REE Automotive (REEAF) Operating Expenses (2020 - 2024)
REE Automotive's (REEAF) quarterly Operating Expenses came in at $19.9 million in 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.
Analysis
REE Automotive (REEAF) Operating Expenses (2020 - 2024) Analysis & Trends
REE Automotive (REEAF) has reported Operating Expenses for 5 consecutive years, with $19.9 million the latest figure, recorded in Q4 2024.
- On a quarterly basis, Operating Expenses fell 45.71% year-over-year to $19.9 million in Q4 2024; TTM through Dec 2024 was $75.6 million, a 36.03% decrease from a year earlier, with the FY2025 full-year figure at $90.1 million, up 19.18% from the prior year.
- Operating Expenses was $19.9 million for Q4 2024 at REE Automotive, up from $18.2 million in the prior quarter.
- Over five years, Operating Expenses peaked at $431.9 million in Q3 2021 and troughed at $10.7 million in Q4 2020.
- A 5-year average of $47.4 million and a median of $27.8 million in 2022 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses surged 2201.74% in 2021 and plunged 92.11% in 2022, its largest moves.
- Over 5 years, Operating Expenses stood at $10.7 million in 2020, then surged by 262.86% to $38.8 million in 2021, then fell by 28.38% to $27.8 million in 2022, then soared by 32.01% to $36.7 million in 2023, then sank by 45.71% to $19.9 million in 2024.
- The last three Operating Expenses figures came in at $19.9 million (Q4 2024), $18.2 million (Q3 2024), and $15.0 million (Q2 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,182.93 Bn | 1,140.01 Bn | 4.75 Bn | 4.35 Bn |
| 2 | Toyota Motor | 263.16 Bn | 185.17 Bn | 12.27 Bn | 78.18 Bn |
| 3 | Honda Motor | 147.46 Bn | 109.00 Bn | 8.46 Bn | -34.70 Bn |
| 4 | Ford Motor | 81.47 Bn | 50.17 Bn | 6.08 Bn | 47.66 Bn |
| 5 | General Motors | 75.12 Bn | 52.04 Bn | 7.33 Bn | 46.57 Bn |
| 6 | Rivian Automotive | 21.83 Bn | 16.54 Bn | 179.00 Mn | 1.02 Bn |
| 7 | Li Auto | 11.97 Bn | -518.15 Mn | 417.98 Mn | -757.09 Mn |
| 8 | Xpeng | 10.02 Bn | 7.71 Bn | 601.83 Mn | -770.22 Mn |
| 9 | Nio | 9.11 Bn | 2.78 Bn | 870.51 Mn | -921.68 Mn |
| 10 | REE Automotive | 287,439.13 | -13.96 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 19.93 Mn |
| Sep 30, 2024 | 18.18 Mn |
| Jun 30, 2024 | 14.99 Mn |
| Mar 31, 2024 | 22.53 Mn |
| Dec 31, 2023 | 36.71 Mn |
| Sep 30, 2023 | 24.38 Mn |
| Jun 30, 2023 | 27.42 Mn |
| Mar 31, 2023 | 29.72 Mn |
| 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 Mn |
| Mar 31, 2021 | 12.60 Mn |
| Dec 31, 2020 | 10.70 Mn |
| Sep 30, 2020 | 18.77 Mn |
| Jun 30, 2020 | 33.90 Mn |