Ses S.A. (SGBAF) Operating Expenses (2024 - 2026)
Ses (SGBAF) posted Operating Expenses of -$535.0 million for Q1 2026, up 21.56% sequentially from -$682.1 million in Q4 2025, and down 113.71% YoY from $3.9 billion in Q1 2025.
Ses S.A. (SGBAF) Operating Expenses (2024 - 2026) Analysis & Trends
Ses has reported Operating Expenses for 3 years, with the latest figure at -$535.0 million in Q1 2026.
- Quarterly Operating Expenses fell 113.71% year-over-year to -$535.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$2.1 billion (down 59.59% YoY) and the FY2025 annual result came in at $15.1 million, up 18.01% from the prior year.
- Operating Expenses rose to -$535.0 million in Q1 2026 per SGBAF's latest filing, from -$682.1 million in the prior quarter.
- Over five years, Operating Expenses peaked at -$249.9 million in Q1 2024 and troughed at -$682.1 million in Q4 2025.
- A 3-year average of -$409.5 million and a median of -$295.4 million in 2025 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2025 and 2026: Operating Expenses retreated 0.19% in 2025, then tumbled 113.71% in 2026.
- Over 3 years, Operating Expenses stood at -$510.8 million in 2024, then slumped by 33.54% to -$682.1 million in 2025, then climbed by 21.56% to -$535.0 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered -$535.0 million, -$682.1 million, and -$599.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Powered by 
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -535.03 Mn |
| Dec 31, 2025 | -682.13 Mn |
| Sep 30, 2025 | -599.73 Mn |
| Jun 30, 2025 | -295.44 Mn |
| Mar 31, 2025 | -250.35 Mn |
| Dec 31, 2024 | -510.79 Mn |
| Sep 30, 2024 | -295.42 Mn |
| Jun 30, 2024 | -267.07 Mn |
| Mar 31, 2024 | -249.86 Mn |