---
schema_version: "secwatch.filing_event.v1"
accession: "0001819142-26-000019"
form_type: "8-K"
ticker: "SES"
cik: "0001819142"
company_name: "SES AI Corp"
filed_at: "2026-04-23T23:59:59+00:00"
generated_at: "2026-05-15T04:36:25.003026+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# SES AI Q1 revenue $6.7M (+47% QoQ) above consensus; gross margin 18.1%; new $20M ESS deal; appoints CFO

## Summary
- Q1 revenue $6.7M (+47% QoQ, above consensus); GAAP net loss $12.1M ($0.04/sh), improved from Q4 loss $17.0M.
- GAAP gross margin 18.1% vs 11.3% Q4; non-GAAP 18.3% vs 11.7% on higher-mix ESS, drone, and MU subscription revenue.
- Signed $20M multiyear distribution agreement with ATG EPower for North American ESS; Chungju drone line converted to 1M cell capacity.
- Molecular Universe v2.5 launched; major global battery maker committed to multiyear Search in a Box subscription; six customers in phase-2 testing.
- Reaffirmed FY2026 revenue guidance $30-35M; CFO Jing Nealis departs April 27; Ray Liu (CFA, CPA) appointed CFO.

## SEC filing metadata
- accession: 0001819142-26-000019
- form_type: 8-K
- ticker: SES
- cik: 0001819142
- company_name: SES AI Corp
- filed_at: 2026-04-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819142/000181914226000019/0001819142-26-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819142/000181914226000019/ses-20260423x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001819142-26-000019
- JSON: https://secwatch.observer/filing/0001819142-26-000019.json
- Plain text: https://secwatch.observer/filing/0001819142-26-000019.txt

## Key facts
- Earnings Releases
  SES AI Corp reported the fiscal quarter ended March 31, 2026 results: revenue $6.7 million. Guidance reaffirmed.
  - Period: the fiscal quarter ended March 31, 2026
  - Revenue: $6.7 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: in such filing. ​ --- EX-99.1 (EX-99.1) --- 1 Letter to Our Shareholders Q1 2026 Dear Shareholders, We are off to a strong start in 2026. First quarter revenue reached $6.7 million, a 47% increase over the fourth quarter of 2025 and above published consensus estimates. We are also reaffirming our full year 2026 revenue guidance of $30 million to $35
  evidence_url: https://www.sec.gov/Archives/edgar/data/1819142/000181914226000019/0001819142-26-000019-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.