Seer (SEER) Operating Expenses (2020 - 2026)

Seer (SEER) recorded quarterly Operating Expenses of $18.2 million in Q1 2026, down 6.8% quarter-over-quarter from $19.6 million in Q4 2025, and down 19.98% on a YoY basis from $22.8 million in Q1 2025.

Seer (SEER) Operating Expenses (2020 - 2026) Analysis & Trends

Seer's Operating Expenses history runs 7 years deep, the most recent figure standing at $18.2 million for Q1 2026.

  • In Q1 2026, Operating Expenses fell 19.98% year-over-year to $18.2 million; the TTM figure through Mar 2026 stood at $81.9 million (down 20.79% YoY), while the FY2025 annual figure was $86.5 million, down 19.32% from the prior year.
  • Operating Expenses was $18.2 million for Q1 2026 at Seer, down from $19.6 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $30.2 million in Q2 2023 to a low of $18.2 million in Q1 2026.
  • Historically, Operating Expenses has averaged $25.2 million across 5 years, with a median of $25.5 million in 2024.
  • The sharpest annual moves came in 2022 and 2025: Operating Expenses soared 51.15% in 2022, then retreated 23.3% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $27.2 million in 2022, then declined by 11.05% to $24.2 million in 2023, then gained by 5.28% to $25.5 million in 2024, then declined by 23.3% to $19.6 million in 2025, then fell by 6.8% to $18.2 million in 2026.
  • The last three Operating Expenses figures came in at $18.2 million (Q1 2026), $19.6 million (Q4 2025), and $21.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Alterity Therapeutics 719,706.53 Bn 719,706.50 Bn - 4.33 Mn
2 Belite Bio 55,800.00 Bn 55,800.00 Bn - 32.68 Mn
3 Quantum Biopharma 18,182.30 Bn 18,182.29 Bn - 2.97 Mn
4 Legend Biotech 3,154.00 Bn 3,153.71 Bn 242.10 Mn -138.30 Mn
5 Akari Therapeutics 1,844.30 Bn 1,844.29 Bn - 15.76 Mn
6 Evaxion A 1,567.96 Bn 1,567.94 Bn - -3.82 Mn
7 Psyence Biomedical 251.43 Bn 251.42 Bn - 574,669.00
8 Vertex Pharmaceuticals 112.56 Bn 105.31 Bn 2.59 Bn 1.85 Bn
9 Abivax 94.37 Bn 94.37 Bn - -67.40 Mn
10 Seer 99.67 Mn 99.67 Mn 982,000.00 18.24 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 18.24 Mn
Dec 31, 2025 19.57 Mn
Sep 30, 2025 21.46 Mn
Jun 30, 2025 22.64 Mn
Mar 31, 2025 22.79 Mn
Dec 31, 2024 25.51 Mn
Sep 30, 2024 26.26 Mn
Jun 30, 2024 28.83 Mn
Mar 31, 2024 26.55 Mn
Dec 31, 2023 24.23 Mn
Sep 30, 2023 28.00 Mn
Jun 30, 2023 30.22 Mn
Mar 31, 2023 29.51 Mn
Dec 31, 2022 27.24 Mn
Sep 30, 2022 27.01 Mn
Jun 30, 2022 25.04 Mn
Mar 31, 2022 25.03 Mn
Dec 31, 2021 21.31 Mn
Sep 30, 2021 19.60 Mn
Jun 30, 2021 17.42 Mn