Electrovaya (ELVA) Gross Margin (2022 - 2026)

Electrovaya (ELVA) reported Gross Margin of 33.45% for Q1 2026, up 233.0% year-over-year from 10.04% in Q1 2025, and up 7.5% on a QoQ basis from 31.12% in Q1 2025.

Electrovaya (ELVA) has 2 years of Gross Margin data on file, last reported at 33.45% in Q1 2026.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Vertiv Holdings 125.39 Bn 122.89 Bn 999.70 Mn 37.73%
2 Bloom Energy 85.22 Bn 82.75 Bn 225.54 Mn 30.03%
3 nVent Electric 26.63 Bn 26.44 Bn 445.60 Mn 35.88%
4 Hubbell 25.22 Bn 24.72 Bn 505.30 Mn 33.32%
5 Advanced Energy Industries 12.25 Bn 12.25 Bn 200.90 Mn 39.32%
6 Powell Industries 10.16 Bn 9.61 Bn 87.94 Mn 29.65%
7 Acuity Inc. (De) 8.82 Bn 8.55 Bn 520.40 Mn 49.29%
8 EnerSys 8.70 Bn 8.26 Bn 290.87 Mn 29.44%
9 Plug Power 5.25 Bn 4.87 Bn -21.61 Mn -13.21%
10 Electrovaya 1.84 Bn 1.82 Bn 6.04 Mn 33.45%

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 33.45%
Dec 31, 2025 32.88%
Sep 30, 2025 31.03%
Jun 30, 2025 30.80%
Mar 31, 2025 31.12%
Dec 31, 2024 30.51%
Sep 30, 2024 50.96%
Jun 30, 2024 33.67%
Mar 31, 2024 34.83%
Dec 31, 2023 29.19%
Sep 30, 2023 27.97%
Jun 30, 2023 28.13%
Sep 30, 2022 20.84%
Jun 30, 2022 25.25%