ELVA (Electrovaya) Revenue: $70.99 Mil (TTM As of Mar. 2026)

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ELVA Electrovaya Inc ELVA
69 GF Score
Price $8.62
GF Value $4.13
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Electrovaya Revenue?

Electrovaya ELVA -5.17% 69 Revenue is $70.99 Mil as of Mar. 2026. GuruFocus rates ELVA with a GF Score™ of 69/100 and a GF Value™ of $4.13 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Electrovaya's revenue for the three months ended in Mar. 2026 was $18.05 Mil. Its revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $70.99 Mil. Electrovaya's Revenue per Share for the three months ended in Mar. 2026 was $0.35. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $1.50.

Warning Sign:

Electrovaya Inc revenue growth has slowed down over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Electrovaya was 12.10% per year. During the past 3 years, the average Revenue per Share Growth Rate was 44.10% per year. During the past 5 years, the average Revenue per Share Growth Rate was 33.80% per year. During the past 10 years, the average Revenue per Share Growth Rate was 11.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Electrovaya's highest 3-Year average Revenue per Share Growth Rate was 263.80% per year. The lowest was -43.60% per year. And the median was 27.70% per year.


Electrovaya  (NAS:ELVA) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Electrovaya Revenue Related Terms


Electrovaya Revenue Historical Data

* Premium members only.

The historical data trend for Electrovaya's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Electrovaya Revenue Chart

Electrovaya Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.92 15.62 43.37 44.59 63.58

Electrovaya Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.02 17.13 20.26 15.55 18.05

ELVA vs VRT, BE: Revenue Comparison

For the Electrical Equipment & Parts subindustry, Electrovaya's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Electrovaya Revenue vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Electrovaya's Revenue distribution charts can be found below:

* The bar in red indicates where Electrovaya's Revenue falls into.


ELVA
69GF Score
Electrovaya Inc ELVA
Revenue is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Electrovaya Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $70.99 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Revenue →
What does a Revenue of $70.99 Mil mean?
Electrovaya (ELVA) has a Revenue of $70.99 Mil as of Mar. 2026. Revenue is the total amount a company generates as sales through its operations. View historical data on Electrovaya and its competitors.
Is Electrovaya's Revenue too high?
Electrovaya's current Revenue is $70.99 Mil. Overall, Electrovaya has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Electrovaya's Revenue compare to VRT and BE?
Electrovaya's Revenue of $70.99 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Revenue for an Industrial Products company?
A good Revenue depends on the Industrial Products industry context. However, Revenue should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Revenue mean?
A high Revenue can signal that a stock is expensive relative to its fundamentals. Revenue is the total amount a company generates as sales through its operations. View historical data on Electrovaya and its competitors. Electrovaya's current Revenue is $70.99 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electrovaya stock overvalued right now?
Based on GuruFocus' analysis, Electrovaya (ELVA) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.13, compared to a current price of $8.62 — trading 108.7% above its estimated fair value. The current Revenue is $70.99 Mil. Electrovaya's overall GF Score™ is 69/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Revenue calculated?
Revenue is calculated from a company's financial statements. For Electrovaya (ELVA), the current Revenue is $70.99 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Electrovaya (ELVA) Overvalued in 2026?

Based on GuruFocus' analysis, Electrovaya stock appears to be overvalued. The current stock price of $8.62 is trading 108.7% above its estimated GF Value™ of $4.13. GuruFocus considers Electrovaya to be Significantly Overvalued.

Key valuation signals for ELVA:

  • Revenue: $70.99 Mil
  • GF Value™: $4.13 vs. price of $8.62 (108.7% above fair value)
  • GF Score™: 69/100 with 5 warning signs

No single metric tells the full story. See the ELVA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Electrovaya Business Description

Other Exchanges 4EV0:GermanyELVA:Canada
Address 6688 Kitimat Road, Mississauga, ON, CAN, L5N 1P8
Electrovaya Inc is a technology-focused lithium-ion battery company engaged in designing, developing and manufacturing battery cells, modules and systems based on its proprietary Infinity Battery Technology, which provides high safety performance, long cycle life and durability. The Company supplies low-voltage and high-voltage battery systems for industrial and transportation markets, including material-handling equipment, robotic vehicles, electric buses and trucks, and energy-storage installations, and its products are suitable for mission-critical applications. it maintains an expanding intellectual-property portfolio, develops next-generation solid-state and hybrid solid-state battery technologies, and sells its products through OEM relationships, dealer networks and direct sales.
69GF Score

Get the complete analysis for ELVA

Revenue is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$8.62
Price
$4.13
GF Value