Phoenix Motor Inc. (PEVM) Operating Expenses (2021 - 2025)
Phoenix Motor (PEVM) posted Operating Expenses of $2.63 million for Q3 2025, down 72.2% from $9.48 million a year earlier but up 1.0% from the prior quarter.
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Analysis
Phoenix Motor Inc. (PEVM) Operating Expenses (2021 - 2025) Analysis & Trends
For the trailing twelve months through Sep 30, 2025, Operating Expenses at Phoenix Motor was $15.24 million, down 53.1% year-over-year; for FY2024, it came in at $33.75 million, up 126.5% from FY2023.
- Annual Operating Expenses has increased for three consecutive years, with a three-year compound annual growth rate of 34.9% (FY2021 to FY2024).
- In prior years, Phoenix Motor's Operating Expenses was $14.9 million in FY2023 (+6.7%), $13.97 million in FY2022 (+1.6%) and $13.75 million in FY2021.
- Quarterly Operating Expenses has run from a low of $2.12 million in Q3 2021 to a high of $9.48 million in Q3 2024 over five years.
- On a year-over-year basis, Operating Expenses has declined in each of the last three quarters, with growth averaging 52.1% over the last eight quarters.
- The strongest year-over-year quarter for Operating Expenses in the past five years was Q3 2024, with growth of 274.4%; the weakest was Q3 2025, with a decline of 72.2%.
- According to Business Quant data, Operating Expenses for the three prior quarters was $2.6 million (Q2 2025), $3.3 million (Q1 2025) and $6.7 million (Q4 2024).
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Historic Data
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Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 2.63 Mn |
| Jun 30, 2025 | 2.60 Mn |
| Mar 31, 2025 | 3.30 Mn |
| Dec 31, 2024 | 6.70 Mn |
| Sep 30, 2024 | 9.48 Mn |
| Jun 30, 2024 | 8.93 Mn |
| Mar 31, 2024 | 8.65 Mn |
| Dec 31, 2023 | 5.43 Mn |
| Sep 30, 2023 | 2.53 Mn |
| Jun 30, 2023 | 3.10 Mn |
| Mar 31, 2023 | 3.87 Mn |
| Dec 31, 2022 | 4.81 Mn |
| Sep 30, 2022 | 3.85 Mn |
| Jun 30, 2022 | 2.29 Mn |
| Mar 31, 2022 | 3.02 Mn |
| Dec 31, 2021 | 7.53 Mn |
| Sep 30, 2021 | 2.12 Mn |
| Jun 30, 2021 | 2.14 Mn |
API Access
Phoenix Motor Inc. Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=PEVM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "PEVM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=PEVM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();