Electrovaya (ELVA) Research & Development (2022 - 2026)

Electrovaya (ELVA) reported Research & Development of $1.5 million for Q1 2026, up 38.04% year-over-year from $1.1 million in Q1 2025, and up 38.04% on a QoQ basis from $1.1 million in Q1 2025.

Electrovaya (ELVA) has 2 years of Research & Development data on file, last reported at $1.5 million in Q1 2026.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Vertiv Holdings 125.39 Bn 122.89 Bn 999.70 Mn -
2 Bloom Energy 85.22 Bn 82.75 Bn 225.54 Mn 56.85 Mn
3 nVent Electric 26.63 Bn 26.44 Bn 445.60 Mn 22.70 Mn
4 Hubbell 25.22 Bn 24.72 Bn 505.30 Mn -
5 Advanced Energy Industries 12.25 Bn 12.25 Bn 200.90 Mn 62.40 Mn
6 Powell Industries 10.16 Bn 9.61 Bn 87.94 Mn 4.29 Mn
7 Acuity Inc. (De) 8.82 Bn 8.55 Bn 520.40 Mn -
8 EnerSys 8.70 Bn 8.26 Bn 290.87 Mn -
9 Plug Power 5.25 Bn 4.87 Bn -21.61 Mn 12.11 Mn
10 Electrovaya 1.84 Bn 1.82 Bn 6.04 Mn 1.48 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 1.48 Mn
Dec 31, 2025 1.22 Mn
Sep 30, 2025 1.16 Mn
Jun 30, 2025 1.17 Mn
Mar 31, 2025 1.07 Mn
Dec 31, 2024 984,000.00
Sep 30, 2024 395,000.00
Jun 30, 2024 1.04 Mn
Mar 31, 2024 642,000.00
Dec 31, 2023 964,000.00
Sep 30, 2023 707,000.00
Jun 30, 2023 685,000.00
Sep 30, 2022 524,000.00
Jun 30, 2022 944,000.00