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CapEx at other companies

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$173.61K+44.4%

Other financials

Income statement

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Revenue$5.1M+43.8%
Gross profit$1.1M-55.9%
Operating income-$19.2M+16.6%
Net income-$17.9M+21.0%
EPS (diluted)-$0.05+28.6%

Balance sheet

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Cash & equivalents$64.1M+446%
Total debt$7.1M-23.2%
Total equity$187.1M-24.9%
Total assets$236.2M-18.7%

Cash flow

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Operating cash flow-$13.8M-27.8%
Free cash flow-$14.5M-24.6%

Valuation

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Market cap$196.38M-51.2%
Enterprise value$139.39M-65.1%
P/S8.4×-30.5×

Profitability

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Gross margin27.8%-47.7pp
Operating margin-312.8%-129pp
Net margin-289.6%-119pp
FCF margin-257.7%-99.7pp

Returns & leverage

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Return on equity-31.2%-2.7pp
Debt / equity0.0×
Current ratio6.5×-5.9×

Where this comes from

Reported directly by SES AI in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The source filing: SES AI’s 10-Q, filed August 11, 2026.

Filed
Aug 11, 2026, 4:15 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001819142-26-000045
(in thousands)Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Accrued expenses and other liabilities(1,775)(2,512)
Net cash used in operating activities(33,627)(33,654)
Cash Flows From Investing Activities
Purchases of property and equipment(986)(1,720)
Purchase of short-term investments(31,990)(162,267)
Proceeds from the maturities of short-term investments103,58180,800
Net cash provided by (used in) investing activities70,605(83,187)
Cash Flows From Financing Activities

Item 1. Financial Statements

FAQ

What is SES AI's capex?
SES AI (SES) reported capex of $656K in Q2 2026.
How has SES AI's capex changed year-over-year?
SES AI's capex decreased by 18.4% year-over-year, from $804K to $656K.
What is the long-term trend for SES AI's capex?
Over 4 years (2021 to 2025), SES AI's capex has grown at a -24.8% compound annual growth rate (CAGR), from $8.95M to $2.86M.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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