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

Innoviz Technologies' (INVZ) quarterly Operating Expenses came in at $23.0 million in Q4 2025, up 16.19% year-on-year from $19.8 million in Q4 2024, and up 27.05% quarter-over-quarter from $18.1 million in Q3 2025.

Innoviz Technologies (INVZ) Operating Expenses (2020 - 2025) Analysis & Trends

Innoviz Technologies has disclosed Operating Expenses across 6 years of filings, most recently posting $23.0 million for Q4 2025.

  • Operating Expenses for Q4 2025 came in at $23.0 million, up 16.19% year-over-year; the trailing twelve-month figure through Dec 2025 was $80.6 million (down 19.97% YoY), and the FY2025 annual result 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.
  • The 5-year median for Operating Expenses is $29.1 million (2022), against an average of $29.0 million.
  • Across the five-year window, Operating Expenses surged 423.29% in 2021 and sank 59.33% in 2022, its largest moves.
  • Innoviz Technologies' Operating Expenses stood at $32.2 million in 2021, then increased by 3.99% to $33.5 million in 2022, then declined by 11.9% to $29.5 million in 2023, then tumbled by 32.96% to $19.8 million in 2024, then climbed by 16.19% to $23.0 million in 2025.
  • The last three Operating Expenses figures came in at $23.0 million (Q4 2025), $18.1 million (Q3 2025), and $18.5 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 O Reilly Automotive 76.00 Bn 75.75 Bn 2.35 Bn 1.51 Bn
2 Autozone 51.46 Bn 51.20 Bn 2.52 Bn 341.91 Mn
3 Modine Manufacturing 15.07 Bn 14.98 Bn 186.10 Mn 93.00 Mn
4 Borgwarner 14.88 Bn 15.05 Bn 677.00 Mn 346.00 Mn
5 Genuine Parts 14.73 Bn 14.25 Bn 2.34 Bn 2.05 Bn
6 Aptiv 13.96 Bn 10.89 Bn 920.00 Mn 4.71 Bn
7 Aurora Innovation 11.93 Bn 10.71 Bn -5.00 Mn 239.00 Mn
8 Magna International 10.79 Bn 9.60 Bn 1.42 Bn 960.00 Mn
9 Allison Transmission Holdings 10.06 Bn 9.75 Bn 406.00 Mn 211.00 Mn
10 Innoviz Technologies 122.18 Mn 113.52 Mn 2.07 Mn 22.99 Mn

Historic Data

Download Data
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