Ses Ai (SES) Research & Development (2021 - 2026)
Ses Ai (SES) 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% quarter-over-quarter from $11.8 million in Q4 2025.
Ses Ai (SES) Research & Development (2021 - 2026) Analysis & Trends
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 for Q1 2026 stood at $11.0 million, 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.
- The 5-year median for Research & Development is $11.0 million (2026), against an average of $12.3 million.
- The sharpest annual moves came in 2024 and 2026: Research & Development jumped 188.46% in 2024, then sank 46.22% in 2026.
- Ses Ai's Research & Development stood at $8.3 million in 2022, then dropped by 11.1% to $7.4 million in 2023, then surged by 183.44% to $20.9 million in 2024, then slumped by 43.38% to $11.8 million in 2025, then slipped by 6.7% to $11.0 million in 2026.
- Business Quant data shows SES's Research & Development at $11.0 million in Q1 2026, $11.8 million in Q4 2025, and $15.6 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 73.54 Bn | 73.28 Bn | 2.52 Bn | - |
| 2 | Autozone | 48.78 Bn | 48.52 Bn | 2.52 Bn | - |
| 3 | Magna International | 19.33 Bn | 17.90 Bn | 1.61 Bn | - |
| 4 | Genuine Parts | 18.26 Bn | 17.70 Bn | 2.47 Bn | - |
| 5 | Borgwarner | 13.15 Bn | 10.70 Bn | 721.00 Mn | - |
| 6 | Allison Transmission Holdings | 10.71 Bn | 10.31 Bn | 515.00 Mn | 56.00 Mn |
| 7 | Modine Manufacturing | 10.08 Bn | 10.00 Bn | - | - |
| 8 | Aptiv | 9.95 Bn | 9.19 Bn | 775.00 Mn | - |
| 9 | Autoliv | 9.00 Bn | 8.63 Bn | 509.00 Mn | 122.00 Mn |
| 10 | Ses Ai | 171.76 Mn | 171.76 Mn | 1.15 Mn | 11.36 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 11.36 Mn |
| 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 |