SES AI

SES AI Operating Expenses

The Total Operating Expenses of SES AI (SES) as of Nov 10, 2026 is 93.92 M USD. In the previous year, Total Operating Expenses was 110.54 M USD — a change of -15.03% (lower).

Operating Expenses

93.92 MUSD

YoY

-15.03%

Last updated:

Total Operating Expenses of SES AI is 2025 93.92 M USD. Total Operating Expenses of SES AI was 2024 110.54 M USD. It decreases by -15.03% lower compared to the previous year.

The SES AI Operating Expenses history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Operating Expenses
Date
Operating Expenses
Jan 1, 2018
7.71 M USD
Jan 1, 2019
15.29 M USD
Jan 1, 2020
13.90 M USD
Jan 1, 2021
32.01 M USD
Jan 1, 2022
79.57 M USD
Jan 1, 2023
78.16 M USD
Jan 1, 2024
110.54 M USD
Jan 1, 2025
93.92 M USD
The SES AI Operating Expenses history
YEAROperating ExpensesYoY
93.92 MUSD-15.03%
110.54 MUSD+41.43%
78.16 MUSD-1.78%
79.57 MUSD+148.62%
32.01 MUSD+130.21%
13.90 MUSD-9.07%
15.29 MUSD+98.37%
7.71 MUSD-25.33%
10.32 MUSD-10.58%
11.55 MUSD-0.13%
11.56 MUSD-5.09%
12.18 MUSD—

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SES AI Stock analysis

What does SES AI do? SES AI Corp develops high-performance Li-Metal rechargeable batteries for electric vehicles and other applications, combining high energy density with conventional Li-ion manufacturing. The company focuses on three development tracks: Hermes for material development, Apollo for large automotive cell engineering, and Avatar for AI-powered battery health monitoring. Hermes cells feature 25+ layers of cathode and anode, while the firm develops novel electrolytes, anode coatings, separators, and cathodes including high nickel for premium vehicles and nickel/cobalt free options. SES AI Corp targets automotive manufacturers and EV producers seeking advanced battery solutions. The company's primary revenue streams come from the commercialization of its Li-Metal battery technology, with Hermes cells and Apollo engineering capabilities driving product development. Avatar software provides AI-driven safety monitoring for battery systems, appealing to automotive clients requiring enhanced battery management. SES AI Corp's focus on systems approach and material innovation positions it to supply battery components to major EV manufacturers and automotive systems integrators. SES AI Corp's business model centers on developing and selling Li-Metal battery technology and related components, with Hermes, Apollo, and Avatar representing key product lines. The company's development of high nickel cathodes for premium vehicles and nickel/cobalt free cathodes targets different segments within the automotive industry. SES AI Corp's technology is designed to be integrated into EV production systems, with its AI safety software offering continuous monitoring capabilities for battery health. SES AI is one of the most popular companies on Eulerpool.

Frequently Asked Questions about SES AI stock

Total Operating Expenses of SES AI is 93.92 M USD in 2025.

Total Operating Expenses of SES AI changed from 110.54 M USD to 93.92 M USD, representing a -15.03% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Total Operating Expenses SES AI since 2006 – with annual values, charts, and detailed analysis.

Operating expenses are the costs incurred in the normal course of business operations, including COGS, SG&A, R&D, and depreciation.

Total Operating Expenses's USD is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track Total Operating Expenses's SES AI historically and in real time.

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