Gogoro (GGROW) Operating Expenses (2021 - 2026)
Gogoro (GGROW) posted quarterly Operating Expenses of $17.7 million for Q1 2026, down 12.35% year-over-year from $20.2 million in Q1 2025, and down 42.49% on a QoQ basis from $30.8 million in Q4 2025.
Gogoro (GGROW) Operating Expenses (2021 - 2026) Analysis & Trends
Gogoro (GGROW) has reported Operating Expenses for 6 consecutive years, with $17.7 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses fell 12.35% year-over-year to $17.7 million; the TTM figure through Mar 2026 stood at $91.7 million (down 34.48% YoY), while the FY2025 annual figure was $96.4 million, down 35.53% from the prior year.
- Operating Expenses came in at $17.7 million for Q1 2026 at Gogoro, down from $30.8 million in the prior quarter.
- The five-year high for Operating Expenses was $236.8 million in Q2 2022, with the low at -$18.4 million in Q1 2023.
- Average Operating Expenses over 5 years is $42.9 million, with a median of $31.8 million recorded in 2022.
- Across the five-year window, Operating Expenses jumped 783.69% in 2022 and slumped 156.15% in 2023, its largest moves.
- Year by year, Operating Expenses stood at $41.9 million in 2022, then slipped by 12.7% to $36.5 million in 2023, then soared by 69.12% to $61.8 million in 2024, then slumped by 50.16% to $30.8 million in 2025, then plunged by 42.49% to $17.7 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $17.7 million, $30.8 million, and $23.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,375.42 Bn | 1,330.73 Bn | 4.72 Bn | 3.78 Bn |
| 2 | Ford Motor | 78.30 Bn | 47.85 Bn | 7.94 Bn | 40.92 Bn |
| 3 | General Motors | 68.82 Bn | 46.43 Bn | 4.32 Bn | 40.70 Bn |
| 4 | Xpeng | 40.80 Bn | 38.26 Bn | 388.90 Mn | -660.64 Mn |
| 5 | Rivian Automotive | 21.46 Bn | 16.65 Bn | 119.00 Mn | 1.00 Bn |
| 6 | Li Auto | 12.40 Bn | -965.30 Mn | 262.11 Mn | -696.85 Mn |
| 7 | Nio | 12.31 Bn | 9.20 Bn | 704.43 Mn | -749.20 Mn |
| 8 | VinFast Auto | 7.23 Bn | 91,500.01 Bn | -17,004.89 Bn | -3,574.44 Bn |
| 9 | Lucid | 2.18 Bn | 1.48 Bn | -311.71 Mn | 1.27 Bn |
| 10 | Gogoro | - | - | 12.82 Mn | 17.72 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 17.72 Mn |
| Dec 31, 2025 | 30.81 Mn |
| Sep 30, 2025 | 22.98 Mn |
| Mar 31, 2025 | 20.21 Mn |
| Dec 31, 2024 | 61.81 Mn |
| Sep 30, 2024 | 29.20 Mn |
| Jun 30, 2024 | 28.77 Mn |
| Mar 31, 2024 | 29.77 Mn |
| Dec 31, 2023 | 36.55 Mn |
| Sep 30, 2023 | 36.71 Mn |
| Jun 30, 2023 | 33.56 Mn |
| Mar 31, 2023 | -18.39 Mn |
| Dec 31, 2022 | 41.86 Mn |
| Sep 30, 2022 | 44.69 Mn |
| Jun 30, 2022 | 236.75 Mn |
| Mar 31, 2022 | 32.74 Mn |
| Dec 31, 2021 | 36.65 Mn |
| Sep 30, 2021 | 29.36 Mn |
| Jun 30, 2021 | 26.79 Mn |
| Mar 31, 2021 | 25.61 Mn |