Microvision (MVIS) Operating Expenses (2010 - 2026)
Microvision's (MVIS) quarterly Operating Expenses came in at $24.9 million in Q2 2026, up 76.32% year-over-year from $14.1 million in Q2 2025, and up 4.17% quarter-over-quarter from $23.9 million in Q1 2026.
Analysis
Microvision (MVIS) Operating Expenses (2010 - 2026) Analysis & Trends
Microvision has disclosed Operating Expenses across 11 years of filings, most recently posting $24.9 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 76.32% year-over-year to $24.9 million; the TTM figure through Jun 2026 stood at $86.0 million (up 44.6% YoY), while the FY2025 annual figure was $65.5 million, down 20.8% from the prior year.
- Operating Expenses came in at $24.9 million for Q2 2026 at Microvision, up from $23.9 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.
- Average Operating Expenses over 5 years is $19.1 million, with a median of $18.7 million recorded in 2023.
- Year-over-year, Operating Expenses surged 100.78% in 2022 and tumbled 46.65% in 2025.
- Over 5 years, Operating Expenses stood at $14.0 million in 2022, then soared by 72.53% to $24.1 million in 2023, then plunged by 33.55% to $16.0 million in 2024, then jumped by 58.12% to $25.3 million in 2025, then slipped by 1.8% to $24.9 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $24.9 million in Q2 2026, $23.9 million in Q1 2026, and $25.3 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Lumentum Holdings | 69.79 Bn | 67.06 Bn | 477.30 Mn | 198.00 Mn |
| 2 | Coherent | 52.04 Bn | 50.05 Bn | 787.08 Mn | 1.77 Bn |
| 3 | Zebra Technologies | 16.42 Bn | 16.26 Bn | 825.00 Mn | 504.00 Mn |
| 4 | Littelfuse | 10.48 Bn | 9.85 Bn | 306.06 Mn | 186.34 Mn |
| 5 | Vishay Intertechnology | 4.28 Bn | 2.98 Bn | 207.38 Mn | 153.86 Mn |
| 6 | LG Display | 3.14 Bn | 2.07 Bn | 509.35 Mn | -500.55 Mn |
| 7 | Knowles | 3.04 Bn | 2.99 Bn | 74.60 Mn | 49.90 Mn |
| 8 | Bel Fuse | 2.76 Bn | 2.45 Bn | 83.97 Mn | 45.32 Mn |
| 9 | Hesai | 2.42 Bn | 1.44 Bn | 50.88 Mn | 50.56 Mn |
| 10 | Microvision | 35.56 Mn | -6.12 Mn | 642,000.00 | 24.85 Mn |
Historic Data
Download Data
Historic 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 |