Veea (VEEAW) Operating Expenses (2021 - 2026)
Veea's (VEEAW) quarterly Operating Expenses came in at $7.3 million in Q2 2026, up 45.96% year-over-year from $5.0 million in Q2 2025, and up 40.37% quarter-over-quarter from $5.2 million in Q1 2026.
Analysis
Veea (VEEAW) Operating Expenses (2021 - 2026) Analysis & Trends
Veea has disclosed Operating Expenses across 6 years of filings, most recently posting $7.3 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 45.96% year-over-year to $7.3 million; the TTM figure through Jun 2026 stood at $20.7 million (down 74.9% YoY), while the FY2025 annual figure was $19.0 million, down 77.43% from the prior year.
- Operating Expenses came in at $7.3 million for Q2 2026 at Veea, up from $5.2 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.
- Average Operating Expenses over 5 years is $7.4 million, with a median of $4.9 million recorded in 2023.
- Year-over-year, Operating Expenses surged 1082.75% in 2024 and slumped 91.74% in 2025.
- Over 5 years, Operating Expenses stood at $1.4 million in 2022, then jumped by 243.07% to $4.8 million in 2023, then soared by 198.0% to $14.2 million in 2024, then plunged by 75.48% to $3.5 million in 2025, then jumped by 109.28% to $7.3 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $7.3 million in Q2 2026, $5.2 million in Q1 2026, and $3.5 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 434.32 Bn | 418.40 Bn | 11.06 Bn | 6.80 Bn |
| 2 | Ciena | 48.46 Bn | 45.83 Bn | 759.27 Mn | 458.09 Mn |
| 3 | Ericsson Lm Telephone | 33.65 Bn | 28.49 Bn | 2.58 Bn | -1.95 Bn |
| 4 | Ubiquiti | 30.99 Bn | 30.38 Bn | 429.25 Mn | 89.26 Mn |
| 5 | Applied Optoelectronics | 9.02 Bn | 8.52 Bn | 53.21 Mn | 77.93 Mn |
| 6 | Amdocs | 6.65 Bn | 6.44 Bn | 467.16 Mn | 128.39 Mn |
| 7 | Extreme Networks | 2.87 Bn | 2.66 Bn | 210.49 Mn | 189.42 Mn |
| 8 | Digi International | 2.60 Bn | 2.57 Bn | 89.93 Mn | 67.03 Mn |
| 9 | Calix | 2.20 Bn | 2.01 Bn | 160.12 Mn | 138.28 Mn |
| 10 | Veea | 71,929.32 | -1.12 Mn | 137,383.00 | 7.28 Mn |
Historic Data
Download Data
Historic 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 |