Electrovaya (ELVA) Net Income (2022 - 2026)

Electrovaya's (ELVA) quarterly Net Income came in at $2.0 million in Q1 2026, up 123.15% year-on-year from $877000.0 in Q1 2025, and up 102.38% on a QoQ basis from $967000.0 in Q4 2025.

Electrovaya (ELVA) Net Income (2022 - 2026) Analysis & Trends

Electrovaya (ELVA) has 5 years of Net Income data on file, last reported at $2.0 million in Q1 2026.

  • On a quarterly basis, Net Income rose 123.15% year-over-year to $2.0 million in Q1 2026; TTM through Mar 2026 was $8.3 million, a 11473.97% increase from a year earlier, with the FY2025 full-year figure at $1.3 million, up 188.22% from the prior year.
  • Net Income for Q1 2026 stood at $2.0 million, up from $967000.0 in the prior quarter.
  • Over the last five years, Net Income for ELVA reached as high as $4.9 million in Q3 2022 and fell as low as -$2.9 million in Q3 2024.
  • Historically, Net Income has averaged $644728.5 across 5 years, with a median of $877000.0 in 2025.
  • Across the five-year window, Net Income plunged 127.93% in 2023 and surged 239.15% in 2025, its largest moves.
  • Year by year, Net Income stood at $4.9 million in 2022, then tumbled by 63.62% to $1.8 million in 2023, then tumbled by 32.94% to $1.2 million in 2024, then decreased by 19.62% to $967000.0 in 2025, then surged by 102.38% to $2.0 million in 2026.
  • Per Business Quant data, the three most recent Net Income figures were $2.0 million in Q1 2026, $967000.0 in Q4 2025, and $4.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Electrovaya 415.18 Bn 415.15 Bn 6.04 Mn 1.96 Mn
2 Vertiv Holdings 112.54 Bn 110.04 Bn 999.70 Mn 390.10 Mn
3 Bloom Energy 54.90 Bn 52.41 Bn 225.54 Mn 73.66 Mn
4 Hubbell 26.04 Bn 25.53 Bn 505.30 Mn 183.00 Mn
5 nVent Electric 24.70 Bn 24.51 Bn 445.60 Mn 2.00 Mn
6 Advanced Energy Industries 11.62 Bn 10.92 Bn 200.90 Mn -500,000.00
7 Acuity Inc. (De) 10.17 Bn 9.76 Bn 606.40 Mn -55.00 Mn
8 Powell Industries 8.51 Bn 7.96 Bn 87.94 Mn 45.89 Mn
9 EnerSys 7.18 Bn 6.74 Bn 290.87 Mn 77.30 Mn
10 Hayward Holdings 3.21 Bn 2.98 Bn 118.70 Mn 23.36 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.96 Mn
Dec 31, 2025 967,000.00
Sep 30, 2025 3.97 Mn
Jun 30, 2025 1.41 Mn
Mar 31, 2025 877,000.00
Dec 13, 2024 1.20 Mn
Sep 30, 2024 -2.86 Mn
Jun 30, 2024 703,000.00
Mar 31, 2024 -804,000.00
Dec 31, 2023 1.79 Mn
Sep 30, 2023 -1.38 Mn
Jun 30, 2023 258,000.00
Mar 31, 2023 -1.75 Mn
Sep 30, 2022 4.93 Mn
Jun 30, 2022 -1.61 Mn