Gogoro (GGROW) Operating Expenses (2021 - 2026)
Gogoro (GGROW) recorded quarterly Operating Expenses of $17.7 million in Q1 2026, down 42.49% quarter-over-quarter from $30.8 million in Q4 2025, and down 12.35% on a YoY basis from $20.2 million in Q1 2025.
Gogoro (GGROW) Operating Expenses (2021 - 2026) Analysis & Trends
Gogoro's Operating Expenses history runs 6 years deep, the most recent figure standing at $17.7 million for 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 was $17.7 million for Q1 2026 at Gogoro, down from $30.8 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $236.8 million in Q2 2022 to a low of $17.7 million in Q1 2026.
- Historically, Operating Expenses has averaged $46.0 million across 5 years, with a median of $32.6 million in 2022.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses jumped 783.69% in 2022, then tumbled 85.82% in 2023.
- A 5-year view of Operating Expenses shows it stood at $41.9 million in 2022, then fell by 12.7% to $36.5 million in 2023, then soared by 69.12% to $61.8 million in 2024, then sank by 50.16% to $30.8 million in 2025, then tumbled by 42.49% to $17.7 million in 2026.
- The last three Operating Expenses figures came in at $17.7 million (Q1 2026), $30.8 million (Q4 2025), and $23.0 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 | 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 | 32.50 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 |