Electrovaya (ELVA) Revenue (2022 - 2026)
Electrovaya (ELVA) posted quarterly 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 reported Revenue for 5 consecutive years, with $18.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Revenue rose 20.18% year-over-year to $18.0 million; the TTM figure through Mar 2026 stood at $71.2 million (down 10.89% YoY), while the FY2025 annual figure was $63.8 million, up 43.06% from the prior year.
- Revenue advanced to $18.0 million in Q1 2026 per ELVA's latest filing, from $15.6 million in the prior quarter.
- Across five years, Revenue topped out at $44.1 million in Q4 2024 and bottomed at $4.3 million in Q2 2022.
- Historically, Revenue has averaged $14.7 million across 5 years, with a median of $12.1 million in 2023.
- Annual changes were most pronounced in 2023 — Revenue soared 144.62% — and 2024, when it tumbled 30.69%.
- Electrovaya's Revenue stood at $6.4 million in 2022, then surged by 88.19% to $12.1 million in 2023, then soared by 264.4% to $44.1 million in 2024, then tumbled by 64.7% to $15.6 million in 2025, then advanced 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.35 Bn | 98.24 Bn | 1.23 Bn | 3.27 Bn |
| 2 | Bloom Energy | 58.17 Bn | 55.50 Bn | 355.57 Mn | 1.07 Bn |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn | 1.47 Bn |
| 4 | Hubbell | 24.90 Bn | 24.51 Bn | 613.00 Mn | 1.71 Bn |
| 5 | Advanced Energy Industries | 11.37 Bn | 9.96 Bn | 236.10 Mn | 574.10 Mn |
| 6 | Acuity Inc. (De) | 10.36 Bn | 9.95 Bn | 606.40 Mn | 1.20 Bn |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn | 311.74 Mn |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn | 935.64 Mn |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn | 318.38 Mn |
| 10 | Electrovaya | 328.13 Mn | 304.60 Mn | 6.04 Mn | 18.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2023 | 10.46 Mn |
| Sep 30, 2022 | 6.43 Mn |
| Jun 30, 2022 | 4.31 Mn |