SES Q1 2026 adjusted net profit drops 66.5% to €14 million

  • SES posted Q1 2026 revenue of €847 million, up 66.6% year on year, while net profit attributable to owners swung to a loss of €16 million.
  • Adjusted EBITDA rose 44.2% to €404 million, with adjusted net profit down 66.5% to €14 million.
  • Networks revenue climbed to €556 million, more than doubled year on year, while Media revenue increased 42.9% to €285 million.
  • O3b mPOWER satellites 9 and 10 started serving customers from February, with satellites 11-13 slated to launch in H2 2026.
  • 2026 outlook was reiterated, with revenue and adjusted EBITDA expected to be stable year on year on a like-for-like basis.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SES SA published the original content used to generate this news brief on May 12, 2026, and is solely responsible for the information contained therein.