Electrovaya (ELVA) Operating Leases (2022 - 2026)
Electrovaya (ELVA) posted quarterly Operating Leases of $1.8 million for Q1 2026, up 12.92% year-over-year from $1.6 million in Q1 2025, and up 26.59% quarter-over-quarter from $1.4 million in Q4 2025.
Electrovaya (ELVA) Operating Leases (2022 - 2026) Analysis & Trends
Electrovaya (ELVA) has reported Operating Leases for 5 consecutive years, with $1.8 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Leases rose 12.92% year-over-year to $1.8 million; the TTM figure through Mar 2026 stood at $1.8 million (up 12.92% YoY), while the FY2025 annual figure was $1.5 million, down 22.13% from the prior year.
- Operating Leases grew to $1.8 million in Q1 2026 per ELVA's latest filing, from $1.4 million in the prior quarter.
- Across five years, Operating Leases topped out at $2.3 million in Q3 2023 and bottomed at $1.4 million in Q4 2025.
- Historically, Operating Leases has averaged $1.8 million across 5 years, with a median of $1.8 million in 2026.
- Annual changes were most pronounced in 2025 — Operating Leases fell 22.13% — and 2026, when it climbed 12.92%.
- Electrovaya's Operating Leases stood at $2.2 million in 2022, then climbed by 4.61% to $2.3 million in 2023, then slipped by 19.97% to $1.9 million in 2024, then slipped by 25.44% to $1.4 million in 2025, then advanced by 26.59% to $1.8 million in 2026.
- Business Quant data shows ELVA's Operating Leases at $1.8 million in Q1 2026, $1.4 million in Q4 2025, and $1.5 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.35 Bn | 98.24 Bn | 1.23 Bn |
| 2 | Bloom Energy | 58.17 Bn | 55.50 Bn | 355.57 Mn |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn |
| 4 | Hubbell | 24.90 Bn | 24.51 Bn | 613.00 Mn |
| 5 | Advanced Energy Industries | 11.37 Bn | 9.96 Bn | 236.10 Mn |
| 6 | Acuity Inc. (De) | 10.36 Bn | 9.95 Bn | 606.40 Mn |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn |
| 10 | Electrovaya | 328.13 Mn | 304.60 Mn | 6.04 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 1.87 Mn |
| Sep 30, 2023 | 2.34 Mn |
| Jun 30, 2023 | 2.17 Mn |
| Sep 30, 2022 | 2.24 Mn |