REE Automotive (REE) Operating Expenses (2020 - 2024)

REE Automotive (REE) reported Operating Expenses of $19.9 million for Q4 2024, down 45.71% year-over-year from $36.7 million in Q1 2024, and up 9.64% quarter-over-quarter from $18.2 million in Q3 2024.

REE Automotive (REE) Operating Expenses (2020 - 2024) Analysis & Trends

REE Automotive (REE) has 5 years of Operating Expenses data on file, last reported at $19.9 million in Q4 2024.

  • Operating Expenses for Q4 2024 came in at $19.9 million, down 45.71% year-over-year; the trailing twelve-month figure through Dec 2025 was $38.1 million (down 99.75% YoY), and the FY2025 annual result was $90.1 billion, up 19.18% from the prior year.
  • Operating Expenses rose to $19.9 million in Q4 2024 per REE's latest filing, from $18.2 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $31.1 billion in Q2 2021 and troughed at $10.7 million in Q4 2020.
  • A 5-year average of $5.6 billion and a median of $35.4 million in 2022 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2021 and 2024: Operating Expenses jumped 91738.24% in 2021, then slumped 99.93% in 2024.
  • 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 plunged by 45.71% to $19.9 million in 2024.
  • Business Quant data shows REE's Operating Expenses at $19.9 million in Q4 2024, $18.2 million in Q3 2024, and $15.0 billion in Q2 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 O Reilly Automotive 76.00 Bn 75.75 Bn 2.35 Bn 1.51 Bn
2 Autozone 51.46 Bn 51.20 Bn 2.52 Bn 341.91 Mn
3 Modine Manufacturing 15.07 Bn 14.98 Bn 186.10 Mn 93.00 Mn
4 Borgwarner 14.88 Bn 15.05 Bn 677.00 Mn 346.00 Mn
5 Genuine Parts 14.73 Bn 14.25 Bn 2.34 Bn 2.05 Bn
6 Aptiv 13.96 Bn 10.89 Bn 920.00 Mn 4.71 Bn
7 Aurora Innovation 11.93 Bn 10.71 Bn -5.00 Mn 239.00 Mn
8 Magna International 10.79 Bn 9.60 Bn 1.42 Bn 960.00 Mn
9 Allison Transmission Holdings 10.06 Bn 9.75 Bn 406.00 Mn 211.00 Mn
10 REE Automotive 11.57 Mn -4.65 Mn - -

Historic Data

Download Data
DateValue
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