Electrovaya (ELVA) Receivables - Net (2021 - 2026)
Electrovaya (ELVA) posted quarterly Receivables - Net 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 - Net (2021 - 2026) Analysis & Trends
Electrovaya (ELVA) has reported Receivables - Net for 6 consecutive years, with $19.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Receivables - Net rose 387.1% year-over-year to $19.5 million; the TTM figure through Mar 2026 stood at $19.5 million (up 387.1% YoY), while the FY2025 annual figure was $16.5 million, up 45.89% from the prior year.
- Receivables - Net rose to $19.5 million in Q1 2026 per ELVA's latest filing, from $14.0 million in the prior quarter.
- Across five years, Receivables - Net topped out at $19.5 million in Q1 2026 and bottomed at -$6.8 million in Q1 2025.
- Historically, Receivables - Net has averaged $8.5 million across 5 years, with a median of $9.8 million in 2023.
- Annual changes were most pronounced in 2024 — Receivables - Net slumped 99.92% — and 2025, when it jumped 234021.83%.
- Electrovaya's Receivables - Net stood at $2.9 million in 2022, then soared by 222.83% to $9.4 million in 2023, then rose by 20.08% to $11.3 million in 2024, then grew by 23.66% to $14.0 million in 2025, then surged by 39.42% to $19.5 million in 2026.
- Business Quant data shows ELVA's Receivables - Net at $19.5 million in Q1 2026, $14.0 million in Q4 2025, and $16.5 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Vertiv Holdings | 99.82 Bn | 96.70 Bn | 1.23 Bn |
| 2 | Bloom Energy | 56.79 Bn | 54.12 Bn | 355.57 Mn |
| 3 | Hubbell | 24.82 Bn | 24.42 Bn | 613.00 Mn |
| 4 | nVent Electric | 24.75 Bn | 24.49 Bn | 558.00 Mn |
| 5 | Advanced Energy Industries | 11.08 Bn | 9.66 Bn | 236.10 Mn |
| 6 | Acuity Inc. (De) | 10.35 Bn | 9.94 Bn | 606.40 Mn |
| 7 | Powell Industries | 7.19 Bn | 6.56 Bn | 95.30 Mn |
| 8 | EnerSys | 6.91 Bn | 6.38 Bn | 313.36 Mn |
| 9 | Plug Power | 3.25 Bn | 2.93 Bn | -1.68 Mn |
| 10 | Electrovaya | 324.95 Mn | 301.42 Mn | 6.04 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 19.47 Mn |
| Mar 31, 2026 | 19.47 Mn |
| Dec 31, 2025 | 13.96 Mn |
| Dec 31, 2025 | 13.96 Mn |
| Sep 30, 2025 | 16.47 Mn |
| Sep 30, 2025 | 16.47 Mn |
| Jun 30, 2025 | 19.10 Mn |
| Jun 30, 2025 | 19.10 Mn |
| Mar 31, 2025 | -6.78 Mn |
| Mar 31, 2025 | -6.78 Mn |
| Sep 30, 2024 | 11.29 Mn |
| Sep 30, 2024 | 11.29 Mn |
| Jun 30, 2024 | 8,159.00 |
| Jun 30, 2024 | 8,159.00 |
| Sep 30, 2023 | 9.40 Mn |
| Sep 30, 2023 | 9.40 Mn |
| Jun 30, 2023 | 10.15 Mn |
| Jun 30, 2023 | 10.15 Mn |
| Mar 31, 2023 | 8.18 Mn |
| Mar 31, 2023 | 8.18 Mn |