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SES AI SES Return on equity

Return on equity at other companies

QuantumScape Corporation
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QuantumScape Corporation QS
-38%-1.7pp
SLD
Solid PowerSLDP
-19.8%-0.8pp
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Enovix CorporationENVX
-72.1%-10.0pp
Amprius Technologies logo
Amprius TechnologiesAMPX
-44.2%-11.4pp
Microvast Holdings, Inc. logo
Microvast Holdings, Inc.MVST
-30.3%+5.7pp
American Battery Technology Company logo
American Battery Technology CompanyABAT
-71.3%-11.1pp

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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Debt / equity0.0×
Current ratio6.9×-8.8×

Where this comes from

Calculated from SES AI’s reported figures.

Based on trailing twelve months.

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 return on equity?
SES AI (SES) reported return on equity of -30.7% in Q1 2026.
How has SES AI's return on equity changed year-over-year?
SES AI's return on equity increased by 2.3% year-over-year, from -31.4% to -30.7%.
What is the long-term trend for SES AI's return on equity?
Over 2 years (2023 to 2025), SES AI's return on equity has grown at a 44.3% compound annual growth rate (CAGR), from -14.2% to -29.6%.
What does return on equity mean?
Trailing-twelve-month net income divided by average shareholders' equity (average of the start and end of the trailing-twelve-month window). Measures the profit generated on each dollar of shareholder capital.