Elong Power Holding Limited (ELPW) Revenue History
Annual and quarterly revenue from 2021 to 2023
Compound Annual Growth Rate (CAGR)
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ELPW Revenue Growth
ELPW Revenue Analysis (2021–2023)
As of May 8, 2026, Elong Power Holding Limited (ELPW) generated trailing twelve-month (TTM) revenue of $3.5 million, reflecting significant decline in growth of -82.8% year-over-year. The most recent quarter (Q2 2024) recorded $182,988 in revenue, up 0.0% sequentially.
Looking at the longer-term picture, ELPW's historical revenue data shows various trends over time. The company achieved its highest annual revenue of $16.0 million in 2021.
When compared to Industrials sector peers including CBAT (-22.0% YoY), KNDI (-22.3% YoY), and WKHS (+16.7% YoY), ELPW has underperformed the peer group in terms of revenue growth. Compare ELPW vs CBAT →
ELPW Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| ELPWCurrent | $4M | -82.8% | - | -251.2% | |
 CBAT | $177M | -22.0% | +51.4% | 5.0% | |
 KNDI | $87M | -22.3% | +2.6% | -47.3% | |
 WKHS | $7M | +16.7% | +77.4% | -1116.7% | |
 XPEV | $40.9B | +66.4% | +77.5% | -16.3% | |
 NIO | $65.7B | +30.4% | +53.1% | -33.3% |
ELPW Historical Revenue Data (2021–2023)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2023 | $3.2M | -53.6% | $-3,914,047 | -123.8% | $-7,944,649 | -251.2% |
| 2022 | $6.8M | -57.4% | $-2,852,182 | -41.8% | $-8,211,062 | -120.5% |
| 2021 | $16.0M | - | $-3,762,363 | -23.5% | $-9,706,057 | -60.7% |
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Start ComparisonELPW — Frequently Asked Questions
Quick answers to the most common questions about buying ELPW stock.
Is ELPW's revenue growth accelerating or slowing?
ELPW revenue declined -82.8% year-over-year, contrasting with the 5-year CAGR of N/A. TTM revenue fell to $4M. This reverses the prior growth trend.
What is ELPW's long-term revenue growth rate?
Elong Power Holding Limited's 5-year revenue CAGR of N/A reflects the variable expansion pattern. Current YoY growth of -82.8% is below this long-term average.
How is ELPW's revenue distributed by segment?
ELPW reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2021-2023 are available for download. Segment mix reveals concentration and diversification trends.