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SES AI (SES) Product revenue by quarter

SES AI's Product revenue was $5.1M in Q2 2026 (second quarter 2026), -21% from Q1 2026. Over the last 5 quarters it ranged from $8K (Q1 2025) to $6.4M (Q1 2026).

SES AI Product revenue by quarterSES AI Product revenue by quarter$8KQ1 2025$3.2MQ3 2025$4.2MQ4 2025$6.4MQ1 2026$5.1MQ2 2026
QuarterProduct revenueQ/QY/Y
Q2 2026$5.1M-21%—
Q1 2026$6.4M+54%806×
Q4 2025$4.2M+30%—
Q3 2025$3.2M403×—
Q1 2025$8K——

Q2 2026 at a glance

SES AI, Q2 2026: revenue $5.1M (+44% year over year), operating margin -378.5%, net loss $17.9M, operating cash flow −$13.8M. The chart follows the revenue to costs, profit and cash.

Questions

What is SES AI's Product revenue?

SES AI's Product revenue was $5.1M in Q2 2026 (second quarter 2026), -21% from Q1 2026.

How has SES AI's Product revenue changed?

Over the last 5 quarters it ranged from $8K (Q1 2025) to $6.4M (Q1 2026).

Q2 2026 results → · How SES AI makes money →