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| Date | Value |
|---|---|
| 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 |