Electrovaya (ELVA) Gross Profit (2022 - 2026)
Electrovaya (ELVA) reported Gross Profit of $6.19 million for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 17.3% from $5.28 million a year earlier and up 2.5% from the prior quarter.
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Analysis
Electrovaya (ELVA) Gross Profit (2022 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Electrovaya's Gross Profit came in at $23.7 million, down 12.5% year-over-year; for FY2025 (ended Sep 30, 2025), it was $19.72 million, up 44.1% from FY2024.
- Gross Profit has increased for three consecutive fiscal years, with a three-year compound annual growth rate of 72.0% (FY2022 to FY2025).
- By fiscal year, Gross Profit came in at $13.69 million in FY2024 (+15.5%), $11.86 million in FY2023 (+206.0%) and $3.87 million in FY2022.
- Five-year quarterly Gross Profit spans a low of $1.09 million in fiscal Q3 2022 and a high of $13.69 million in fiscal Q1 2025.
- Year over year, Gross Profit gained in five of the last seven quarters, with growth averaging 18.1%.
- The high point for year-over-year Gross Profit in five years was fiscal Q4 2023 (growth of 219.3%); the low point was fiscal Q1 2026 (a decline of 62.6%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $6.04 million (Q2 2026), $5.11 million (Q1 2026) and $6.36 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn |
| 10 | Electrovaya | 274.55 Mn | 212.05 Mn | 6.19 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.19 Mn |
| Mar 31, 2026 | 6.04 Mn |
| Dec 31, 2025 | 5.11 Mn |
| Sep 30, 2025 | 6.36 Mn |
| Jun 30, 2025 | 5.28 Mn |
| Mar 31, 2025 | 4.67 Mn |
| Dec 13, 2024 | 13.69 Mn |
| Sep 30, 2024 | 3.46 Mn |
| Jun 30, 2024 | 3.46 Mn |
| Mar 31, 2024 | 3.73 Mn |
| Dec 31, 2023 | 3.53 Mn |
| Sep 30, 2023 | 4.28 Mn |
| Jun 30, 2023 | 2.96 Mn |
| Sep 30, 2022 | 1.34 Mn |
| Jun 30, 2022 | 1.09 Mn |
API Access
Electrovaya Gross Profit API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-profit&ticker=ELVA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "ticker": "ELVA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-profit&ticker=ELVA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();