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Electrovaya (ELVA) Research & Development (2022 - 2025)

Historic Research & Development for Electrovaya (ELVA) over the last 4 years, with Q4 2025 value amounting to $1.2 million.

  • Electrovaya's Research & Development rose 2439.02% to $1.2 million in Q4 2025 from the same period last year, while for Dec 2025 it was $4.6 million, marking a year-over-year increase of 5104.64%. This contributed to the annual value of $4.4 million for FY2025, which is 4414.09% up from last year.
  • Latest data reveals that Electrovaya reported Research & Development of $1.2 million as of Q4 2025, which was up 2439.02% from $1.2 million recorded in Q3 2025.
  • In the past 5 years, Electrovaya's Research & Development registered a high of $1.2 million during Q4 2025, and its lowest value of $395000.0 during Q3 2024.
  • Its 4-year average for Research & Development is $884692.3, with a median of $964000.0 in 2023.
  • Its Research & Development has fluctuated over the past 5 years, first plummeted by 4413.01% in 2024, then surged by 19265.82% in 2025.
  • Quarter analysis of 4 years shows Electrovaya's Research & Development stood at $524000.0 in 2022, then soared by 83.97% to $964000.0 in 2023, then grew by 2.07% to $984000.0 in 2024, then increased by 24.39% to $1.2 million in 2025.
  • Its Research & Development stands at $1.2 million for Q4 2025, versus $1.2 million for Q3 2025 and $1.2 million for Q2 2025.