Twin Vee PowerCats annual operating expenses
2020
2021
2022
2023
2024
2025
Twin Vee PowerCats Operating Expenses Growth & History (VEEE)
Twin Vee PowerCats's operating expenses was $10.0M for fiscal 2025.
View full Twin Vee PowerCats company overviewTwin Vee PowerCats annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $10.0M | −$3.8M | −27.26% |
| 2024 | 2024-12-31 | $13.8M | −$1.5M | −9.53% |
| 2023 | 2023-12-31 | $15.3M | −$1.4M | −8.54% |
| 2022 | 2022-12-31 | $16.7M | $8.8M | +110.95% |
| 2021 | 2021-12-31 | $7.9M | $3.9M | +95.06% |
| 2020 | 2020-12-31 | $4.1M | — | — |
Twin Vee PowerCats quarterly operating expenses
Q2.20
Q3.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $2.8M | $509,010 | +21.85% |
| Q1 2026 | 2026-03-31 | $2.3M | $116,063 | +5.24% |
| Q4 2025 | 2025-12-31 | $2.8M | −$391,377 | −12.42% |
| Q3 2025 | 2025-09-30 | $2.7M | −$234,694 | −7.91% |
| Q2 2025 | 2025-06-30 | $2.3M | −$2.5M | −52.07% |
| Q1 2025 | 2025-03-31 | $2.2M | −$604,312 | −21.43% |
| Q4 2024 | 2024-12-31 | $3.2M | −$757,982 | −19.38% |
| Q3 2024 | 2024-09-30 | $3.0M | −$418,774 | −12.37% |
| Q2 2024 | 2024-06-30 | $4.9M | $881,474 | +22.15% |
| Q1 2024 | 2024-03-31 | $2.8M | −$1.2M | −29.12% |
| Q4 2023 | 2023-12-31 | $3.9M | −$1.2M | −23.11% |
| Q3 2023 | 2023-09-30 | $3.4M | −$806,100 | −19.23% |
| Q2 2023 | 2023-06-30 | $4.0M | $60,751 | +1.55% |
| Q1 2023 | 2023-03-31 | $4.0M | $496,574 | +14.26% |
| Q4 2022 | 2022-12-31 | $5.1M | $1.9M | +58.55% |
| Q3 2022 | 2022-09-30 | $4.2M | $2.3M | +116.86% |
| Q2 2022 | 2022-06-30 | $3.9M | $2.5M | +173.48% |
| Q1 2022 | 2022-03-31 | $3.5M | $2.1M | +161.23% |
| Q4 2021 | 2021-12-31 | $3.2M | — | — |
| Q3 2021 | 2021-09-30 | $1.9M | $985,122 | +103.97% |
| Q2 2021 | 2021-06-30 | $1.4M | $736,805 | +105.82% |
| Q1 2021 | 2021-03-31 | $1.3M | — | — |
| Q3 2020 | 2020-09-30 | $947,488 | — | — |
| Q2 2020 | 2020-06-30 | $696,272 | — | — |
Twin Vee PowerCats operating expenses trends
Over the last five fiscal years, Twin Vee PowerCats's operating expenses increased from $4.1M to $10.0M, a change of $6.0M. The latest reported quarter, Q2 2026, shows $2.8M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Twin Vee PowerCats source filings ↗