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
DateValue
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