Twin Vee PowerCats (VEEE) Operating Expenses (2020 - 2026)
Twin Vee PowerCats (VEEE) recorded Operating Expenses of $2.84 million in Q2 2026, up 21.8% from $2.33 million a year earlier and up 21.7% from the prior quarter.
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Analysis
Twin Vee PowerCats (VEEE) Operating Expenses (2020 - 2026) Analysis & Trends
On a TTM basis, Twin Vee PowerCats' Operating Expenses came in at $10.66 million as of Jun 30, 2026, unchanged year-over-year; for FY2025, it came in at $10.04 million, down 27.3% from FY2024.
- Annual Operating Expenses has declined for three straight years, though with a five-year compound annual growth rate of 19.9% (FY2020 to FY2025).
- Across earlier years, Operating Expenses came in at $13.8 million in FY2024 (-9.5%), $15.25 million in FY2023 (-8.5%), $16.68 million in FY2022 (+110.9%) and $7.91 million in FY2021 (+95.1%).
- The Q2 2026 figure is the highest quarterly Operating Expenses since Q4 2024.
- On a year-over-year basis, Operating Expenses rose in two of the last eight quarters, with an average decline of 12.6%.
- Peak year-over-year performance for Operating Expenses in the last five years was growth of 173.5% in Q2 2022, against a decline of 52.1% in Q2 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $2.33 million (Q1 2026), $2.76 million (Q4 2025) and $2.73 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,148.52 Bn | 983.08 Bn | 4.75 Bn | 4.35 Bn |
| 2 | Toyota Motor | 242.17 Bn | -164.57 Bn | 20.95 Bn | 78.18 Bn |
| 3 | Ferrari | 145.86 Bn | 138.30 Bn | 1.18 Bn | 471.42 Mn |
| 4 | Honda Motor | 143.38 Bn | 10.76 Bn | 8.46 Bn | -34.70 Bn |
| 5 | General Motors | 67.56 Bn | -37.30 Bn | 7.33 Bn | 46.57 Bn |
| 6 | Ford Motor | 47.24 Bn | -95.23 Bn | 6.08 Bn | 47.66 Bn |
| 7 | Rivian Automotive | 20.35 Bn | -2.94 Bn | 179.00 Mn | 1.02 Bn |
| 8 | Magna International | 17.85 Bn | 15.41 Bn | 1.61 Bn | 273.20 Mn |
| 9 | Stellantis | 12.63 Bn | -153.36 Bn | 5.55 Bn | 4.85 Bn |
| 10 | Twin Vee PowerCats | 6.93 Mn | 3.21 Mn | -182,668.00 | 2.84 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.84 Mn |
| Mar 31, 2026 | 2.33 Mn |
| Dec 31, 2025 | 2.76 Mn |
| Sep 30, 2025 | 2.73 Mn |
| Jun 30, 2025 | 2.33 Mn |
| Mar 31, 2025 | 2.22 Mn |
| Dec 31, 2024 | 3.15 Mn |
| Sep 30, 2024 | 2.97 Mn |
| Jun 30, 2024 | 4.86 Mn |
| Mar 31, 2024 | 2.82 Mn |
| Dec 31, 2023 | 4.01 Mn |
| Sep 30, 2023 | 3.38 Mn |
| Jun 30, 2023 | 3.98 Mn |
| Mar 31, 2023 | 3.98 Mn |
| Dec 31, 2022 | 5.09 Mn |
| Sep 30, 2022 | 4.19 Mn |
| Jun 30, 2022 | 3.92 Mn |
| Mar 31, 2022 | 3.48 Mn |
| Dec 31, 2021 | 3.21 Mn |
| Sep 30, 2021 | 1.93 Mn |
API Access
Twin Vee PowerCats Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=VEEE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "VEEE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=VEEE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();