Envirotech Vehicles, Inc. (EVTV) Financial Statements
Industry: Motor Vehicle Parts & Accessories
In fiscal 2025, Envirotech Vehicles reported revenue of $5.9M, up 217.6% from $1.9M the year before. Net income was -$39.1M (a -658.8% net margin). Gross margin was -222.2% and operating margin was -651.3%. Operating activities generated -$5.6M of cash, leaving -$5.8M of free cash flow. At fiscal year end, Envirotech Vehicles held $4.7M in total assets against $13.6M in total liabilities, including $358,966 of cash and equivalents.
Open the full interactive Envirotech Vehicles financials → Quarterly statements, key ratios, valuation history and price charts.
Envirotech Vehicles Key Stats
| Share Price | $0.91 |
|---|---|
| Market Cap | $13.0M |
| Revenue YoY Growth | +217.6% |
| 52-Week Range | $0.36 – $3.68 |
| Shares Outstanding | 14.3 million (basic, 2026 Q2) |
Envirotech Vehicles Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $618,000 | $2.0M | $4.5M | $2.9M | $1.9M | $5.9M |
| Gross Profit | $315,000 | $761,376 | $1.7M | $1.0M | $488,803 | -$13.2M |
| Operating Income | -$4.3M | -$7.7M | -$43.8M | -$12.7M | -$7.9M | -$38.7M |
| Pre-Tax Income | -$4.4M | -$7.4M | -$43.8M | -$12.7M | -$8.8M | -$39.1M |
| Income Tax | — | $220,700 | $0 | $0 | $0 | $0 |
| Net Income | -$4.4M | -$7.7M | -$43.8M | -$12.7M | -$8.8M | -$39.1M |
| Diluted EPS | -$12.00 | -$6.00 | — | — | — | — |
Envirotech Vehicles Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $1.8M | $2.5M | $2.2M | $2.7M |
| Net Income | -$6.4M | -$13.6M | -$4.0M | -$6.6M |
Envirotech Vehicles Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $4.1M | $4.8M | $2.8M | $456,719 | $1.9M | $358,966 |
| Current Assets | $5.6M | $23.0M | $18.3M | $12.1M | $17.6M | $3.5M |
| Total Assets | $6.2M | $75.3M | $33.5M | $22.7M | $32.7M | $4.7M |
| Current Liabilities | $1.1M | $1.6M | $1.5M | $1.8M | $11.7M | $13.3M |
| Total Long-Term Debt | $411,000 | $45,033 | $232,437 | $279,664 | $3.4M | $485,773 |
| Total Liabilities | $1.5M | $1.6M | $1.5M | $2.0M | $11.7M | $13.6M |
| Shareholders' Equity | $4.6M | $73.7M | $32.0M | $20.6M | $20.9M | -$8.9M |
Envirotech Vehicles Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | -$3.0M | -$12.9M | -$7.4M | -$4.2M | -$3.5M | -$5.6M |
| Cash From Investing | $2.8M | -$4.7M | $5.5M | $2.3M | -$4.7M | -$176,828 |
| Cash From Financing | -$93,000 | $20.6M | -$156,690 | -$430,481 | $9.7M | $4.2M |
| Free Cash Flow | -$3.0M | -$13.0M | -$7.6M | -$4.3M | -$3.9M | -$5.8M |
Figures from Envirotech Vehicles' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Envirotech Vehicles financials page for every line item.
Envirotech Vehicles Company Profile
| Ticker | EVTV |
|---|---|
| Exchange | Nasdaq |
| Industry | Motor Vehicle Parts & Accessories |
| Headquarters | Houston, Texas |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0001563568 |
Frequently Asked Questions
What was Envirotech Vehicles' revenue in fiscal 2025?
Envirotech Vehicles (EVTV) reported revenue of $5.9M for fiscal 2025.
What is Envirotech Vehicles' annual revenue history?
Envirotech Vehicles' annual revenue by fiscal year: 2020: $618,000; 2021: $2.0M; 2022: $4.5M; 2023: $2.9M; 2024: $1.9M; 2025: $5.9M.
What was Envirotech Vehicles' net income in fiscal 2025?
Envirotech Vehicles reported net income of -$39.1M for fiscal 2025.
How much free cash flow did Envirotech Vehicles generate in fiscal 2025?
Envirotech Vehicles generated -$5.8M of free cash flow in fiscal 2025.
What was Envirotech Vehicles' revenue last quarter?
In its most recent reported quarter (2026 Q2), Envirotech Vehicles reported revenue of $2.7M.
How much debt does Envirotech Vehicles have?
Envirotech Vehicles reported $485,773 of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Envirotech Vehicles are outstanding?
Envirotech Vehicles reported a weighted average of 14.3 million basic shares outstanding in 2026 Q2.
What is Envirotech Vehicles' market cap?
Based on its latest closing price, Envirotech Vehicles (EVTV) has a market capitalization of about $13.0M.
When does Envirotech Vehicles' fiscal year end?
Envirotech Vehicles' fiscal year end, as registered with the SEC, is December 31.
Where is Envirotech Vehicles headquartered?
Envirotech Vehicles lists its business address in Houston, Texas in its SEC filings.