Innoviz Technologies (INVZ) Operating Expenses (2020 - 2025)
Innoviz Technologies (INVZ) posted Operating Expenses of $23.0 million for Q4 2025, up 27.05% sequentially from $18.1 million in Q3 2025, and up 16.19% YoY from $19.8 million in Q4 2024.
Innoviz Technologies (INVZ) Operating Expenses (2020 - 2025) Analysis & Trends
Innoviz Technologies has reported Operating Expenses for 6 years, with the latest figure at $23.0 million in Q4 2025.
- Quarterly Operating Expenses rose 16.19% year-over-year to $23.0 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $80.6 million (down 19.97% YoY) and the FY2025 annual result came in at $80.6 million, down 19.97% from the prior year.
- Operating Expenses rose to $23.0 million in Q4 2025 per INVZ's latest filing, from $18.1 million in the prior quarter.
- Over five years, Operating Expenses peaked at $70.7 million in Q2 2021 and troughed at $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.
- The sharpest annual moves came in 2021 and 2022: Operating Expenses jumped 423.29% in 2021, then sank 59.33% in 2022.
- Over 5 years, Operating Expenses stood at $32.2 million in 2021, then gained by 3.99% to $33.5 million in 2022, then retreated by 11.9% to $29.5 million in 2023, then tumbled by 32.96% to $19.8 million in 2024, then increased 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 73.54 Bn | 73.28 Bn | 2.52 Bn | 1.53 Bn |
| 2 | Autozone | 48.78 Bn | 48.52 Bn | 2.52 Bn | 341.91 Mn |
| 3 | Magna International | 19.33 Bn | 17.90 Bn | 1.61 Bn | 980.00 Mn |
| 4 | Genuine Parts | 18.26 Bn | 17.70 Bn | 2.47 Bn | 2.13 Bn |
| 5 | Borgwarner | 13.15 Bn | 10.70 Bn | 721.00 Mn | 352.00 Mn |
| 6 | Allison Transmission Holdings | 10.71 Bn | 10.31 Bn | 515.00 Mn | 224.00 Mn |
| 7 | Modine Manufacturing | 10.08 Bn | 10.00 Bn | - | - |
| 8 | Aptiv | 9.95 Bn | 9.19 Bn | 775.00 Mn | 2.91 Bn |
| 9 | Autoliv | 9.00 Bn | 8.63 Bn | 509.00 Mn | 260.00 Mn |
| 10 | Innoviz Technologies | 73.62 Mn | 47.87 Mn | 697,000.00 | 19.12 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |