Electrovaya (ELVA) Operating Expenses (2022 - 2026)

Electrovaya (ELVA) has 5 years of Operating Expenses data on file, last reported at $2.8 million in Q1 2026.

• Operating Expenses for Q1 2026 came in at $2.8 million, up 26.65% year-over-year; the trailing twelve-month figure through Mar 2026 was $13.8 million (down 21.49% YoY), and the FY2025 annual result was $14.2 million, up 9.41% from the prior year.
• Operating Expenses retreated to $2.8 million in Q1 2026 per ELVA's latest filing, from $3.7 million in the prior quarter.
• Over five years, Operating Expenses peaked at $7.3 million in Q4 2024 and troughed at $1.6 million in Q2 2023.
• A 5-year average of $3.1 million and a median of $2.8 million in 2026 frame the typical range for Operating Expenses.
• On a YoY basis, Operating Expenses climbed as much as 160.33% in 2024 and fell as far as 39.42% in 2024.
• A 5-year view of Operating Expenses shows it stood at $1.6 million in 2022, then soared by 128.81% to $3.6 million in 2023, then jumped by 101.74% to $7.3 million in 2024, then slumped by 48.87% to $3.7 million in 2025, then retreated by 26.37% to $2.8 million in 2026.
• Business Quant data shows ELVA's Operating Expenses at $2.8 million in Q1 2026, $3.7 million in Q4 2025, and $4.0 million in Q3 2025.