Electrovaya (ELVA) Net Margin (2022 - 2026)
Electrovaya's (ELVA) quarterly Net Margin came in at 1.72% in Q2 2026, down 357.0% year-over-year from 0.67% in Q2 2025, and down 69.48% quarter-over-quarter from 5.64% in Q1 2026.
Analysis
Electrovaya (ELVA) Net Margin (2022 - 2026) Analysis & Trends
Electrovaya (ELVA) has reported Net Margin for 5 consecutive years, with 1.72% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Net Margin fell 357.0% year-over-year to 1.72% in Q2 2026; TTM through Jun 2026 was 3.0%, a 409.0% increase from a year earlier, with the FY2025 full-year figure at 1.16%, up 216.0% from the prior year.
- Net Margin was 1.72% for Q2 2026 at Electrovaya, down from 5.64% in the prior quarter.
- Over five years, Net Margin peaked at 5.64% in Q1 2026 and troughed at 38.83% in Q3 2022.
- A 5-year average of 5.93% and a median of 0.5% in 2023 frame the typical range for Net Margin.
- Across the five-year window, Net Margin jumped 3994 bps in 2023 and slumped 357 bps in 2026, its largest moves.
- Over 5 years, Net Margin stood at 38.83% in 2022, then soared by 97 bps to 0.98% in 2023, then plunged by 278 bps to 3.72% in 2024, then jumped by 245 bps to 5.4% in 2025, then plunged by 68 bps to 1.72% in 2026.
- The last three Net Margin figures came in at 1.72% (Q2 2026), 5.64% (Q1 2026), and 5.4% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | EnerSys | 6.60 Bn | 6.08 Bn | 313.36 Mn | 12.45% |
| 2 | QuantumScape | 3.38 Bn | 3.38 Bn | - | - |
| 3 | Fluence Energy | 1.91 Bn | 1.40 Bn | 33.24 Mn | -6.82% |
| 4 | Eos Energy Enterprises | 1.32 Bn | 972.43 Mn | -48.80 Mn | -590.72% |
| 5 | Enovix | 727.73 Mn | 729.77 Mn | 1.30 Mn | -477.36% |
| 6 | Energy Vault Holdings | 690.97 Mn | 609.42 Mn | 5.38 Mn | -171.21% |
| 7 | Amprius Technologies | 467.46 Mn | 392.94 Mn | 9.28 Mn | -14.91% |
| 8 | Electrovaya | 290.55 Mn | 277.47 Mn | 6.19 Mn | 1.72% |
| 9 | Microvast Holdings | 265.33 Mn | 122.20 Mn | 25.78 Mn | -13.74% |
| 10 | Ses Ai | 166.91 Mn | 166.91 Mn | 1.15 Mn | -353.02% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.72% |
| Mar 31, 2026 | 5.64% |
| Dec 31, 2025 | 5.40% |
| Sep 30, 2025 | -0.02% |
| Jun 30, 2025 | 5.29% |
| Mar 31, 2025 | 5.51% |
| Dec 13, 2024 | -3.72% |
| Sep 30, 2024 | -9.81% |
| Jun 30, 2024 | 3.38% |
| Mar 31, 2024 | -7.78% |
| Dec 31, 2023 | -0.98% |
| Sep 30, 2023 | -9.01% |
| Jun 30, 2023 | 2.45% |
| Mar 31, 2023 | -16.70% |
| Sep 30, 2022 | -38.83% |
| Jun 30, 2022 | -37.49% |