Ses Ai (SES) Tax Rate (2021 - 2026)
Ses Ai (SES) posted Tax Rate of 0.74% for Q2 2026, up 79.04% on a QoQ basis from 3.54% in Q1 2026, and up 230.0% year-over-year from 0.23% in Q2 2025.
Analysis
Ses Ai (SES) Tax Rate (2021 - 2026) Analysis & Trends
Ses Ai has reported Tax Rate for 6 years, with the latest figure at 0.74% in Q2 2026.
- On a quarterly basis, Tax Rate rose 230.0% year-over-year to 0.74% in Q2 2026; TTM through Jun 2026 was 16.85%, a 1770.0% increase from a year earlier, with the FY2025 full-year figure at 15.88%, up 1634.0% from the prior year.
- Tax Rate was 0.74% for Q2 2026 at Ses Ai, up from 3.54% in the prior quarter.
- The five-year high for Tax Rate was 37.51% in Q4 2025, with the low at 12.27% in Q4 2022.
- Average Tax Rate over 5 years is 1.38%, with a median of 0.49% recorded in 2022.
- The sharpest annual moves came in 2024 and 2025: Tax Rate slumped 1256 bps in 2024, then surged 3761 bps in 2025.
- Over 5 years, Tax Rate stood at 12.27% in 2022, then jumped by 202 bps to 12.46% in 2023, then plunged by 101 bps to 0.1% in 2024, then jumped by 37383 bps to 37.51% in 2025, then plunged by 102 bps to 0.74% in 2026.
- The last three Tax Rate figures came in at 0.74% (Q2 2026), 3.54% (Q1 2026), and 37.51% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | EnerSys | 6.53 Bn | 6.00 Bn | 313.36 Mn | 13.75% |
| 2 | QuantumScape | 3.23 Bn | 3.23 Bn | - | -0.20% |
| 3 | Eos Energy Enterprises | 1.43 Bn | 1.08 Bn | -48.80 Mn | 0.00% |
| 4 | Fluence Energy | 1.40 Bn | 839.06 Mn | 33.24 Mn | -1.84% |
| 5 | Energy Vault Holdings | 764.95 Mn | 657.60 Mn | 5.38 Mn | -3.12% |
| 6 | Enovix | 695.93 Mn | 695.93 Mn | 1.30 Mn | 1.01% |
| 7 | Amprius Technologies | 466.27 Mn | 391.76 Mn | 9.28 Mn | - |
| 8 | Electrovaya | 265.14 Mn | 252.06 Mn | 6.19 Mn | - |
| 9 | Microvast Holdings | 218.97 Mn | 75.84 Mn | 25.78 Mn | - |
| 10 | Ses Ai | 173.54 Mn | 173.54 Mn | 1.15 Mn | -0.74% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -0.74% |
| Mar 31, 2026 | -3.54% |
| Dec 31, 2025 | 37.51% |
| Sep 30, 2025 | 0.51% |
| Jun 30, 2025 | -3.04% |
| Mar 31, 2025 | -0.03% |
| Dec 31, 2024 | -0.10% |
| Sep 30, 2024 | -0.46% |
| Jun 30, 2024 | -0.48% |
| Mar 31, 2024 | -1.28% |
| Dec 31, 2023 | 12.46% |
| Sep 30, 2023 | -1.57% |
| Jun 30, 2023 | -2.59% |
| Mar 31, 2023 | -0.89% |
| Dec 31, 2022 | -12.27% |
| Sep 30, 2022 | -0.50% |
| Jun 30, 2022 | 1.94% |
| Mar 31, 2022 | -0.04% |
| Dec 31, 2021 | -0.03% |
| Sep 30, 2021 | -0.03% |