For Q1 FY2026 ended March 31, 2026, SES AI reported revenue of $6.7M, up 15.8% year-over-year. Net loss was $12.1M, improving 2.7% from the prior year. Operating loss was $17.9M, widening 23.2% year-over-year. The company had $46.9M in cash and $203.2M in equity as of quarter end.
•Revenue increased 15.8% YoY to $6.7M.
•Net loss improved 2.7% YoY to $12.1M.
•Operating loss widened 23.2% YoY to $17.9M.
•Cash and equivalents stood at $46.9M.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
SES AI develops and produces AI enhanced lithium metal and lithium-ion rechargeable battery technologies for electric vehicles, urban air mobility, drones, robotics, battery energy storage systems, and other applications.
It manufactures and sells residential and commercial ESS systems, li-ion, li metal battery cells and battery materials, such as electrolytes for automotive OEMs and others. The company operates in the United States and the Asia Pacific regions. Founded in 2012, SES AI is headquartered in Woburn, Massachusetts.
SES AI Corporation develops and produces advanced rechargeable battery technologies, including AI-enhanced lithium metal and lithium-ion batteries. These batteries are designed for a wide range of applications such as electric vehicles, urban air mobility, drones, robotics, and battery energy storage systems. The company also manufactures and sells residential and commercial energy storage systems (ESS), lithium-ion and lithium metal battery cells, and battery materials like electrolytes. Its products are supplied to automotive OEMs and other customers. Founded in 2012 and headquartered in Woburn, Massachusetts, SES AI operates in the United States and the Asia Pacific regions.
On which stock exchange is SES AI listed and what currency is used?
SES AI Corporation is listed on the New York Stock Exchange (NYSE) under the ticker symbol SES. The trading currency for its shares is the US Dollar (USD). As a US-based company, its financial reporting and stock transactions are conducted in USD, making it accessible to investors trading on US markets.
What sector and industry does SES AI operate in?
SES AI Corporation operates in the Consumer Cyclical sector, specifically within the Auto Parts industry. This classification reflects its focus on producing battery technologies that are essential components for electric vehicles and other automotive applications. The company's products are integral to the auto parts supply chain, particularly as the automotive industry shifts toward electrification and advanced energy storage solutions.
Where is SES AI headquartered and what markets does it serve?
SES AI Corporation is headquartered in Woburn, Massachusetts, United States. The company operates in both the United States and the Asia Pacific regions. It serves a global customer base, including automotive OEMs and other industries requiring advanced battery technologies. Its geographic presence allows it to tap into key markets for electric vehicles, energy storage, and emerging applications like urban air mobility and robotics.
How does SES AI make money and what are its main products?
SES AI generates revenue by manufacturing and selling residential and commercial battery energy storage systems (ESS), lithium-ion and lithium metal battery cells, and battery materials such as electrolytes. Its products are sold to automotive OEMs and other customers in sectors like electric vehicles, urban air mobility, drones, and robotics. The company also develops AI-enhanced battery technologies, which likely contribute to its value proposition through improved performance and safety. By focusing on both cells and materials, SES AI participates in multiple parts of the battery supply chain.