Electrovaya (ELVA) Gross Profit (2022 - 2026)

Electrovaya's (ELVA) quarterly Gross Profit came in at $6.0 million in Q1 2026, up 29.19% year-on-year from $4.7 million in Q1 2025, and up 18.05% on a QoQ basis 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.

  • On a quarterly basis, Gross Profit rose 29.19% year-over-year to $6.0 million in Q1 2026; TTM through Mar 2026 was $22.8 million, a 9.85% decrease from a year earlier, with the FY2025 full-year figure at $19.7 million, up 44.06% from the prior year.
  • Gross Profit for Q1 2026 stood at $6.0 million, up from $5.1 million in the prior quarter.
  • Over the last five years, Gross Profit for ELVA reached as high as $13.7 million in Q4 2024 and fell as low as $1.1 million in Q2 2022.
  • Historically, Gross Profit has averaged $4.5 million across 5 years, with a median of $3.7 million in 2024.
  • Across the five-year window, Gross Profit jumped 219.34% in 2023 and fell 19.11% in 2024, its largest moves.
  • Year by year, Gross Profit 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 plunged by 62.64% to $5.1 million in 2025, then advanced by 18.05% to $6.0 million in 2026.
  • Per Business Quant data, the three most recent Gross Profit figures were $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 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn
10 Hayward Holdings 3.13 Bn 2.90 Bn 118.70 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