Electrovaya (ELVA) Interest Expenses (2022 - 2026)
Electrovaya (ELVA) posted quarterly Interest Expenses of $227000.0 for Q1 2026, down 56.26% year-over-year from $519000.0 in Q1 2025, and down 25.57% quarter-over-quarter from $305000.0 in Q4 2025.
Electrovaya (ELVA) Interest Expenses (2022 - 2026) Analysis & Trends
Electrovaya (ELVA) has reported Interest Expenses for 5 consecutive years, with $227000.0 the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Expenses fell 56.26% year-over-year to $227000.0; the TTM figure through Mar 2026 stood at $1.3 million (up 0.84% YoY), while the FY2025 annual figure was $2.1 million, down 4.97% from the prior year.
- Interest Expenses fell to $227000.0 in Q1 2026 per ELVA's latest filing, from $305000.0 in the prior quarter.
- Across five years, Interest Expenses topped out at $2.5 million in Q4 2024 and bottomed at -$2.0 million in Q3 2024.
- Historically, Interest Expenses has averaged $203668.9 across 5 years, with a median of $356000.0 in 2024.
- On a YoY basis, Interest Expenses climbed as much as 1178.79% in 2024 and fell as far as 990.83% in 2024.
- Electrovaya's Interest Expenses stood at -$1.7 million in 2022, then jumped by 124.48% to $427000.0 in 2023, then surged by 479.39% to $2.5 million in 2024, then slumped by 87.67% to $305000.0 in 2025, then declined by 25.57% to $227000.0 in 2026.
- Business Quant data shows ELVA's Interest Expenses at $227000.0 in Q1 2026, $305000.0 in Q4 2025, and $197000.0 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 100.83 Bn | 97.72 Bn | 1.23 Bn | 17.40 Mn |
| 2 | Bloom Energy | 57.56 Bn | 54.89 Bn | 355.57 Mn | 8.91 Mn |
| 3 | Hubbell | 24.89 Bn | 24.50 Bn | 613.00 Mn | - |
| 4 | nVent Electric | 24.60 Bn | 24.35 Bn | 558.00 Mn | 1.30 Mn |
| 5 | Advanced Energy Industries | 11.11 Bn | 9.69 Bn | 236.10 Mn | 3.30 Mn |
| 6 | Acuity Inc. (De) | 10.38 Bn | 9.97 Bn | 606.40 Mn | - |
| 7 | Powell Industries | 7.20 Bn | 6.57 Bn | 95.30 Mn | - |
| 8 | EnerSys | 6.92 Bn | 6.39 Bn | 313.36 Mn | 10.60 Mn |
| 9 | Plug Power | 3.17 Bn | 2.85 Bn | -1.68 Mn | 16.89 Mn |
| 10 | Electrovaya | 326.66 Mn | 303.12 Mn | 6.04 Mn | 545,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 197,000.00 |
| Sep 30, 2025 | 197,000.00 |
| Jun 30, 2025 | 591,000.00 |
| Jun 30, 2025 | 591,000.00 |
| 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 | 356,000.00 |
| Jun 30, 2024 | 356,000.00 |
| Mar 31, 2024 | 445,000.00 |
| Mar 31, 2024 | 445,000.00 |
| Dec 31, 2023 | 427,000.00 |
| Dec 31, 2023 | 427,000.00 |