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.

• On a quarterly basis, Operating Expenses rose 26.65% year-over-year to $2.8 million in Q1 2026; TTM through Mar 2026 was $13.8 million, a 21.49% decrease from a year earlier, with the FY2025 full-year figure at $14.2 million, up 9.41% from the prior year.
• Operating Expenses for Q1 2026 stood at $2.8 million, down from $3.7 million in the prior quarter.
• Over the last five years, Operating Expenses for ELVA reached as high as $7.3 million in Q4 2024 and fell as low as -$1.8 million in Q3 2022.
• Historically, Operating Expenses has averaged $2.8 million across 5 years, with a median of $2.8 million in 2026.
• Across the five-year window, Operating Expenses surged 212.83% in 2023 and slumped 39.42% in 2024, its largest moves.
• Year by year, Operating Expenses stood at -$1.8 million in 2022, then surged by 296.38% to $3.6 million in 2023, then jumped by 101.74% to $7.3 million in 2024, then tumbled by 48.87% to $3.7 million in 2025, then dropped by 26.37% to $2.8 million in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $2.8 million in Q1 2026, $3.7 million in Q4 2025, and $4.0 million in Q3 2025.