Electrovaya Inc.ELVANASDAQ
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Research and development spending
3Y CAGR
+10.9%/yr
vs +4.3%/yr prior
5Y CAGR
+0.3%/yr
Recent acceleration
Acceleration
+6.7pp
Accelerating
Percentile
P93
Near historical high
vs 5Y Ago
1x
Modest growth
Streak
2 yr
Consecutive growthStrong
| Period | Value | YoY Change |
|---|---|---|
| TTM | $4.62M | +5.5% |
| 2025 | $4.38M | +44.1% |
| 2024 | $3.04M | -10.2% |
| 2023 | $3.38M | -1.5% |
| 2022 | $3.43M | -24.6% |
| 2021 | $4.55M | +65.7% |
| 2020 | $2.75M | -4.0% |
| 2019 | $2.86M | -25.2% |
| 2018 | $3.83M | +28.1% |
| 2017 | $2.98M | - |