SES AI Corp (SESCW) stock

SESCWOTCMiscellaneous Electrical Machinery, Equipment & SuppliesFiscal year ends December 31Also trades as SES

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 11, 2026Score 3/30

$0.01+0.01 (+725.00%)

Close on Oct 19, 2026Market cap $293.47MP/E –Yield –

Earnings

Ses Ai's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.

Next report

Nov 4, 2026

Q3 FY2026 · estimated, after the close

Revenue, Q2 FY2026

$5.10M

+45.7% on a year earlier

Non-GAAP basic and diluted Earnings per Share, Q2 FY2026

-$0.04

-$0.07 a year earlier

Latest guidance

Reaffirmed

Aug 11, 2026 · 2 items

Quarterly results

Revenue and earnings per share from each of Ses Ai's earnings releases, newest first

Quarter	Reported	Revenue	YoY	EPS	Adj. EPS	Source
Q3 FY2026ended Sep 30, 2026	Nov 4, 2026Expected	–	–	–	–	–
Q2 FY2026ended Jun 30, 2026	Aug 11, 2026after the close	$5.10M	+45.7%	-$0.05	-$0.04	Release
Q1 FY2026ended Mar 31, 2026	Apr 23, 2026after the close	$6.70M	+15.5%	-$0.04	-$0.03	Release
Q4 FY2025ended Dec 31, 2025	Mar 4, 2026after the close	$4.60M	+130.0%	-$0.05	-$0.04	Release
Q3 FY2025ended Sep 30, 2025	Nov 5, 2025after the close	$7.10M	–	-$0.06	–	Release
Q2 FY2025ended Jun 30, 2025	Aug 4, 2025after the close	$3.50M	–	-$0.07	–	Release
Q1 FY2025ended Mar 31, 2025	Apr 24, 2025after the close	$5.80M	–	-$0.04	–	Release
Q4 FY2024ended Dec 31, 2024	Feb 25, 2025after the close	$2.00M	–	-$0.11	–	Release
Q3 FY2024ended Sep 30, 2024	Oct 31, 2024after the close	–	–	-$0.09	–	Release
Q2 FY2024ended Jun 30, 2024	Jul 29, 2024after the close	–	–	-$0.06	–	Release
Q1 FY2024ended Mar 31, 2024	May 2, 2024after the close	–	–	–	–	Release
Q4 FY2023ended Dec 31, 2023	Feb 26, 2024after the close	–	–	–	–	Release
Q3 FY2023ended Sep 30, 2023	Nov 7, 2023before the open	–	–	-$0.04	–	Release
Q2 FY2023ended Jun 30, 2023	Aug 8, 2023after the close	–	–	-$0.04	–	Release
Q1 FY2023ended Mar 31, 2023	May 8, 2023after the close	–	–	-$0.05	–	Release
Q4 FY2022ended Dec 31, 2022	Mar 14, 2023before the open	–	–	-$0.03	–	Release
Q3 FY2022ended Sep 30, 2022	Nov 9, 2022after the close	–	–	-$0.08	–	Release
Q2 FY2022ended Jun 30, 2022	Aug 9, 2022after the close	–	–	–	–	Release
Q1 FY2022ended Mar 31, 2022	May 12, 2022after the close	–	–	-$0.12	–	Release

Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.

Current guidance

Ses Ai's latest outlook for periods it has not reported yet, compared with what it said before

Metric	Period	Guidance	Before	Change	Given
revenue growth	FY2026	+43% – +67%	–	New	Mar 4, 2026
revenue guidance	FY2026	$30.00M – $35.00M	$30.00M – $35.00M	Reaffirmed	Aug 11, 2026
revenue guidance	FY2026	$30.00M – $35.00M	–	New	Apr 23, 2026
consolidated gross margin	FY2026	15%	15%	Reaffirmed	Aug 11, 2026
consolidated gross margin	FY2026	15%	–	New	Apr 23, 2026
operating expenses reduction	FY2026	+15%	–	New	Apr 23, 2026
operating expenses reduction	FY2026	-15%	–	New	Mar 4, 2026

Guidance vs results

The last range Ses Ai gave before each report, against the figure it then reported. Full years add up the four quarters.

Period	Metric	Guidance	Actual	Result
Q1 FY2026	Revenue	$6.30M – $6.50M	$6.70M	Above range
FY2025	Revenue	$20.00M – $25.00M	$21.00MΣ4Q	Within range
Q1 FY2025	Revenue	$5.00M – $5.80M	$5.80M	Within range

Guidance history

Every forecast Ses Ai put in an earnings release, newest first

Given	Metric	Period	Guidance	Change
Aug 11, 2026	consolidated gross margin	FY2026	15%	Reaffirmed
Aug 11, 2026	revenue guidance	FY2026	$30.00M – $35.00M	Reaffirmed
Apr 23, 2026	consolidated gross margin	FY2026	15%	New
Apr 23, 2026	operating expenses reduction	FY2026	+15%	New
Apr 23, 2026	revenue guidance	FY2026	$30.00M – $35.00M	New
Apr 1, 2026	revenue guidance	FY2026	$30.00M – $35.00M	Reaffirmed
Apr 1, 2026	revenue	Q1 FY2026	$6.30M – $6.50M	New
Mar 4, 2026	blended consolidated gross margin	FY2026	15%	New
Mar 4, 2026	operating expenses reduction	FY2026	-15%	New
Mar 4, 2026	revenue growth	FY2026	+43% – +67%	New
Mar 4, 2026	revenue	FY2026	$30.00M – $35.00M	New
Nov 5, 2025	revenue guidance	FY2025	$20.00M – $25.00M	New
Aug 4, 2025	revenue guidance	FY2025	$15.00M – $25.00M	Reaffirmed
Jul 28, 2025	revenue guidance	FY2025	$15.00M – $25.00M	Reaffirmed
Apr 24, 2025	revenue guidance	FY2025	$15.00M – $25.00M	Reaffirmed
Apr 8, 2025	first quarter revenue	Q1 FY2025	$5.00M – $5.80M	New
Feb 25, 2025	total cash usage in operations and capex	FY2025	$70.00M – $80.00M	New
Feb 25, 2025	revenue	FY2025	$15.00M – $25.00M	New
Oct 31, 2024	capital expenditures	FY2024	$10.00M – $15.00M	Lowered
Oct 31, 2024	total cash usage	FY2024	$80.00M – $95.00M	Lowered
Oct 31, 2024	cash usage from operations	FY2024	$70.00M – $80.00M	Lowered
Jul 29, 2024	capital expenditures	FY2024	$15.00M – $25.00M	Lowered
Jul 29, 2024	total cash usage	FY2024	$100.00M – $120.00M	Raised
Jul 29, 2024	cash usage from operations	FY2024	$85.00M – $95.00M	Lowered
May 2, 2024	capital expenditures	FY2024	$20.00M – $30.00M	Reaffirmed
May 2, 2024	cash usage from operations	FY2024	$90.00M – $100.00M	Reaffirmed
Feb 26, 2024	capital expenditures	FY2024	$20.00M – $30.00M	New
Feb 26, 2024	cash usage from operations	FY2024	$90.00M – $100.00M	New
Nov 7, 2023	capital expenditures	FY2023	$20.00M – $30.00M	Lowered
Nov 7, 2023	total cash usage	FY2023	$85.00M – $105.00M	Lowered
Nov 7, 2023	cash usage from operations	FY2023	$65.00M – $75.00M	Lowered
Aug 8, 2023	capital expenditures	FY2023	$50.00M – $70.00M	Reaffirmed
Aug 8, 2023	expected cash usage from operations	FY2023	$80.00M – $100.00M	Lowered
Aug 8, 2023	cash usage	FY2023	$130.00M – $170.00M	Raised
May 8, 2023	capital expenditures	FY2023	$50.00M – $70.00M	Reaffirmed
May 8, 2023	cash usage from operations	FY2023	$80.00M – $100.00M	Lowered
May 8, 2023	cash usage	FY2023	$130.00M – $170.00M	Raised
Mar 14, 2023	capital expenditures	FY2023	$50.00M – $70.00M	New
Mar 14, 2023	total cash usage from operations	FY2023	$80.00M – $100.00M	New
Mar 14, 2023	total cash usage	FY2023	$130.00M – $170.00M	Raised
Nov 9, 2022	Capital Expenditures	FY2022	$20.00M – $25.00M	Lowered
Nov 9, 2022	Operating Expenses	FY2022	$55.00M – $60.00M	Lowered
Nov 9, 2022	Total Cash Usage	FY2022	$75.00M – $85.00M	Raised
Aug 9, 2022	capital expenditures	FY2022	$25.00M – $35.00M	Reaffirmed
Aug 9, 2022	cash used in operations	FY2022	$70.00M – $80.00M	Lowered
Aug 9, 2022	use of cash	FY2022	$95.00M – $115.00M	Raised
May 12, 2022	capital expenditures	FY2022	$25.00M – $35.00M	New
May 12, 2022	cash used in operations	FY2022	$70.00M – $80.00M	New
May 12, 2022	use of cash	FY2022	$95.00M – $115.00M	Raised

Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.