Microvision (MVIS) Operating Expenses (2010 - 2026)
Microvision (MVIS) posted Operating Expenses of $23.9 million for Q1 2026, down 5.74% sequentially from $25.3 million in Q4 2025, and up 69.45% YoY from $14.1 million in Q1 2025.
Microvision (MVIS) Operating Expenses (2010 - 2026) Analysis & Trends
Microvision has reported Operating Expenses for 11 years, with the latest figure at $23.9 million in Q1 2026.
- Quarterly Operating Expenses rose 69.45% year-over-year to $23.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $75.3 million (up 6.95% YoY) and the FY2025 annual result came in at $65.5 million, down 20.8% from the prior year.
- Operating Expenses retreated to $23.9 million in Q1 2026 per MVIS's latest filing, from $25.3 million in the prior quarter.
- Over five years, Operating Expenses peaked at $26.4 million in Q1 2024 and troughed at $12.0 million in Q3 2025.
- A 5-year average of $18.8 million and a median of $16.0 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses soared 100.78% in 2022, then plunged 46.65% in 2025.
- Over 5 years, Operating Expenses stood at $14.0 million in 2022, then surged by 72.53% to $24.1 million in 2023, then slumped by 33.55% to $16.0 million in 2024, then soared by 58.12% to $25.3 million in 2025, then slipped by 5.74% to $23.9 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $23.9 million, $25.3 million, and $12.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Garmin | 56.50 Bn | 53.83 Bn | 1.26 Bn | 646.51 Mn |
| 2 | Keysight Technologies | 54.05 Bn | 51.64 Bn | 1.18 Bn | 1.31 Bn |
| 3 | Coherent | 51.08 Bn | 49.09 Bn | 787.08 Mn | 1.77 Bn |
| 4 | Teledyne Technologies | 29.39 Bn | 29.05 Bn | 738.10 Mn | 1.33 Bn |
| 5 | Mks | 19.03 Bn | 18.41 Bn | 595.00 Mn | 282.00 Mn |
| 6 | Fortive | 18.08 Bn | 17.71 Bn | 695.30 Mn | 485.40 Mn |
| 7 | Trimble | 13.91 Bn | 13.70 Bn | 674.90 Mn | 542.90 Mn |
| 8 | Cognex | 9.98 Bn | 9.58 Bn | 205.77 Mn | 120.26 Mn |
| 9 | Esco Technologies | 7.37 Bn | 7.30 Bn | 141.52 Mn | 298.07 Mn |
| 10 | Microvision | 40.13 Mn | -1.55 Mn | 642,000.00 | 24.85 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 24.85 Mn |
| 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 |