Electrovaya Gross Margin Growth & History (ELVA)

Electrovaya's gross margin was 30.62% for fiscal 2025.

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Electrovaya annual gross margin history

Electrovaya annual gross margin

Fiscal yearPeriod endedGross marginChange (percentage points)
20252025-09-3030.62%−0.02 pp
20242024-09-3030.64%+3.73 pp
20232023-09-3026.91%+3.10 pp
20222022-09-3023.81%

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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