Growth Metrics

Innoviz Technologies (INVZ) Operating Expenses (2020 - 2025)

Innoviz Technologies recorded quarterly Operating Expenses of $23.0 million in Q4 2025, up 27.05% quarter-over-quarter from $18.1 million in Q3 2025, and up 16.19% year-over-year from $19.8 million in Q4 2024.

Innoviz Technologies' Operating Expenses history runs 6 years deep, the most recent figure standing at $23.0 million for Q4 2025.

  • In Q4 2025, Operating Expenses rose 16.19% year-over-year to $23.0 million; the TTM figure through Dec 2025 stood at $80.6 million (down 19.97% YoY), while the FY2025 annual figure was $80.6 million, down 19.97% from the prior year.
  • Operating Expenses came in at $23.0 million for Q4 2025 at Innoviz Technologies, up from $18.1 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $70.7 million in Q2 2021 to a low of $18.1 million in Q3 2025.
  • A 5-year average of $29.0 million and a median of $29.1 million in 2022 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses soared 423.29% in 2021 and plunged 59.33% in 2022, its largest moves.
  • Innoviz Technologies' Operating Expenses stood at $32.2 million in 2021, then rose by 3.99% to $33.5 million in 2022, then fell by 11.9% to $29.5 million in 2023, then slumped by 32.96% to $19.8 million in 2024, then grew by 16.19% to $23.0 million in 2025.
  • According to Business Quant data, Operating Expenses over the past three periods registered $23.0 million, $18.1 million, and $18.5 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 O Reilly Automotive 77.46 Bn 77.21 Bn 2.35 Bn 1.51 Bn
2 Autozone 56.88 Bn 56.59 Bn 2.24 Bn 330.65 Mn
3 Genuine Parts 13.45 Bn 12.97 Bn 2.34 Bn 2.05 Bn
4 Modine Manufacturing 13.16 Bn 13.07 Bn 186.10 Mn 93.00 Mn
5 Borgwarner 13.07 Bn 13.23 Bn 677.00 Mn 346.00 Mn
6 Aptiv 11.89 Bn 8.82 Bn 920.00 Mn 4.71 Bn
7 Magna International 10.79 Bn 9.60 Bn 1.42 Bn 557.00 Mn
8 Allison Transmission Holdings 9.02 Bn 8.71 Bn 406.00 Mn 211.00 Mn
9 Autoliv 9.01 Bn 8.66 Bn 526.00 Mn 281.00 Mn
10 Innoviz Technologies 143.92 Mn 135.27 Mn 2.07 Mn 22.99 Mn

Historic Data

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DateValue
Dec 31, 2025 22.99 Mn
Sep 30, 2025 18.10 Mn
Jun 30, 2025 18.54 Mn
Mar 31, 2025 21.01 Mn
Dec 31, 2024 19.79 Mn
Sep 30, 2024 26.01 Mn
Jun 30, 2024 23.27 Mn
Mar 31, 2024 31.69 Mn
Dec 31, 2023 29.52 Mn
Sep 30, 2023 27.79 Mn
Jun 30, 2023 30.39 Mn
Mar 31, 2023 33.29 Mn
Dec 31, 2022 33.51 Mn
Sep 30, 2022 31.25 Mn
Jun 30, 2022 28.76 Mn
Mar 31, 2022 31.06 Mn
Dec 31, 2021 32.22 Mn
Sep 30, 2021 29.98 Mn
Jun 30, 2021 70.72 Mn
Mar 31, 2021 19.71 Mn
Dec 31, 2020 17.87 Mn
Sep 30, 2020 16.76 Mn
Jun 30, 2020 13.52 Mn
Mar 31, 2020 18.07 Mn