Electrovaya (ELVA) Operating Leases (2022 - 2026)
Electrovaya (ELVA) reported 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 5 years of Operating Leases data on file, last reported at $1.8 million in Q1 2026.
- Operating Leases for Q1 2026 came in at $1.8 million, up 12.92% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.8 million (up 12.92% YoY), and the FY2025 annual result was $1.5 million, down 22.13% from the prior year.
- Operating Leases climbed to $1.8 million in Q1 2026 per ELVA's latest filing, from $1.4 million in the prior quarter.
- Over five years, Operating Leases peaked at $2.3 million in Q3 2023 and troughed at $1.4 million in Q4 2025.
- A 5-year average of $1.8 million and a median of $1.8 million in 2024 frame the typical range for Operating Leases.
- The sharpest annual moves came in 2025 and 2026: Operating Leases slipped 25.98% in 2025, then climbed 12.92% in 2026.
- A 5-year view of Operating Leases shows it stood at $2.2 million in 2022, then advanced by 4.61% to $2.3 million in 2023, then decreased by 19.97% to $1.9 million in 2024, then decreased by 25.44% to $1.4 million in 2025, then gained 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn |
| 10 | Electrovaya | 192,800.01 | -23.34 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 |
| Mar 31, 2024 | 2.11 Mn |
| Sep 30, 2023 | 2.34 Mn |
| Jun 30, 2023 | 2.17 Mn |
| Sep 30, 2022 | 2.24 Mn |