Nova (NVMI) Operating Expenses (2009 - 2025)

Nova (NVMI) posted Operating Expenses of $67.5 million for Q4 2025, up 6.2% sequentially from $63.6 million in Q3 2025, and up 23.94% on a YoY basis from $54.5 million in Q4 2024.

Nova (NVMI) Operating Expenses (2009 - 2025) Analysis & Trends

Nova has disclosed Operating Expenses across 17 years of filings, most recently posting $67.5 million for Q4 2025.

  • On a quarterly basis, Operating Expenses rose 23.94% year-over-year to $67.5 million in Q4 2025; TTM through Dec 2025 was $251.7 million, a 26.15% increase from a year earlier, with the FY2025 full-year figure at $251.7 million, up 26.15% from the prior year.
  • Operating Expenses came in at $67.5 million for Q4 2025 at Nova, up from $63.6 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $67.5 million in Q4 2025 and troughed at $28.2 million in Q1 2021.
  • Historically, Operating Expenses has averaged $45.2 million across 5 years, with a median of $42.0 million in 2022.
  • Year-over-year, Operating Expenses soared 50.55% in 2021 and fell 11.31% in 2023.
  • Nova's Operating Expenses stood at $38.4 million in 2021, then rose by 18.62% to $45.5 million in 2022, then slipped by 11.31% to $40.4 million in 2023, then surged by 34.97% to $54.5 million in 2024, then increased by 23.94% to $67.5 million in 2025.
  • The last three Operating Expenses figures came in at $67.5 million (Q4 2025), $63.6 million (Q3 2025), and $61.6 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Asml Holding 636.08 Bn 620.57 Bn 5.90 Bn -
2 Applied Materials 406.04 Bn 399.30 Bn 3.95 Bn 1.42 Bn
3 Lam Research 369.24 Bn 364.49 Bn 2.91 Bn 863.51 Mn
4 Kla 240.65 Bn 238.86 Bn 2.09 Bn 679.90 Mn
5 Teradyne 58.07 Bn 57.82 Bn 780.95 Mn 307.95 Mn
6 Qnity Electronics 27.70 Bn 26.85 Bn 618.00 Mn 267.00 Mn
7 Entegris 18.25 Bn 17.80 Bn 380.80 Mn 192.90 Mn
8 Onto Innovation 12.83 Bn 12.17 Bn 146.39 Mn 112.88 Mn
9 Amkor Technology 12.41 Bn 9.90 Bn 318.59 Mn 118.74 Mn
10 Nova 76.04 Mn -138.74 Mn 128.23 Mn 67.50 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 67.50 Mn
Sep 30, 2025 63.56 Mn
Jun 30, 2025 61.60 Mn
Mar 31, 2025 59.07 Mn
Dec 31, 2024 54.46 Mn
Sep 30, 2024 52.10 Mn
Jun 30, 2024 46.94 Mn
Mar 31, 2024 46.04 Mn
Dec 31, 2023 40.35 Mn
Sep 30, 2023 38.09 Mn
Jun 30, 2023 40.94 Mn
Mar 31, 2023 41.53 Mn
Dec 31, 2022 45.50 Mn
Sep 30, 2022 41.90 Mn
Jun 30, 2022 42.07 Mn
Mar 31, 2022 37.57 Mn
Dec 31, 2021 38.36 Mn
Sep 30, 2021 29.71 Mn
Jun 30, 2021 28.74 Mn
Mar 31, 2021 28.17 Mn