Electrovaya cuts FY2026 normalized revenue outlook to US$70 million-US$73 million
ELVA•FY2026 revenue outlook lowered
Electrovaya forecast normalized FY 2026 revenue of US$70 million-US$73 million, citing customer order visibility into Q4.
The outlook reflects timing shifts, including about US$5 million of high-voltage battery-system deliveries now expected in FY 2027 Q1.
Guidance assumes firm purchase order backlog, pipeline totaling about US$100 million-US$125 million, modeled with an about 25% discount for delays.
