by 57.69% to $55000.0 in 2023, then slumped by 49.09% to $28000.0 in 2024, then sank by 878.57% to -$218000.0 in 2025, then slumped by 4340.83% to -$9.7 million in 2026.
- Per Business Quant data, the three most recent Change in Working Capital figures were -$9.7 million in Q1 2026, -$218000.0 in Q4 2025, and $5.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Working Capital (Qtr) |
|---|---|---|---|---|---|
| 1 | Electrovaya | 424.38 Bn | 424.36 Bn | 6.04 Mn | -9.68 Mn |
| 2 | Vertiv Holdings | 116.45 Bn | 113.95 Bn | 999.70 Mn | - |
| 3 | Bloom Energy | 61.23 Bn | 58.77 Bn | 225.54 Mn | - |
| 4 | Hubbell | 25.93 Bn | 25.43 Bn | 505.30 Mn | - |
| 5 | nVent Electric | 25.66 Bn | 25.47 Bn | 445.60 Mn | - |
| 6 | Advanced Energy Industries | 11.88 Bn | 11.18 Bn | 200.90 Mn | - |
| 7 | Acuity Inc. (De) | 9.90 Bn | 9.48 Bn | 606.40 Mn | - |
| 8 | Powell Industries | 9.42 Bn | 8.87 Bn | 87.94 Mn | - |
| 9 | EnerSys | 7.49 Bn | 7.05 Bn | 290.87 Mn | - |
| 10 | Hayward Holdings | 3.13 Bn | 2.90 Bn | 118.70 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -9.68 Mn |
| Mar 31, 2026 | -9.68 Mn |
| Dec 31, 2025 | -218,000.00 |
| Dec 31, 2025 | -218,000.00 |
| Sep 30, 2025 | 5.57 Mn |
| Sep 30, 2025 | 5.57 Mn |
| Jun 30, 2025 | -4.71 Mn |
| Jun 30, 2025 | -4.71 Mn |
| Mar 31, 2025 | -6.69 Mn |
| Mar 31, 2025 | -6.69 Mn |
| Sep 30, 2024 | 28,000.00 |
| Sep 30, 2024 | 28,000.00 |
| Jun 30, 2024 | -659,000.00 |
| Jun 30, 2024 | -659,000.00 |
| Mar 31, 2024 | -1.68 Mn |
| Mar 31, 2024 | -1.68 Mn |
| Dec 31, 2023 | 55,000.00 |
| Dec 31, 2023 | 55,000.00 |
| Sep 30, 2023 | -3.93 Mn |
| Sep 30, 2023 | -3.93 Mn |