Electrovaya (ELVA) Operating Income (2022 - 2026)
Electrovaya (ELVA) posted quarterly 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 reported Operating Income for 5 consecutive years, with $2.2 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Income rose 56.45% year-over-year to $2.2 million; the TTM figure through Mar 2026 stood at $7.9 million (up 171.1% YoY), while the FY2025 annual figure was $5.5 million, up 659.95% from the prior year.
- Operating Income rose to $2.2 million in Q1 2026 per ELVA's latest filing, from $1.4 million in the prior quarter.
- Across five years, Operating Income topped out at $2.4 million in Q3 2023 and bottomed at -$1.7 million in Q2 2022.
- Historically, Operating Income has averaged $707333.3 across 5 years, with a median of $895000.0 in 2024.
- Annual changes were most pronounced in 2023 — Operating Income soared 1061.94% — and 2024, when it sank 1073.33%.
- Electrovaya's Operating Income stood at -$247000.0 in 2022, then surged by 59.51% to -$100000.0 in 2023, then jumped by 1303.0% to $1.2 million in 2024, then gained by 13.97% to $1.4 million in 2025, then surged 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.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 99.72 Bn | 96.61 Bn | 1.23 Bn | 637.90 Mn |
| 2 | Bloom Energy | 56.44 Bn | 53.77 Bn | 355.57 Mn | 182.24 Mn |
| 3 | Hubbell | 24.93 Bn | 24.53 Bn | 613.00 Mn | 348.60 Mn |
| 4 | nVent Electric | 24.73 Bn | 24.48 Bn | 558.00 Mn | 300.70 Mn |
| 5 | Advanced Energy Industries | 11.11 Bn | 9.69 Bn | 236.10 Mn | 95.10 Mn |
| 6 | Acuity Inc. (De) | 10.33 Bn | 9.92 Bn | 606.40 Mn | 193.30 Mn |
| 7 | Powell Industries | 7.22 Bn | 6.59 Bn | 95.30 Mn | 64.08 Mn |
| 8 | EnerSys | 6.91 Bn | 6.38 Bn | 313.36 Mn | 151.41 Mn |
| 9 | Plug Power | 3.23 Bn | 2.91 Bn | -1.68 Mn | -64.11 Mn |
| 10 | Electrovaya | 328.13 Mn | 304.60 Mn | 6.04 Mn | 2.18 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |