What is SES AI's enterprise value?

SES AI (SES) reported enterprise value of $313.48M in Q1 2026.

How has SES AI's enterprise value changed year-over-year?

SES AI's enterprise value increased by 118.7% year-over-year, from $143.36M to $313.48M.

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

Over 4 years (2021 to 2025), SES AI's enterprise value has grown at a -28.6% compound annual growth rate (CAGR), from $2.45B to $636.53M.

What does enterprise value mean?

Market capitalization plus total debt minus cash, at the quarter end. The cost to acquire the whole business — what an buyer pays for equity and debt, net of the cash they'd inherit.

SES AI SES Enterprise value

Enterprise value at other companies

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$330M+261%

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%

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.

$352.7Mmarket cap+$7.7Mtotal debt−$46.9Mcash and equivalents=$313.48M

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 enterprise value?: SES AI (SES) reported enterprise value of $313.48M in Q1 2026.
How has SES AI's enterprise value changed year-over-year?: SES AI's enterprise value increased by 118.7% year-over-year, from $143.36M to $313.48M.
What is the long-term trend for SES AI's enterprise value?: Over 4 years (2021 to 2025), SES AI's enterprise value has grown at a -28.6% compound annual growth rate (CAGR), from $2.45B to $636.53M.
What does enterprise value mean?: Market capitalization plus total debt minus cash, at the quarter end. The cost to acquire the whole business — what an buyer pays for equity and debt, net of the cash they'd inherit.