Electrovaya 2025 Q4 Earnings Record Net Income Surges 1896.5% from Loss

Electrovaya (ELVA) delivered a remarkable turnaround in Q4 2025, reporting a 77.5% revenue increase and reversing a five-year streak of losses. The company’s net income surged 1896.5% to $2.05 million, driven by strong demand in industrial and transportation markets. The earnings report aligns with Oppenheimer’s recent “Outperform” rating and $14 price target, reflecting growing investor confidence.

Revenue

The total revenue of Electrovaya increased by 77.5% to $20.51 million in 2025 Q4, up from $11.55 million in 2024 Q4.

Earnings/Net Income

Electrovaya returned to profitability with EPS of $0.05 in 2025 Q4, reversing from a loss of $0.00 per share in 2024 Q4 (1572.7% positive change). Meanwhile, the company achieved a remarkable turnaround with net income of $2.05 million in 2025 Q4, representing a 1896.5% positive swing from the net loss of $-114,000 in 2024 Q4. The Company has sustained losses for 5 years over the corresponding fiscal quarter, highlighting ongoing financial headwinds. The company’s impressive 1896.5% net income turnaround and positive EPS of $0.05 highlight a strong operational recovery.

Price Action

The stock price of Electrovaya has edged up 0.74% during the latest trading day, has edged up 2.42% during the most recent full trading week, and has surged 47.71% month-to-date.

Post-Earnings Price Action Review

The strategy of buying ELVA when its revenues beat expectations and holding for 30 days delivered strong results. The strategy achieved a 32.88% return, surpassing the benchmark return of 24.58% by 8.31%. With a maximum drawdown of 0.00% and a Sharpe ratio of 0.74, the strategy also demonstrated robust risk management, making it a reliable approach for investors seeking both growth and stability.

CEO Commentary

The CEO highlighted a strong Q4 performance, driven by revenue growth to $20.5 million and an EPS of $0.0486. He emphasized strategic investments in battery technology and expansion into the EV market, positioning Electrovaya for long-term growth. The CEO expressed optimism about the company’s trajectory, noting the net income of $2.05 million as a testament to operational efficiency and market confidence.

Guidance

The company did not provide formal guidance for future periods but reiterated its focus on scaling production of lithium-ion battery systems and advancing solid-state technology. Leadership remains confident in leveraging market demand for clean energy solutions to drive sustained profitability.

Additional News

On December 18, 2025, Oppenheimer initiated coverage on Electrovaya with an “Outperform” rating and a $14.00 price target, underscoring the firm’s belief in the company’s growth potential. Analysts attributed the positive outlook to Electrovaya’s proprietary Infinity Battery Technology and expanding applications in EVs and energy storage. Additionally, the company’s robust IP portfolio and OEM partnerships were cited as key differentiators in the competitive battery sector.

[Generated by Enhanced Earnings Report Editor]