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| Date | Value |
|---|---|
| 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 |