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| Date | Value |
|---|---|
| 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 |