Quick Answer
SES AI Corp reported R&D Expense of $67.05 million for fiscal year 2025.
SES AI Corp R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $67.05M | -7.1% |
| 2024 | $72.14M | +135.2% |
| 2023 | $30.68M | +9.7% |
| 2022 | $27.97M | +80.3% |
| 2021 | $15.51M | +64.3% |
| 2020 | $9.44M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $15.62M | -36.1% | -18.1% |
| June 30, 2025 | $19.09M | +26.8% | -6.9% |
| March 31, 2025 | $20.51M | +74.3% | -16.1% |
| September 30, 2024 | $24.44M | +188.5% | +62.3% |
| June 30, 2024 | $15.06M | +137.2% | +28.0% |
| March 31, 2024 | $11.77M | +38.6% | +38.9% |
| September 30, 2023 | $8.47M | +0.6% | +33.5% |
| June 30, 2023 | $6.35M | -11.7% | -25.2% |
- SES AI Corp showed a decrease of -7.1% in R&D Expense compared to the prior fiscal year.
- Over the 2020–2025 period, SES AI Corp’s r&d expense has grown by 610.0% (from $9.44 million to $67.05 million).
- The most recent figure is from SES AI Corp’s fiscal year 2025 report (Form 10-K), filed with the SEC on March 4, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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