Electrovaya Gross Margin Growth & History (ELVA)
Electrovaya's gross margin was 30.62% for fiscal 2025.
View full Electrovaya company overviewElectrovaya annual gross margin history
2022
2023
2024
2025
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-09-30 | 30.62% | −0.02 pp |
| 2024 | 2024-09-30 | 30.64% | +3.73 pp |
| 2023 | 2023-09-30 | 26.91% | +3.10 pp |
| 2022 | 2022-09-30 | 23.81% | — |
Electrovaya quarterly gross margin
Q3.24
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
Q3.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q3 2026 | 2026-06-30 | 34.93% | +4.13 pp |
| Q2 2026 | 2026-03-31 | 33.45% | +2.34 pp |
| Q1 2026 | 2025-12-31 | 32.88% | — |
| Q4 2025 | 2025-09-30 | 30.17% | — |
| Q3 2025 | 2025-06-30 | 30.80% | −2.87 pp |
| Q2 2025 | 2025-03-31 | 31.12% | — |
| Q3 2024 | 2024-06-30 | 33.67% | — |
Electrovaya gross margin trends
Between the periods ended 2022-09-30 and 2025-09-30, Electrovaya's gross margin increased from 23.81% to 30.62%, a change of +6.81 percentage points. The latest reported quarter, Q3 2026, shows 34.93%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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