Veea (VEEA) Operating Expenses (2021 - 2026)
Veea (VEEA) posted Operating Expenses of $5.2 million for Q1 2026, up 49.09% sequentially from $3.5 million in Q4 2025, and down 10.08% YoY from $5.8 million in Q1 2025.
Veea (VEEA) Operating Expenses (2021 - 2026) Analysis & Trends
Veea has reported Operating Expenses for 6 years, with the latest figure at $5.2 million in Q1 2026.
- Quarterly Operating Expenses fell 10.08% year-over-year to $5.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $18.4 million (down 78.17% YoY) and the FY2025 annual result came in at $19.0 million, down 77.43% from the prior year.
- Operating Expenses grew to $5.2 million in Q1 2026 per VEEA's latest filing, from $3.5 million in the prior quarter.
- Over five years, Operating Expenses peaked at $57.5 million in Q3 2024 and troughed at $509076.0 in Q1 2022.
- A 5-year average of $7.4 million and a median of $4.8 million in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses soared 1082.75% in 2024, then tumbled 91.74% in 2025.
- Over 5 years, Operating Expenses stood at $1.4 million in 2022, then soared by 243.07% to $4.8 million in 2023, then surged by 198.0% to $14.2 million in 2024, then slumped by 75.48% to $3.5 million in 2025, then surged by 49.09% to $5.2 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $5.2 million, $3.5 million, and $4.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 219.38 Bn | 208.02 Bn | 9.91 Bn | 7.29 Bn |
| 2 | Accenture | 111.06 Bn | 100.89 Bn | 6.13 Bn | 15.54 Bn |
| 3 | Infosys | 47.96 Bn | 47.96 Bn | 1.60 Bn | 528.00 Mn |
| 4 | Cgi | 32.80 Bn | 32.34 Bn | - | 12.44 Mn |
| 5 | Cognizant Technology Solutions | 28.32 Bn | 27.27 Bn | 1.83 Bn | 812.00 Mn |
| 6 | Fidelity National Information Services | 20.92 Bn | 20.17 Bn | 1.17 Bn | 684.00 Mn |
| 7 | Broadridge Financial Solutions | 20.67 Bn | 20.27 Bn | 853.00 Mn | 1.67 Bn |
| 8 | Wipro | 19.82 Bn | 18.75 Bn | 738.00 Mn | 2.23 Bn |
| 9 | Leidos Holdings | 17.78 Bn | 17.03 Bn | 817.00 Mn | 310.00 Mn |
| 10 | Veea | 6.50 Mn | 5.31 Mn | 137,383.00 | 7.28 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 7.28 Mn |
| Mar 31, 2026 | 5.19 Mn |
| Dec 31, 2025 | 3.48 Mn |
| Sep 30, 2025 | 4.75 Mn |
| Jun 30, 2025 | 4.99 Mn |
| Mar 31, 2025 | 5.77 Mn |
| Dec 31, 2024 | 14.19 Mn |
| Sep 30, 2024 | 57.53 Mn |
| Jun 30, 2024 | 6.85 Mn |
| Mar 31, 2024 | 6.10 Mn |
| Dec 31, 2023 | 4.76 Mn |
| Sep 30, 2023 | 5.63 Mn |
| Jun 30, 2023 | 578,954.00 |
| Mar 31, 2023 | 1.15 Mn |
| Dec 31, 2022 | 1.39 Mn |
| Sep 30, 2022 | 633,050.00 |
| Jun 30, 2022 | 1.54 Mn |
| Mar 31, 2022 | 509,076.00 |
| Dec 31, 2021 | 1.52 Mn |
| Sep 30, 2021 | 481,907.00 |