Ses Ai (SES) Common Equity (2020 - 2026)
Ses Ai (SES) recorded Common Equity of $187.06 million in Q2 2026, down 24.9% from $249.23 million a year earlier and down 8.0% from the prior quarter.
Ses Ai (SES) Common Equity (2020 - 2026) Analysis & Trends
At the end of FY2025, Ses Ai reported Common Equity of $214.76 million, down 22.8% from FY2024.
- Annual Common Equity has declined for three straight years.
- Across earlier years, Common Equity came in at $278.31 million in FY2024 (-22.5%), $358.95 million in FY2023 (-8.3%), $391.54 million in FY2022 and -$88.32 million in FY2021.
- The Q2 2026 figure is the lowest quarterly Common Equity since Q4 2021.
- On a year-over-year basis, Common Equity has declined for 14 consecutive quarters, with an average decline of 22.9% over the last eight quarters.
- Across the past five years, year-over-year decline in Common Equity ran from 2.6% in Q1 2023 to 26.2% in Q3 2025.
- Per Business Quant, the preceding three quarters came in at $203.25 million (Q1 2026), $214.76 million (Q4 2025) and $228.2 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 256.40 Bn | 217.48 Bn | 2.36 Bn | 13.12 Bn |
| 2 | Bloom Energy | 85.45 Bn | 77.27 Bn | 355.57 Mn | 1.64 Bn |
| 3 | First Solar | 19.01 Bn | 9.97 Bn | 605.00 Mn | 10.32 Bn |
| 4 | BWX Technologies | 12.64 Bn | 10.94 Bn | 202.31 Mn | 1.33 Bn |
| 5 | Generac Holdings | 12.53 Bn | 11.36 Bn | 521.81 Mn | 2.88 Bn |
| 6 | Nextpower | 12.03 Bn | 7.92 Bn | 335.85 Mn | 2.56 Bn |
| 7 | EnerSys | 6.62 Bn | 4.81 Bn | 313.36 Mn | 1.97 Bn |
| 8 | Enphase Energy | 4.21 Bn | -653.40 Mn | 175.01 Mn | 1.18 Bn |
| 9 | Mirion Technologies | 3.51 Bn | 1.39 Bn | 133.10 Mn | 1.88 Bn |
| 10 | Ses Ai | 176.72 Mn | 176.73 Mn | 1.15 Mn | 187.06 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 187.06 Mn |
| Mar 31, 2026 | 203.25 Mn |
| Dec 31, 2025 | 214.76 Mn |
| Sep 30, 2025 | 228.20 Mn |
| Jun 30, 2025 | 249.23 Mn |
| Mar 31, 2025 | 269.86 Mn |
| Dec 31, 2024 | 278.31 Mn |
| Sep 30, 2024 | 309.28 Mn |
| Jun 30, 2024 | 331.57 Mn |
| Mar 31, 2024 | 347.39 Mn |
| Dec 31, 2023 | 358.95 Mn |
| Sep 30, 2023 | 363.72 Mn |
| Jun 30, 2023 | 374.56 Mn |
| Mar 31, 2023 | 382.33 Mn |
| Dec 31, 2022 | 391.54 Mn |
| Sep 30, 2022 | 393.71 Mn |
| Jun 30, 2022 | 411.80 Mn |
| Mar 31, 2022 | 392.41 Mn |
| Dec 31, 2021 | -88.32 Mn |
| Sep 30, 2021 | -79.88 Mn |
Ses Ai Common Equity 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=common-equity&ticker=SES&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "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=common-equity&ticker=SES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();