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| 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 |