Electrovaya (ELVA) Net Income (2022 - 2026)

Electrovaya (ELVA) reported Net Income of $2.2 million for Q1 2026, up 56.45% year-over-year from $1.4 million in Q1 2025, and up 48.57% quarter-over-quarter from $1.5 million 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 $2.2 million in Q1 2026.

  • Net Income for Q1 2026 came in at $2.2 million, up 56.45% year-over-year; the trailing twelve-month figure through Mar 2026 was $8.0 million (up 649.0% YoY), and the FY2025 annual result was $1.3 million, up 188.22% from the prior year.
  • Net Income advanced to $2.2 million in Q1 2026 per ELVA's latest filing, from $1.5 million in the prior quarter.
  • Over five years, Net Income peaked at $2.4 million in Q3 2023 and troughed at -$2.3 million in Q2 2022.
  • A 5-year average of $202800.0 and a median of -$247000.0 in 2022 frame the typical range for Net Income.
  • The sharpest annual moves came in 2023 and 2024: Net Income soared 1061.94% in 2023, then sank 362.66% in 2024.
  • A 5-year view of Net Income shows it stood at -$247000.0 in 2022, then plunged by 363.56% to -$1.1 million in 2023, then slipped by 11.0% to -$1.3 million in 2024, then surged by 215.66% to $1.5 million in 2025, then jumped by 48.57% to $2.2 million in 2026.
  • Business Quant data shows ELVA's Net Income at $2.2 million in Q1 2026, $1.5 million in Q4 2025, and $2.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Novonix 479.97 Bn 479.92 Bn - -
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn 390.10 Mn
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn 73.70 Mn
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn 2.00 Mn
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn 183.00 Mn
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn -500,000.00
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn 45.89 Mn
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn -17.53 Mn
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn 96.80 Mn
10 Electrovaya 192,800.01 -23.34 Mn 6.04 Mn 2.18 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 2.18 Mn
Dec 31, 2025 1.47 Mn
Sep 30, 2025 2.37 Mn
Jun 30, 2025 1.96 Mn
Mar 31, 2025 1.40 Mn
Dec 13, 2024 -1.27 Mn
Sep 30, 2024 539,000.00
Jun 30, 2024 -2.12 Mn
Mar 31, 2024 -414,000.00
Dec 31, 2023 -1.15 Mn
Sep 30, 2023 2.38 Mn
Jun 30, 2023 -458,000.00
Mar 31, 2023 -1.27 Mn
Sep 30, 2022 -247,000.00
Jun 30, 2022 -2.34 Mn