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

Ses Ai (SES) has reported Operating Expenses for 7 consecutive years, with $19.1 million the latest figure, recorded in 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 came in at $19.1 million for Q1 2026 at Ses Ai, 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.
• Across the five-year window, Operating Expenses jumped 332.46% in 2022 and tumbled 40.18% in 2025, its largest moves.
• Year by year, Operating Expenses stood at $19.6 million in 2022, then fell by 8.53% to $17.9 million in 2023, then surged by 69.78% to $30.4 million in 2024, then slumped by 40.18% to $18.2 million in 2025, then grew by 4.86% to $19.1 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $19.1 million, $18.2 million, and $22.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.