What is SES AI's gross profit?

SES AI (SES) reported gross profit of $1.22M in Q1 2026.

How has SES AI's gross profit changed year-over-year?

SES AI's gross profit decreased by 73.3% year-over-year, from $4.56M to $1.22M.

What does gross profit mean?

Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

SES AI SES Gross Profit

Gross Profit at other companies

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$1.55M+495%

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$5.74M+343%

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$737.75K+127%

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$500.97M+221%

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$640M+45.1%

indie Semiconductor, Inc.INDI

$21.08M-6.5%

Other financials

Income statement

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Revenue$6.7M+15.8%

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

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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.

$6.7Mtotal revenue−$5.5Mtotal cost of revenue=$1.22M

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 gross profit?: SES AI (SES) reported gross profit of $1.22M in Q1 2026.
How has SES AI's gross profit changed year-over-year?: SES AI's gross profit decreased by 73.3% year-over-year, from $4.56M to $1.22M.
What does gross profit mean?: Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.