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

Electrovaya (ELVA) has reported Research & Development for 5 consecutive years, with -$407000.0 the latest figure, recorded in Q2 2026.

• On a quarterly basis, Research & Development fell 134.82% year-over-year to -$407000.0 in Q2 2026; TTM through Jun 2026 was $3.4 million, a 48.18% decrease from a year earlier, with the FY2025 full-year figure at $4.4 million, up 44.14% from the prior year.
• Research & Development was -$407000.0 for Q2 2026 at Electrovaya, down from $1.5 million in the prior quarter.
• Over five years, Research & Development peaked at $3.4 million in Q4 2024 and troughed at -$6.1 million in Q3 2023.
• A 5-year average of $637437.5 and a median of $1.0 million in 2022 frame the typical range for Research & Development.
• Across the five-year window, Research & Development plunged 712.44% in 2023 and surged 117.12% in 2024, its largest moves.
• Over 5 years, Research & Development stood at $989000.0 in 2022, then retreated by 2.53% to $964000.0 in 2023, then surged by 250.83% to $3.4 million in 2024, then slumped by 63.81% to $1.2 million in 2025, then slumped by 133.25% to -$407000.0 in 2026.
• The last three Research & Development figures came in at -$407000.0 (Q2 2026), $1.5 million (Q1 2026), and $1.2 million (Q4 2025), per Business Quant data.