Text-to-video (T2V) generation models have made significant progress in creating visually appealing videos. However, they struggle with generating coherent sequential narratives that require logical progression through multiple events. Existing T2V benchmarks primarily focus on visual quality metrics but fail to evaluate narrative coherence over extended sequences. To bridge this gap, we present SeqBench, a comprehensive benchmark for evaluating sequential narrative coherence in T2V generation. SeqBench includes a carefully designed dataset of 320 prompts spanning various narrative complexities, with 2,560 human-annotated videos generated from 8 state-of-the-art T2V models. Additionally, we design a Dynamic Temporal Graphs (DTG)-based automatic evaluation metric, which can efficiently capture long-range dependencies and temporal ordering while maintaining computational efficiency. Our DTG-based metric demonstrates a strong correlation with human annotations. Through systematic evaluation using SeqBench, we reveal critical limitations in current T2V models: failure to maintain consistent object states across multi-action sequences, physically implausible results in multi-object scenarios, and difficulties in preserving realistic timing and ordering relationships between sequential actions. SeqBench provides the first systematic framework for evaluating narrative coherence in T2V generation and offers concrete insights for improving sequential reasoning capabilities in future models. Please refer to https://videobench.github.io/SeqBench.github.io/ for more details.