Overview
- SES reported Q1 2026 revenue of €847 million, up 80% at constant currency, and reaffirmed full‑year guidance.
- The quarter was the first to fully include Intelsat, and SES recorded a €16 million net loss due to higher depreciation and financing costs from the acquisition.
- Aviation led growth with nearly 600 aircraft using SES’s multi‑orbit inflight internet and new commitments for more than 40 Japan Airlines long‑haul jets.
- SES said it hit a milestone with Boeing toward factory line‑fit installation, which puts connectivity hardware into new planes at build and avoids downtime for retrofits.
- European public‑sector work advanced as SES extended the EGNOS GEO‑1 navigation service through 2030 and progressed IRIS² orders with the European Commission, supporting precise aviation guidance and EU sovereign connectivity goals.