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| 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 |
| Sep 30, 2022 | 6.43 Mn |
| Jun 30, 2022 | 4.31 Mn |