Electrovaya (ELVA) Operating Income (2022 - 2026)

Electrovaya (ELVA) reported Operating Income of $2.2 million for Q1 2026, up 56.45% year-over-year from $1.4 million in Q1 2025, and up 59.3% quarter-over-quarter from $1.4 million in Q4 2025.

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

Electrovaya (ELVA) has 5 years of Operating Income data on file, last reported at $2.2 million in Q1 2026.

  • Operating Income for Q1 2026 came in at $2.2 million, up 56.45% year-over-year; the trailing twelve-month figure through Mar 2026 was $7.9 million (up 171.1% YoY), and the FY2025 annual result was $5.5 million, up 659.95% from the prior year.
  • Operating Income advanced to $2.2 million in Q1 2026 per ELVA's latest filing, from $1.4 million in the prior quarter.
  • Over five years, Operating Income peaked at $2.4 million in Q3 2023 and troughed at -$1.7 million in Q2 2022.
  • A 5-year average of $707333.3 and a median of $895000.0 in 2024 frame the typical range for Operating Income.
  • The sharpest annual moves came in 2023 and 2024: Operating Income soared 1061.94% in 2023, then sank 1073.33% in 2024.
  • A 5-year view of Operating Income shows it stood at -$247000.0 in 2022, then jumped by 59.51% to -$100000.0 in 2023, then soared by 1303.0% to $1.2 million in 2024, then rose by 13.97% to $1.4 million in 2025, then jumped by 59.3% to $2.2 million in 2026.
  • Business Quant data shows ELVA's Operating Income at $2.2 million in Q1 2026, $1.4 million in Q4 2025, and $2.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Novonix 479.97 Bn 479.92 Bn - -
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn 440.10 Mn
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn 72.20 Mn
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn 195.70 Mn
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn 263.80 Mn
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn 68.30 Mn
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn 57.58 Mn
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn -11.26 Mn
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn 133.00 Mn
10 Electrovaya 192,800.01 -23.34 Mn 6.04 Mn 2.18 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 2.18 Mn
Dec 31, 2025 1.37 Mn
Sep 30, 2025 2.37 Mn
Jun 30, 2025 1.96 Mn
Mar 31, 2025 1.40 Mn
Dec 13, 2024 1.20 Mn
Sep 30, 2024 895,000.00
Jun 30, 2024 -584,000.00
Mar 31, 2024 703,000.00
Dec 31, 2023 -100,000.00
Sep 30, 2023 2.38 Mn
Jun 30, 2023 60,000.00
Mar 31, 2023 -1.27 Mn
Sep 30, 2022 -247,000.00
Jun 30, 2022 -1.71 Mn