Electrovaya (ELVA) EBIT Margin (2022 - 2026)
Electrovaya (ELVA) reported EBIT Margin of 4.45% for fiscal Q3 2026 (quarter ended Jun 30, 2026), down 7.00 percentage points from 11.45% a year earlier and down 7.65 percentage points from the prior quarter.
Electrovaya (ELVA) EBIT Margin (2022 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Electrovaya's EBIT Margin came in at 9.35%, up 5.31 percentage points year-over-year; for FY2025 (ended Sep 30, 2025), it was 8.68%, up 7.05 percentage points from FY2024.
- EBIT Margin has a three-year change of +53.36 percentage points (FY2022 to FY2025).
- By fiscal year, EBIT Margin came in at 1.63% in FY2024 (-1.10 pp), 2.73% in FY2023 (+47.41 pp) and -44.68% in FY2022.
- The fiscal Q3 2026 figure ranks as the lowest quarterly EBIT Margin since fiscal Q1 2025.
- Year over year, EBIT Margin gained in five of the last seven quarters, with an average year-over-year change of +0.90 percentage points.
- The high point for year-over-year EBIT Margin in five years was fiscal Q3 2023 (a gain of 40.38 percentage points); the low point was fiscal Q4 2024 (a drop of 21.05 percentage points).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at 12.10% (Q2 2026), 8.81% (Q1 2026) and 11.57% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 5.88% |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 17.11% |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 42.64% |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 12.66% |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 17.93% |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 20.41% |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 16.18% |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 17.65% |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 6.71% |
| 10 | Electrovaya | 274.55 Mn | 212.05 Mn | 6.19 Mn | 4.45% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.45% |
| 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 | 1.65% |
| Sep 30, 2024 | -5.51% |
| Jun 30, 2024 | 6.84% |
| Mar 31, 2024 | 6.57% |
| Dec 31, 2023 | -0.83% |
| Sep 30, 2023 | 15.54% |
| Jun 30, 2023 | 0.57% |
| Sep 30, 2022 | -21.04% |
| Jun 30, 2022 | -39.81% |
Electrovaya EBIT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebit-margin&ticker=ELVA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "ticker": "ELVA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebit-margin&ticker=ELVA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();