What is SES AI's change in lease liabilities?

SES AI (SES) reported change in lease liabilities of -$1.08M in Q1 2026.

How has SES AI's change in lease liabilities changed year-over-year?

SES AI's change in lease liabilities decreased by 3.5% year-over-year, from -$1.04M to -$1.08M.

What is the long-term trend for SES AI's change in lease liabilities?

Over 2 years (2023 to 2025), SES AI's change in lease liabilities has grown at a 25.2% compound annual growth rate (CAGR), from $1.8M to -$2.83M.

What does change in lease liabilities mean?

Cash payments for operating leases reducing the lease liability, partially offset by new lease commencements.

SES AI SES Change in Lease Liabilities

Change in Lease Liabilities at other companies

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-$227K-15.8%

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-$20.59M-2,329%

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-$255K+25.0%

American Battery Technology CompanyABAT

-$29.83K—

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-$1.31M-8.8%

Other financials

Income statement

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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

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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

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Operating cash flow-$19.8M+13.3%

CapEx$330.0K-64.0%

Free cash flow-$20.1M+15.2%

Valuation

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Market cap$325.08M+5.5%

Enterprise value$285.86M+9.3%

P/S14.8×-27.2×

Profitability

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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×

Where this comes from

Reported directly by SES AI in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInOperatingLeaseLiability.

The official record: SES AI’s 10-Q, filed April 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is SES AI's change in lease liabilities?: SES AI (SES) reported change in lease liabilities of -$1.08M in Q1 2026.
How has SES AI's change in lease liabilities changed year-over-year?: SES AI's change in lease liabilities decreased by 3.5% year-over-year, from -$1.04M to -$1.08M.
What is the long-term trend for SES AI's change in lease liabilities?: Over 2 years (2023 to 2025), SES AI's change in lease liabilities has grown at a 25.2% compound annual growth rate (CAGR), from $1.8M to -$2.83M.
What does change in lease liabilities mean?: Cash payments for operating leases reducing the lease liability, partially offset by new lease commencements.