LiveWire (LVWR) Operating Expenses (2021 - 2026)
LiveWire (LVWR) posted Operating Expenses of $22.8 million for Q1 2026, down 21.69% quarter-over-quarter from $29.1 million in Q4 2025, and down 2.66% year-on-year from $23.4 million in Q1 2025.
LiveWire (LVWR) Operating Expenses (2021 - 2026) Analysis & Trends
LiveWire (LVWR) has reported Operating Expenses for 6 consecutive years, with $22.8 million the latest figure, recorded in Q1 2026.
- Operating Expenses for Q1 2026 came in at $22.8 million, down 2.66% year-over-year; the trailing twelve-month figure through Mar 2026 was $100.5 million (down 19.57% YoY), and the FY2025 annual result was $101.2 million, down 26.16% from the prior year.
- Operating Expenses was $22.8 million for Q1 2026 at LiveWire, down from $29.1 million in the prior quarter.
- Over five years, Operating Expenses peaked at $48.8 million in Q4 2023 and troughed at $22.8 million in Q1 2026.
- Average Operating Expenses over 5 years is $32.2 million, with a median of $32.7 million recorded in 2023.
- Year-over-year, Operating Expenses plunged 61.96% in 2022 and gained 28.22% in 2023.
- Over 5 years, Operating Expenses stood at $38.1 million in 2022, then increased by 28.22% to $48.8 million in 2023, then retreated by 26.29% to $36.0 million in 2024, then dropped by 19.19% to $29.1 million in 2025, then decreased by 21.69% to $22.8 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $22.8 million in Q1 2026, $29.1 million in Q4 2025, and $24.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,375.42 Bn | 1,330.73 Bn | 4.72 Bn | 3.78 Bn |
| 2 | Ford Motor | 78.30 Bn | 47.85 Bn | 7.94 Bn | 40.92 Bn |
| 3 | General Motors | 68.82 Bn | 46.43 Bn | 4.32 Bn | 40.70 Bn |
| 4 | Xpeng | 40.80 Bn | 38.26 Bn | 388.90 Mn | -660.64 Mn |
| 5 | Rivian Automotive | 21.46 Bn | 16.65 Bn | 119.00 Mn | 1.00 Bn |
| 6 | Li Auto | 12.40 Bn | -965.30 Mn | 262.11 Mn | -696.85 Mn |
| 7 | Nio | 12.31 Bn | 9.20 Bn | 704.43 Mn | -749.20 Mn |
| 8 | VinFast Auto | 7.23 Bn | 91,500.01 Bn | -17,004.89 Bn | -3,574.44 Bn |
| 9 | Lucid | 2.18 Bn | 1.48 Bn | -311.71 Mn | 1.27 Bn |
| 10 | LiveWire | - | - | -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 |