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

Envirotech Vehicles (EVTV) recorded quarterly Operating Expenses of $3.6 million in Q1 2026, up 66.95% quarter-over-quarter from $2.1 million in Q4 2025, and down 74.14% on a YoY basis from $13.9 million in Q1 2025.

Envirotech Vehicles (EVTV) Operating Expenses (2016 - 2026) Analysis & Trends

Envirotech Vehicles' Operating Expenses history runs 11 years deep, the most recent figure standing at $3.6 million for 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 was $3.6 million for Q1 2026 at Envirotech Vehicles, up from $2.1 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $39.1 million in Q4 2022 to a low of $1.5 million in Q3 2024.
  • Historically, Operating Expenses has averaged $5.7 million across 5 years, with a median of $3.0 million in 2022.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses soared 600.98% in 2022, then tumbled 91.92% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $39.1 million in 2022, then sank by 91.92% to $3.2 million in 2023, then plunged by 32.11% to $2.1 million in 2024, then grew by 0.04% to $2.1 million in 2025, then jumped by 66.95% to $3.6 million in 2026.
  • The last three Operating Expenses figures came in at $3.6 million (Q1 2026), $2.1 million (Q4 2025), and $6.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Tesla 1,264.49 Bn 1,219.81 Bn 4.72 Bn 3.78 Bn
2 Toyota Motor 448.54 Bn 321.13 Bn 9.14 Bn 76.70 Bn
3 General Motors 74.80 Bn 52.42 Bn 4.32 Bn 40.70 Bn
4 Ferrari 71.95 Bn 70.15 Bn 1.09 Bn 479.59 Mn
5 Ford Motor 59.47 Bn 29.01 Bn 7.94 Bn 40.92 Bn
6 Rivian Automotive 20.42 Bn 15.62 Bn 119.00 Mn 1.00 Bn
7 China Yuchai International 16.65 Bn 15.59 Bn 317.01 Mn -282.20 Mn
8 VinFast Auto 7.51 Bn 10.51 Bn -15,731.99 Bn -11,212.24 Bn
9 Digital Currency X Technology 5.68 Bn 5.68 Bn - -
10 Envirotech Vehicles 23.07 Mn 21.05 Mn -188,612.00 3.58 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 3.58 Mn
Dec 31, 2025 2.15 Mn
Sep 30, 2025 6.14 Mn
Jun 30, 2025 3.34 Mn
Mar 31, 2025 13.85 Mn
Dec 31, 2024 2.14 Mn
Sep 30, 2024 1.47 Mn
Jun 30, 2024 1.53 Mn
Mar 31, 2024 3.26 Mn
Dec 31, 2023 3.16 Mn
Sep 30, 2023 6.00 Mn
Jun 30, 2023 2.15 Mn
Mar 31, 2023 2.41 Mn
Dec 31, 2022 39.09 Mn
Sep 30, 2022 1.70 Mn
Jun 30, 2022 1.83 Mn
Mar 31, 2022 2.95 Mn
Dec 31, 2021 5.58 Mn
Sep 30, 2021 1.38 Mn
Jun 30, 2021 931,354.00