REE Automotive (REE) Operating Expenses (2020 - 2024)
REE Automotive (REE) posted quarterly Operating Expenses of $19.9 million for Q4 2024, down 45.71% YoY from $36.7 million in Q1 2024, and up 9.64% sequentially from $18.2 million in Q3 2024.
REE Automotive (REE) Operating Expenses (2020 - 2024) Analysis & Trends
REE Automotive has disclosed Operating Expenses across 5 years of filings, most recently posting $19.9 million for Q4 2024.
- In Q4 2024, Operating Expenses fell 45.71% year-over-year to $19.9 million; the TTM figure through Dec 2025 stood at $38.1 million (down 99.75% YoY), while the FY2025 annual figure was $90.1 billion, up 19.18% from the prior year.
- Operating Expenses advanced to $19.9 million in Q4 2024, from $18.2 million in the prior quarter.
- Over the last five years, Operating Expenses for REE reached as high as $31.1 billion in Q2 2021 and fell as low as $10.7 million in Q4 2020.
- The 5-year median for Operating Expenses is $35.4 million (2022), against an average of $5.6 billion.
- Annual changes were most pronounced in 2021 — Operating Expenses jumped 91738.24% — and 2024, when it plunged 99.93%.
- A 5-year view of Operating Expenses shows it stood at $10.7 million in 2020, then soared by 262.86% to $38.8 million in 2021, then retreated by 28.38% to $27.8 million in 2022, then jumped by 32.01% to $36.7 million in 2023, then slumped by 45.71% to $19.9 million in 2024.
- According to Business Quant data, Operating Expenses over the past three periods registered $19.9 million, $18.2 million, and $15.0 billion for Q4 2024, Q3 2024, and Q2 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Advance Auto Parts | 65.13 Bn | 62.01 Bn | 869.00 Mn | 825.00 Mn |
| 2 | Autozone | 53.07 Bn | 52.82 Bn | 2.52 Bn | 341.91 Mn |
| 3 | Magna International | 17.54 Bn | 16.29 Bn | 1.42 Bn | 960.00 Mn |
| 4 | Genuine Parts | 16.15 Bn | 15.67 Bn | 2.34 Bn | 2.05 Bn |
| 5 | Aurora Innovation | 13.77 Bn | 12.55 Bn | -5.00 Mn | 239.00 Mn |
| 6 | Borgwarner | 13.21 Bn | 13.37 Bn | 677.00 Mn | 346.00 Mn |
| 7 | Aptiv | 12.84 Bn | 9.76 Bn | 920.00 Mn | 4.71 Bn |
| 8 | Autoliv | 8.73 Bn | 8.37 Bn | 526.00 Mn | 281.00 Mn |
| 9 | Modine Manufacturing | 8.68 Bn | 8.59 Bn | 186.10 Mn | 93.00 Mn |
| 10 | REE Automotive | 6.75 Mn | -7.50 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 19.93 Mn |
| Sep 30, 2024 | 18.18 Mn |
| Jun 30, 2024 | 14.99 Bn |
| Dec 31, 2023 | 36.71 Mn |
| Sep 30, 2023 | 24.38 Bn |
| Dec 31, 2022 | 27.81 Mn |
| Sep 30, 2022 | 34.07 Mn |
| Jun 30, 2022 | 29.41 Mn |
| Mar 31, 2022 | 37.69 Mn |
| Dec 31, 2021 | 38.83 Mn |
| Sep 30, 2021 | 431.95 Mn |
| Jun 30, 2021 | 31.14 Bn |
| Mar 31, 2021 | 12.60 Mn |
| Dec 31, 2020 | 10.70 Mn |
| Sep 30, 2020 | 18.77 Bn |
| Jun 30, 2020 | 33.90 Mn |