Electrovaya (ELVA) EBIT Margin (2022 - 2026)
Electrovaya (ELVA) reported EBIT Margin of 12.1% for Q1 2026, up 281.0% year-over-year from 3.18% in Q1 2025, and up 37.29% quarter-over-quarter from 8.81% in Q4 2025.
Electrovaya (ELVA) EBIT Margin (2022 - 2026) Analysis & Trends
Electrovaya (ELVA) has 5 years of EBIT Margin data on file, last reported at 12.1% in Q1 2026.
- EBIT Margin for Q1 2026 came in at 12.1%, up 281.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 11.07% (up 743.0% YoY), and the FY2025 annual result was 8.68%, up 681.0% from the prior year.
- EBIT Margin grew to 12.1% in Q1 2026 per ELVA's latest filing, from 8.81% in the prior quarter.
- Over five years, EBIT Margin peaked at 15.54% in Q3 2023 and troughed at 39.81% in Q2 2022.
- A 5-year average of 2.64% and a median of 7.51% in 2024 frame the typical range for EBIT Margin.
- The sharpest annual moves came in 2023 and 2024: EBIT Margin soared 4038 bps in 2023, then plunged 709 bps in 2024.
- A 5-year view of EBIT Margin shows it stood at 3.84% in 2022, then jumped by 78 bps to 0.83% in 2023, then soared by 430 bps to 2.73% in 2024, then jumped by 223 bps to 8.81% in 2025, then jumped by 37 bps to 12.1% in 2026.
- Business Quant data shows ELVA's EBIT Margin at 12.1% in Q1 2026, 8.81% in Q4 2025, and 11.57% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - | - |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | 16.61% |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | 9.61% |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | 15.76% |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn | 17.39% |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn | 13.37% |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn | 19.41% |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn | -33.48% |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn | 12.60% |
| 10 | Electrovaya | 192,800.01 | -23.34 Mn | 6.04 Mn | 12.10% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.10% |
| Dec 31, 2025 | 8.81% |
| Sep 30, 2025 | 11.57% |
| Jun 30, 2025 | 11.45% |
| Mar 31, 2025 | 9.30% |
| Dec 13, 2024 | 2.73% |
| Sep 30, 2024 | 8.45% |
| Jun 30, 2024 | -5.68% |
| Mar 31, 2024 | 6.57% |
| Dec 31, 2023 | -0.83% |
| Sep 30, 2023 | 15.54% |
| Jun 30, 2023 | 0.57% |
| Sep 30, 2022 | -3.84% |
| Jun 30, 2022 | -39.81% |