Ses Ai (SES) Operating Expenses (2020 - 2026)
Ses Ai's quarterly Operating Expenses came in at $19.1 million in Q1 2026, down 31.43% year-on-year from $27.8 million in Q1 2025, and up 4.86% quarter-over-quarter from $18.2 million in Q4 2025.
Ses Ai has reported Operating Expenses for 7 years, with the latest figure at $19.1 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 31.43% year-over-year to $19.1 million; the trailing twelve-month figure through Mar 2026 stood at $85.2 million (down 27.26% YoY), and the FY2025 full-year result was $93.9 million, down 15.03% from the prior year.
- Operating Expenses for Q1 2026 stood at $19.1 million, up from $18.2 million in the prior quarter.
- The five-year high for Operating Expenses was $34.2 million in Q3 2024, with the low at $17.9 million in Q4 2023.
- Average Operating Expenses over 5 years is $22.4 million, with a median of $21.3 million recorded in 2024.
- Year-over-year, Operating Expenses soared 332.46% in 2022 and slumped 40.18% in 2025.
- Tracing SES's Operating Expenses over 5 years: stood at $19.6 million in 2022, then dropped by 8.53% to $17.9 million in 2023, then soared by 69.78% to $30.4 million in 2024, then plunged by 40.18% to $18.2 million in 2025, then advanced 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 77.46 Bn | 77.21 Bn | 2.35 Bn | 1.51 Bn |
| 2 | Autozone | 56.88 Bn | 56.59 Bn | 2.24 Bn | 330.65 Mn |
| 3 | Genuine Parts | 13.45 Bn | 12.97 Bn | 2.34 Bn | 2.05 Bn |
| 4 | Modine Manufacturing | 13.16 Bn | 13.07 Bn | 186.10 Mn | 93.00 Mn |
| 5 | Borgwarner | 13.07 Bn | 13.23 Bn | 677.00 Mn | 346.00 Mn |
| 6 | Aptiv | 11.89 Bn | 8.82 Bn | 920.00 Mn | 4.71 Bn |
| 7 | Magna International | 10.79 Bn | 9.60 Bn | 1.42 Bn | 557.00 Mn |
| 8 | Allison Transmission Holdings | 9.02 Bn | 8.71 Bn | 406.00 Mn | 211.00 Mn |
| 9 | Autoliv | 9.01 Bn | 8.66 Bn | 526.00 Mn | 281.00 Mn |
| 10 | Ses Ai | 384.43 Mn | 384.43 Mn | 1.22 Mn | 19.08 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 19.08 Mn |
| Dec 31, 2025 | 18.20 Mn |
| Sep 30, 2025 | 22.29 Mn |
| Jun 30, 2025 | 25.61 Mn |
| Mar 31, 2025 | 27.83 Mn |
| Dec 31, 2024 | 30.42 Mn |
| Sep 30, 2024 | 34.22 Mn |
| Jun 30, 2024 | 24.63 Mn |
| Mar 31, 2024 | 21.27 Mn |
| Dec 31, 2023 | 17.92 Mn |
| Sep 30, 2023 | 19.36 Mn |
| Jun 30, 2023 | 19.27 Mn |
| Mar 31, 2023 | 21.61 Mn |
| Dec 31, 2022 | 19.59 Mn |
| Sep 30, 2022 | 21.73 Mn |
| Jun 30, 2022 | 19.06 Mn |
| Mar 31, 2022 | 19.20 Mn |
| Dec 31, 2021 | 10.17 Mn |
| Sep 30, 2021 | 10.69 Mn |
| Jun 30, 2021 | 6.56 Mn |
| Mar 31, 2021 | 4.44 Mn |
| Dec 31, 2020 | 32,821.00 |
| Sep 30, 2020 | 20,233.00 |