Electrovaya ELVA
NASDAQ ELVA
$6.59 -0.19 (-2.80%)
At close: Sep 10, 2026 · 4:00 PM EDT

Electrovaya (ELVA) Operating Expenses (2022 - 2026)

Electrovaya's (ELVA) quarterly Operating Expenses came in at $1.1 million in Q2 2026, down 67.81% year-over-year from $3.3 million in Q2 2025, and down 61.28% quarter-over-quarter from $2.8 million in Q1 2026.

Analysis

Electrovaya (ELVA) Operating Expenses (2022 - 2026) Analysis & Trends

Electrovaya (ELVA) has reported Operating Expenses for 5 consecutive years, with $1.1 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Expenses fell 67.81% year-over-year to $1.1 million in Q2 2026; TTM through Jun 2026 was $11.6 million, a 34.94% decrease from a year earlier, with the FY2025 full-year figure at $14.2 million, up 9.41% from the prior year.
  • Operating Expenses was $1.1 million for Q2 2026 at Electrovaya, down from $2.8 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $8.2 million in Q4 2024 and troughed at -$4.7 million in Q3 2023.
  • A 5-year average of $2.6 million and a median of $2.7 million in 2023 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses slumped 328.13% in 2023 and soared 186.41% in 2024, its largest moves.
  • Over 5 years, Operating Expenses stood at $2.1 million in 2022, then jumped by 76.94% to $3.6 million in 2023, then surged by 126.73% to $8.2 million in 2024, then plunged by 54.51% to $3.7 million in 2025, then sank by 71.49% to $1.1 million in 2026.
  • The last three Operating Expenses figures came in at $1.1 million (Q2 2026), $2.8 million (Q1 2026), and $3.7 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 EnerSys 6.54 Bn 6.01 Bn 313.36 Mn 151.24 Mn
2 QuantumScape 3.20 Bn 3.20 Bn - 106.13 Mn
3 Eos Energy Enterprises 1.35 Bn 1.00 Bn -48.80 Mn 35.01 Mn
4 Fluence Energy 1.34 Bn 769.30 Mn 33.24 Mn 63.04 Mn
5 Energy Vault Holdings 752.49 Mn 645.13 Mn 5.38 Mn 30.04 Mn
6 Enovix 689.37 Mn 689.37 Mn 1.30 Mn 44.60 Mn
7 Amprius Technologies 436.15 Mn 361.63 Mn 9.28 Mn 13.58 Mn
8 Electrovaya 257.13 Mn 244.05 Mn 6.19 Mn 1.07 Mn
9 Microvast Holdings 215.82 Mn 72.70 Mn 25.78 Mn 27.51 Mn
10 Ses Ai 176.50 Mn 176.50 Mn 1.15 Mn 20.34 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.07 Mn
Mar 31, 2026 2.76 Mn
Dec 31, 2025 3.74 Mn
Sep 30, 2025 3.99 Mn
Jun 30, 2025 3.32 Mn
Mar 31, 2025 2.18 Mn
Dec 13, 2024 8.23 Mn
Sep 30, 2024 4.04 Mn
Jun 30, 2024 4.04 Mn
Mar 31, 2024 1.72 Mn
Dec 31, 2023 3.63 Mn
Sep 30, 2023 -4.68 Mn
Jun 30, 2023 1.55 Mn
Mar 31, 2023 2.58 Mn
Sep 30, 2022 2.05 Mn
Jun 30, 2022 1.61 Mn