Electrovaya Inc. reported its financial results for the third quarter of fiscal year 2025, ending June 30, 2025, on August 13, 2025. The company announced revenue of $17.1 million, marking a substantial 67% increase year-over-year.
The report highlighted positive Adjusted EBITDA for the ninth consecutive quarter, reaching $2.9 million, or 17% of revenue. Crucially, Electrovaya achieved a net profit of $0.9 million in Q3 2025, its second consecutive profitable quarter, which management views as a 'true inflection point'.
Electrovaya reaffirmed its fiscal year 2025 revenue guidance to exceed $60 million, with management indicating an expectation to 'beat that guidance'. The company also anticipates Q4 fiscal year 2025 to be a growth quarter over Q3, signaling continued strong momentum.
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