Electrovaya (ELVA) Invested Capital (2021 - 2026)
Electrovaya's Invested Capital was $105.5 million in fiscal Q3 2026 (quarter ended Jun 30, 2026), up 156.5% from $41.12 million a year earlier and up 11.4% from the prior quarter.
Electrovaya (ELVA) Invested Capital (2021 - 2026) Analysis & Trends
For FY2025 (ended Sep 30, 2025), Invested Capital at Electrovaya came in at $51.87 million, up 409.6% from FY2024.
- Invested Capital shows a four-year compound annual growth rate of 173.1% (FY2021 to FY2025).
- In earlier fiscal years, Invested Capital was $10.18 million in FY2024 (-4.0%), $10.6 million in FY2023, -$5.45 million in FY2022 and $932,756 in FY2021.
- The fiscal Q3 2026 figure marks the highest quarterly Invested Capital in data going back to fiscal Q4 2021.
- Compared with a year earlier, Invested Capital has increased for four straight quarters, with growth averaging 197.9% over the last six quarters.
- Per Business Quant data, ELVA's Invested Capital in the three fiscal quarters before Q3 2026 was $94.72 million (Q2 2026), $87.58 million (Q1 2026) and $51.87 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn | 15.33 Bn |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn | 1.97 Bn |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn | 10.99 Bn |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn | - |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn | 3.44 Bn |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn | 4.35 Bn |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn | 2.94 Bn |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn | 2.72 Bn |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn | 2.28 Bn |
| 10 | Electrovaya | 185.70 Mn | 123.20 Mn | 6.19 Mn | 105.50 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 105.50 Mn |
| Mar 31, 2026 | 94.72 Mn |
| Dec 31, 2025 | 87.58 Mn |
| Sep 30, 2025 | 51.87 Mn |
| Jun 30, 2025 | 41.12 Mn |
| Mar 31, 2025 | 34.22 Mn |
| Dec 31, 2024 | 27.07 Mn |
| Sep 30, 2024 | 10.18 Mn |
| Mar 31, 2024 | 10.54 Mn |
| Sep 30, 2023 | 10.60 Mn |
| Jun 30, 2023 | 9.79 Mn |
| Sep 30, 2022 | -5.45 Mn |
| Oct 1, 2021 | 932,756.00 |
Electrovaya Invested Capital 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=invested-capital&ticker=ELVA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=ELVA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();