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

Electrovaya (ELVA) has 5 years of Research & Development data on file, last reported at $1.5 million in Q1 2026.

• On a quarterly basis, Research & Development rose 38.04% year-over-year to $1.5 million in Q1 2026; TTM through Mar 2026 was $5.0 million, a 22.98% decrease from a year earlier, with the FY2025 full-year figure at $4.4 million, up 44.14% from the prior year.
• Research & Development for Q1 2026 stood at $1.5 million, up from $1.2 million in the prior quarter.
• Over the last five years, Research & Development for ELVA reached as high as $3.4 million in Q4 2024 and fell as low as -$2.9 million in Q3 2022.
• Historically, Research & Development has averaged $898069.3 across 5 years, with a median of $1.0 million in 2024.
• Across the five-year window, Research & Development surged 124.3% in 2023 and dropped 27.62% in 2024, its largest moves.
• Year by year, Research & Development stood at -$2.9 million in 2022, then soared by 133.13% to $964000.0 in 2023, then soared by 250.83% to $3.4 million in 2024, then slumped by 63.81% to $1.2 million in 2025, then gained by 20.67% to $1.5 million in 2026.
• Per Business Quant data, the three most recent Research & Development figures were $1.5 million in Q1 2026, $1.2 million in Q4 2025, and $1.2 million in Q3 2025.