Ses Ai (SES-WT) Research & Development (2021 - 2026)
Ses Ai (SES-WT) posted quarterly Research & Development of $11.0 million for Q1 2026, down 46.22% year-over-year from $20.5 million in Q1 2025, and down 6.7% on a QoQ basis from $11.8 million in Q4 2025.
Ses Ai (SES-WT) Research & Development (2021 - 2026) Analysis & Trends
Ses Ai (SES-WT) has reported Research & Development for 6 consecutive years, with $11.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Research & Development fell 46.22% year-over-year to $11.0 million; the TTM figure through Mar 2026 stood at $57.6 million (down 28.83% YoY), while the FY2025 annual figure was $67.0 million, down 7.06% from the prior year.
- Research & Development came in at $11.0 million for Q1 2026 at Ses Ai, down from $11.8 million in the prior quarter.
- The five-year high for Research & Development was $24.4 million in Q3 2024, with the low at $4.1 million in Q1 2022.
- Average Research & Development over 5 years is $12.3 million, with a median of $11.0 million recorded in 2026.
- Across the five-year window, Research & Development surged 188.46% in 2024 and tumbled 46.22% in 2026, its largest moves.
- Year by year, Research & Development stood at $8.3 million in 2022, then decreased by 11.1% to $7.4 million in 2023, then soared by 183.44% to $20.9 million in 2024, then plunged by 43.38% to $11.8 million in 2025, then retreated by 6.7% to $11.0 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $11.0 million, $11.8 million, and $15.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Advance Auto Parts | 65.13 Bn | 62.01 Bn | 869.00 Mn | - |
| 2 | Autozone | 53.07 Bn | 52.82 Bn | 2.52 Bn | - |
| 3 | Magna International | 17.54 Bn | 16.29 Bn | 1.42 Bn | - |
| 4 | Genuine Parts | 16.15 Bn | 15.67 Bn | 2.34 Bn | - |
| 5 | Aurora Innovation | 13.77 Bn | 12.55 Bn | -5.00 Mn | 195.00 Mn |
| 6 | Borgwarner | 13.21 Bn | 13.37 Bn | 677.00 Mn | - |
| 7 | Aptiv | 12.84 Bn | 9.76 Bn | 920.00 Mn | - |
| 8 | Autoliv | 8.73 Bn | 8.37 Bn | 526.00 Mn | 120.00 Mn |
| 9 | Modine Manufacturing | 8.68 Bn | 8.59 Bn | 186.10 Mn | - |
| 10 | Ses Ai | 6.66 Mn | 6.66 Mn | 1.22 Mn | 11.03 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.03 Mn |
| Dec 31, 2025 | 11.82 Mn |
| Sep 30, 2025 | 15.63 Mn |
| Jun 30, 2025 | 19.09 Mn |
| Mar 31, 2025 | 20.51 Mn |
| Dec 31, 2024 | 20.88 Mn |
| Sep 30, 2024 | 24.44 Mn |
| Jun 30, 2024 | 15.06 Mn |
| Mar 31, 2024 | 11.77 Mn |
| Dec 31, 2023 | 7.37 Mn |
| Sep 30, 2023 | 8.47 Mn |
| Jun 30, 2023 | 6.35 Mn |
| Mar 31, 2023 | 8.49 Mn |
| Dec 31, 2022 | 8.29 Mn |
| Sep 30, 2022 | 8.42 Mn |
| Jun 30, 2022 | 7.19 Mn |
| Mar 31, 2022 | 4.07 Mn |
| Dec 31, 2021 | 5.18 Mn |
| Sep 30, 2021 | 3.68 Mn |
| Jun 30, 2021 | 3.51 Mn |