Electrovaya (ELVA) Operating Expenses (2022 - 2026)
Electrovaya (ELVA) reported Operating Expenses of $2.8 million for Q1 2026, up 26.65% year-over-year from $2.2 million in Q1 2025, and up 26.65% on a QoQ basis from $2.2 million in Q1 2025.
Electrovaya (ELVA) has 2 years of Operating Expenses data on file, last reported at $2.8 million in Q1 2026.
- Quarterly Operating Expenses rose 26.65% year-over-year to $2.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $4.9 million (up 126.65% YoY) and the FY2025 annual result came in at $14.2 million, up 9.41% from the prior year.
- Operating Expenses rose to $2.8 million in Q1 2026 per ELVA's latest filing, from $2.2 million in the prior quarter.
- Across five years, Operating Expenses topped out at $2.8 million in Q1 2026 and bottomed at $2.2 million in Q1 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn | 451.80 Mn |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn | 153.35 Mn |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn | 249.90 Mn |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn | 241.50 Mn |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn | 132.60 Mn |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn | 30.13 Mn |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn | 387.40 Mn |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | 19.72 Mn |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | 87.88 Mn |
| 10 | Electrovaya | 1.84 Bn | 1.82 Bn | 6.04 Mn | 2.76 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 31, 2024 | 3.60 Mn |
| Sep 30, 2024 | 2.27 Mn |
| Jun 30, 2024 | 4.04 Mn |
| Mar 31, 2024 | 1.56 Mn |
| Dec 31, 2023 | 3.63 Mn |
| Sep 30, 2023 | 2.09 Mn |
| Jun 30, 2023 | 1.55 Mn |
| Mar 31, 2023 | 2.58 Mn |
| Sep 30, 2022 | 1.59 Mn |
| Jun 30, 2022 | 1.61 Mn |