Electrovaya, Inc. is a lithium-ion battery technology and manufacturing company. engages in designing, developing, and manufacturing proprietary lithium-ion batteries, battery systems, and ...
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Est. EPS $0.10 · Revenue $73.48M · 5 analysts
Est. EPS $0.05 · Revenue $24.57M · 1 analysts
Est. EPS $0.07 · Revenue $26.46M · 1 analysts
Est. EPS $0.08 · Revenue $28.75M · 1 analysts
EPS $0.01 · Revenue $17.27M
EPS $0.02 · Revenue $17.80M
EPS $0.02 · Revenue $15.55M
EPS $0.08 · Revenue $63.58M
EPS $0.02 · Revenue $17.13M
EPS $0.02 · Revenue $15.02M
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $63.6M | +42.6% | -3.0% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $3.4M | +326.5% | -70.4% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +30.6% | -0.1% | +3.7% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | +8.7% | +433.0% | +0.9% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | +5.3% | +258.8% | -69.5% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $-9.5M | -2654.3% | +35.6% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | -14.9% | -1891.5% | +33.7% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 72.5% | -70.0% | +11.9% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 4.16x | +303.8% | -1.6% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $63.9M | +61.9% | +11.8% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | 0.08 vs 0.10 | -19.7% | 0.01 vs 0.03 | -83.7% |
| Revenue Surprise | $63.6M vs $63.6M | -0.1% | $17.3M vs $21.4M | -19.5% |
Operator: Good day, and welcome to the Electrovaya Q3 2026 Financial Results Conference Call. [Operator Instructions] And please note, this conference is being recorded. I will now turn the conference over to your host, John Gibson, Vice President of Corporate Development and Investor Relations. Sir, the floor is yours. John Gibson: Thank you. Good morning, everyone, and thank you for joining today's call to discuss Electrovaya's Q3 2026 financial results. Today's call is being hosted by Dr. Raj Das Gupta, CEO of Electrovaya; and myself, John Gibson, CFO. Yesterday, after market close, Electrovaya issued a press release concerning its business highlights and financial results for the quarter and 9 months ended June 30, 2026. If you would like a copy of the release, you can access it on our website. If you want to view our financial statements, management discussion and analysis and annual information form, you can access those documents on the SEDAR+ website at www.sedarplus.ca, the SEC EDGAR website at sec.gov/EDGAR or at our website at www.electrovaya.com. As with previous calls, our comments today are subject to the normal provisions relating to forward-looking information. We will provide information relating to our current views regarding market trends, including their size and potential for growth and our competitive position within our target markets. Although we believe that the expectations reflected in such forward-looking statements are reasonable, they do obviously involve risks and uncertainties, and actual results may differ materially from those expressed or implied in such statements. Additional information about factors that could cause actual results to differ materially from expectations and about material factors or assumptions applied in making forward-looking statements may be found in the company's press release announcing the Q3 fiscal 2026 results and the most recent annual information form and management discussion and analysis under Risks and Uncertainties, as well as in other public disclosures documents filed with the Canadian and U.S. security regulatory authorities. Also, please note that all numbers discussed on the call are in U.S. dollars unless otherwise noted. And now, I'd like to turn the call over to Raj. Rajshekar Gupta: Thank you, John, and good morning, everyone. Before I get into the quarter itself, I want to start with 2 developments that I believe matter most to the long-term value of this company because both of them happened in the last few weeks, and both of them will be instrumental to our future success. More broadly, I would describe this as a strategic inflection quarter for Electrovaya. In the near term, what moved us -- moved on us was timing, and I will address that head on. But the developments that changed the trajectory of this company are structural and lasting. Our agreement with Amazon, the launch of the ElvaPulse energy storage systems, Jamestown nearing operation and the strongest …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
Rajshekar Das Gupta | Chief Executive Officer & Director | USD 511,608 | — | 1984 | Active |
Francis John Gibson | Chief Financial Officer & Secretary | USD 255,187 | Male | — | Active |
Sankar Das Gupta | Co-Founder & Executive Chairman | USD 222,146 | — | 1951 | Active |
James K. Jacobs | Co-Founder & Director | USD 7,130 | — | 1949 | Active |
Jeremy Dang | Vice President of Business & Project Development | — | — | — | Active |
Jason Roy | Vice President of Corporate Development & Investor Relations | — | Male | — | Active |
Electrovaya NASDAQ: ELVA plans to expand its battery manufacturing footprint and enter additional markets including data-center energy storage, robotics, airport ground-support equipment and defense, CFO John Gibson said during a company presentation.
Extensive testing and training process will involve approximately 10 Electrovaya staff members responsible for key Jamestown cell manufacturing operations. TORONTO, ON / ACCESS Newswire / August 24, 2026 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, is proud to announce the commencement of its Factory Acceptance Testing (FAT) for its automated lithium-ion cell assembly and formation equipment at the equipment manufacturing site.
Electrovaya reported disappointing Q3-FY2026 results with both sales and profitability falling short of consensus expectations. Management blamed the miss on customer project delays. As a result, the company's fiscal year results will fall well short of expectations for the third time in the past five years. With analysts projecting more than 50% sales growth in FY2027, the company will require substantial contributions from new verticals like battery energy storage.
Electrovaya NASDAQ: ELVA reported third-quarter fiscal 2026 revenue of $17.7 million, up from $17.1 million a year earlier, while highlighting a recently announced commercial agreement with Amazon, the launch of its ElvaPulse stationary energy-storage system and progress toward opening its Jamestown, New York, manufacturing facility.
Electrovaya Inc. (ELVA) came out with quarterly earnings of $0.01 per share, missing the Zacks Consensus Estimate of $0.03 per share. This compares to earnings of $0.02 per share a year ago.
