Ses Ai (SES) Return on Assets [ROA] (2021 - 2026)
Ses Ai's Return on Assets [ROA] was -27.75% in Q2 2026, up 5.72 percentage points from -33.47% a year earlier but down 0.12 percentage points from the prior quarter.
Ses Ai (SES) Return on Assets [ROA] (2021 - 2026) Analysis & Trends
For FY2025, Return on Assets [ROA] at Ses Ai came in at -24.25%, up 2.95 percentage points from FY2024.
- Return on Assets [ROA] shows a four-year change of +7.99 percentage points (FY2021 to FY2025).
- In earlier years, Return on Assets [ROA] was -27.20% in FY2024 (-14.60 pp), -12.61% in FY2023 (+3.49 pp), -16.09% in FY2022 (+16.14 pp) and -32.23% in FY2021.
- Quarterly Return on Assets [ROA] has moved between -33.47% (Q2 2025) and -8.38% (Q2 2022) over five years.
- Compared with a year earlier, Return on Assets [ROA] has increased for three straight quarters, with an average year-over-year change of -7.23 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Assets [ROA] over five years was Q1 2023 (a gain of 7.08 percentage points); the worst was Q2 2025 (a drop of 17.64 percentage points).
- Per Business Quant data, SES's Return on Assets [ROA] in the three quarters before Q2 2026 was -27.64% (Q1 2026), -26.02% (Q4 2025) and -31.27% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 12.18% |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 4.88% |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 13.06% |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 8.14% |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 4.56% |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 14.25% |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 8.86% |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 4.75% |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 0.73% |
| 10 | Ses Ai | 212.72 Mn | 212.73 Mn | 1.15 Mn | -27.75% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -27.75% |
| Mar 31, 2026 | -27.64% |
| Dec 31, 2025 | -26.02% |
| Sep 30, 2025 | -31.27% |
| Jun 30, 2025 | -33.47% |
| Mar 31, 2025 | -30.53% |
| Dec 31, 2024 | -29.48% |
| Sep 30, 2024 | -21.27% |
| Jun 30, 2024 | -15.82% |
| Mar 31, 2024 | -13.30% |
| Dec 31, 2023 | -13.18% |
| Sep 30, 2023 | -12.49% |
| Jun 30, 2023 | -14.69% |
| Mar 31, 2023 | -9.26% |
| Dec 31, 2022 | -11.55% |
| Sep 30, 2022 | -11.74% |
| Jun 30, 2022 | -8.38% |
| Mar 31, 2022 | -16.33% |
| Dec 31, 2021 | -13.22% |
Ses Ai Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=SES&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=SES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();