SES AI Corporation
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 |
|---|---|---|---|---|---|---|
| Revenue | $5.1M | $6.7M | $4.6M | $7.1M | $3.5M | $5.8M |
| Cost of Revenue | $3.9M | $5.5M | $4.0M | $3.5M | $927.0K | $1.2M |
| Gross Profit | $1.1M | $1.2M | $514.0K | $3.6M | $2.6M | $4.6M |
| Gross Margin | 22.6% | 18.1% | 11.3% | 51.1% | 73.7% | 78.7% |
| Operating Expenses | ||||||
| Research & Development | $11.4M | $11.0M | $11.8M | $15.6M | $19.1M | $20.5M |
| SG&A Expense | $9.0M | $8.1M | $6.4M | $6.7M | $6.5M | $7.3M |
| Operating Income | $-19.2M | $-17.9M | $-17.7M | $-18.6M | $-23.0M | $-23.3M |
| Operating Margin | -378.5% | -266.3% | -387.7% | -262.0% | -652.3% | -401.7% |
| Interest Expense | — | — | — | — | — | — |
| Pretax Income | $-17.8M | $-11.7M | $-17.4M | $-21.0M | $-22.0M | $-12.4M |
| Income Tax Expense | $132.0K | $414.0K | $-333.0K | $-108.0K | $668.0K | $4.0K |
| Net Income | $-17.9M | $-12.1M | $-17.0M | $-20.9M | $-22.7M | $-12.4M |
| Net Margin | -353.0% | -180.3% | -373.5% | -293.9% | -642.2% | -214.6% |
| EPS (Basic) | $-0.05 | $-0.04 | $-0.05 | $-0.06 | $-0.07 | $-0.04 |
| EPS (Diluted) | $-0.05 | $-0.04 | $-0.05 | $-0.06 | $-0.07 | $-0.04 |
| Shares Outstanding (Basic) | 336.3M | 332.8M | 330.9M | 331.3M | 331.7M | 329.3M |
| Shares Outstanding (Diluted) | 336.3M | 332.8M | 330.9M | 331.3M | 331.7M | 329.3M |
| Dividends Per Share | — | — | — | — | — | — |