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EVTVEnvirotech Vehicles, Inc.
$1.97$32M
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EVTV logoEnvirotech Vehicles, Inc.(EVTV)Earnings, Financials & Key Ratios

EVTV•NASDAQ
$1.97
Price updated Jul 6, 2026
SectorConsumer CyclicalIndustryAuto ManufacturersSub-IndustryCommercial vehicles and buses
AboutEnvirotech Vehicles, Inc. provides zero-emission electric vehicles in the United States. The company also offers vehicle maintenance and inspection services. It serves commercial and last-mile fleets, school districts, public and private transportation service companies, and colleges and universities. The company was formerly known as ADOMANI, Inc. and changed its name to Envirotech Vehicles, Inc. in May 2021. Envirotech Vehicles, Inc. is based in Osceola, Arkansas.Show more
  • Revenue$6M+217.6%
  • EBITDA-$24M-214.6%
  • Net Income-$39M-342.2%
  • EPS (Diluted)-11.54-1998.2%
  • Gross Margin-136.7%-623.0%
  • EBITDA Margin-409.44%+0.9%
  • Operating Margin-425.62%-0.5%
  • Net Margin-658.81%-39.2%
  • ROE-652.42%-1431.9%

EVTV Price & Volume

Envirotech Vehicles, Inc. (EVTV) stock price & volume — 10-year historical chart

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Persistent Operational Losses Threaten Corporate Solvency

Investment Thesis • Updated 2026Q1

VerdictNeutral
Growth:Mixed
Profitability:Negative
Financial:Vulnerable
Cash Flow:Burning
Primary Risk:Imminent liquidity and solvency

Key Thesis Takeaways

  • Envirotech Vehicles faces an existential liquidity crisis characterized by a negative equity base of $8.2 million as of 2026Q1 and an inability to scale revenue beyond lumpy, inconsistent fleet deliveries.
  • The company's reliance on debt, which has risen to $5.1 million, combined with deep negative gross margins of -8.4%, suggests a fundamental failure to achieve a viable commercial assembly model.
  • Investors should exercise extreme caution as the firm's cash position of $2.0 million remains insufficient to cover ongoing operational burn rates.

Verdict Logic

Negative: The company's status as a going concern is at risk given the $3.8 million operating loss in 2026Q1 and a current ratio of only 0.37.

EVTV Growth Metrics

Envirotech Vehicles, Inc. (EVTV) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years131.81%
3 Years9.65%
TTM325.83%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM-58.43%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM-195.83%

Return on Capital

10 Years-302.71%
5 Years-120.15%
3 Years-165.6%
Last Year-410.83%

Latest EVTV News

Recent stock market news and headlines for Envirotech Vehicles, Inc. (EVTV)

Accesswire·Jun 16, 2026
EVTV Advances 500 MW AI Data Center Vision as AZIO AI Adds A16Z Fund Strategy Leader to Advisory Team Amid Growing Interest in AI Infrastructure with Companies like SpaceX and xAI

Appointment Adds Institutional Capital Markets and AI Infrastructure Expertise as EVTV Pursues Off-grid Power-Backed Hyperscale Data Center Development and AI Compute Expansion Following the Historic SpaceX IPO HOUSTON, TX / ACCESS Newswire / June 16, 2026 / Envirotech Vehicles, Inc. (NASDAQ:EVTV) ("EVTV" or the "Company") today highlighted the recent appointment of Andrew Omori, Partner and Head of Fund Strategy at Andreessen Horowitz ("a16z"), to the advisory team of AZIO AI Corporation ("AZIO AI"), EVTV's merger partner under the previously announced definitive merger agreement. AZIO AI management believes the appointment further strengthens the leadership, capital markets expertise, and strategic capabilities being assembled for the combined artificial intelligence ("AI") infrastructure platform contemplated by the proposed transaction.

Peers Comparison

Key metrics vs top competitors for Envirotech Vehicles, Inc. (EVTV)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
EVTV logoEVTVEnvirotech Vehicles, Inc.Current
$1.97$31.93M-0.17217.58%-658.81%-652.42%—
WKHS logoWKHSWorkhorse Group Inc.
$2.80$30.5M-0.41220.58%-254.32%-204.85%—
BLNK logoBLNKBlink Charging Co.
$0.63$74.6M-0.82-16.08%-71.8%-106.04%—
HYLN logoHYLNHyliion Holdings Corp.
$4.29$765.02M-13.00130.28%-888.12%-26.05%—
XPEV logoXPEVXPeng Inc.
$13.56$12.88B-38.6982.62%-7.1%-13.77%—
PLUG logoPLUGPlug Power Inc.
$2.64$3.03B-1.8712.9%-227.13%-133.36%—

Compare EVTV vs Peers

Envirotech Vehicles, Inc. (EVTV) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs WKHS

Most directly comparable listed peer for EVTV.

Scale Benchmark

vs TSLA

Larger-name benchmark to compare EVTV against a more recognizable public peer.

Peer Set

Compare Top 5

vs WKHS, BLNK, HYLN, XPEV

EVTV SEC Filings & Documents

Envirotech Vehicles, Inc. (EVTV) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 20, 2026·SEC

Material company update

May 5, 2026·SEC

Material company update

Mar 9, 2026·SEC

10-K Annual Reports

4
FY 2026

Apr 13, 2026·SEC

FY 2025

Apr 15, 2025·SEC

FY 2024

Mar 28, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 19, 2026·SEC

FY 2025

Nov 20, 2025·SEC

FY 2025

Aug 18, 2025·SEC

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EVTV Frequently Asked Questions

Envirotech Vehicles, Inc. (EVTV) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Envirotech Vehicles, Inc.'s revenue?

Envirotech Vehicles, Inc. (EVTV) reported $7.6M in revenue for fiscal year 2025. This represents a 27264% increase from $0.0M in 2013.

How fast is Envirotech Vehicles, Inc. growing?

Envirotech Vehicles, Inc. (EVTV) grew revenue by 217.6% over the past year. This is strong growth.

Is EVTV profitable?

Envirotech Vehicles, Inc. (EVTV) reported a net loss of $29.1M for fiscal year 2025.

Dividend & Returns
What is EVTV's return on equity?

Envirotech Vehicles, Inc. (EVTV) has a return on equity (ROE) of -652.4%. Negative ROE indicates the company is unprofitable.

What is Envirotech Vehicles, Inc.'s free cash flow?

Envirotech Vehicles, Inc. (EVTV) had negative free cash flow of $6.2M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in EVTV back in 2013?

Total return calculator · dividends reinvested · 13+ years of data

See returns →