What is SES AI's EBITDA?

SES AI (SES) reported EBITDA of -$15.19M in Q1 2026.

How has SES AI's EBITDA changed year-over-year?

SES AI's EBITDA increased by 26.8% year-over-year, from -$20.76M to -$15.19M.

What is the long-term trend for SES AI's EBITDA?

Over 4 years (2021 to 2025), SES AI's EBITDA has grown at a 24.4% compound annual growth rate (CAGR), from -$30.19M to -$72.32M.

What does EBITDA mean?

Earnings before interest, taxes, depreciation, and amortization — EBIT plus the D&A add-back from the cash-flow statement (EBITDA = EBIT + D&A). A proxy for cash earnings that strips out financing, tax, and non-cash charges.

SES AI SES EBITDA

EBITDA at other companies

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-$94.42M+10.3%

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-$21.61M-10.9%

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-$34.53M-1.2%

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-$32.87M-249%

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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

Calculated from SES AI’s reported figures.

−$17.9Mebit+

$2.7MDepreciation Depletion & Amortization

=-$15.19M

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 EBITDA?: SES AI (SES) reported EBITDA of -$15.19M in Q1 2026.
How has SES AI's EBITDA changed year-over-year?: SES AI's EBITDA increased by 26.8% year-over-year, from -$20.76M to -$15.19M.
What is the long-term trend for SES AI's EBITDA?: Over 4 years (2021 to 2025), SES AI's EBITDA has grown at a 24.4% compound annual growth rate (CAGR), from -$30.19M to -$72.32M.
What does EBITDA mean?: Earnings before interest, taxes, depreciation, and amortization — EBIT plus the D&A add-back from the cash-flow statement (EBITDA = EBIT + D&A). A proxy for cash earnings that strips out financing, tax, and non-cash charges.