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SES AI SES PP&E (Net)

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Segments

By geography

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US$14.12M

Other financials

Income statement

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Revenue$5.1M+43.8%
Gross profit$1.1M-55.9%
Operating income-$19.2M+16.6%
Net income-$17.9M+21.0%
EPS (diluted)-$0.05+28.6%

Balance sheet

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Cash & equivalents$64.1M+446%
Total debt$7.1M-23.2%
Total equity$187.1M-24.9%
Total assets$236.2M-18.7%

Cash flow

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Operating cash flow-$13.8M-27.8%
CapEx$656.0K-18.4%
Free cash flow-$14.5M-24.6%

Valuation

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Market cap$196.38M-51.2%
Enterprise value$139.39M-65.1%
P/S8.4×-30.5×

Profitability

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Gross margin27.8%-47.7pp
Operating margin-312.8%-129pp
Net margin-289.6%-119pp
FCF margin-257.7%-99.7pp

Returns & leverage

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Return on equity-31.2%-2.7pp
Debt / equity0.0×
Current ratio6.5×-5.9×

Where this comes from

Reported directly by SES AI in its filing.

Tagged under the XBRL concept us-gaap:PropertyPlantAndEquipmentNet.

The source filing: SES AI’s 10-Q, filed August 11, 2026.

Filed
Aug 11, 2026, 4:15 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001819142-26-000045
(in thousands, except share and per share amounts)June 30, 2026December 31, 2025
Inventories8,4355,154
Prepaid expenses and other assets6,8086,707
Total current assets185,990216,276
Property and equipment, net24,22528,866
Goodwill13,27213,272
Intangible assets, net2,6892,809
Right-of-use assets, net6,3567,638
Deferred tax assets1,5221,521

Item 1. Financial Statements

FAQ

What is SES AI's PP&E (net)?
SES AI (SES) reported PP&E (net) of $24.23M in Q2 2026.
How has SES AI's PP&E (net) changed year-over-year?
SES AI's PP&E (net) decreased by 28.9% year-over-year, from $34.09M to $24.23M.
What is the long-term trend for SES AI's PP&E (net)?
Over 4 years (2021 to 2025), SES AI's PP&E (net) has grown at a 23.3% compound annual growth rate (CAGR), from $12.49M to $28.87M.
What does PP&E (net) mean?
Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

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