Seres Therapeutics annual operating expenses
2013
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2015
2016
2017
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2021
2022
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2024
2025
Seres Therapeutics Operating Expenses Growth & History (MCRB)
Seres Therapeutics's operating expenses was $94.8M for fiscal 2025.
View full Seres Therapeutics company overviewSeres Therapeutics annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $94.8M | −$26.6M | −21.89% |
| 2024 | 2024-12-31 | $121.3M | −$73.8M | −37.82% |
| 2023 | 2023-12-31 | $195.1M | $15.2M | +8.44% |
| 2022 | 2022-12-31 | $179.9M | −$29.5M | −14.09% |
| 2021 | 2021-12-31 | $209.4M | $88.1M | +72.58% |
| 2020 | 2020-12-31 | $121.3M | $15.0M | +14.07% |
| 2019 | 2019-12-31 | $106.4M | −$22.2M | −17.25% |
| 2018 | 2018-12-31 | $128.6M | $5.1M | +4.09% |
| 2017 | 2017-12-31 | $123.5M | $8.9M | +7.76% |
| 2016 | 2016-12-31 | $114.6M | $59.7M | +108.92% |
| 2015 | 2015-12-31 | $54.9M | $39.8M | +263.72% |
| 2014 | 2014-12-31 | $15.1M | $9.0M | +149.21% |
| 2013 | 2013-12-31 | $6.1M | — | — |
Seres Therapeutics quarterly operating expenses
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Q2.25
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Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $22.0M | −$2.9M | −11.54% |
| Q1 2026 | 2026-03-31 | $21.3M | −$6.0M | −21.92% |
| Q4 2025 | 2025-12-31 | $19.8M | −$9.0M | −31.28% |
| Q3 2025 | 2025-09-30 | $22.8M | −$6.3M | −21.74% |
| Q2 2025 | 2025-06-30 | $24.9M | −$4.0M | −13.82% |
| Q1 2025 | 2025-03-31 | $27.2M | −$7.2M | −20.91% |
| Q4 2024 | 2024-12-31 | $28.8M | $25.3M | +720.14% |
| Q3 2024 | 2024-09-30 | $29.2M | −$15.4M | −34.58% |
| Q2 2024 | 2024-06-30 | $28.9M | −$48.1M | −62.48% |
| Q1 2024 | 2024-03-31 | $34.4M | −$35.6M | −50.84% |
| Q4 2023 | 2023-12-31 | $3.5M | — | — |
| Q3 2023 | 2023-09-30 | $44.6M | −$18.0M | −28.72% |
| Q2 2023 | 2023-06-30 | $76.9M | $12.4M | +19.22% |
| Q1 2023 | 2023-03-31 | $70.0M | $12.8M | +22.36% |
| Q3 2022 | 2022-09-30 | $62.6M | $4.2M | +7.26% |
| Q2 2022 | 2022-06-30 | $64.5M | $11.1M | +20.85% |
| Q1 2022 | 2022-03-31 | $57.2M | $16.2M | +39.47% |
| Q4 2021 | 2021-12-31 | $56.7M | $21.2M | +59.76% |
| Q3 2021 | 2021-09-30 | $58.3M | $26.9M | +85.66% |
| Q2 2021 | 2021-06-30 | $53.4M | $26.8M | +100.85% |
| Q1 2021 | 2021-03-31 | $41.0M | $13.2M | +47.21% |
| Q4 2020 | 2020-12-31 | $35.5M | $8.6M | +32.25% |
| Q3 2020 | 2020-09-30 | $31.4M | $7.2M | +29.73% |
| Q2 2020 | 2020-06-30 | $26.6M | $3.1M | +13.25% |
| Q1 2020 | 2020-03-31 | $27.9M | −$4.0M | −12.53% |
| Q4 2019 | 2019-12-31 | $26.8M | −$5.5M | −16.98% |
| Q3 2019 | 2019-09-30 | $24.2M | −$7.1M | −22.55% |
| Q2 2019 | 2019-06-30 | $23.5M | −$9.3M | −28.30% |
| Q1 2019 | 2019-03-31 | $31.9M | −$363,000 | −1.13% |
| Q4 2018 | 2018-12-31 | $32.3M | −$531,000 | −1.62% |
| Q3 2018 | 2018-09-30 | $31.3M | $937,000 | +3.09% |
| Q2 2018 | 2018-06-30 | $32.7M | $1.3M | +4.19% |
| Q1 2018 | 2018-03-31 | $32.2M | $3.3M | +11.53% |
| Q4 2017 | 2017-12-31 | $32.8M | $4.1M | +14.29% |
| Q3 2017 | 2017-09-30 | $30.3M | −$1.8M | −5.55% |
| Q2 2017 | 2017-06-30 | $31.4M | $286,000 | +0.92% |
| Q1 2017 | 2017-03-31 | $28.9M | $6.3M | +27.75% |
| Q4 2016 | 2016-12-31 | $28.7M | $8.9M | +45.16% |
| Q3 2016 | 2016-09-30 | $32.1M | $17.5M | +120.52% |
| Q2 2016 | 2016-06-30 | $31.1M | $18.8M | +152.38% |
| Q1 2016 | 2016-03-31 | $22.6M | $14.5M | +177.04% |
| Q4 2015 | 2015-12-31 | $19.8M | $12.6M | +174.34% |
| Q3 2015 | 2015-09-30 | $14.6M | $11.0M | +306.85% |
| Q2 2015 | 2015-06-30 | $12.3M | $9.7M | +371.35% |
| Q1 2015 | 2015-03-31 | $8.2M | $6.5M | +388.46% |
| Q4 2014 | 2014-12-31 | $7.2M | — | — |
| Q3 2014 | 2014-09-30 | $3.6M | — | — |
| Q2 2014 | 2014-06-30 | $2.6M | — | — |
| Q1 2014 | 2014-03-31 | $1.7M | — | — |
Seres Therapeutics operating expenses trends
Over the last five fiscal years, Seres Therapeutics's operating expenses decreased from $121.3M to $94.8M, a change of −$26.6M. The latest reported quarter, Q2 2026, shows $22.0M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Seres Therapeutics source filings ↗