Earnings ·
SES AI Corporation reported second quarter 2026 financial results with revenue of $5.1 million, a 40% increase…
SES-WTSES AI Corp
SES AI Corporation reported second quarter 2026 financial results with revenue of $5.1 million, a 40% increase year-over-year from $3.5 million in Q2 2025, and an improved GAAP gross margin of 22.6%. The company affirmed its full-year 2026 revenue guidance of $30 million to $35 million and reported ending cash and short-term investments of approximately $163 million. Concurrently, the Board appointed Paul Diemer as a Class II director effective August 6, 2026; Diemer currently serves as Senior Vice President at Generac Power Systems and previously held executive roles at Flex Ltd. and BorgWarner. SES AI Corp. is an energy storage company that develops and manufactures AI-enhanced lithium-metal batteries for electric vehicles, drones, and stationary applications.