Electrovaya (ELVA) Gross Profit (2022 - 2026)

Electrovaya (ELVA) reported Gross Profit of $6.0 million for Q1 2026, up 29.19% year-over-year from $4.7 million in Q1 2025, and up 18.05% quarter-over-quarter from $5.1 million in Q4 2025.

Electrovaya (ELVA) Gross Profit (2022 - 2026) Analysis & Trends

Electrovaya (ELVA) has 5 years of Gross Profit data on file, last reported at $6.0 million in Q1 2026.

  • Gross Profit for Q1 2026 came in at $6.0 million, up 29.19% year-over-year; the trailing twelve-month figure through Mar 2026 was $22.8 million (down 9.85% YoY), and the FY2025 annual result was $19.7 million, up 44.06% from the prior year.
  • Gross Profit rose to $6.0 million in Q1 2026 per ELVA's latest filing, from $5.1 million in the prior quarter.
  • Over five years, Gross Profit peaked at $13.7 million in Q4 2024 and troughed at $1.1 million in Q2 2022.
  • A 5-year average of $4.5 million and a median of $3.7 million in 2024 frame the typical range for Gross Profit.
  • The sharpest annual moves came in 2023 and 2024: Gross Profit soared 219.34% in 2023, then decreased 19.11% in 2024.
  • A 5-year view of Gross Profit shows it stood at $1.3 million in 2022, then jumped by 163.55% to $3.5 million in 2023, then surged by 287.9% to $13.7 million in 2024, then tumbled by 62.64% to $5.1 million in 2025, then increased by 18.05% to $6.0 million in 2026.
  • Business Quant data shows ELVA's Gross Profit at $6.0 million in Q1 2026, $5.1 million in Q4 2025, and $6.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Novonix 479.97 Bn 479.92 Bn -
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn
10 Electrovaya 192,800.01 -23.34 Mn 6.04 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 6.04 Mn
Mar 31, 2026 6.04 Mn
Dec 31, 2025 5.11 Mn
Dec 31, 2025 5.11 Mn
Sep 30, 2025 6.36 Mn
Sep 30, 2025 6.36 Mn
Jun 30, 2025 5.28 Mn
Jun 30, 2025 5.28 Mn
Mar 31, 2025 4.67 Mn
Mar 31, 2025 4.67 Mn
Dec 13, 2024 13.69 Mn
Dec 13, 2024 13.69 Mn
Sep 30, 2024 3.46 Mn
Sep 30, 2024 3.46 Mn
Jun 30, 2024 3.46 Mn
Jun 30, 2024 3.46 Mn
Mar 31, 2024 3.73 Mn
Mar 31, 2024 3.73 Mn
Dec 31, 2023 3.53 Mn
Dec 31, 2023 3.53 Mn