Envirotech Vehicles (EVTV) Operating Expenses (2016 - 2026)

Envirotech Vehicles (EVTV) has reported Operating Expenses for 11 consecutive years, with $3.6 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Operating Expenses fell 74.14% year-over-year to $3.6 million; the TTM figure through Mar 2026 stood at $15.2 million (down 19.91% YoY), while the FY2025 annual figure was $25.5 million, up 203.04% from the prior year.
• Operating Expenses came in at $3.6 million for Q1 2026 at Envirotech Vehicles, up from $2.1 million in the prior quarter.
• The five-year high for Operating Expenses was $39.1 million in Q4 2022, with the low at $1.5 million in Q3 2024.
• Average Operating Expenses over 5 years is $5.7 million, with a median of $3.0 million recorded in 2022.
• Across the five-year window, Operating Expenses soared 600.98% in 2022 and plunged 91.92% in 2023, its largest moves.
• Year by year, Operating Expenses stood at $39.1 million in 2022, then slumped by 91.92% to $3.2 million in 2023, then sank by 32.11% to $2.1 million in 2024, then gained by 0.04% to $2.1 million in 2025, then jumped by 66.95% to $3.6 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $3.6 million, $2.1 million, and $6.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.