Ses Ai (SES) Gross Margin (2025 - 2026)
Ses Ai (SES) recorded quarterly Gross Margin of 18.1% in Q1 2026, up 60.69% quarter-over-quarter from 11.27% in Q4 2025, and down 6056.0% on a YoY basis from 0.3% in Q1 2025.
Ses Ai (SES) Gross Margin (2025 - 2026) Analysis & Trends
Ses Ai's Gross Margin history runs 2 years deep, the most recent figure standing at 18.1% for Q1 2026.
- In Q1 2026, Gross Margin fell 6056.0% year-over-year to 18.1%; the TTM figure through Mar 2026 stood at 36.34% (changed N/A YoY), while the FY2025 annual figure was 53.84%, down 929.0% from the prior year.
- Gross Margin was 18.1% for Q1 2026 at Ses Ai, up from 11.27% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 78.66% in Q1 2025 to a low of 11.27% in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 76.00 Bn | 75.75 Bn | 2.35 Bn | 51.47% |
| 2 | Autozone | 51.46 Bn | 51.20 Bn | 2.52 Bn | 52.15% |
| 3 | Modine Manufacturing | 15.07 Bn | 14.98 Bn | 186.10 Mn | 23.12% |
| 4 | Borgwarner | 14.88 Bn | 15.05 Bn | 677.00 Mn | 19.16% |
| 5 | Genuine Parts | 14.73 Bn | 14.25 Bn | 2.34 Bn | 37.33% |
| 6 | Aptiv | 13.96 Bn | 10.89 Bn | 920.00 Mn | 18.09% |
| 7 | Aurora Innovation | 11.93 Bn | 10.71 Bn | -5.00 Mn | -500.00% |
| 8 | Magna International | 10.79 Bn | 9.60 Bn | 1.42 Bn | 13.71% |
| 9 | Allison Transmission Holdings | 10.06 Bn | 9.75 Bn | 406.00 Mn | 28.88% |
| 10 | Ses Ai | 349.48 Mn | 349.48 Mn | 1.22 Mn | 18.10% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 18.10% |
| Dec 31, 2025 | 11.27% |
| Sep 30, 2025 | 51.08% |
| Jun 30, 2025 | 73.72% |
| Mar 31, 2025 | 78.66% |