The external morphology and morphological variations of Sepiella inermis vary across regions, necessitating investigation. However, the histological information on the subcutaneous gland has been insufficient to describe it. In this study, specimens were systematically collected and characterized from the Gulf of Thailand. Regarding external morphology, female cuttlebones exhibit greater width and more pronounced curves compared to males, while males feature 17–19 white dots along the fin margins. The presence of the subcutaneous gland was discerned during the embryonic stage at stage 19. A histological study of the subcutaneous gland illustrated the structure and development of the gland in both embryonic and adult stages, with four layers of membranes covering the gland. In the adult stage, trabeculae are dispersed throughout the gland, whereas in the embryonic stage, they form four distinct lines. The morphometric analysis revealed significant differences between males and females (p < 0.05) and morphological variations among the seven locality groups within the sexes were observed (p < 0.05) in Chonburi Province. According to the discriminant analysis results, there were significant differences (p < 0.05) between the groups in Surat Thani Province. Examining the length–weight relationship between dorsal mantle length and body weight showed significant differences between the sexes, indicating an allometric growth.