Ses Ai (SES-WT) Operating Expenses (2020 - 2026)

Ses Ai's Operating Expenses history runs 7 years deep, the most recent figure standing at $19.1 million for Q1 2026.

• In Q1 2026, Operating Expenses fell 31.43% year-over-year to $19.1 million; the TTM figure through Mar 2026 stood at $85.2 million (down 27.26% YoY), while the FY2025 annual figure was $93.9 million, down 15.03% from the prior year.
• Operating Expenses was $19.1 million for Q1 2026 at Ses Ai, up from $18.2 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $34.2 million in Q3 2024 to a low of $17.9 million in Q4 2023.
• Historically, Operating Expenses has averaged $22.4 million across 5 years, with a median of $21.3 million in 2024.
• The sharpest annual moves came in 2022 and 2025: Operating Expenses jumped 332.46% in 2022, then slumped 40.18% in 2025.
• A 5-year view of Operating Expenses shows it stood at $19.6 million in 2022, then slipped by 8.53% to $17.9 million in 2023, then surged by 69.78% to $30.4 million in 2024, then sank by 40.18% to $18.2 million in 2025, then gained by 4.86% to $19.1 million in 2026.
• The last three Operating Expenses figures came in at $19.1 million (Q1 2026), $18.2 million (Q4 2025), and $22.3 million (Q3 2025), per Business Quant data.