Electrovaya (ELVA) Revenue (2022 - 2026)

Electrovaya (ELVA) reported Revenue of $18.0 million for Q1 2026, up 20.18% year-over-year from $15.0 million in Q1 2025, and up 16.03% quarter-over-quarter from $15.6 million in Q4 2025.

Electrovaya (ELVA) Revenue (2022 - 2026) Analysis & Trends

Electrovaya (ELVA) has 5 years of Revenue data on file, last reported at $18.0 million in Q1 2026.

  • Revenue for Q1 2026 came in at $18.0 million, up 20.18% year-over-year; the trailing twelve-month figure through Mar 2026 was $71.2 million (down 10.89% YoY), and the FY2025 annual result was $63.8 million, up 64.08% from the prior year.
  • Revenue improved to $18.0 million in Q1 2026 per ELVA's latest filing, from $15.6 million in the prior quarter.
  • Over five years, Revenue peaked at $44.1 million in Q4 2024 and troughed at $4.3 million in Q2 2022.
  • A 5-year average of $15.0 million and a median of $13.6 million in 2023 frame the typical range for Revenue.
  • The sharpest annual moves came in 2023 and 2024: Revenue soared 144.62% in 2023, then tumbled 30.69% in 2024.
  • A 5-year view of Revenue shows it stood at $6.4 million in 2022, then jumped by 88.19% to $12.1 million in 2023, then surged by 264.4% to $44.1 million in 2024, then slumped by 64.7% to $15.6 million in 2025, then gained by 16.03% to $18.0 million in 2026.
  • Business Quant data shows ELVA's Revenue at $18.0 million in Q1 2026, $15.6 million in Q4 2025, and $20.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 Novonix 479.97 Bn 479.92 Bn - -
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn 2.65 Bn
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn 751.05 Mn
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn 1.24 Bn
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn 1.52 Bn
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn 511.00 Mn
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn 296.62 Mn
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn 33.64 Mn
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn 1.06 Bn
10 Electrovaya 192,800.01 -23.34 Mn 6.04 Mn 18.05 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 18.05 Mn
Dec 31, 2025 15.55 Mn
Sep 30, 2025 20.51 Mn
Jun 30, 2025 17.13 Mn
Mar 31, 2025 15.02 Mn
Dec 13, 2024 44.06 Mn
Sep 30, 2024 10.60 Mn
Jun 30, 2024 10.27 Mn
Mar 31, 2024 10.70 Mn
Dec 31, 2023 12.09 Mn
Sep 30, 2023 15.29 Mn
Jun 30, 2023 10.53 Mn
Sep 30, 2022 6.43 Mn
Jun 30, 2022 4.31 Mn