Ses Ai (SES) Gross Margin (2025 - 2026)
Ses Ai (SES) posted Gross Margin of 22.61% for Q2 2026, up 24.91% on a QoQ basis from 18.1% in Q1 2026, and down 5110.0% year-over-year from 0.45% in Q2 2025.
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Ses Ai (SES) Gross Margin (2025 - 2026) Analysis & Trends
Ses Ai has reported Gross Margin for 2 years, with the latest figure at 22.61% in Q2 2026.
- On a quarterly basis, Gross Margin fell 5110.0% year-over-year to 22.61% in Q2 2026; TTM through Jun 2026 was 27.75%, a N/A change from a year earlier, with the FY2025 full-year figure at 53.84%, down 929.0% from the prior year.
- Gross Margin was 22.61% for Q2 2026 at Ses Ai, up from 18.1% in the prior quarter.
- The five-year high for Gross Margin was 78.66% in Q1 2025, with the low at 11.27% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | EnerSys | 6.60 Bn | 6.08 Bn | 313.36 Mn | 33.49% |
| 2 | QuantumScape | 3.38 Bn | 3.38 Bn | - | - |
| 3 | Fluence Energy | 1.91 Bn | 1.40 Bn | 33.24 Mn | 5.12% |
| 4 | Eos Energy Enterprises | 1.32 Bn | 972.43 Mn | -48.80 Mn | -70.96% |
| 5 | Enovix | 727.73 Mn | 729.77 Mn | 1.30 Mn | 14.43% |
| 6 | Energy Vault Holdings | 690.97 Mn | 609.42 Mn | 5.38 Mn | 30.95% |
| 7 | Amprius Technologies | 467.46 Mn | 392.94 Mn | 9.28 Mn | 27.27% |
| 8 | Electrovaya | 290.55 Mn | 277.47 Mn | 6.19 Mn | 34.93% |
| 9 | Microvast Holdings | 265.33 Mn | 122.20 Mn | 25.78 Mn | 29.54% |
| 10 | Ses Ai | 166.91 Mn | 166.91 Mn | 1.15 Mn | 22.61% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.61% |
| 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% |