Electrovaya (ELVA) EBIT Margin (2022 - 2026)
Electrovaya (ELVA) posted quarterly 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 reported EBIT Margin for 5 consecutive years, with 12.1% the latest figure, recorded in Q1 2026.
- In Q1 2026, EBIT Margin rose 281.0% year-over-year to 12.1%; the TTM figure through Mar 2026 stood at 11.07% (up 743.0% YoY), while the FY2025 annual figure was 8.68%, up 705.0% from the prior year.
- EBIT Margin improved to 12.1% in Q1 2026 per ELVA's latest filing, from 8.81% in the prior quarter.
- Across five years, EBIT Margin topped out at 15.54% in Q3 2023 and bottomed at 39.81% in Q2 2022.
- Historically, EBIT Margin has averaged 1.65% across 5 years, with a median of 6.57% in 2024.
- Annual changes were most pronounced in 2023 — EBIT Margin soared 4038 bps — and 2024, when it plunged 709 bps.
- Electrovaya's EBIT Margin stood at 3.84% in 2022, then surged by 78 bps to 0.83% in 2023, then jumped by 430 bps to 2.73% in 2024, then surged by 223 bps to 8.81% in 2025, then surged 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.35 Bn | 98.24 Bn | 1.23 Bn | 19.48% |
| 2 | Bloom Energy | 58.17 Bn | 55.50 Bn | 355.57 Mn | 17.11% |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn | 20.44% |
| 4 | Hubbell | 24.90 Bn | 24.51 Bn | 613.00 Mn | 20.36% |
| 5 | Advanced Energy Industries | 11.37 Bn | 9.96 Bn | 236.10 Mn | 16.57% |
| 6 | Acuity Inc. (De) | 10.36 Bn | 9.95 Bn | 606.40 Mn | 16.14% |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn | 20.55% |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn | 16.18% |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn | 23.87% |
| 10 | Electrovaya | 328.13 Mn | 304.60 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% |
| Mar 31, 2023 | -12.11% |
| Sep 30, 2022 | -3.84% |
| Jun 30, 2022 | -39.81% |