Financials
Reported figures only · latest: Q4 2025
EUR · IFRS
Source: SEC XBRL filings
· latest filing
The long view
Fiscal years as reported · SEC XBRL filings, IFRS
Revenue and net income4 fiscal yearsShow the numbers
| Year | Revenue | Net income |
|---|
| FY25 | €2.6B | −€95M |
|---|
| FY24 | €2B | €15M |
|---|
| FY23 | €2B | −€905M |
|---|
| FY22 | - | - |
|---|
MarginsShare of revenue- Gross margin
- Operating margin
- Net margin
Show the numbers
| Year | Gross margin | Operating margin | Net margin |
|---|
| FY25 | 71.3% | 2.4% | −3.6% |
|---|
| FY24 | 77% | 3.2% | 0.7% |
|---|
| FY23 | 78.1% | −33.8% | −44.6% |
|---|
| FY22 | - | - | - |
|---|
Free cash flowOperating cash flow minus capital expenditureShow the numbers
| Year | Free cash flow |
|---|
| FY25 | €386M |
|---|
| FY24 | €726M |
|---|
| FY23 | €3.1B |
|---|
| FY22 | - |
|---|
Returned to shareholdersDividends paid and shares bought backShow the numbers
| Year | Dividends | Buybacks |
|---|
| FY25 | €207M | - |
|---|
| FY24 | €320M | €128M |
|---|
| FY23 | €220M | €22M |
|---|
| FY22 | - | - |
|---|
Net margin vs the sectorMedian of Communication Services companies filing with the SEC- Ses S.A.
- Communication Services median
Show the numbers
| Year | Ses S.A. | Communication Services median |
|---|
| FY25 | −3.6% | −0.1% |
|---|
| FY24 | 0.7% | 0.3% |
|---|
| FY23 | −44.6% | −0.2% |
|---|
| FY22 | - | 4.2% |
|---|
News
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