Electrovaya (ELVA) EBIT (2022 - 2026)
Electrovaya's (ELVA) quarterly EBIT came in at $788000.0 in Q2 2026, down 59.84% year-over-year from $2.0 million in Q2 2025, and down 63.92% quarter-over-quarter from $2.2 million in Q1 2026.
Powered by 
Analysis
Electrovaya (ELVA) EBIT (2022 - 2026) Analysis & Trends
Electrovaya (ELVA) has reported EBIT for 5 consecutive years, with $788000.0 the latest figure, recorded in Q2 2026.
- On a quarterly basis, EBIT fell 59.84% year-over-year to $788000.0 in Q2 2026; TTM through Jun 2026 was $6.7 million, a 91.69% increase from a year earlier, with the FY2025 full-year figure at $5.5 million, up 659.95% from the prior year.
- EBIT was $788000.0 for Q2 2026 at Electrovaya, down from $2.2 million in the prior quarter.
- Over five years, EBIT peaked at $2.4 million in Q3 2023 and troughed at -$1.7 million in Q2 2022.
- A 5-year average of $601687.5 and a median of $716000.0 in 2024 frame the typical range for EBIT.
- The widest YoY moves for EBIT: up 1071.67% in 2024, down 124.58% in 2024.
- Over 5 years, EBIT stood at -$1.4 million in 2022, then jumped by 92.6% to -$100000.0 in 2023, then surged by 829.0% to $729000.0 in 2024, then soared by 88.07% to $1.4 million in 2025, then tumbled by 42.52% to $788000.0 in 2026.
- The last three EBIT figures came in at $788000.0 (Q2 2026), $2.2 million (Q1 2026), and $1.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | EnerSys | 6.60 Bn | 6.08 Bn | 313.36 Mn | 151.41 Mn |
| 2 | QuantumScape | 3.38 Bn | 3.38 Bn | - | -106.13 Mn |
| 3 | Fluence Energy | 1.91 Bn | 1.40 Bn | 33.24 Mn | -29.79 Mn |
| 4 | Eos Energy Enterprises | 1.32 Bn | 972.43 Mn | -48.80 Mn | -83.81 Mn |
| 5 | Enovix | 727.73 Mn | 729.77 Mn | 1.30 Mn | -43.30 Mn |
| 6 | Energy Vault Holdings | 690.97 Mn | 609.42 Mn | 5.38 Mn | -24.66 Mn |
| 7 | Amprius Technologies | 467.46 Mn | 392.94 Mn | 9.28 Mn | -4.30 Mn |
| 8 | Electrovaya | 290.55 Mn | 277.47 Mn | 6.19 Mn | 788,000.00 |
| 9 | Microvast Holdings | 265.33 Mn | 122.20 Mn | 25.78 Mn | -1.72 Mn |
| 10 | Ses Ai | 166.91 Mn | 166.91 Mn | 1.15 Mn | -19.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 788,000.00 |
| Mar 31, 2026 | 2.18 Mn |
| Dec 31, 2025 | 1.37 Mn |
| Sep 30, 2025 | 2.37 Mn |
| Jun 30, 2025 | 1.96 Mn |
| Mar 31, 2025 | 1.40 Mn |
| Dec 13, 2024 | 729,000.00 |
| Sep 30, 2024 | -584,000.00 |
| Jun 30, 2024 | 703,000.00 |
| Mar 31, 2024 | 703,000.00 |
| Dec 31, 2023 | -100,000.00 |
| Sep 30, 2023 | 2.38 Mn |
| Jun 30, 2023 | 60,000.00 |
| Mar 31, 2023 | -1.27 Mn |
| Sep 30, 2022 | -1.35 Mn |
| Jun 30, 2022 | -1.71 Mn |