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% on a QoQ basis from $11.8 million in Q4 2025.

Ses Ai (SES) Research & Development (2021 - 2026) Analysis & Trends

Ses Ai (SES) 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 - - 1.22 Mn 11.03 Mn

Historic Data

Download Data
DateValue
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