Ses Ai (SES) Gross Margin (2025 - 2026)
Ses Ai (SES) posted quarterly Gross Margin of 18.1% for Q1 2026, down 6056.0% year-over-year from 0.3% in Q1 2025, and up 60.69% on a QoQ basis from 11.27% in Q4 2025.
Ses Ai (SES) Gross Margin (2025 - 2026) Analysis & Trends
Ses Ai (SES) has reported Gross Margin for 2 consecutive years, with 18.1% the latest figure, recorded in 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 came in at 18.1% for Q1 2026 at Ses Ai, up from 11.27% 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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Advance Auto Parts | 65.13 Bn | 62.01 Bn | 869.00 Mn | 44.04% |
| 2 | Autozone | 53.07 Bn | 52.82 Bn | 2.52 Bn | 52.15% |
| 3 | Magna International | 17.54 Bn | 16.29 Bn | 1.42 Bn | 13.71% |
| 4 | Genuine Parts | 16.15 Bn | 15.67 Bn | 2.34 Bn | 37.33% |
| 5 | Aurora Innovation | 13.77 Bn | 12.55 Bn | -5.00 Mn | -500.00% |
| 6 | Borgwarner | 13.21 Bn | 13.37 Bn | 677.00 Mn | 19.16% |
| 7 | Aptiv | 12.84 Bn | 9.76 Bn | 920.00 Mn | 18.09% |
| 8 | Autoliv | 8.73 Bn | 8.37 Bn | 526.00 Mn | 19.11% |
| 9 | Modine Manufacturing | 8.68 Bn | 8.59 Bn | 186.10 Mn | 23.12% |
| 10 | Ses Ai | - | - | 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% |