Nuvve Holding (NVVE) Operating Expenses (2020 - 2026)
Nuvve Holding (NVVE) posted Operating Expenses of $7.2 million for Q1 2026, down 16.18% sequentially from $8.6 million in Q4 2025, and up 10.99% YoY from $6.5 million in Q1 2025.
Nuvve Holding (NVVE) Operating Expenses (2020 - 2026) Analysis & Trends
Nuvve Holding has reported Operating Expenses for 7 years, with the latest figure at $7.2 million in Q1 2026.
- Quarterly Operating Expenses rose 10.99% year-over-year to $7.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $37.7 million (up 55.58% YoY) and the FY2025 annual result came in at $37.0 million, up 43.61% from the prior year.
- Operating Expenses eased to $7.2 million in Q1 2026 per NVVE's latest filing, from $8.6 million in the prior quarter.
- Over five years, Operating Expenses peaked at $15.1 million in Q2 2025 and troughed at $3.8 million in Q3 2024.
- A 5-year average of $9.0 million and a median of $9.1 million in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses tumbled 66.4% in 2024, then surged 130.43% in 2025.
- Over 5 years, Operating Expenses stood at $9.9 million in 2022, then retreated by 8.04% to $9.1 million in 2023, then dropped by 18.63% to $7.4 million in 2024, then grew by 16.71% to $8.6 million in 2025, then slipped by 16.18% to $7.2 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $7.2 million, $8.6 million, and $6.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 30.70 Bn | 30.18 Bn | 1.08 Bn | 730.02 Mn |
| 2 | Williams Sonoma | 28.62 Bn | 27.60 Bn | 1.10 Bn | 627.08 Mn |
| 3 | Ulta Beauty | 22.58 Bn | 22.36 Bn | 1.27 Bn | 819.36 Mn |
| 4 | Tractor Supply | 18.35 Bn | 18.12 Bn | 1.68 Bn | 1.02 Bn |
| 5 | Best Buy | 18.03 Bn | 16.28 Bn | 2.10 Bn | 1.73 Bn |
| 6 | Dick'S Sporting Goods | 15.93 Bn | 14.93 Bn | 1.68 Bn | 1.22 Bn |
| 7 | Five Below | 13.08 Bn | 11.97 Bn | 478.64 Mn | 273.28 Mn |
| 8 | Murphy USA | 10.51 Bn | 10.33 Bn | 746.50 Mn | 6.50 Bn |
| 9 | Bath & Body Works | 4.08 Bn | 3.13 Bn | 1.24 Bn | 645.00 Mn |
| 10 | Nuvve Holding | 632,185.15 | -883,325.85 | 31,804.00 | 8.67 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.24 Mn |
| Dec 31, 2025 | 8.63 Mn |
| Sep 30, 2025 | 6.71 Mn |
| Jun 30, 2025 | 15.13 Mn |
| Mar 31, 2025 | 6.52 Mn |
| Dec 31, 2024 | 7.40 Mn |
| Sep 30, 2024 | 3.76 Mn |
| Jun 30, 2024 | 6.57 Mn |
| Mar 31, 2024 | 8.03 Mn |
| Dec 31, 2023 | 9.09 Mn |
| Sep 30, 2023 | 11.18 Mn |
| Jun 30, 2023 | 10.44 Mn |
| Mar 31, 2023 | 9.73 Mn |
| Dec 31, 2022 | 9.89 Mn |
| Sep 30, 2022 | 9.16 Mn |
| Jun 30, 2022 | 11.34 Mn |
| Mar 31, 2022 | 11.90 Mn |
| Dec 31, 2021 | 9.62 Mn |
| Sep 30, 2021 | 8.61 Mn |
| Jun 30, 2021 | 7.32 Mn |