Electrovaya Inc. reported unaudited financial results for the nine months ended June 30, 2026, showing revenue growth to $51.3 million from $43.3 million in the prior year period and a net profit of $2.4 million compared to $1.3 million previously. The company revised its full-year fiscal 2026 normalized revenue guidance downward to approximately $70–$73 million, citing timing delays in customer programs and material handling pushouts. During the period, Electrovaya raised approximately $28.1 million through a public offering of common shares at $5.20 per share and exercised warrants for an additional $1.2 million. Cash balances increased to $13.1 million as of June 30, 2026. The company operates in the lithium-ion battery technology sector, designing and manufacturing advanced battery cells, modules, and systems for energy storage and electric transportation.

Electrovaya Inc. reported fiscal third quarter and nine-month results ending June 30, 2026. Revenue for Q3 reached $17.7 million, up 3% year-over-year, while the nine-month total was $51.3 million, an 18% increase. The company achieved a record quarterly gross margin of 34.9% and record Adjusted EBITDA of $3.7 million. Net profit for Q3 was $0.3 million, marking six consecutive quarters of profitability; nine-month net income totaled $2.4 million. Cash balances rose to $13.1 million from $6.4 million at year-end. The company revised its full-year 2026 revenue guidance downward to a range of $70–$73 million, citing timing shifts in customer programs and material handling pushouts. Strategic developments include a commercial agreement with Amazon involving warrants for up to 13.9 million shares upon reaching $280 million in cumulative purchases, and the launch of the ElvaPulse™ 1500 stationary energy storage system. Electrovaya operates in the lithium-ion battery technology sector, designing and manufacturing advanced battery cells, modules, and systems for industrial, transportation, and energy storage applications.

Electrovaya Inc. announced the launch of ElvaPulse™ 1500, a high-power stationary battery energy storage system designed for data center and mission-critical applications. The platform offers up to 2.88 MWh of nominal energy capacity and approximately 7 MW of continuous power within a modular 20-foot container. Initial deliveries are targeted for Q2 2027 from the company's Jamestown, New York manufacturing facility. Certification activities under UL 1973 and UL 9540 are underway, with completion expected in Q1 2027. Electrovaya operates in the lithium-ion battery technology and manufacturing industry.