Electrovaya (ELVA) Net Margin (2022 - 2026)
Electrovaya (ELVA) posted quarterly Net Margin of 10.84% for Q1 2026, up 500.0% year-over-year from 1.81% in Q1 2025, and up 74.41% quarter-over-quarter from 6.22% in Q4 2025.
Electrovaya (ELVA) Net Margin (2022 - 2026) Analysis & Trends
Electrovaya (ELVA) has reported Net Margin for 5 consecutive years, with 10.84% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin rose 500.0% year-over-year to 10.84%; the TTM figure through Mar 2026 stood at 9.08% (up 878.0% YoY), while the FY2025 annual figure was 2.05%, up 538.0% from the prior year.
- Net Margin improved to 10.84% in Q1 2026 per ELVA's latest filing, from 6.22% in the prior quarter.
- Across five years, Net Margin topped out at 27.7% in Q3 2024 and bottomed at 37.49% in Q2 2022.
- Historically, Net Margin has averaged 0.21% across 5 years, with a median of 2.45% in 2023.
- On a YoY basis, Net Margin climbed as much as 3994 bps in 2023 and fell as far as 3230 bps in 2023.
- Electrovaya's Net Margin stood at 23.3% in 2022, then slumped by 119 bps to 4.36% in 2023, then dropped by 2 bps to 4.43% in 2024, then jumped by 240 bps to 6.22% in 2025, then surged by 74 bps to 10.84% in 2026.
- Business Quant data shows ELVA's Net Margin at 10.84% in Q1 2026, 6.22% in Q4 2025, and 10.61% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.35 Bn | 98.24 Bn | 1.23 Bn | 15.20% |
| 2 | Bloom Energy | 58.17 Bn | 55.50 Bn | 355.57 Mn | 18.42% |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn | 14.67% |
| 4 | Hubbell | 24.90 Bn | 24.51 Bn | 613.00 Mn | 14.15% |
| 5 | Advanced Energy Industries | 11.37 Bn | 9.96 Bn | 236.10 Mn | 9.42% |
| 6 | Acuity Inc. (De) | 10.36 Bn | 9.95 Bn | 606.40 Mn | 11.77% |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn | 16.73% |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn | 12.45% |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn | 14.33% |
| 10 | Electrovaya | 328.13 Mn | 304.60 Mn | 6.04 Mn | 9.08% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.84% |
| Dec 31, 2025 | 6.22% |
| Sep 30, 2025 | 10.61% |
| Jun 30, 2025 | 8.00% |
| Mar 31, 2025 | 5.84% |
| Dec 13, 2024 | -4.43% |
| Sep 30, 2024 | 27.70% |
| Jun 30, 2024 | -15.76% |
| Mar 31, 2024 | 2.41% |
| Dec 31, 2023 | -4.36% |
| Sep 30, 2023 | -9.01% |
| Jun 30, 2023 | 2.45% |
| Mar 31, 2023 | -23.20% |
| Sep 30, 2022 | 23.30% |
| Jun 30, 2022 | -37.49% |