Ses (SGBAF) Operating Margin (2024 - 2026)
Ses' (SGBAF) quarterly Operating Margin came in at 8.38% in Q1 2026, down 694.0% year-on-year from 1.41% in Q1 2025, and up 594.01% quarter-over-quarter from 1.7% in Q4 2025.
Ses (SGBAF) Operating Margin (2024 - 2026) Analysis & Trends
Ses has disclosed Operating Margin across 3 years of filings, most recently posting 8.38% for Q1 2026.
- Operating Margin for Q1 2026 came in at 8.38%, down 694.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 1.94% (down 846.0% YoY), and the FY2025 annual result was 2.44%, down 76.0% from the prior year.
- Operating Margin came in at 8.38% for Q1 2026 at Ses, up from 1.7% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 22.29% in Q1 2024 to a low of 1.7% in Q4 2025.
- The 3-year median for Operating Margin is 4.02% (2024), against an average of 6.91%.
- Peak annual rise in Operating Margin reached 376 bps in 2025, while the deepest fall reached 696 bps in 2025.
- Ses' Operating Margin stood at 4.02% in 2024, then plunged by 142 bps to 1.7% in 2025, then soared by 594 bps to 8.38% in 2026.
- The last three Operating Margin figures came in at 8.38% (Q1 2026), 1.7% (Q4 2025), and 0.26% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nexstar Media | 5.44 Bn | 5.04 Bn | -505.00 Mn | 22.64% |
| 2 | FuboTV | 3.41 Bn | 5.34 Bn | 348.72 Mn | 8.32% |
| 3 | Newsmax | 996.58 Mn | 956.14 Mn | 21.36 Mn | -101.57% |
| 4 | iHeartMedia | 598.23 Mn | 466.54 Mn | 509.13 Mn | 0.17% |
| 5 | Gray Media | 394.79 Mn | 135.79 Mn | 213.00 Mn | 10.55% |
| 6 | E.W. Scripps | 304.31 Mn | 220.58 Mn | 206.07 Mn | 4.79% |
| 7 | CuriosityStream | 163.77 Mn | 154.55 Mn | 11.62 Mn | -17.57% |
| 8 | Mediaco Holding | 58.80 Mn | 58.80 Mn | -3.44 Mn | -23.99% |
| 9 | Saga Communications | 54.09 Mn | 23.65 Mn | 17.72 Mn | -14.27% |
| 10 | Ses | - | - | - | 8.38% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.38% |
| Dec 31, 2025 | -1.70% |
| Sep 30, 2025 | 0.26% |
| Jun 30, 2025 | -0.21% |
| Mar 31, 2025 | 15.32% |
| Sep 30, 2024 | 4.02% |
| Mar 31, 2024 | 22.29% |