Electrovaya (ELVA) Net Margin (2022 - 2026)
Electrovaya (ELVA) reported Net Margin of 12.1% for Q1 2026, up 281.0% year-over-year from 3.18% in Q1 2025, and up 28.04% quarter-over-quarter from 9.45% in Q4 2025.
Electrovaya (ELVA) Net Margin (2022 - 2026) Analysis & Trends
Electrovaya (ELVA) has 5 years of Net Margin data on file, last reported at 12.1% in Q1 2026.
- Net Margin for Q1 2026 came in at 12.1%, up 281.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 11.21% (up 1303.0% YoY), and the FY2025 annual result was 2.05%, up 587.0% from the prior year.
- Net Margin grew to 12.1% in Q1 2026 per ELVA's latest filing, from 9.45% in the prior quarter.
- Over five years, Net Margin peaked at 15.54% in Q3 2023 and troughed at 54.26% in Q2 2022.
- A 5-year average of 0.94% and a median of 6.47% in 2024 frame the typical range for Net Margin.
- The sharpest annual moves came in 2023 and 2024: Net Margin surged 4991 bps in 2023, then slumped 1628 bps in 2024.
- A 5-year view of Net Margin shows it stood at 3.84% in 2022, then tumbled by 146 bps to 9.47% in 2023, then surged by 70 bps to 2.88% in 2024, then soared by 428 bps to 9.45% in 2025, then climbed by 28 bps to 12.1% in 2026.
- Business Quant data shows ELVA's Net Margin at 12.1% in Q1 2026, 9.45% in Q4 2025, and 11.57% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - | - |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | 14.72% |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | 9.41% |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | 0.16% |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn | 12.07% |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn | -0.10% |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn | 15.47% |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn | -52.10% |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn | 9.17% |
| 10 | Electrovaya | 192,800.01 | -23.34 Mn | 6.04 Mn | 12.10% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.10% |
| Dec 31, 2025 | 9.45% |
| Sep 30, 2025 | 11.57% |
| Jun 30, 2025 | 11.45% |
| Mar 31, 2025 | 9.30% |
| Dec 13, 2024 | -2.88% |
| Sep 30, 2024 | 5.09% |
| Jun 30, 2024 | -20.62% |
| Mar 31, 2024 | 7.84% |
| Dec 31, 2023 | -9.47% |
| Sep 30, 2023 | 15.54% |
| Jun 30, 2023 | -4.35% |
| Sep 30, 2022 | -3.84% |
| Jun 30, 2022 | -54.26% |