Electrovaya ELVA
NASDAQ ELVA
$6.59 -0.19 (-2.80%)
At close: Sep 10, 2026 · 4:00 PM EDT

Electrovaya (ELVA) Operating Income (2022 - 2026)

Electrovaya's (ELVA) quarterly Operating Income came in at $788000.0 in Q2 2026, down 59.84% year-over-year from $2.0 million in Q2 2025, and down 63.92% quarter-over-quarter from $2.2 million in Q1 2026.

Analysis

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

Electrovaya (ELVA) has reported Operating Income for 5 consecutive years, with $788000.0 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Income fell 59.84% year-over-year to $788000.0 in Q2 2026; TTM through Jun 2026 was $6.7 million, a 91.69% increase from a year earlier, with the FY2025 full-year figure at $5.5 million, up 659.95% from the prior year.
  • Operating Income was $788000.0 for Q2 2026 at Electrovaya, down from $2.2 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 $601687.5 and a median of $716000.0 in 2024 frame the typical range for Operating Income.
  • The widest YoY moves for Operating Income: up 1071.67% in 2024, down 124.58% in 2024.
  • Over 5 years, Operating Income stood at -$1.4 million in 2022, then jumped by 92.6% to -$100000.0 in 2023, then surged by 829.0% to $729000.0 in 2024, then soared by 88.07% to $1.4 million in 2025, then tumbled by 42.52% to $788000.0 in 2026.
  • The last three Operating Income figures came in at $788000.0 (Q2 2026), $2.2 million (Q1 2026), and $1.4 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 EnerSys 6.54 Bn 6.01 Bn 313.36 Mn 151.41 Mn
2 QuantumScape 3.20 Bn 3.20 Bn - -106.13 Mn
3 Eos Energy Enterprises 1.35 Bn 1.00 Bn -48.80 Mn -83.81 Mn
4 Fluence Energy 1.34 Bn 769.30 Mn 33.24 Mn -29.79 Mn
5 Energy Vault Holdings 752.49 Mn 645.13 Mn 5.38 Mn -24.66 Mn
6 Enovix 689.37 Mn 689.37 Mn 1.30 Mn -43.30 Mn
7 Amprius Technologies 436.15 Mn 361.63 Mn 9.28 Mn -4.30 Mn
8 Electrovaya 257.13 Mn 244.05 Mn 6.19 Mn 788,000.00
9 Microvast Holdings 215.82 Mn 72.70 Mn 25.78 Mn -1.72 Mn
10 Ses Ai 176.50 Mn 176.50 Mn 1.15 Mn -19.20 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 788,000.00
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 729,000.00
Sep 30, 2024 -584,000.00
Jun 30, 2024 703,000.00
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 -1.35 Mn
Jun 30, 2022 -1.71 Mn