Veea (VEEA) Operating Expenses (2021 - 2026)
Veea (VEEA) reported Operating Expenses of $5.2 million for Q1 2026, down 10.08% on a YoY basis from $5.8 million in Q1 2025, and up 49.09% sequentially from $3.5 million in Q4 2025.
Veea (VEEA) Operating Expenses (2021 - 2026) Analysis & Trends
Veea (VEEA) has 6 years of Operating Expenses data on file, last reported at $5.2 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 10.08% year-over-year to $5.2 million; the trailing twelve-month figure through Mar 2026 stood at $18.4 million (down 78.17% YoY), and the FY2025 full-year result was $19.0 million, down 77.43% from the prior year.
- Operating Expenses grew to $5.2 million in Q1 2026, from $3.5 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $57.5 million in Q3 2024 to a low of $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.
- Across the five-year window, Operating Expenses jumped 1082.75% in 2024 and sank 91.74% in 2025, its largest moves.
- Tracing VEEA's Operating Expenses over 5 years: 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 tumbled by 75.48% to $3.5 million in 2025, then surged by 49.09% to $5.2 million in 2026.
- Business Quant data shows VEEA's Operating Expenses at $5.2 million in Q1 2026, $3.5 million in Q4 2025, and $4.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 204.01 Bn | 192.65 Bn | 9.91 Bn | 7.29 Bn |
| 2 | Accenture | 95.02 Bn | 84.84 Bn | 6.13 Bn | 15.54 Bn |
| 3 | Cgi | 61.72 Bn | 61.07 Bn | - | 29.83 Mn |
| 4 | GDS Holdings | 48.69 Bn | 46.54 Bn | 164.04 Mn | -27.00 Mn |
| 5 | Infosys | 47.05 Bn | 47.05 Bn | 1.60 Bn | 528.00 Mn |
| 6 | Cognizant Technology Solutions | 22.67 Bn | 21.16 Bn | 1.78 Bn | 791.00 Mn |
| 7 | Fidelity National Information Services | 22.28 Bn | 21.53 Bn | 1.11 Bn | 605.00 Mn |
| 8 | Wipro | 20.45 Bn | 16.27 Bn | 738.00 Mn | 2.23 Bn |
| 9 | Broadridge Financial Solutions | 17.90 Bn | 17.59 Bn | 626.90 Mn | 1.59 Bn |
| 10 | Veea | 8.40 Mn | 6.51 Mn | 157,750.00 | 5.19 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 822,896.00 |