Electrovaya (ELVA) Receivables (2021 - 2026)

Electrovaya (ELVA) reported Receivables of $19.5 million for Q1 2026, up 387.1% year-over-year from $4.0 million in Q1 2025, and up 39.42% quarter-over-quarter from $14.0 million in Q4 2025.

Electrovaya (ELVA) Receivables (2021 - 2026) Analysis & Trends

Electrovaya (ELVA) has 6 years of Receivables data on file, last reported at $19.5 million in Q1 2026.

  • Receivables for Q1 2026 came in at $19.5 million, up 387.1% year-over-year; the trailing twelve-month figure through Mar 2026 was $19.5 million (up 387.1% YoY), and the FY2025 annual result was $16.5 million, up 45.89% from the prior year.
  • Receivables advanced to $19.5 million in Q1 2026 per ELVA's latest filing, from $14.0 million in the prior quarter.
  • Over five years, Receivables peaked at $19.5 million in Q1 2026 and troughed at -$6.8 million in Q1 2025.
  • A 5-year average of $10.0 million and a median of $10.6 million in 2023 frame the typical range for Receivables.
  • The sharpest annual moves came in 2022 and 2025: Receivables jumped 217129.75% in 2022, then tumbled 176.41% in 2025.
  • A 5-year view of Receivables shows it stood at $2.9 million in 2022, then surged by 264.31% to $10.6 million in 2023, then rose by 6.4% to $11.3 million in 2024, then climbed by 23.66% to $14.0 million in 2025, then jumped by 39.42% to $19.5 million in 2026.
  • Business Quant data shows ELVA's Receivables at $19.5 million in Q1 2026, $14.0 million in Q4 2025, and $19.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Receivables (Qtr)
1 Novonix 479.97 Bn 479.92 Bn - 29.79 Mn
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn 3.15 Bn
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn 665.28 Mn
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn 1.02 Bn
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn 1.03 Bn
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn 376.70 Mn
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn 351.61 Mn
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn 27.64 Mn
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn 579.00 Mn
10 Electrovaya 192,800.01 -23.34 Mn 6.04 Mn 19.47 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 19.47 Mn
Dec 31, 2025 13.96 Mn
Sep 30, 2025 19.23 Mn
Jun 30, 2025 19.10 Mn
Mar 31, 2025 -6.78 Mn
Sep 30, 2024 11.29 Mn
Mar 31, 2024 8.88 Mn
Sep 30, 2023 10.61 Mn
Jun 30, 2023 10.15 Mn
Sep 30, 2022 2.91 Mn
Jun 30, 2022 1.64 Mn
Oct 1, 2021 1,341.00