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 but down 8.9% 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.
- 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 -$1.19 million in FY2021.
- Quarterly Invested Capital has moved between -$5.45 million (fiscal Q4 2022) and $115.79 million (fiscal Q2 2026) over five years.
- Compared with a year earlier, Invested Capital was higher in four of the last five quarters, with growth averaging 205.0%.
- Per Business Quant data, ELVA's Invested Capital in the three fiscal quarters before Q3 2026 was $115.79 million (Q2 2026), $107.82 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 | 252.99 Bn | 214.06 Bn | 2.36 Bn | 15.91 Bn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 1.64 Bn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 10.36 Bn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 3.35 Bn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 4.21 Bn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | - |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 3.01 Bn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 1.75 Bn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 2.32 Bn |
| 10 | Electrovaya | 274.55 Mn | 212.05 Mn | 6.19 Mn | 105.50 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 105.50 Mn |
| Mar 31, 2026 | 115.79 Mn |
| Dec 31, 2025 | 107.82 Mn |
| Sep 30, 2025 | 51.87 Mn |
| Jun 30, 2025 | 41.12 Mn |
| Mar 31, 2025 | 34.22 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 | -1.19 Mn |
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();