Envirotech Vehicles (EVTV) Net Income (2016 - 2025)
Envirotech Vehicles (EVTV) posted quarterly Net Income of -$4.0 million for Q1 2026, up 71.6% year-over-year from -$2.3 million in Q1 2025, and up 70.65% on a QoQ basis from -$13.6 million in Q4 2025.
Envirotech Vehicles (EVTV) Net Income (2016 - 2025) Analysis & Trends
Envirotech Vehicles (EVTV) has reported Net Income for 11 consecutive years, with -$4.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Income rose 71.6% year-over-year to -$4.0 million; the TTM figure through Mar 2026 stood at -$29.1 million (down 58.43% YoY), while the FY2025 annual figure was -$39.1 million, down 342.16% from the prior year.
- Net Income came in at -$4.0 million for Q1 2026 at Envirotech Vehicles, up from -$13.6 million in the prior quarter.
- The five-year high for Net Income was -$755092.0 in Q2 2024, with the low at -$38.4 million in Q4 2022.
- Average Net Income over 5 years is -$6.4 million, with a median of -$3.2 million recorded in 2023.
- Across the five-year window, Net Income tumbled 630.79% in 2022 and jumped 91.73% in 2023, its largest moves.
- Year by year, Net Income stood at -$38.4 million in 2022, then surged by 91.73% to -$3.2 million in 2023, then rose by 26.69% to -$2.3 million in 2024, then slumped by 483.97% to -$13.6 million in 2025, then jumped by 70.65% to -$4.0 million in 2026.
- According to Business Quant data, Net Income over the past three periods registered -$4.0 million, -$13.6 million, and -$6.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,375.42 Bn | 1,330.73 Bn | 4.72 Bn | 491.00 Mn |
| 2 | Ford Motor | 78.30 Bn | 47.85 Bn | 7.94 Bn | 2.55 Bn |
| 3 | General Motors | 68.82 Bn | 46.43 Bn | 4.32 Bn | 2.71 Bn |
| 4 | Xpeng | 40.80 Bn | 38.26 Bn | 388.90 Mn | -208.34 Mn |
| 5 | Rivian Automotive | 21.46 Bn | 16.65 Bn | 119.00 Mn | -416.00 Mn |
| 6 | Li Auto | 12.40 Bn | -965.30 Mn | 262.11 Mn | -422.48 Mn |
| 7 | Nio | 12.31 Bn | 9.20 Bn | 704.43 Mn | -44.44 Mn |
| 8 | VinFast Auto | 7.23 Bn | 91,500.01 Bn | -17,004.89 Bn | -28,174.24 Bn |
| 9 | Lucid | 2.18 Bn | 1.48 Bn | -311.71 Mn | -1.03 Bn |
| 10 | Envirotech Vehicles | 22.94 Mn | 20.92 Mn | -188,612.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -13.59 Mn |
| Jun 30, 2025 | -5.15 Mn |
| Sep 30, 2024 | -1.23 Mn |
| Dec 31, 2023 | -3.17 Mn |
| Mar 31, 2023 | -2.27 Mn |
| Dec 31, 2022 | -38.37 Mn |
| Sep 30, 2022 | -1.32 Mn |
| Jun 30, 2022 | -1.18 Mn |
| Sep 30, 2021 | -850,475.00 |
| Jun 30, 2021 | -893,079.00 |
| Mar 31, 2021 | -658,510.00 |
| Dec 31, 2020 | -151,960.00 |
| Sep 30, 2020 | -70,946.00 |
| Jun 30, 2020 | -86,655.00 |
| Mar 31, 2020 | -97,260.00 |
| Dec 31, 2019 | -1.19 Mn |
| Sep 30, 2019 | -1.22 Mn |
| Jun 30, 2019 | -1.29 Mn |
| Mar 31, 2019 | -1.45 Mn |
| Dec 31, 2018 | -1.31 Mn |