Electrovaya (ELVA) FCF Margin (2022 - 2026)
Electrovaya's FCF Margin came in at -48.91% for fiscal Q3 2026 (quarter ended Jun 30, 2026), down 42.86 percentage points from -6.05% a year earlier and down 5.92 percentage points from the prior quarter.
Electrovaya (ELVA) FCF Margin (2022 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Electrovaya reported FCF Margin of 8.46%, up 14.03 percentage points year-over-year; for FY2025 (ended Sep 30, 2025), it came in at 21.07%, up 13.41 percentage points from FY2024.
- FCF Margin has increased in each of the last three fiscal years, with a three-year change of +34.90 percentage points (FY2022 to FY2025).
- Going back by fiscal year, FCF Margin was 7.66% in FY2024 (+18.40 pp), -10.74% in FY2023 (+3.09 pp) and -13.82% in FY2022.
- The fiscal Q3 2026 figure represents the lowest quarterly FCF Margin in data going back to fiscal Q4 2022.
- Year-over-year, FCF Margin increased in two of the last six quarters, with an average year-over-year change of +2.90 percentage points.
- The fastest year-over-year change in FCF Margin over five years came in fiscal Q4 2025 (a gain of 86.78 percentage points), and the weakest in fiscal Q4 2023 (a drop of 185.67 percentage points).
- Business Quant data shows ELVA's FCF Margin at -42.99% (Q2 2026), 26.69% (Q1 2026) and 89.49% (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 45.98% |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 16.41% |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | -28.99% |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 12.75% |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 5.36% |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 11.25% |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 23.27% |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 8.88% |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 18.03% |
| 10 | Electrovaya | 274.55 Mn | 212.05 Mn | 6.19 Mn | -48.91% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -48.91% |
| Mar 31, 2026 | -42.99% |
| Dec 31, 2025 | 26.69% |
| Sep 30, 2025 | 89.49% |
| Jun 30, 2025 | -6.05% |
| Mar 31, 2025 | -32.47% |
| Sep 30, 2024 | 2.71% |
| Jun 30, 2024 | 7.69% |
| Mar 31, 2024 | 16.61% |
| Dec 31, 2023 | 4.67% |
| Sep 30, 2023 | -44.13% |
| Jun 30, 2023 | 36.68% |
| Sep 30, 2022 | 141.54% |
Electrovaya FCF 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=fcf-margin&ticker=ELVA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=ELVA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();