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
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