Electrovaya (ELVA) Gross Profit (2022 - 2026)

Electrovaya (ELVA) has reported Gross Profit for 5 consecutive years, with $6.0 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Gross Profit rose 29.19% year-over-year to $6.0 million; the TTM figure through Mar 2026 stood at $22.8 million (down 9.85% YoY), while the FY2025 annual figure was $19.7 million, up 44.06% from the prior year.
• Gross Profit climbed to $6.0 million in Q1 2026 per ELVA's latest filing, from $5.1 million in the prior quarter.
• Across five years, Gross Profit topped out at $13.7 million in Q4 2024 and bottomed at $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.
• Annual changes were most pronounced in 2023 — Gross Profit soared 219.34% — and 2024, when it decreased 19.11%.
• Electrovaya's Gross Profit stood at $1.3 million in 2022, then surged by 163.55% to $3.5 million in 2023, then soared by 287.9% to $13.7 million in 2024, then plunged by 62.64% to $5.1 million in 2025, then rose 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.