Ses Ai (SES) Capital Expenditures (2021 - 2026)
Ses Ai (SES) posted Capital Expenditures of $656,000 for Q2 2026, down 18.4% from $804,000 a year earlier but up 98.8% from the prior quarter.
Ses Ai (SES) Capital Expenditures (2021 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Capital Expenditures at Ses Ai was $2.12 million, down 38.8% year-over-year; for FY2025, it came in at $2.86 million, down 76.6% from FY2024.
- Annual Capital Expenditures shows a five-year compound annual growth rate of 23.8% (FY2020 to FY2025).
- In prior years, Ses Ai's Capital Expenditures was $12.21 million in FY2024 (-22.6%), $15.76 million in FY2023 (+7.6%), $14.65 million in FY2022 (+63.7%) and $8.95 million in FY2021 (+811.5%).
- Quarterly Capital Expenditures has run from a low of $233,000 in Q4 2024 to a high of $7.5 million in Q2 2022 over five years.
- On a year-over-year basis, Capital Expenditures increased in 1 of the last eight quarters, with an average decline of 34.1%.
- The strongest year-over-year quarter for Capital Expenditures in the past five years was Q1 2022, with growth of 859.2%; the weakest was Q4 2024, with a decline of 93.3%.
- According to Business Quant data, Capital Expenditures for the three prior quarters was $330,000 (Q1 2026), $712,000 (Q4 2025) and $426,000 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 256.40 Bn | 217.48 Bn | 2.36 Bn | 386.00 Mn |
| 2 | Bloom Energy | 85.45 Bn | 77.27 Bn | 355.57 Mn | 51.64 Mn |
| 3 | First Solar | 19.01 Bn | 9.97 Bn | 605.00 Mn | 161.32 Mn |
| 4 | BWX Technologies | 12.64 Bn | 10.94 Bn | 202.31 Mn | 41.43 Mn |
| 5 | Generac Holdings | 12.53 Bn | 11.36 Bn | 521.81 Mn | 58.29 Mn |
| 6 | Nextpower | 12.03 Bn | 7.92 Bn | 335.85 Mn | 15.90 Mn |
| 7 | EnerSys | 6.62 Bn | 4.81 Bn | 313.36 Mn | 12.42 Mn |
| 8 | Enphase Energy | 4.21 Bn | -653.40 Mn | 175.01 Mn | 14.39 Mn |
| 9 | Mirion Technologies | 3.51 Bn | 1.39 Bn | 133.10 Mn | 10.40 Mn |
| 10 | Ses Ai | 176.72 Mn | 176.73 Mn | 1.15 Mn | 656,000.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 656,000.00 |
| Mar 31, 2026 | 330,000.00 |
| Dec 31, 2025 | 712,000.00 |
| Sep 30, 2025 | 426,000.00 |
| Jun 30, 2025 | 804,000.00 |
| Mar 31, 2025 | 916,000.00 |
| Dec 31, 2024 | 233,000.00 |
| Sep 30, 2024 | 1.52 Mn |
| Jun 30, 2024 | 3.70 Mn |
| Mar 31, 2024 | 6.76 Mn |
| Dec 31, 2023 | 3.48 Mn |
| Sep 30, 2023 | 4.49 Mn |
| Jun 30, 2023 | 1.81 Mn |
| Mar 31, 2023 | 5.97 Mn |
| Dec 31, 2022 | 4.01 Mn |
| Sep 30, 2022 | 604,000.00 |
| Jun 30, 2022 | 7.50 Mn |
| Mar 31, 2022 | 2.54 Mn |
| Dec 31, 2021 | 4.99 Mn |
| Sep 30, 2021 | 926,000.00 |
Ses Ai Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=SES&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "SES", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=SES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();