SES AI financials
$0.5343+0.39%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.1M | $6.7M | $4.6M | $7.1M | $3.5M | $5.8M | $2.0M | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Gross profit | $1.1M | $1.2M | $514.0K | $3.6M | $2.6M | $4.6M | $1.3M | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Gross margin | 22.6% | 18.1% | 11.3% | 51.1% | 73.7% | 78.7% | 63.1% | — | — | — | — | — |
| Operating income | -$19.2M | -$17.9M | -$17.7M | -$18.6M | -$23.0M | -$23.3M | -$29.1M | -$34.2M | -$24.6M | -$21.3M | -$17.9M | -$19.4M |
| Net income | -$17.9M | -$12.1M | -$17.0M | -$20.9M | -$22.7M | -$12.4M | -$34.5M | -$30.2M | -$19.9M | -$15.6M | -$10.8M | -$13.5M |
| Net margin | −353.0% | −180.3% | −373.5% | −293.9% | −642.2% | −214.6% | −1693.4% | — | — | — | — | — |
| Diluted EPS | $-0.05 | $-0.04 | $-0.05 | $-0.06 | $-0.07 | $-0.04 | $-0.11 | $-0.09 | $-0.06 | $-0.05 | $-0.03 | $-0.04 |
| EBITDA | -$16.5M | -$15.2M | -$15.1M | -$16.0M | -$20.5M | -$20.8M | -$26.7M | -$32.0M | -$22.7M | -$19.6M | -$16.3M | -$17.7M |
| Operating cash flow | -$13.8M | -$19.8M | -$10.4M | -$14.3M | -$10.8M | -$22.8M | -$12.3M | -$22.7M | -$22.1M | -$9.0M | -$12.5M | -$13.0M |
| Free cash flow | -$14.5M | -$20.1M | -$11.1M | -$14.7M | -$11.6M | -$23.7M | -$12.5M | -$24.2M | -$25.8M | -$15.7M | -$16.0M | -$17.5M |
| Diluted shares | 336.3M | 332.8M | 331.3M | 331.3M | 331.7M | 329.3M | 325.6M | 322.0M | 320.8M | 318.8M | 316.6M | 315.6M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $64.1M | $46.9M | $29.5M | $35.3M | $11.8M | $56.1M |
| Short-term investments | $98.9M | $130.7M | $170.1M | $178.7M | $217.1M | $183.7M |
| Total debt | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total assets | $236.2M | $253.5M | $272.6M | $288.8M | $290.5M | $306.0M |
| Total liabilities | $49.2M | $50.3M | $57.9M | $60.6M | $41.2M | $36.1M |
| Shareholders' equity | $187.1M | $203.2M | $214.8M | $228.2M | $249.2M | $269.9M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology