Ses (SGBAF) Operating Expenses (2024 - 2026)

Ses has disclosed Operating Expenses across 3 years of filings, most recently posting -$535.0 million for Q1 2026.

• Operating Expenses for Q1 2026 came in at -$535.0 million, down 113.71% year-over-year; the trailing twelve-month figure through Mar 2026 was -$2.1 billion (down 6.3% YoY), and the FY2025 annual result was $15.1 million, up 254.03% from the prior year.
• Operating Expenses came in at -$535.0 million for Q1 2026 at Ses, up from -$682.1 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of -$249.9 million in Q1 2024 to a low of -$1.2 billion in Q4 2024.
• The 3-year median for Operating Expenses is -$295.4 million (2025), against an average of -$483.3 million.
• Across the five-year window, Operating Expenses jumped 41.92% in 2025 and tumbled 113.71% in 2026, its largest moves.
• Ses' Operating Expenses stood at -$1.2 billion in 2024, then surged by 41.92% to -$682.1 million in 2025, then gained by 21.56% to -$535.0 million in 2026.
• The last three Operating Expenses figures came in at -$535.0 million (Q1 2026), -$682.1 million (Q4 2025), and -$599.7 million (Q3 2025), per Business Quant data.