LiveWire (LVWR-WT) Operating Expenses (2021 - 2026)
LiveWire's (LVWR-WT) quarterly Operating Expenses came in at $22.8 million in Q1 2026, down 2.66% YoY from $23.4 million in Q1 2025, and down 21.69% on a QoQ basis from $29.1 million in Q4 2025.
LiveWire (LVWR-WT) Operating Expenses (2021 - 2026) Analysis & Trends
LiveWire (LVWR-WT) has 6 years of Operating Expenses data on file, last reported at $22.8 million in Q1 2026.
- Quarterly Operating Expenses fell 2.66% year-over-year to $22.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $100.5 million (down 19.57% YoY) and the FY2025 annual result came in at $101.2 million, down 26.16% from the prior year.
- Operating Expenses fell to $22.8 million in Q1 2026, from $29.1 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $48.8 million in Q4 2023 to a low of $22.8 million in Q1 2026.
- A 5-year average of $32.2 million and a median of $32.7 million in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses slumped 61.96% — and 2023, when it increased 28.22%.
- Tracing LVWR-WT's Operating Expenses over 5 years: stood at $38.1 million in 2022, then advanced by 28.22% to $48.8 million in 2023, then dropped by 26.29% to $36.0 million in 2024, then retreated by 19.19% to $29.1 million in 2025, then declined by 21.69% to $22.8 million in 2026.
- The last three Operating Expenses figures came in at $22.8 million (Q1 2026), $29.1 million (Q4 2025), and $24.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,062.42 Bn | 1,018.89 Bn | 4.75 Bn | 4.35 Bn |
| 2 | Toyota Motor | 248.02 Bn | 113.80 Bn | 12.27 Bn | 78.18 Bn |
| 3 | Honda Motor | 127.13 Bn | 92.93 Bn | -34.06 Bn | 239.73 Bn |
| 4 | Ford Motor | 81.51 Bn | 50.18 Bn | 6.08 Bn | 47.66 Bn |
| 5 | General Motors | 78.38 Bn | 53.66 Bn | 7.33 Bn | 46.57 Bn |
| 6 | Li Auto | 26.25 Bn | 12.80 Bn | 262.11 Mn | -696.85 Mn |
| 7 | Xpeng | 23.13 Bn | 20.59 Bn | 388.90 Mn | -660.64 Mn |
| 8 | Rivian Automotive | 21.08 Bn | 15.77 Bn | 179.00 Mn | 1.02 Bn |
| 9 | Stellantis | 16.04 Bn | -25.41 Bn | 5.55 Bn | 4.85 Bn |
| 10 | LiveWire | 6.89 Mn | -60.61 Mn | -537,000.00 | 22.79 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.79 Mn |
| Dec 31, 2025 | 29.10 Mn |
| Sep 30, 2025 | 24.51 Mn |
| Jun 30, 2025 | 24.14 Mn |
| Mar 31, 2025 | 23.41 Mn |
| Dec 31, 2024 | 36.01 Mn |
| Sep 30, 2024 | 30.97 Mn |
| Jun 30, 2024 | 34.61 Mn |
| Mar 31, 2024 | 35.40 Mn |
| Dec 31, 2023 | 48.85 Mn |
| Sep 30, 2023 | 33.49 Mn |
| Jun 30, 2023 | 39.01 Mn |
| Mar 31, 2023 | 32.67 Mn |
| Dec 31, 2022 | 38.10 Mn |
| Sep 25, 2022 | 35.73 Mn |
| Jun 26, 2022 | 31.86 Mn |
| Mar 27, 2022 | 26.10 Mn |
| Dec 31, 2021 | 100.15 Mn |