Electrovaya (ELVA) Interest Expenses (2022 - 2026)
Electrovaya (ELVA) reported Interest Expenses of $383,000 for fiscal Q3 2026 (quarter ended Jun 30, 2026), down 35.2% from $591,000 a year earlier and down 29.7% from the prior quarter.
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Analysis
Electrovaya (ELVA) Interest Expenses (2022 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Electrovaya's Interest Expenses came in at $3.12 million, down 29.1% year-over-year; for FY2025 (ended Sep 30, 2025), it came in at $3.67 million, up 34.8% from FY2024.
- Interest Expenses has a three-year compound annual growth rate of 6.5% (FY2022 to FY2025).
- By fiscal year, Interest Expenses came in at $2.72 million in FY2024 (-45.0%), $4.95 million in FY2023 (+63.0%) and $3.04 million in FY2022.
- The fiscal Q3 2026 figure ranks as the lowest quarterly Interest Expenses in data going back to fiscal Q3 2022.
- Year over year, Interest Expenses has now declined in each of the last three quarters, with an average decline of 20.5% over the last seven quarters.
- The high point for year-over-year Interest Expenses in five years was fiscal Q3 2024 (growth of 265.1%); the low point was fiscal Q1 2026 (a decline of 81.1%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $545,000 (Q2 2026), $448,000 (Q1 2026) and $1.75 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | -73.00 Mn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 8.91 Mn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 5.56 Mn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 5.28 Mn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 16.79 Mn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | - |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 10.60 Mn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 327,000.00 |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 8.40 Mn |
| 10 | Electrovaya | 274.55 Mn | 212.05 Mn | 6.19 Mn | 383,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 383,000.00 |
| Mar 31, 2026 | 545,000.00 |
| Dec 31, 2025 | 448,000.00 |
| Sep 30, 2025 | 1.75 Mn |
| Jun 30, 2025 | 591,000.00 |
| Mar 31, 2025 | 632,000.00 |
| Dec 13, 2024 | 2.37 Mn |
| Sep 30, 2024 | 812,000.00 |
| Jun 30, 2024 | 1.89 Mn |
| Mar 31, 2024 | 1.55 Mn |
| Dec 31, 2023 | 475,000.00 |
| Sep 30, 2023 | 816,000.00 |
| Jun 30, 2023 | 518,000.00 |
| Sep 30, 2022 | 1.14 Mn |
| Jun 30, 2022 | 622,000.00 |
API Access
Electrovaya Interest Expenses 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=interest-expenses&ticker=ELVA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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=interest-expenses&ticker=ELVA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();