Microvision (MVIS) Operating Expenses (2010 - 2026)

Microvision's (MVIS) quarterly Operating Expenses came in at $23.9 million in Q1 2026, up 69.45% year-on-year from $14.1 million in Q1 2025, and down 5.74% quarter-over-quarter from $25.3 million in Q4 2025.

Microvision (MVIS) Operating Expenses (2010 - 2026) Analysis & Trends

Microvision has disclosed Operating Expenses across 11 years of filings, most recently posting $23.9 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $23.9 million, up 69.45% year-over-year; the trailing twelve-month figure through Mar 2026 was $75.3 million (up 6.95% YoY), and the FY2025 annual result was $65.5 million, down 20.8% from the prior year.
  • Operating Expenses came in at $23.9 million for Q1 2026 at Microvision, down from $25.3 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $26.4 million in Q1 2024 to a low of $12.0 million in Q3 2025.
  • The 5-year median for Operating Expenses is $16.0 million (2024), against an average of $18.8 million.
  • Across the five-year window, Operating Expenses jumped 100.78% in 2022 and plunged 46.65% in 2025, its largest moves.
  • Microvision's Operating Expenses stood at $14.0 million in 2022, then soared by 72.53% to $24.1 million in 2023, then slumped by 33.55% to $16.0 million in 2024, then jumped by 58.12% to $25.3 million in 2025, then retreated by 5.74% to $23.9 million in 2026.
  • The last three Operating Expenses figures came in at $23.9 million (Q1 2026), $25.3 million (Q4 2025), and $12.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Coherent 67.67 Bn 66.37 Bn 679.95 Mn 1.62 Bn
2 Keysight Technologies 57.00 Bn 54.83 Bn 995.00 Mn 1.35 Bn
3 Garmin 45.82 Bn 43.12 Bn 1.04 Bn 610.62 Mn
4 Teledyne Technologies 28.64 Bn 28.34 Bn 673.80 Mn 1.27 Bn
5 Mks 21.67 Bn 21.10 Bn 507.00 Mn 274.00 Mn
6 Fortive 19.42 Bn 19.07 Bn 675.50 Mn 483.80 Mn
7 Trimble 12.42 Bn 12.19 Bn 646.30 Mn 502.30 Mn
8 Cognex 10.23 Bn 9.94 Bn 190.94 Mn 131.07 Mn
9 Esco Technologies 7.86 Bn 7.77 Bn 131.32 Mn 265.48 Mn
10 Microvision 110.19 Mn 63.60 Mn 363,000.00 23.86 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 23.86 Mn
Dec 31, 2025 25.31 Mn
Sep 30, 2025 12.01 Mn
Jun 30, 2025 14.10 Mn
Mar 31, 2025 14.08 Mn
Dec 31, 2024 16.01 Mn
Sep 30, 2024 15.31 Mn
Jun 30, 2024 24.98 Mn
Mar 31, 2024 26.39 Mn
Dec 31, 2023 24.09 Mn
Sep 30, 2023 24.32 Mn
Jun 30, 2023 23.53 Mn
Mar 31, 2023 21.43 Mn
Dec 31, 2022 13.96 Mn
Sep 30, 2022 13.06 Mn
Jun 30, 2022 13.97 Mn
Mar 31, 2022 13.47 Mn
Dec 31, 2021 13.13 Mn
Sep 30, 2021 10.80 Mn
Jun 30, 2021 15.73 Mn