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, up 45.1% 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 $6.36 million in fiscal Q4 2025.
- Year over year, Gross Profit has now increased in each of the last six quarters, with growth averaging 31.8% over the last eight quarters.
- 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 Q4 2024 (a decline of 30.4%).
- 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 | 212.47 Bn | 164.72 Bn | 3.11 Bn |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn |
| 10 | Electrovaya | 185.70 Mn | 123.20 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 |
| Jun 30, 2025 | 5.28 Mn |
| Mar 31, 2025 | 4.67 Mn |
| Dec 31, 2024 | 3.41 Mn |
| Jun 30, 2024 | 3.46 Mn |
| Mar 31, 2024 | 3.73 Mn |
| Dec 31, 2023 | 3.53 Mn |
| Jun 30, 2023 | 2.96 Mn |
| Mar 31, 2023 | 2.19 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();