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SES AI SES Non-current Unearned Government Incentives

Non-current Unearned Government Incentives at other companies

SES AI logo
SES AISES
$8.61M-0.6%
Ondas, Inc.
 logo
Ondas, Inc. ONDS
$1.59M-29.2%
Sunrun logo
SunrunRUN
$8.66M+3.2%
Ondas, Inc.
 logo
Ondas, Inc. ONDS
$1.87M+191%
Metallus logo
MetallusMTUS
$91.5M+37.8%
Capricor Therapeutics logo
Capricor TherapeuticsCAPR
$6.34M

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

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Return on equity-30.7%-0.7pp
Debt / equity0.0×
Current ratio6.9×-8.8×

Where this comes from

Reported directly by SES AI in its filing.

Tagged under the XBRL concept us-gaap:GovernmentAssistanceLiabilityNoncurrent.

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 non-current unearned government incentives?
SES AI (SES) reported non-current unearned government incentives of $8.61M in Q1 2026.
How has SES AI's non-current unearned government incentives changed year-over-year?
SES AI's non-current unearned government incentives decreased by 0.6% year-over-year, from $8.67M to $8.61M.
What is the long-term trend for SES AI's non-current unearned government incentives?
Over 2 years (2023 to 2025), SES AI's non-current unearned government incentives has grown at a -1.2% compound annual growth rate (CAGR), from $9.27M to $9.04M.
What does non-current unearned government incentives mean?
This reflects government grants or subsidies received in advance that are deferred and recognized as revenue over a period exceeding one year. It represents a non-cash liability that will be amortized as the company fulfills specific performance or investment criteria associated with the incentives. This metric is useful for assessing the company's reliance on external funding and the long-term support provided by government programs.