Ses Ai (SES) Operating Leases (2022 - 2026)
Ses Ai (SES) posted Operating Leases of $5.1 million for Q2 2026, down 6.31% on a QoQ basis from $5.4 million in Q1 2026, and down 22.81% year-over-year from $6.6 million in Q2 2025.
Analysis
Ses Ai (SES) Operating Leases (2022 - 2026) Analysis & Trends
Ses Ai has reported Operating Leases for 5 years, with the latest figure at $5.1 million in Q2 2026.
- On a quarterly basis, Operating Leases fell 22.81% year-over-year to $5.1 million in Q2 2026; TTM through Jun 2026 was $5.1 million, a 22.81% decrease from a year earlier, with the FY2025 full-year figure at $5.8 million, down 27.13% from the prior year.
- Operating Leases was $5.1 million for Q2 2026 at Ses Ai, down from $5.4 million in the prior quarter.
- The five-year high for Operating Leases was $11.3 million in Q4 2023, with the low at $5.1 million in Q2 2026.
- Average Operating Leases over 5 years is $8.5 million, with a median of $9.4 million recorded in 2023.
- The sharpest annual moves came in 2023 and 2025: Operating Leases gained 11.32% in 2023, then dropped 29.69% in 2025.
- Over 5 years, Operating Leases stood at $10.2 million in 2022, then increased by 11.32% to $11.3 million in 2023, then dropped by 29.51% to $8.0 million in 2024, then declined by 27.13% to $5.8 million in 2025, then declined by 12.71% to $5.1 million in 2026.
- The last three Operating Leases figures came in at $5.1 million (Q2 2026), $5.4 million (Q1 2026), and $5.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | EnerSys | 6.60 Bn | 6.08 Bn | 313.36 Mn |
| 2 | QuantumScape | 3.38 Bn | 3.38 Bn | - |
| 3 | Fluence Energy | 1.91 Bn | 1.40 Bn | 33.24 Mn |
| 4 | Eos Energy Enterprises | 1.32 Bn | 972.43 Mn | -48.80 Mn |
| 5 | Enovix | 727.73 Mn | 729.77 Mn | 1.30 Mn |
| 6 | Energy Vault Holdings | 690.97 Mn | 609.42 Mn | 5.38 Mn |
| 7 | Amprius Technologies | 467.46 Mn | 392.94 Mn | 9.28 Mn |
| 8 | Electrovaya | 290.55 Mn | 277.47 Mn | 6.19 Mn |
| 9 | Microvast Holdings | 265.33 Mn | 122.20 Mn | 25.78 Mn |
| 10 | Ses Ai | 166.91 Mn | 166.91 Mn | 1.15 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.07 Mn |
| Mar 31, 2026 | 5.42 Mn |
| Dec 31, 2025 | 5.81 Mn |
| Sep 30, 2025 | 6.19 Mn |
| Jun 30, 2025 | 6.57 Mn |
| Mar 31, 2025 | 6.90 Mn |
| Dec 31, 2024 | 7.98 Mn |
| Sep 30, 2024 | 8.41 Mn |
| Jun 30, 2024 | 9.35 Mn |
| Mar 31, 2024 | 9.69 Mn |
| Dec 31, 2023 | 11.32 Mn |
| Sep 30, 2023 | 9.53 Mn |
| Jun 30, 2023 | 10.47 Mn |
| Mar 31, 2023 | 9.90 Mn |
| Dec 31, 2022 | 10.17 Mn |
| Sep 30, 2022 | 10.06 Mn |
| Jun 30, 2022 | 9.83 Mn |
| Mar 31, 2022 | 10.11 Mn |