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SES
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SESSES AI Corporation
$0.83$271M
Overview & Tools
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SES logo

SES AI Corporation

SES
NYSE · Batteries & Energy Storage
$0.83
At close - Nov 6, 4:00 PM EST - USD
Market Cap$271M
P/E-4.1x
52W High$2.62
Volume12.11M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Revenue Recovery Overshadowed By Structural Cash Burn

SES AI posted 43.8% year-over-year revenue growth to $5.1M in 2026Q2, its third consecutive quarter of positive growth, but gross margin compressed from 78.7% in 2025Q1 to 22.6%, suggesting the revenue mix has shifted toward lower-value products and undermining the growth narrative.

GrowthAccelerating
ProfitabilityWeak
ValuationReview
TechnicalsWeak
Explore valuation models
MARKET ACTION

SES price & volume

Price trend, volume and key moving averages

Launch Terminal
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Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

5/12 Beats

EPS beat 5 of last 12 quarters

02

Valuation risk

-122% Peers

P/E is 122% below peer median

03

Market leadership

RS 81 · Leader

High momentum (Outperforming 81% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystConfirmed earnings · Nov 12

Market performance

Price History →

Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
SES-56.63%
S&P 500 (^GSPC)+7.63%
1-Year Return
SES-61.97%
S&P 500 (^GSPC)+9.69%
3-Year Return
SES-55.94%
S&P 500 (^GSPC)+91.11%
5-Year Return
SES-92.36%
S&P 500 (^GSPC)+74.83%

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$21M+929.4% YoY
Net income FY25
-$73M+27.1% YoY
Free cash flow FY25
-$61M+21.8% YoY
Operating margin FY25
-393.4%+4961.9 pts YoY
ROIC (FY25)-35%
Avg ROIC 5Y-83.4%
ROE (TTM)-32.6%
Piotroski Score3 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate5/12 (42%)
Revenue Beat Rate4/12 (57%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 11, 2026
-$0.04+4.0%
vs -$0.04
$5M-8.9%
vs $6M
Q2 2026
Apr 23, 2026
-$0.03-200.0%
vs -$0.01
$7M+83.8%
vs $4M
Q2 2026
Mar 4, 2026
-$0.04+33.3%
vs -$0.06
$5M-34.0%
vs $7M
Q4 2025
Nov 5, 2025
-$0.06-100.0%
vs -$0.03
$7M+55.3%
vs $5M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
Business Wire·3d ago
SES Achieves Optical Communications Milestone for Future meoSphere Network

LUXEMBOURG--(BUSINESS WIRE)--SES, in collaboration with leading space technology partners, has successfully demonstrated a bi-directional optical communications link between ground and space through its meoSphere Pathfinder 1 mission, marking an important milestone in the development of the company's next-generation meoSphere network. The achievement validates a critical technology that will support future high-capacity, secure and flexible connectivity services. During the demonstration, SES s.

Business Wire·Oct 30, 2026
SES and Air Astana Introduce Multi-orbit Inflight Connectivity on A321LR Fleet

LUXEMBOURG--(BUSINESS WIRE)--SES was selected by Air Astana, the award-winning flag carrier of Kazakhstan, to introduce next-generation inflight connectivity services across its Airbus A321LR fleet. The first connected aircraft entered commercial service on 29 October 2026. Fleet-wide deployment will continue across the remaining A321LR fleet. Equipped with SES's new electronically steered array (ESA) antenna, the aircraft delivers reliable connectivity over the SES multi-orbit network. SES wil.

Business Wire·Oct 27, 2026
SES and CANAL+ Strengthen Strategic Partnership Through 2040

LUXEMBOURG--(BUSINESS WIRE)--SES and CANAL+, the global media and entertainment group, have extended their strategic partnership through 2040 with a multi-year agreement covering capacity across Europe, Africa and the Caribbean. Under the renewed agreement, CANAL+ will leverage SES's satellite infrastructure across several orbital positions to deliver premium video and pay TV services to a global subscriber base that now exceeds 40 million viewers across 70 countries. "SES has been a trusted pa.

Business Wire·Oct 22, 2026
SES AI Announces Date of Conference Call for Third Quarter 2026 Results

WOBURN, Mass.--(BUSINESS WIRE)---- $SES #AI--SES AI Corporation (“SES AI,” the “Company,” “we” or “us”) (NYSE: SES), a global leader in the development and manufacturing of AI-enhanced high-performance NDAA-compliant Li-ion and Anode-Free Li-Metal batteries, today announced it will release its 2026 third quarter financial results before market opens on Thursday, November 12, 2026. The Company will hold a conference call on Thursday, November 12, 2026, at 9:00 a.m. ET. A webcast of the live conference call w.

Filtered for SES AI CorporationMore Headlines
04

Compare before deciding

Benchmark SES against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for SES AI Corporation (SES)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
SES logoSESSES AI CorporationCurrent
$0.83$270.99M-4.12929.41%-289.64%-32.62%—
QS logoQSQuantumScape Corporation
$4.28$2.63B-6.92——-35.5%—
SLDP logoSLDPSolid Power, Inc.
$1.99$447.72M-5.167.98%-1273.87%-18.32%—
MVST logoMVSTMicrovast Holdings, Inc.
$0.63$209.46M4.2812.56%13.95%11.54%—
CBAT logoCBATCBAK Energy Technology, Inc.
$1.05$93.08M-5.4910.52%-7.43%-15.32%—
AMPX logoAMPXAmprius Technologies, Inc.
$8.72$1.23B-32.57202.11%-35.16%-34.75%—

Compare SES vs Peers

SES AI Corporation (SES) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs QS

Most directly comparable listed peer for SES.

Scale Benchmark

vs TSLA

Larger-name benchmark to compare SES against a more recognizable public peer.

Peer Set

Compare Top 5

vs QS, SLDP, MVST, CBAT

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

SES SEC Filings & Documents

SES AI Corporation (SES) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 14, 2026·SEC

Material company update

Aug 11, 2026·SEC

Material company update

Jul 20, 2026·SEC

10-K Annual Reports

3
FY 2026

Mar 4, 2026·SEC

FY 2025

Feb 28, 2025·SEC

FY 2024

Feb 27, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 11, 2026·SEC

FY 2026

Apr 24, 2026·SEC

FY 2025

Nov 12, 2025·SEC

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SES Frequently Asked Questions

SES AI Corporation (SES) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is SES AI Corporation's revenue?

SES AI Corporation (SES) reported $23.5M in revenue over the trailing twelve months. Revenue was $21.0M in fiscal year 2025. That is 6264% more than the $0.3M of fiscal year 2008.

How fast is SES AI Corporation growing?

SES AI Corporation (SES) grew revenue by 106.5% over the trailing twelve months, compared with the twelve months before.

Is SES profitable?

No. SES AI Corporation (SES) reported a net loss of $68.0M over the trailing twelve months.

Dividend & Returns
What is SES's return on equity?

SES AI Corporation (SES) had a return on equity (ROE) of -32.6% over the trailing twelve months. A negative ROE means the company lost money over the period.

What is SES AI Corporation's free cash flow?

SES AI Corporation (SES) had negative free cash flow of $59.9M over the trailing twelve months.

What if you invested $1,000 in SES back in 2008?

Total return calculator · dividends reinvested · 18+ years of data

See returns →