Skip to content
Screener

SES AI SES Q1 2026 earnings

Reported April 23, 2026 · After market close

Revenue$6.7MBeat by $3.1M
EPS-$0.03Miss by $0.02
Revenue estimate$3.7M
EPS estimate-$0.01

Next report

Nov 11, 2026 (in 2 months)
Revenue estimate$7.2M
EPS estimate-$0.04

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

as of 03/31/26
See full
Market cap$352.69M+85.7%
Enterprise value$313.48M+119%
P/S16.1×-9.8×

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%

FAQ

When did SES AI report Q1 2026 earnings?
SES AI (SES) reported Q1 2026 earnings on April 23, 2026 after market close.
What were SES AI's Q1 2026 revenue and EPS?
SES AI reported revenue of $6.7M and eps of $-0.03 for Q1 2026.
Did SES AI beat estimates in Q1 2026?
Revenue beat the consensus estimate of $3.7M by $3.1M. EPS missed the consensus estimate of $-0.01 by $0.02.
How did SES AI's Q1 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 15.8% from $5.8M a year earlier and eps grew 25.0% from $-0.04.
Where can I find SES AI's Q1 2026 SEC filings?
You can read the 8-K earnings release (0001819142-26-000019) and the 10-Q periodic report (0001819142-26-000026) directly on SEC EDGAR. The filing index links above go to sec.gov.