What is SES AI's market cap?

SES AI (SES) has a market capitalization of $205.1M and trades on NYSE.

What is SES AI's revenue and profitability?

SES AI generated $21.9M in trailing twelve-month revenue with a net loss of $72.7M, representing a net margin of -331.7%. Gross margin stands at 36.3%, with free cash flow of -$57.6M. These figures are based on the Q1 2026 filing.

Who are SES AI's competitors?

SES AI's key competitors include QuantumScape Corporation, Solid Power, Inc., Enovix Corporation Common Stock, and others. These companies compete in similar markets and product categories.

Where is SES AI headquartered?

SES AI is headquartered in United States of America and employs approximately 300 people. It has been publicly traded since 2022.

SES AI

SES

SES AI Corporation is a developer and manufacturer of high-performance, AI-enhanced Lithium-Metal and Lithium-ion rechargeable battery technologies.

Market cap

$205.1M-53.4%

Revenue$21.9M+199%

Net income-$72.7M+25.1%

Free cash flow-$57.6M+33.3%

EPS (diluted)-$0.22+26.7%

Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q1 2026 report

April 23, 2026

Revenue$6.7MBeat by $3.1M EPS-$0.03Miss by $0.02

Read the full report

Next report

Aug 11, 2026 (In 1 week)

Revenue estimate$5.4M

EPS estimate-$0.05

Financials

Q1 2026

Income statement

See full

Revenue$6.7M+15.8%

Gross profit$1.2M-73.3%

Operating income-$17.9M+23.2%

Net income-$12.1M+2.7%

EPS (diluted)-$0.040.0%

Balance sheet

See full

Cash & equivalents$46.9M-16.3%

Total debt$7.7M-18.9%

Total equity$203.2M-24.7%

Total assets$253.5M-17.1%

Cash flow

See full

Operating cash flow-$19.8M+13.3%

CapEx$330.0K-64.0%

Free cash flow-$20.1M+15.2%

Valuation & ratios

Valuation

See full

Market cap$205.1M-53.4%

Enterprise value$165.88M-66.6%

P/S9.4×-38.9×

Profitability

See full

Gross margin36.3%-39.1pp

Operating margin-352.3%-153pp

Net margin-331.7%-142pp

FCF margin-262.8%-115pp

Returns & leverage

See full

Return on equity-30.7%-0.7pp

Debt / equity0×0.0×

Current ratio6.9×-8.8×

Segments

By product

See full

Service$266.0K-95.4%

Competitors

By market cap

Albemarle$13.7B+55.7%

QuantumScape Corporation $3.2B-48.7%

Enovix Corporation$922.8M-68.3%

SLD

Solid Power$481.5M-33.7%

Microvast Holdings, Inc.$267.4M-75.3%

SES AI$205.1M-58.9%

Ultralife$90.1M-37.4%

CBAK Energy Technology, Inc.$45.4M-49.8%

By revenue growth

SES AI+199%

CBAK Energy Technology, Inc.+50.5%

Enovix Corporation+49.9%

Microvast Holdings, Inc.-10.4%

By net margin

Ultralife-2.61%-4.5pp

Albemarle-4.24%+19.6pp

CBAK Energy Technology, Inc.-7.43%-17.1pp

Microvast Holdings, Inc.-28.81%+47.8pp

SES AI-331.72%+994pp

SLD

Solid Power-485.47%-37.7pp

Enovix Corporation-499.64%+371pp

Profile

SES AI Corporation is a developer and manufacturer of high-performance, AI-enhanced Lithium-Metal and Lithium-ion rechargeable battery technologies. The company leverages a proprietary AI platform to accelerate material discovery and battery management for applications in energy storage, electric vehicles, and urban air mobility.

Competitive position

SES AI is a pioneer in the Lithium-Metal battery space, distinguishing itself through the integration of superintelligent AI for end-to-end battery lifecycle management.

GeographiesGlobal

Customer segmentsAutomotive Manufacturers, Aerospace and Defense, Utility-scale Energy Storage

Business modelManufacturing, Software-as-a-Service, R&D Licensing

SuppliersRaw material suppliers, Chemical manufacturers, AI compute infrastructure providers

CustomersElectric vehicle manufacturers, Grid storage operators, Consumer electronics companies

CountryUnited States of America

Listed2022

Employees300.0

CEOQichao Hu

SectorConsumer Cyclical

IndustryAuto - Parts

Websiteses.ai

FilingsSEC EDGAR

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Questions, answered.

What is SES AI's market cap?: SES AI (SES) has a market capitalization of $205.1M and trades on NYSE.
What is SES AI's revenue and profitability?: SES AI generated $21.9M in trailing twelve-month revenue with a net loss of $72.7M, representing a net margin of -331.7%. Gross margin stands at 36.3%, with free cash flow of -$57.6M. These figures are based on the Q1 2026 filing.
Who are SES AI's competitors?: SES AI's key competitors include QuantumScape Corporation, Solid Power, Inc., Enovix Corporation Common Stock, and others. These companies compete in similar markets and product categories.
Where is SES AI headquartered?: SES AI is headquartered in United States of America and employs approximately 300 people. It has been publicly traded since 2022.