Electrovaya (ELVA) Cost of Revenue (2022 - 2026)
Electrovaya (ELVA) reported Cost of Revenue of $1.1 million for Q1 2026, up 116.27% year-over-year from $504000.0 in Q1 2025, and up 48.5% quarter-over-quarter from $734000.0 in Q4 2025.
Electrovaya (ELVA) Cost of Revenue (2022 - 2026) Analysis & Trends
Electrovaya (ELVA) has 5 years of Cost of Revenue data on file, last reported at $1.1 million in Q1 2026.
- Cost of Revenue for Q1 2026 came in at $1.1 million, up 116.27% year-over-year; the trailing twelve-month figure through Mar 2026 was $16.6 million (up 211.85% YoY), and the FY2025 annual result was $44.1 million, up 1402.76% from the prior year.
- Cost of Revenue grew to $1.1 million in Q1 2026 per ELVA's latest filing, from $734000.0 in the prior quarter.
- Over five years, Cost of Revenue peaked at $14.1 million in Q3 2025 and troughed at $290000.0 in Q2 2022.
- A 5-year average of $2.1 million and a median of $732000.0 in 2023 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2023 and 2025: Cost of Revenue sank 89.36% in 2023, then surged 1414.35% in 2025.
- A 5-year view of Cost of Revenue shows it stood at $5.1 million in 2022, then slumped by 85.65% to $730000.0 in 2023, then jumped by 302.05% to $2.9 million in 2024, then tumbled by 74.99% to $734000.0 in 2025, then jumped by 48.5% to $1.1 million in 2026.
- Business Quant data shows ELVA's Cost of Revenue at $1.1 million in Q1 2026, $734000.0 in Q4 2025, and $14.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - | - |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | 1.65 Bn |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | 525.51 Mn |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | 796.40 Mn |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn | 1.01 Bn |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn | 310.10 Mn |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn | 208.68 Mn |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn | 28.04 Mn |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn | 535.30 Mn |
| 10 | Electrovaya | 192,800.01 | -23.34 Mn | 6.04 Mn | 1.09 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.09 Mn |
| Mar 31, 2026 | 1.09 Mn |
| Dec 31, 2025 | 734,000.00 |
| Dec 31, 2025 | 734,000.00 |
| Sep 30, 2025 | 14.14 Mn |
| Sep 30, 2025 | 14.14 Mn |
| Jun 30, 2025 | 582,000.00 |
| Jun 30, 2025 | 582,000.00 |
| Mar 31, 2025 | 504,000.00 |
| Mar 31, 2025 | 504,000.00 |
| Dec 13, 2024 | 2.94 Mn |
| Dec 13, 2024 | 2.94 Mn |
| Sep 30, 2024 | 934,000.00 |
| Sep 30, 2024 | 934,000.00 |
| Jun 30, 2024 | 934,000.00 |
| Jun 30, 2024 | 934,000.00 |
| Mar 31, 2024 | 708,000.00 |
| Mar 31, 2024 | 708,000.00 |
| Dec 31, 2023 | 730,000.00 |
| Dec 31, 2023 | 730,000.00 |