Electrovaya (ELVA) Net Margin (2022 - 2026)
Electrovaya (ELVA) reported Net Margin of 1.72% for fiscal Q3 2026 (quarter ended Jun 30, 2026), down 3.57 percentage points from 5.29% a year earlier and down 3.92 percentage points from the prior quarter.
Electrovaya (ELVA) Net Margin (2022 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Electrovaya's Net Margin came in at 6.14%, up 6.22 percentage points year-over-year; for FY2025 (ended Sep 30, 2025), it came in at 5.27%, up 6.00 percentage points from FY2024.
- Net Margin has increased for three consecutive fiscal years, with a three-year change of +61.88 percentage points (FY2022 to FY2025).
- By fiscal year, Net Margin came in at -0.73% in FY2024 (+2.63 pp), -3.36% in FY2023 (+53.26 pp) and -56.61% in FY2022.
- The fiscal Q3 2026 figure ranks as the lowest quarterly Net Margin since fiscal Q1 2025.
- Year over year, Net Margin gained in five of the last seven quarters, with an average year-over-year change of +5.62 percentage points.
- The high point for year-over-year Net Margin in five years was fiscal Q4 2023 (a gain of 51.12 percentage points); the low point was fiscal Q3 2024 (a drop of 3.88 percentage points).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at 5.64% (Q2 2026), 6.67% (Q1 2026) and 9.99% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 6.02% |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 18.42% |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 40.01% |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 9.87% |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 12.21% |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 17.68% |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 12.45% |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 12.36% |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 2.89% |
| 10 | Electrovaya | 274.55 Mn | 212.05 Mn | 6.19 Mn | 1.72% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.72% |
| Mar 31, 2026 | 5.64% |
| Dec 31, 2025 | 6.67% |
| Sep 30, 2025 | 9.99% |
| Jun 30, 2025 | 5.29% |
| Mar 31, 2025 | 5.51% |
| Dec 13, 2024 | -3.37% |
| Sep 30, 2024 | -3.06% |
| Jun 30, 2024 | -3.15% |
| Mar 31, 2024 | -7.84% |
| Dec 31, 2023 | -1.72% |
| Sep 30, 2023 | -0.92% |
| Jun 30, 2023 | 0.73% |
| Sep 30, 2022 | -52.05% |
| Jun 30, 2022 | -33.94% |
Electrovaya Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=ELVA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "ELVA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=ELVA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();