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| Date | Value |
|---|---|
| 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 |