Vision Marine Technologies (VMAR) Operating Expenses (2022 - 2026)

Vision Marine Technologies (VMAR) reported Operating Expenses of $6.3 million for Q1 2026, up 142.49% year-over-year from $2.6 million in Q1 2025, and up 142.49% on a QoQ basis from $2.6 million in Q1 2025.

Vision Marine Technologies (VMAR) has 3 years of Operating Expenses data on file, last reported at $6.3 million in Q1 2026.

  • Quarterly Operating Expenses rose 142.49% year-over-year to $6.3 million in Q1 2026, while the trailing twelve-month figure through Feb 2026 was $8.9 million (up 242.49% YoY) and the FY2025 annual result came in at $26.4 million, up 126.43% from the prior year.
  • Operating Expenses grew to $6.3 million in Q1 2026 per VMAR's latest filing, from $2.6 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $6.3 million in Q1 2026 and bottomed at -$273652.0 in Q3 2022.
  • The 3-year median for Operating Expenses is $1.2 million (2022), against an average of $2.1 million.
  • Peak annual rise in Operating Expenses reached 142.49% in 2026, while the deepest fall reached 142.49% in 2026.
  • Tracing VMAR's Operating Expenses over 3 years: stood at -$100350.0 in 2022, then soared by 2677.22% to $2.6 million in 2025, then surged by 142.49% to $6.3 million in 2026.
  • Per Business Quant, the three latest VMAR Operating Expenses figures stand at $6.3 million (Q1 2026), $2.6 million (Q1 2025), and -$100350.0 (Q4 2022).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Brunswick 5.48 Bn 5.20 Bn 343.60 Mn 291.80 Mn
2 Thor Industries 4.17 Bn 3.93 Bn 251.25 Mn 212.02 Mn
3 Polaris 4.05 Bn 3.77 Bn - -
4 Brp 3.05 Bn 2.70 Bn 398.91 Mn 389.90 Mn
5 Patrick Industries 2.94 Bn 2.90 Bn 226.86 Mn 162.14 Mn
6 Harley-Davidson 2.66 Bn 2.68 Bn 266.45 Mn 1.15 Bn
7 Lci Industries 2.64 Bn 2.50 Bn 273.67 Mn 122.62 Mn
8 Winnebago Industries 837.26 Mn 789.86 Mn 85.60 Mn 73.80 Mn
9 Malibu Boats 526.29 Mn 480.05 Mn 41.28 Mn 31.76 Mn
10 Vision Marine Technologies 7,923.06 -4.05 Mn 4.40 Mn 6.27 Mn

Historic Data

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DateValue
Feb 28, 2026 6.27 Mn
Feb 28, 2025 2.59 Mn
Nov 30, 2022 -100,350.00
Aug 31, 2022 -273,652.00