Ses Ai (SES-WT) Research & Development (2021 - 2026)

Ses Ai's Research & Development history runs 6 years deep, the most recent figure standing at $11.0 million for 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 was $11.0 million for Q1 2026 at Ses Ai, down from $11.8 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of $24.4 million in Q3 2024 to a low of $4.1 million in Q1 2022.
• Historically, Research & Development has averaged $12.3 million across 5 years, with a median of $11.0 million in 2026.
• The sharpest annual moves came in 2024 and 2026: Research & Development surged 188.46% in 2024, then slumped 46.22% in 2026.
• A 5-year view of Research & Development shows it stood at $8.3 million in 2022, then declined by 11.1% to $7.4 million in 2023, then soared by 183.44% to $20.9 million in 2024, then tumbled by 43.38% to $11.8 million in 2025, then dropped by 6.7% to $11.0 million in 2026.
• The last three Research & Development figures came in at $11.0 million (Q1 2026), $11.8 million (Q4 2025), and $15.6 million (Q3 2025), per Business Quant data.