Twin Vee PowerCats (VEEE) Operating Expenses (2020 - 2026)
Twin Vee PowerCats (VEEE) posted quarterly Operating Expenses of $2.3 million for Q1 2026, up 5.24% year-over-year from $2.2 million in Q1 2025, and down 15.52% quarter-over-quarter from $2.8 million in Q4 2025.
Twin Vee PowerCats (VEEE) Operating Expenses (2020 - 2026) Analysis & Trends
Twin Vee PowerCats' Operating Expenses history runs 7 years deep, the most recent figure standing at $2.3 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 5.24% year-over-year to $2.3 million; the TTM figure through Mar 2026 stood at $10.2 million (down 23.05% YoY), while the FY2025 annual figure was $10.0 million, down 27.26% from the prior year.
- Operating Expenses for Q1 2026 stood at $2.3 million, down from $2.8 million in the prior quarter.
- The five-year high for Operating Expenses was $5.1 million in Q4 2022, with the low at $2.2 million in Q1 2025.
- The 5-year median for Operating Expenses is $3.4 million (2023), against an average of $3.4 million.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses surged 173.48% in 2022, then sank 52.07% in 2025.
- Twin Vee PowerCats' Operating Expenses stood at $5.1 million in 2022, then decreased by 21.19% to $4.0 million in 2023, then fell by 21.36% to $3.2 million in 2024, then decreased by 12.42% to $2.8 million in 2025, then retreated by 15.52% to $2.3 million in 2026.
- Business Quant data shows VEEE's Operating Expenses at $2.3 million in Q1 2026, $2.8 million in Q4 2025, and $2.7 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Brp | 4.86 Bn | 4.31 Bn | 409.69 Mn | 245.19 Mn |
| 2 | Thor Industries | 4.11 Bn | 3.73 Bn | 354.77 Mn | 230.93 Mn |
| 3 | Polaris | 3.69 Bn | 3.39 Bn | - | - |
| 4 | Harley-Davidson | 2.89 Bn | 993.91 Mn | 421.12 Mn | 1.15 Bn |
| 5 | Patrick Industries | 2.71 Bn | 2.68 Bn | 247.58 Mn | 170.54 Mn |
| 6 | Lci Industries | 2.54 Bn | 2.32 Bn | 301.14 Mn | 143.84 Mn |
| 7 | Brunswick | 1.56 Bn | 1.24 Bn | 437.80 Mn | 308.40 Mn |
| 8 | Winnebago Industries | 912.11 Mn | 855.01 Mn | 94.90 Mn | 71.90 Mn |
| 9 | Malibu Boats | 552.94 Mn | 502.77 Mn | 41.28 Mn | 40.11 Mn |
| 10 | Twin Vee PowerCats | 5.48 Mn | 1.55 Mn | -182,668.00 | 2.84 Mn |
Historic Data
Download 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 |