Electrovaya (ELVA) Operating Leases (2022 - 2026)

Electrovaya's (ELVA) quarterly Operating Leases came in at $1.8 million in Q1 2026, up 12.92% year-on-year from $1.6 million in Q1 2025, and up 26.59% on a QoQ basis from $1.4 million in Q4 2025.

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

Electrovaya (ELVA) has 5 years of Operating Leases data on file, last reported at $1.8 million in Q1 2026.

  • On a quarterly basis, Operating Leases rose 12.92% year-over-year to $1.8 million in Q1 2026; TTM through Mar 2026 was $1.8 million, a 12.92% increase from a year earlier, with the FY2025 full-year figure at $1.5 million, up 209.34% from the prior year.
  • Operating Leases for Q1 2026 stood at $1.8 million, up from $1.4 million in the prior quarter.
  • Over the last five years, Operating Leases for ELVA reached as high as $2.3 million in Q3 2023 and fell as low as $471000.0 in Q3 2024.
  • Historically, Operating Leases has averaged $1.7 million across 5 years, with a median of $1.7 million in 2025.
  • Across the five-year window, Operating Leases slumped 79.85% in 2024 and soared 209.34% in 2025, its largest moves.
  • Year by year, Operating Leases stood at $2.2 million in 2022, then increased by 4.61% to $2.3 million in 2023, then slumped by 79.85% to $471000.0 in 2024, then soared by 196.18% to $1.4 million in 2025, then grew by 26.59% to $1.8 million in 2026.
  • Per Business Quant data, the three most recent Operating Leases figures were $1.8 million in Q1 2026, $1.4 million in Q4 2025, and $1.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn
10 Hayward Holdings 3.13 Bn 2.90 Bn 118.70 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.77 Mn
Dec 31, 2025 1.40 Mn
Sep 30, 2025 1.46 Mn
Jun 30, 2025 1.57 Mn
Mar 31, 2025 1.56 Mn
Sep 30, 2024 471,000.00
Mar 31, 2024 2.11 Mn
Sep 30, 2023 2.34 Mn
Jun 30, 2023 2.17 Mn
Sep 30, 2022 2.24 Mn