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Electrovaya(NASDAQ) ELVA

Market Cap$263.49MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2011)+29%
5 Year+5%
1 Year-17%
1 Month-19%
$5.35
+1.52%
+0.08Today
After hours$5.36+$0.00 (+0.09%)
Electrovaya last closing stock price
MetricPriceDate
Last closeUSD 5.352026-10-20
Electrovaya stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+2.1%USD 5.242026-10-13
1 month-19.06%USD 6.612026-09-18
3 month-41.14%USD 9.092026-07-22
Year to date-32.28%USD 7.902025-12-31
1 year-17.44%USD 6.482025-10-20
3 year+100.38%USD 2.672023-10-20
5 year+4.9%USD 5.102021-10-21
Since inception+29.25%USD 4.082011-10-14

Electrovaya Financials at a Glance

Market Cap

$263.49MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$70.87M

Net Income (TTM)

$4.39M

EPS (TTM)

$0.10

P/E Ratio

52.81

Dividend

$0.00

Beta (Volatility)

1.03 (Average)

Price

$5.35

Volume

245,025.247

Open

$5.21

Previous Close

$5.35

Daily Range

$5.17 - $5.49

52-Week Range

$4.10 - $12.78

Estimated Earnings Date

Dec 9, 2026

ELVA News

Money 19.jpg

Electrovaya's 2026 Outlook: Scaling Manufacturing to Support New Data Center Energy Storage

John BallardOct 15, 2026
happy investor works on laptop.

Why Electrovaya Stock Is Soaring This Week

Scott LevineJul 17, 2026

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About Electrovaya

Electrovaya Inc. is a leading lithium-ion battery technology and manufacturing company based in Mississauga, Canada. The firm specializes in designing, developing, and producing proprietary lithium-ion batteries and battery systems for various applications, including energy storage and clean electric transportation.

Products and Services
  • Proprietary lithium-ion batteries for material handling equipment
  • Electromotive power products for electric trucks and buses
  • Battery-related accessories, including chargers and energy storage systems
Growth Outlook
  • Projected growth in electric vehicle market fuels demand for battery solutions
  • Expansion into new markets enhances revenue potential
  • Investment in R&D aims to improve battery efficiency and performance
Financial Highlights
  • Q3 2026 revenue of $17.27 million, reflecting strong market demand
  • Trailing twelve months (TTM) gross profit margin of 31.44% indicates solid profitability
  • Current ratio of 7.53 suggests strong liquidity position
Electrovaya Inc. operates in the rapidly growing electrical equipment and parts industry, focusing on innovative battery technologies. The company's diverse product offerings cater to various sectors, including material handling and electric transportation, positioning it well for future growth. Recent financial performance highlights a revenue increase in Q3 2026, showcasing the company's ability to capitalize on market trends. The strong gross profit margin and liquidity ratios further underscore its financial health, making it an intriguing option for potential investors interested in the clean energy sector.
AI Generated • Oct 19, 2026

Industry

Electrical Equipment

Sector

Industrials

Employees

123

CEO

Rajshekar Das Gupta, PhD

Website

www.electrovaya.com

Headquarters

Mississauga, ON L5N 1P8, CA

ELVA Financials

Key Financial Metrics (TTM)

Gross Margin

31.44%

Operating Margin

9.52%

Net Income Margin

6.19%

Return on Equity

7.92%

Return on Capital

10.32%

Return on Assets

3.70%

Earnings Yield

1.89%

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

$263.49MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

50.00M

Volume

245.03K

Avg. Volume

513.38K

Financials (TTM)

Gross Profit

$22.28M

Operating Income

$6.75M

EBITDA

$7.11M

Operating Cash Flow

-$8.88M

Capital Expenditure

-$35.32M

Free Cash Flow

-$44.20M

Cash & ST Invst.

$13.08M

Total Debt

$41.06M

Electrovaya Performance Analysis

Electrovaya annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-09-30USD 16,270,000N/A
20232023-09-30USD 44,059,000170.8%
20242024-09-30USD 44,615,0001.3%
20252025-09-30USD 63,826,00043.1%
Electrovaya sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42025-09-3018.2%
Q12025-12-31-23.2%
Q22026-03-3114.4%
Q32026-06-30-3.0%
Electrovaya annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-09-30USD -1.57N/A
20232023-09-30USD -0.04-97.2%
20242024-09-30USD -0.040.0%
20252025-09-30USD 0.08N/A
Electrovaya sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42025-09-30140.5%
Q12025-12-31-52.0%
Q22026-03-31-16.0%
Q32026-06-30-71.1%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q3 2026YOY CHG

Revenue

$17.27M

+0.8%

Gross Profit

$5.54M

+5.1%

Gross Margin

32.11%

N/A

Market Cap

$263.49MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$2.14M

N/A

Employees

123

N/A

Net Income

$297.25K

-67.2%

EBITDA

$1.97M

+12.9%

Quarterly Fundamentals

Name
Q3 2026YOY CHG

Total Cash

$13.08M

+914.3%

Total Debt

$41.06M

+97.2%

Accounts Receivable

$29.98M

+56.9%

Inventory

$18.27M

+51.0%

Long Term Debt

$40.28M

+97.4%

Short Term Debt

$777.00K

+90.0%

Return on Assets

3.70%

N/A

Return on Invested Capital

6.22%

N/A

Free Cash Flow

-$14.25M

-248.6%

Operating Cash Flow

-$11.73M

-357.8%

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Questions About ELVA

What is the current price of Electrovaya?

Electrovaya is trading at $5.35 per share.

What is the 52-week range for Electrovaya?

Over the past 52 weeks, Electrovaya has traded between $4.10 and $12.78.

How much debt does Electrovaya have?

As of the most recent reporting period, Electrovaya reported total debt of $41.44M.

How much cash does Electrovaya have on hand?

Electrovaya reported $16.25M in cash and cash equivalents in its most recent financial results.

What is Electrovaya’s dividend yield?

Electrovaya does not currently have a dividend yield.

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