Envirotech Vehicles, Inc. (EVTV) Revenue History
Annual and quarterly revenue from 2013 to 2024
Compound Annual Growth Rate (CAGR)
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EVTV Revenue Growth
EVTV Revenue Analysis (2013–2024)
As of May 8, 2026, Envirotech Vehicles, Inc. (EVTV) generated trailing twelve-month (TTM) revenue of $3.7 million, reflecting explosive growth of +1253.3% year-over-year. The most recent quarter (Q3 2025) recorded $1.8 million in revenue, up 73.1% sequentially.
Looking at the longer-term picture, EVTV's 5-year compound annual growth rate (CAGR) stands at -31.7%, indicating revenue contraction over this period. The company achieved its highest annual revenue of $12.6 million in 2019.
When compared to Consumer Cyclical sector peers including WKHS (+16.7% YoY), BLNK (-22.3% YoY), and HYLN (+130.3% YoY), EVTV has outperformed the peer group in terms of revenue growth. Compare EVTV vs WKHS →
EVTV Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| EVTVCurrent | $4M | +1253.3% | -31.7% | -423.5% | |
 WKHS | $7M | +16.7% | +77.4% | -1116.7% | |
 BLNK | $124M | -22.3% | +114.6% | -160.6% | |
 HYLN | $3M | +130.3% | - | -1886.4% | |
 XPEV | $40.9B | +66.4% | +77.5% | -16.3% | |
 PLUG | $710M | +12.9% | - | 38.1% |
EVTV Historical Revenue Data (2013–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $1.9M | -34.7% | $489K | 26.1% | $-7,920,357 | -423.5% |
| 2023 | $2.9M | -36.4% | $1.0M | 35.1% | $-12,714,659 | -444.1% |
| 2022 | $4.5M | +120.5% | $1.7M | 38.4% | $-43,847,422 | -973.4% |
| 2021 | $2.0M | +2202.2% | $761K | 37.3% | $-7,723,996 | -378.1% |
| 2020 | $89K | -99.3% | $15K | 17.1% | $-410,957 | -463.1% |
| 2019 | $12.6M | +150.7% | $885K | 7.0% | $-5,213,000 | -41.5% |
| 2018 | $5.0M | +1079.1% | $133K | 2.7% | $-10,989,940 | -219.3% |
| 2017 | $425K | +525.0% | $35K | 8.2% | $-21,598,000 | -5081.9% |
| 2016 | $68K | - | $18K | 26.5% | $-9,534,000 | -14020.6% |
| 2015 | $0 | -100.0% | $-7,102 | - | $-5,317,000 | - |
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Start ComparisonEVTV — Frequently Asked Questions
Quick answers to the most common questions about buying EVTV stock.
Is EVTV's revenue growth accelerating or slowing?
EVTV revenue is accelerating at +1253.3% year-over-year, exceeding the 5-year CAGR of -31.7%. TTM revenue reached $4M. Growth momentum has increased versus prior periods.
What is EVTV's long-term revenue growth rate?
Envirotech Vehicles, Inc.'s 5-year revenue CAGR of -31.7% reflects the sustained expansion pattern. Current YoY growth of +1253.3% is above this long-term average.
How is EVTV's revenue distributed by segment?
EVTV reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2013-2024 are available for download. Segment mix reveals concentration and diversification trends.