For the quarter ending 2026-03-31, SES made $6,711K in revenue. -$11,611K in net income. Net profit margin of -173.01%.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Revenue | 6,711 | 4,562 | 7,118 | 3,527 |
| Cost of revenues | 5,496 | 4,048 | 3,482 | 927 |
| Gross profit | 1,215 | 514 | 3,636 | 2,600 |
| Research and development | 11,031 | 11,823 | 15,625 | 19,087 |
| General and administrative | 8,053 | 6,376 | 6,660 | 6,520 |
| Total operating expenses | 19,084 | 18,199 | 22,285 | 25,607 |
| Loss from operations | -17,869 | -17,685 | -18,649 | -23,007 |
| Loss on change in fair value of sponsor earn-out liabilities | 4,208 | -846 | -3,913 | -1,443 |
| Interest income | 1,696 | 2,027 | 2,274 | 2,367 |
| Miscellaneous expense, net | 281 | -866 | -740 | 100 |
| Total other income, net | 6,185 | 315 | -2,379 | 1,024 |
| Loss before income taxes | -11,684 | -17,370 | -21,028 | -21,983 |
| Provision from income taxes | 414 | -333 | -108 | 668 |
| Net loss | -12,098 | -17,037 | -20,920 | -22,651 |
| Foreign currency translation adjustment | 712 | 1,423 | -695 | -283 |
| Unrealized loss on short-term investments | -225 | 12 | 78 | -55 |
| Total other comprehensive income, net of tax | 487 | 1,435 | -617 | -338 |
| Total comprehensive loss | -11,611 | -15,602 | -21,537 | -22,989 |
| Basic EPS | -0.04 | -0.047 | -0.06 | -0.07 |
| Diluted EPS | -0.04 | -0.047 | -0.06 | -0.07 |
| Basic Average Shares | 332,840,425 | 331,266,896 | 331,335,411 | 331,731,923 |
| Diluted Average Shares | 332,840,425 | 331,266,896 | 331,335,411 | 331,731,923 |
SES AI Corp (SES)
SES AI Corp (SES)