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| Date | Value |
|---|---|
| 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 |