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Side-by-side financial comparison of Lucas GC Ltd (LGCL) and SES AI Corp (SES). Click either name above to swap in a different company.

Lucas GC Ltd is the larger business by last-quarter revenue ($7.5M vs $4.6M, roughly 1.6× SES AI Corp). Lucas GC Ltd runs the higher net margin — 5.6% vs -373.5%, a 379.0% gap on every dollar of revenue.

SES S.A. is a Luxembourgish communications satellite operator supplying video and data connectivity worldwide to broadcasters, content and internet service providers, mobile and fixed network operators, governments and institutions.

LGCL vs SES — Head-to-Head

Bigger by revenue
LGCL
LGCL
1.6× larger
LGCL
$7.5M
$4.6M
SES
Higher net margin
LGCL
LGCL
379.0% more per $
LGCL
5.6%
-373.5%
SES

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
LGCL
LGCL
SES
SES
Revenue
$7.5M
$4.6M
Net Profit
$414.1K
$-17.0M
Gross Margin
33.7%
11.3%
Operating Margin
4.0%
-387.7%
Net Margin
5.6%
-373.5%
Revenue YoY
Net Profit YoY
50.7%
EPS (diluted)
$0.20
$-0.05

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
LGCL
LGCL
SES
SES
Q4 25
$4.6M
Q3 25
$7.1M
Q2 25
$7.5M
$3.5M
Q1 25
$5.8M
Q2 24
$11.5M
Net Profit
LGCL
LGCL
SES
SES
Q4 25
$-17.0M
Q3 25
$-20.9M
Q2 25
$414.1K
$-22.7M
Q1 25
$-12.4M
Q2 24
$1.0M
Gross Margin
LGCL
LGCL
SES
SES
Q4 25
11.3%
Q3 25
51.1%
Q2 25
33.7%
73.7%
Q1 25
78.7%
Q2 24
33.5%
Operating Margin
LGCL
LGCL
SES
SES
Q4 25
-387.7%
Q3 25
-262.0%
Q2 25
4.0%
-652.3%
Q1 25
-401.7%
Q2 24
8.8%
Net Margin
LGCL
LGCL
SES
SES
Q4 25
-373.5%
Q3 25
-293.9%
Q2 25
5.6%
-642.2%
Q1 25
-214.6%
Q2 24
8.9%
EPS (diluted)
LGCL
LGCL
SES
SES
Q4 25
$-0.05
Q3 25
$-0.06
Q2 25
$0.20
$-0.07
Q1 25
$-0.04
Q2 24
$0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
LGCL
LGCL
SES
SES
Cash + ST InvestmentsLiquidity on hand
$606.9K
$29.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$6.3M
$214.8M
Total Assets
$8.8M
$272.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LGCL
LGCL
SES
SES
Q4 25
$29.5M
Q3 25
$35.3M
Q2 25
$606.9K
$11.8M
Q1 25
$56.1M
Q2 24
$978.1K
Stockholders' Equity
LGCL
LGCL
SES
SES
Q4 25
$214.8M
Q3 25
$228.2M
Q2 25
$6.3M
$249.2M
Q1 25
$269.9M
Q2 24
$5.3M
Total Assets
LGCL
LGCL
SES
SES
Q4 25
$272.6M
Q3 25
$288.8M
Q2 25
$8.8M
$290.5M
Q1 25
$306.0M
Q2 24
$7.8M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
LGCL
LGCL
SES
SES
Operating Cash FlowLast quarter
$-10.4M
Free Cash FlowOCF − Capex
$-11.1M
FCF MarginFCF / Revenue
-243.7%
Capex IntensityCapex / Revenue
15.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-61.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LGCL
LGCL
SES
SES
Q4 25
$-10.4M
Q3 25
$-14.3M
Q2 25
$-10.8M
Q1 25
$-22.8M
Q2 24
Free Cash Flow
LGCL
LGCL
SES
SES
Q4 25
$-11.1M
Q3 25
$-14.7M
Q2 25
$-11.6M
Q1 25
$-23.7M
Q2 24
FCF Margin
LGCL
LGCL
SES
SES
Q4 25
-243.7%
Q3 25
-206.9%
Q2 25
-329.6%
Q1 25
-410.0%
Q2 24
Capex Intensity
LGCL
LGCL
SES
SES
Q4 25
15.6%
Q3 25
6.0%
Q2 25
22.8%
Q1 25
15.8%
Q2 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

LGCL
LGCL

Recruitment service$4.4M60%
Others$2.9M39%

SES
SES

Segment breakdown not available.

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