SES AI Corp
About SES AI Corp
SES AI Corp is a developer and manufacturer of rechargeable battery technologies and battery materials for Energy Storage Systems (ESS), Urban Air Mobility (UAM), drones, robotics, electric vehicles (EVs), and other applications. For Enery Storage Systems, the company supplies hardware and software solutions with battery health and safety management software powered by its AI-based platform, Molecular Universe. Additionally, it offers battery materials and high-energy and power-density Li-Metal and Li-ion cells, which can be used for drones, UAM, robotics, and EV applications. The company also offers access to Molecular Universe as a software product. Currently, it generates maximum revenue from the development of Li-ion and Li-Metal battery materials as per the client's specifications.
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Financial summary
- Revenue FY2025
- $21.0M
- Net income
- -$73.0M
- Total assets
- $272.6M
- Market cap
- $435.8M
- Gross margin
- 53.8%
- Operating margin
- -393.4%
- Net margin
- -347.8%
Source: SEC EDGAR · updated Jun 8, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $21.0M
- Cost of revenue
- $9.7M
- Gross profit
- $11.3M
- Operating expenses
- $93.9M
- Operating income
- -$82.6M
- Income tax
- $231.0K
- Net income
- -$73.0M
- EPS (basic)
- $-0.22
- EPS (diluted)
- $-0.22
Balance sheet
- Total assets
- $272.6M
- Current assets
- $216.3M
- Total liabilities
- $57.9M
- Current liabilities
- $24.2M
- Shareholders’ equity
- $214.8M
Cash flow
- Operating cash flow
- -$58.4M
- Investing cash flow
- -$39.2M
- Financing cash flow
- -$2.0M
- Net cash flow
- -$99.2M
Statements via Polygon.io (SEC filings)
- Market cap
- $435.8M
- EPS (diluted)
- $-0.22
- Shares outstanding
- 389.1M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Feb 4, 2022
Market data by Polygon.io · prices are 15-minute delayed
At a glance
- Reported a net loss of $73.0M in FY2025.
- Gross margin of 53.8%, net margin -347.8%.
- Trading 68% below its 52-week high.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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