Vision Marine Technologies (VMAR) Operating Expenses (2023 - 2026)
Vision Marine Technologies (VMAR) posted quarterly Operating Expenses of $8.9 million for Q2 2026, up 73.2% year-over-year from $5.1 million in Q2 2025, and up 42.01% quarter-over-quarter from $6.3 million in Q1 2026.
Vision Marine Technologies (VMAR) Operating Expenses (2023 - 2026) Analysis & Trends
Vision Marine Technologies (VMAR) has reported Operating Expenses for 3 consecutive years, with $8.9 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Expenses rose 73.2% year-over-year to $8.9 million; the TTM figure through May 2026 stood at $37.9 million (up 390.61% YoY), while the FY2025 annual figure was $26.4 million, up 126.43% from the prior year.
- Operating Expenses climbed to $8.9 million in Q2 2026 per VMAR's latest filing, from $6.3 million in the prior quarter.
- Across five years, Operating Expenses topped out at $17.6 million in Q3 2025 and bottomed at $124099.0 in Q1 2023.
- Historically, Operating Expenses has averaged $6.8 million across 3 years, with a median of $5.7 million in 2025.
- On a YoY basis, Operating Expenses climbed as much as 142.49% in 2026 and fell as far as 73.2% in 2026.
- Vision Marine Technologies' Operating Expenses stood at $124099.0 in 2023, then surged by 14079.7% to $17.6 million in 2025, then slumped by 49.39% to $8.9 million in 2026.
- Business Quant data shows VMAR's Operating Expenses at $8.9 million in Q2 2026, $6.3 million in Q1 2026, and $17.6 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Brp | 4.88 Bn | 4.33 Bn | 409.69 Mn | 245.19 Mn |
| 2 | Thor Industries | 4.12 Bn | 3.74 Bn | 354.77 Mn | 230.93 Mn |
| 3 | Polaris | 3.70 Bn | 3.40 Bn | - | - |
| 4 | Harley-Davidson | 2.90 Bn | 1.00 Bn | 421.12 Mn | 1.15 Bn |
| 5 | Patrick Industries | 2.73 Bn | 2.70 Bn | 247.58 Mn | 170.54 Mn |
| 6 | Lci Industries | 2.56 Bn | 2.35 Bn | 301.14 Mn | 143.84 Mn |
| 7 | Brunswick | 1.56 Bn | 1.25 Bn | 437.80 Mn | 308.40 Mn |
| 8 | Winnebago Industries | 903.90 Mn | 846.80 Mn | 94.90 Mn | 71.90 Mn |
| 9 | Malibu Boats | 560.55 Mn | 510.39 Mn | 41.28 Mn | 40.11 Mn |
| 10 | Vision Marine Technologies | 137,604.90 | 137,604.90 | 3.19 Mn | 8.91 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 8.91 Mn |
| Feb 28, 2026 | 6.27 Mn |
| Aug 31, 2025 | 17.60 Mn |
| May 31, 2025 | 5.14 Mn |
| Feb 28, 2025 | 2.59 Mn |
| Feb 28, 2023 | 124,099.00 |