EVTV · Envirotech Vehicles, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | $2.44M | - | $1.73M | $2.50M | $471.2K | - | $133.9K | $608.9K | $502.3K | - |
| Gross Profit | ($188.6K) | - | $80.8K | ($1.46M) | $119.4K | - | ($133.9K) | $203.8K | $308.2K | - |
| R&D | $10.0K | - | $43.3K | $590.1K | $98.4K | - | $20.5K | $61.6K | $70.3K | - |
| SG&A | $3.57M | - | $2.78M | $2.75M | $3.60M | - | $1.40M | $1.47M | $3.19M | - |
| Total Operating Expenses | $3.58M | - | $6.14M | $3.34M | $13.85M | - | $1.47M | $1.53M | $3.26M | - |
| D&A | $64.0K | - | $105.2K | $56.1K | $280.7K | - | $36.3K | $36.7K | $39.2K | - |
| Operating Income | ($3.77M) | - | ($6.06M) | ($4.80M) | ($13.73M) | - | ($1.61M) | ($1.32M) | ($2.96M) | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $0 | - | $0 | $0 | $0 | - | $0 | $0 | $0 | - |
| Net Income | ($3.99M) | - | ($6.36M) | ($5.15M) | ($14.04M) | - | ($1.23M) | ($755.1K) | ($4.53M) | - |
| EPS - Basic | ($0.31) | - | ($1.79) | ($2.01) | ($6.40) | - | ($0.80) | ($0.50) | ($2.90) | - |
| EPS - Diluted | - | - | - | - | - | - | - | - | - | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $2.01M | $359.0K | $77.6K | $942.2K | $211.3K | $1.94M | $682.7K | $437.1K | $1.05M | $456.7K |
| Accounts Receivable | - | - | - | - | - | $1.01M | $1.09M | $1.43M | $1.03M | $692.1K |
| Inventory | $0 | $0 | $4.86M | $4.86M | $6.25M | $6.42M | $6.70M | $6.70M | $7.24M | $6.83M |
| Accounts Payable | $5.24M | $3.58M | $2.93M | $2.16M | $1.81M | $1.47M | $1.08M | $960.8K | $960.1K | $760.8K |
| Current Assets | $6.77M | $3.48M | $15.48M | $16.31M | $20.07M | $17.64M | $12.24M | $11.99M | $12.64M | $12.06M |
| Total Assets | $11.19M | $4.67M | $18.20M | $22.74M | $24.84M | $32.67M | $22.83M | $22.51M | $23.16M | $22.65M |
| Current Liabilities | $18.31M | $13.29M | $15.98M | $16.43M | $15.67M | $11.74M | $3.57M | $4.28M | $4.49M | $1.77M |
| Long-term Debt | $4.54M | $485.8K | $2.88M | $4.94M | $4.57M | $3.38M | $918.1K | $1.32M | $1.12M | $279.7K |
| Total Liabilities | $19.37M | $13.60M | $16.33M | $16.84M | $15.67M | $11.75M | $3.88M | $4.36M | $4.66M | $2.02M |
| Stockholders' Equity | ($8.18M) | ($8.93M) | $1.86M | $5.91M | $9.17M | $20.92M | $18.95M | $18.15M | $18.51M | $20.63M |
| Retained Earnings | ($116.58M) | ($112.59M) | ($99.00M) | ($92.64M) | ($87.50M) | ($73.46M) | ($71.13M) | ($69.90M) | ($69.14M) | ($64.61M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($3.34M) | - | - | - | ($4.22M) | - | - | - | ($735.6K) | - |
| Investing Cash Flow | ($1.53M) | - | - | - | ($176.8K) | - | - | - | $0 | - |
| Financing Cash Flow | $6.52M | - | - | - | $2.66M | - | - | - | $1.33M | - |
| CapEx | $1.53M | - | - | - | $176.8K | - | - | - | $0 | - |
| Free Cash Flow | ($4.87M) | - | - | - | ($4.39M) | - | - | - | ($735.6K) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | 1.22 | - | - | - | 0.31 | - | - | - | 0.16 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -35.6% | - | -34.9% | -22.6% | -56.5% | - | -5.4% | -3.4% | -19.6% | - |
| Return on equity | 48.8% | - | -341.4% | -87.1% | -153.1% | - | -6.5% | -4.2% | -24.5% | - |
| Return on invested capital | - | - | -101.1% | -34.9% | -78.9% | - | -6.4% | -5.4% | -11.9% | - |
| Liquidity | ||||||||||
| Current ratio | 0.37 | 0.26 | 0.97 | 0.99 | 1.28 | 1.50 | 3.43 | 2.80 | 2.81 | 6.80 |
| Quick ratio | 0.37 | 0.26 | 0.66 | 0.70 | 0.88 | 0.96 | 1.55 | 1.23 | 1.20 | 2.95 |
| Cash ratio | 0.11 | 0.03 | 0.00 | 0.06 | 0.01 | 0.17 | 0.19 | 0.10 | 0.23 | 0.26 |
| Leverage | ||||||||||
| Debt / Equity | -0.56 | -0.05 | 1.54 | 0.84 | 0.50 | 0.16 | 0.05 | 0.07 | 0.06 | 0.01 |
| Debt / Assets | 0.41 | 0.10 | 0.16 | 0.22 | 0.18 | 0.10 | 0.04 | 0.06 | 0.05 | 0.01 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | -1.37 | -0.52 | 9.77 | 3.85 | 2.71 | 1.56 | 1.20 | 1.24 | 1.25 | 1.10 |
| Liabilities / Assets | 1.73 | 2.91 | 0.90 | 0.74 | 0.63 | 0.36 | 0.17 | 0.19 | 0.20 | 0.09 |
| Efficiency | ||||||||||
| Asset turnover | - | - | - | - | - | - | - | - | - | - |
| Inventory turnover | - | - | 0.36 | 0.52 | 0.08 | - | 0.02 | 0.09 | 0.07 | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | 0d | - | 1023d | 708d | 4841d | - | 18268d | 4018d | 5262d | - |
| Days payable outstanding | 784d | - | 618d | 315d | 1401d | - | 2950d | 576d | 698d | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | -61.3% | - | - | -76.8% | 160.4% | - |
| Operating income growth (YoY) | 72.5% | - | -277.7% | -262.4% | -364.5% | - | 73.2% | -4.6% | -28.9% | - |
| Net income growth (YoY) | 71.6% | - | -414.8% | -581.6% | -209.7% | - | 79.4% | 39.8% | -99.8% | - |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | -10.8% | - | - | - | -497.4% | - | - | - | 67.6% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | - | - | -90.2% | -67.5% | -50.4% | 1.4% | -20.3% | -36.7% | -37.9% | -35.5% |
Peer comparison
Same SIC group: Motor Vehicle Parts & Accessories
Comparing Envirotech Vehicles against the 5 most active filers in the same SIC group.