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Electrovaya(NASDAQ) ELVA

Market Cap$337.24MMarket 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)+65%
5 Year+80%
1 Year+6%
1 Month-27%
$6.89
+2.15%
+0.15Today
Electrovaya last closing stock price
MetricPriceDate
Last closeUSD 6.752026-09-03
Electrovaya stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-1.39%USD 6.842026-08-27
1 month-26.61%USD 9.192026-08-04
3 month-34.77%USD 10.342026-06-05
Year to date-14.62%USD 7.902025-12-31
1 year+6.05%USD 6.362025-09-03
3 year+105.02%USD 3.292023-09-01
5 year+79.87%USD 3.752021-09-03
Since inception+65.42%USD 4.082011-10-14

Electrovaya Financials at a Glance

Market Cap

$337.24MMarket 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

67.59

Dividend

$0.00

Beta (Volatility)

1.04 (Average)

Price

$6.89

Volume

6,081.685

Open

$6.77

Previous Close

$6.75

Daily Range

$6.77 - $6.78

52-Week Range

$4.10 - $12.78

Estimated Earnings Date

Dec 9, 2026

ELVA News

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Scott LevineJul 17, 2026

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About Electrovaya

Electrovaya Inc. is a North American company specializing in the development, design, and manufacturing of advanced lithium-ion batteries and integrated battery systems. The company serves various key markets, including electric material handling vehicles, electric transportation, and industrial energy storage solutions.

Products and Services
  • High-performance lithium-ion batteries for electric material handling vehicles
  • Electromotive power products for electric trucks and buses
  • Custom-built power solutions for third-party clients
Growth Outlook
  • Revenue of $10.08 million in Q3 2023, showing consistent demand
  • Gross profit margin improved to 24.9% in Q3 2023
  • Strong market potential in electric vehicle and energy storage sectors
Financial Highlights
  • Net income of $77,000 in Q3 2023, a positive shift from previous losses
  • Current ratio of 7.53 indicates strong liquidity position
  • Trailing twelve months (TTM) revenue of $36.5 million, reflecting growth
Electrovaya Inc. has established itself as a key player in the lithium-ion battery market, focusing on innovative solutions for electric vehicles and energy storage. The company's recent financial performance indicates a positive trajectory, with a notable increase in revenue and improvements in gross profit margins. The strong liquidity position, as evidenced by a current ratio of 7.53, suggests that the company is well-equipped to meet its short-term obligations. With the growing demand for electric vehicles and sustainable energy solutions, Electrovaya is positioned to capitalize on these trends, making it an intriguing option for potential investors.
AI Generated • Aug 20, 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

1.48%

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

$337.24MMarket 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

6.08K

Avg. Volume

1.03M

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 16,270,00040.5%
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 -1.57482.8%
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

$337.24MMarket 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

$2.74M

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 $6.77 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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