Last 45 quarters of trend data · Consumer Cyclical · Auto - Parts
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | -4.25 | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| P/S Ratio | 14.36 | 11.93 | 32.64 | 19.43 | 20.89 | 7.40 | 87.38 | — | — | — | — | — | — |
| — | +61.2% | -62.6% | — | — | — | — | — | — | — | — | — | — | |
| P/B Ratio | 1.44 | 1.58 | 2.77 | 2.42 | 1.18 | 0.64 | 2.56 | 0.67 | 1.21 | 1.54 | 1.61 | 1.97 | 2.05 |
| — | +147.9% | +8.3% | +264.0% | -2.2% | -58.8% | +58.8% | -66.2% | -41.0% | -36.2% | -35.7% | -49.0% | -30.8% | |
| P/FCF | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| EV / EBITDA | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| EV / EBIT | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
SES AI Corporation's operating margin was -266.3% in Q1 2026, up 121.4 pp QoQ and up 135.5 pp YoY. The trailing four-quarter average of -392.1% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin contracted 77.0% YoY, suggesting cost inflation or competitive pricing pressure.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 53.8% | 18.1% | 11.3% | 51.1% | 73.7% | 78.7% | 100.0% | — | — | — | — | — | — |
| — | -77.0% | -88.7% | — | — | — | — | — | — | — | — | — | — | |
| Operating Margin | -393.4% | -266.3% | -387.7% | -262.0% | -652.3% | -401.7% | -1428.1% | — | — | — | — | — | — |
| — | +33.7% | +72.9% | — | — | — | — | — | — | — | — | — | — | |
| Net Margin | -347.8% | -180.3% | -373.5% | -293.9% | -642.2% | -214.6% | -1693.4% | — | — | — | — | — | — |
| — | +16.0% | +77.9% | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -29.6% | -5.8% | -7.7% | -8.8% | -8.7% | -4.5% | -11.8% | -9.4% | -5.9% | -4.4% | -3.0% | -3.6% | -3.4% |
| — | -27.6% | +34.6% | +7.0% | -48.9% | -3.0% | -295.1% | -158.1% | -71.3% | -5.0% | -35.1% | +39.6% | -252.6% | |
| ROA | -24.2% | -4.6% | -6.1% | -7.2% | -7.6% | -3.9% | -10.2% | -8.4% | -5.3% | -3.9% | -2.7% | -3.3% | -3.1% |
| — | -17.6% | +40.3% | +14.1% | -44.0% | +0.4% | -282.9% | -156.2% | -72.3% | -5.0% | -35.5% | +39.6% | -257.6% | |
| ROIC | -35.1% | -7.5% | -6.7% | -6.2% | -7.3% | -9.1% | -10.6% | -9.5% | -7.1% | -6.2% | -4.4% | -4.4% | -4.2% |
| — | +17.5% | +36.4% | +34.1% | -3.0% | -47.5% | -140.7% | -115.6% | -68.1% | -22.5% | +54.0% | +96.0% | +94.5% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
The current ratio has weakened 56.1% YoY to 6.86x, tightening the short-term liquidity position.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.04 | 0.03 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.03 | 0.04 | 0.03 | 0.03 |
| — | -2.3% | -0.5% | +3.9% | +4.7% | +1.2% | -0.7% | +11.1% | +6.3% | +11.5% | +24.1% | +6.4% | +20.5% | |
| Debt / EBITDA | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| Current Ratio | 8.95 | 6.86 | 8.95 | 8.23 | 12.46 | 15.61 | 12.14 | 15.24 | 22.22 | 23.46 | 17.13 | 22.28 | 22.27 |
| — | -56.1% | -26.2% | -46.0% | -43.9% | -33.5% | -29.1% | -31.6% | -0.2% | +5.1% | -16.4% | -6.2% | -19.1% | |
| Quick Ratio | 8.74 | 6.62 | 8.74 | 8.09 | 12.45 | 15.60 | 12.13 | 15.22 | 22.18 | 23.43 | 17.10 | 22.25 | 22.25 |
| — | -57.6% | -27.9% | -46.8% | -43.9% | -33.4% | -29.1% | -31.6% | -0.3% | +5.1% | -16.5% | -6.3% | -19.2% | |
| Interest Coverage | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 45 years · Updated daily
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SES AI Corporation's current P/E is -4.2x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
SES AI Corporation's current operating margin is -393.4%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking SES AI Corporation's business trajectory between earnings reports.