Rail Vision (RVSN) Operating Expenses (2021 - 2025)

Rail Vision's Operating Expenses history runs 5 years deep, the most recent figure standing at -$6.5 million for Q4 2025.

• In Q4 2025, Operating Expenses fell 33.89% year-over-year to -$6.5 million; the TTM figure through Dec 2025 stood at -$11.4 million (up 8.06% YoY), while the FY2025 annual figure was -$6.9 million, down 30.02% from the prior year.
• Operating Expenses came in at -$6.5 million for Q4 2025 at Rail Vision, down from -$4.9 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of -$2.2 million in Q1 2022 to a low of -$6.5 million in Q4 2025.
• A 5-year average of -$3.3 million and a median of -$2.9 million in 2023 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses increased 24.94% in 2022 and plunged 80.98% in 2023, its largest moves.
• Rail Vision's Operating Expenses stood at -$2.6 million in 2021, then rose by 0.51% to -$2.6 million in 2022, then slumped by 80.98% to -$4.6 million in 2023, then fell by 5.33% to -$4.9 million in 2024, then sank by 33.89% to -$6.5 million in 2025.
• According to Business Quant data, Operating Expenses over the past three periods registered -$6.5 million, -$4.9 million, and -$4.6 million for Q4 2025, Q4 2024, and Q4 2023 respectively.

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