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SES AI SES Business Segments — General And Administrative Expense

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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:GeneralAndAdministrativeExpense.

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 business segments — general and administrative expense?
SES AI (SES) reported business segments — general and administrative expense of $3.62M in Q1 2026.
How has SES AI's business segments — general and administrative expense changed year-over-year?
SES AI's business segments — general and administrative expense decreased by 7.2% year-over-year, from $3.9M to $3.62M.
What is the long-term trend for SES AI's business segments — general and administrative expense?
Over 2 years (2023 to 2025), SES AI's business segments — general and administrative expense has grown at a 4.4% compound annual growth rate (CAGR), from $13.7M to $14.92M.
What does business segments — general and administrative expense mean?
This metric encompasses the overhead costs required to support the day-to-day operations of the business, excluding direct research or production costs. It includes expenses for corporate functions such as legal, human resources, and general office management. Tracking this provides insight into the company's operational discipline and the scalability of its corporate infrastructure.