Electrovaya (ELVA) Interest Expenses (2022 - 2026)

Electrovaya's (ELVA) quarterly Interest Expenses came in at $227000.0 in Q1 2026, down 56.26% year-on-year from $519000.0 in Q1 2025, and down 25.57% on a QoQ basis from $305000.0 in Q4 2025.

Electrovaya (ELVA) Interest Expenses (2022 - 2026) Analysis & Trends

Electrovaya (ELVA) has 5 years of Interest Expenses data on file, last reported at $227000.0 in Q1 2026.

  • On a quarterly basis, Interest Expenses fell 56.26% year-over-year to $227000.0 in Q1 2026; TTM through Mar 2026 was -$513000.0, a 123.35% decrease from a year earlier, with the FY2025 full-year figure at $472000.0, up 521.05% from the prior year.
  • Interest Expenses for Q1 2026 stood at $227000.0, down from $305000.0 in the prior quarter.
  • Over the last five years, Interest Expenses for ELVA reached as high as $2.5 million in Q4 2024 and fell as low as -$2.0 million in Q3 2024.
  • Historically, Interest Expenses has averaged $140668.9 across 5 years, with a median of $427000.0 in 2023.
  • On a YoY basis, Interest Expenses climbed as much as 3869.7% in 2024 and fell as far as 990.83% in 2024.
  • Year by year, Interest Expenses stood at -$1.7 million in 2022, then soared by 124.48% to $427000.0 in 2023, then jumped by 479.39% to $2.5 million in 2024, then slumped by 87.67% to $305000.0 in 2025, then retreated by 25.57% to $227000.0 in 2026.
  • Per Business Quant data, the three most recent Interest Expenses figures were $227000.0 in Q1 2026, $305000.0 in Q4 2025, and -$1.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn 227,000.00
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn 42.80 Mn
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn 638.56 Mn
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn 97.70 Mn
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn 107.80 Mn
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn 39.90 Mn
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn 7.80 Mn
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn 6.64 Mn
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn -7.72 Mn
10 Hayward Holdings 3.13 Bn 2.90 Bn 118.70 Mn 9.25 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 227,000.00
Mar 31, 2026 227,000.00
Dec 31, 2025 305,000.00
Dec 31, 2025 305,000.00
Sep 30, 2025 -1.60 Mn
Sep 30, 2025 -1.60 Mn
Jun 30, 2025 557,000.00
Jun 30, 2025 557,000.00
Mar 31, 2025 519,000.00
Mar 31, 2025 519,000.00
Dec 13, 2024 2.47 Mn
Dec 13, 2024 2.47 Mn
Sep 30, 2024 -2.04 Mn
Sep 30, 2024 -2.04 Mn
Jun 30, 2024 1.24 Mn
Jun 30, 2024 1.24 Mn
Mar 31, 2024 445,000.00
Mar 31, 2024 445,000.00
Dec 31, 2023 427,000.00
Dec 31, 2023 427,000.00