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SES AI Corporation(SES)Earnings, Financials & Key Ratios
SES•NYSE
$0.98
$317M mkt cap·Price updated May 6, 2026
SectorConsumer CyclicalIndustryAuto Parts & EquipmentSub-IndustryElectrified Powertrain and Batteries
AboutSES AI Corporation engages in the development and production of high-performance Lithium-metal rechargeable batteries for electric vehicles and other applications. The company was founded in 2012 and is headquartered in Boston, Massachusetts.Show more
- Revenue$21M+929.4%
- EBITDA-$72M+28.4%
- Net Income-$73M+27.1%
- EPS (Diluted)-0.22+29.0%
- Gross Margin53.84%-14.7%
- EBITDA Margin-344.38%+93.0%
- Operating Margin-393.4%+92.7%
- Net Margin-347.81%+92.9%
- ROE-29.63%+5.8%
- ROIC-35.07%+4.3%
- Debt/Equity0.04-0.5%
SES Key Insights
SES AI Corporation (SES) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Company is almost debt free
✗Weaknesses
- ✗Profits declining 39.4% over 5 years
- ✗Negative free cash flow
- ✗Weak momentum: RS Rating 9 (bottom 9%)
- ✗Trading more than 30% below 52-week high
- ✗Low asset turnover indicates capital-intensive operations
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
SES Price & Volume
SES AI Corporation (SES) stock price & volume — 10-year historical chart
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SES Growth Metrics
SES AI Corporation (SES) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years3.07%
5 Years-
3 Years-
TTM179.82%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM25.09%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM26.57%
Return on Capital
10 Years-46.81%
5 Years-27.7%
3 Years-26.87%
Last Year-29.75%
SES Recent Earnings
SES AI Corporation (SES) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 5/12 qtrs (42%)●Beat Revenue 4/12 qtrs (67%)
Q2 2026Latest
Apr 23, 2026EPS
$0.03
Est $0.01
-200.0%
Revenue
$7M
Est $4M
+83.8%
Q2 2026
Mar 4, 2026EPS
$0.04
Est $0.06
+33.3%
Revenue
$5M
Est $7M
-34.0%
Q4 2025
Nov 5, 2025EPS
$0.06
Est $0.03
-100.0%
Revenue
$7M
Est $5M
+55.3%
Q3 2025
Aug 4, 2025EPS
$0.07
Est $0.05
-40.0%
Revenue
$4M
Est $5M
-27.0%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 23, 2026 | $0.03vs $0.01-200.0% | $7Mvs $4M+83.8% |
| Q2 2026 | Mar 4, 2026 | $0.04vs $0.06+33.3% | $5Mvs $7M-34.0% |
| Q4 2025 | Nov 5, 2025 | $0.06vs $0.03-100.0% | $7Mvs $5M+55.3% |
| Q3 2025 | Aug 4, 2025 | $0.07vs $0.05-40.0% | $4Mvs $5M-27.0% |
Based on last 12 quarters of dataView full earnings history →
SES Peer Comparison
SES AI Corporation (SES) competitors in Electrified Powertrain and Batteries — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 QS | 4.87B | 7.95 | -10.46 | -37.3% | 0.06 | |||
 SLDP | 726.87K | 3.35 | -6.56 | 7.98% | -5.12% | -21.56% | 0.02 | |
 MVST | 633.36M | 1.96 | -21.78 | 12.56% | -6.83% | -7.4% | 0.45 | |
 CBAT | 70.85M | 0.79 | 6.08 | -13.61% | -4.03% | -5.5% | 0.25 | |
 AMPX | 3.04B | 22.19 | -63.40 | 202.11% | -60.3% | -49.74% | 0.38 | |
 ALB | 22.7B | 192.61 | -33.50 | -4.37% | -5% | -2.7% | 0.34 | |
 LAC | 1.45B | 5.99 | -28.52 | -26.94% | 0.02 | |||
 MP | 12.91B | 72.65 | -145.30 | 35.12% | -31.18% | -5.04% | 0.44 |
Compare SES vs Peers
SES AI Corporation (SES) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
SES Income Statement
SES AI Corporation (SES) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Jun'17 | Jun'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 151K | 1.51M | 0 | 0 | 0 | 0 | 0 | 2.04M | 21M | 21.92M |
| Revenue Growth % | -76.77% | 898.01% | -100% | - | - | - | - | - | 929.41% | 179.82% |
| Cost of Goods Sold | 142K | 413K | 0 | 0 | 1.66M | 2.6M | 5.54M | 752K | 9.69M | 13.95M |
| COGS % of Revenue | 94.04% | 27.41% | - | - | - | - | - | 36.86% | 46.16% | - |
| Gross Profit | 9K▲ 0% | 1.09M▲ 12055.6% | 0▼ 100.0% | 0▲ 0% | -1.66M▲ 0% | -2.6M▼ 56.2% | -5.54M▼ 113.4% | 1.29M▲ 123.2% | 11.31M▲ 777.9% | 7.96M▲ 0% |
| Gross Margin % | 5.96% | 72.59% | - | - | - | - | - | 63.14% | 53.84% | 36.34% |
| Gross Profit Growth % | -97.95% | 12055.56% | -100% | - | - | -56.2% | -113.44% | 123.24% | 777.87% | - |
| Operating Expenses | 28.09M | 9.56M | 15.29M | 13.9M | 32.01M | 79.57M | 78.16M | 110.54M | 93.92M | 85.17M |
| OpEx % of Revenue | 18601.99% | 634.11% | - | - | - | - | - | 5418.43% | 447.24% | - |
| Selling, General & Admin | 10.32M | 7.71M | 4.78M | 4.46M | 16.49M | 51.61M | 47.48M | 38.4M | 26.88M | 27.61M |
| SG&A % of Revenue | 6836.42% | 511.48% | - | - | - | - | - | 1882.11% | 127.98% | - |
| Research & Development | 0 | 0 | 10.51M | 9.44M | 15.51M | 27.97M | 30.68M | 72.14M | 67.05M | 57.57M |
| R&D % of Revenue | - | - | - | - | - | - | - | 3536.32% | 319.26% | - |
| Other Operating Expenses | 17.77M | 1.85M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -26.92M▲ 0% | -8.86M▲ 67.1% | -15.29M▼ 72.5% | -13.9M▲ 9.1% | -32.01M▼ 130.2% | -79.57M▼ 148.6% | -78.16M▲ 1.8% | -109.25M▼ 39.8% | -82.61M▲ 24.4% | -77.21M▲ 0% |
| Operating Margin % | -17829.8% | -588.19% | - | - | - | - | - | -5355.29% | -393.4% | -352.27% |
| Operating Income Growth % | -18.95% | 67.08% | -72.5% | 9.07% | -130.21% | -148.62% | 1.78% | -39.78% | 24.38% | - |
| EBITDA | -26.86M | -8.83M | -14.37M | -12.2M | -30.34M | -76.98M | -72.62M | -100.94M | -72.32M | -66.75M |
| EBITDA Margin % | -17786.09% | -585.73% | - | - | - | - | - | -4948.04% | -344.38% | -304.56% |
| EBITDA Growth % | -23.4% | 67.13% | -62.82% | 15.13% | -148.78% | -153.68% | 5.66% | -39% | 28.35% | 34.65% |
| D&A (Non-Cash Add-back) | 66K | 37K | 918K | 1.71M | 1.66M | 2.6M | 5.54M | 8.31M | 10.29M | 10.46M |
| EBIT | -28.88M | -8.87M | -15.29M | -13.9M | -32.01M | -79.57M | -78.16M | -109.25M | -82.61M | -78.56M |
| Net Interest Income | 0 | 0 | 684K | 76K | 248K | 6.2M | 16.68M | 15.04M | 9.34M | 8.36M |
| Interest Income | 0 | 0 | 684K | 76K | 248K | 6.2M | 16.68M | 15.04M | 9.34M | 8.36M |
| Interest Expense | -400K | 869K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | -1.56M | -870K | 696K | 21K | 776K | 29.84M | 23.91M | 9.25M | 9.8M | 5.14M |
| Pretax Income | -28.48M▲ 0% | -9.73M▲ 65.8% | -14.59M▼ 49.9% | -13.88M▲ 4.9% | -31.23M▼ 125.0% | -49.74M▼ 59.3% | -54.25M▼ 9.1% | -100M▼ 84.3% | -72.81M▲ 27.2% | -72.06M▲ 0% |
| Pretax Margin % | -18860.93% | -645.92% | - | - | - | - | - | -4901.81% | -346.71% | -328.79% |
| Income Tax | -400K | -129K | 108K | 7K | 25K | 1.25M | -853K | 188K | 231K | 641K |
| Effective Tax Rate % | 1.4% | 1.33% | -0.74% | -0.05% | -0.08% | -2.52% | 1.57% | -0.19% | -0.32% | -0.89% |
| Net Income | -28.08M▲ 0% | -9.61M▲ 65.8% | -14.7M▼ 53.1% | -13.89M▲ 5.5% | -31.25M▼ 125.0% | -50.99M▼ 63.2% | -53.4M▼ 4.7% | -100.19M▼ 87.6% | -73.04M▲ 27.1% | -72.71M▲ 0% |
| Net Margin % | -18596.03% | -637.36% | - | - | - | - | - | -4911.03% | -347.81% | -331.72% |
| Net Income Growth % | -34.72% | 65.79% | -53.07% | 5.53% | -125.03% | -63.15% | -4.72% | -87.61% | 27.09% | 25.09% |
| Net Income (Continuing) | -28.08M | -9.61M | -14.7M | -13.89M | -31.25M | -50.99M | -53.4M | -100.19M | -73.04M | -72.71M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -20.62▲ 0% | -7.01▲ 66.0% | -0.04▲ 99.4% | -0.04▲ 5.7% | -0.51▼ 1178.2% | -0.18▲ 64.7% | -0.17▲ 5.6% | -0.31▼ 82.4% | -0.22▲ 29.0% | -0.22▲ 0% |
| EPS Growth % | -34.16% | 66% | 99.4% | 5.67% | -1178.2% | 64.71% | 5.56% | -82.35% | 29.03% | 26.57% |
| EPS (Basic) | -20.62 | -7.01 | -0.04 | -0.04 | -0.51 | -0.18 | -0.17 | -0.31 | -0.22 | - |
| Diluted Shares Outstanding | 1.36M | 1.37M | 347.87M | 347.87M | 61.09M | 288.3M | 315.05M | 321.82M | 330.92M | 332.84M |
| Basic Shares Outstanding | 1.36M | 1.37M | 347.87M | 347.87M | 61.09M | 288.3M | 315.05M | 321.82M | 330.92M | 332.84M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
SES Balance Sheet
SES AI Corporation (SES) balance sheet — assets, liabilities & shareholders' equity
| Line item | Jun'17 | Jun'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 5.74M | 8.08M | 25.89M | 15.1M | 169.97M | 396.64M | 348.63M | 276.9M | 216.28M | 200.57M |
| Cash & Short-Term Investments | 4.99M | 7.07M | 25.4M | 14.73M | 160.5M | 390.08M | 332.45M | 262.54M | 199.63M | 177.68M |
| Cash Only | 4.99M | 7.07M | 25.4M | 2.44M | 160.5M | 106.62M | 85.67M | 128.8M | 29.54M | 46.94M |
| Short-Term Investments | 0 | 0 | 0 | 12.29M | 0 | 283.46M | 246.78M | 133.75M | 170.09M | 130.74M |
| Accounts Receivable | 27K | 167K | 359K | 0 | 7.91M | 2.38M | 3.91M | 950K | 4.78M | 8.18M |
| Days Sales Outstanding | 65.26 | 40.45 | - | - | - | - | - | 169.98 | 83.13 | 80.55 |
| Inventory | 43K | 42K | 0 | 0 | 0 | 383K | 558K | 212K | 5.15M | 6.96M |
| Days Inventory Outstanding | 110.53 | 37.12 | - | - | - | 53.85 | 36.76 | 102.9 | 194.08 | 103.89 |
| Other Current Assets | 678K | 797K | -359K | 0 | 954.1K | 3.79M | 11.71M | 13.2M | 6.71M | 0 |
| Total Non-Current Assets | 9.59M | 6.24M | 10.54M | 9.49M | 23.38M | 43.8M | 58.18M | 52.88M | 56.37M | 52.95M |
| Property, Plant & Equipment | 24K | 10K | 7.18M | 6.04M | 12.49M | 39.12M | 51.06M | 48.09M | 36.5M | 26.32M |
| Fixed Asset Turnover | 6.29x | 150.70x | - | - | - | - | - | 0.04x | 0.58x | 0.61x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13.27M | 13.27M |
| Intangible Assets | 984K | 1.04M | 1.86M | 1.73M | 1.63M | 1.47M | 1.34M | 1.22M | 2.81M | 2.75M |
| Long-Term Investments | 8.54M | 5.04M | 17K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 43K | 153K | 1.48M | 1.71M | 9.26M | 3.21M | 4.72M | 2.24M | 2.26M | 17.24M |
| Total Assets | 15.33M▲ 0% | 14.31M▼ 6.6% | 36.43M▲ 154.5% | 24.59M▼ 32.5% | 193.35M▲ 686.3% | 440.44M▲ 127.8% | 406.81M▼ 7.6% | 329.79M▼ 18.9% | 272.65M▼ 17.3% | 253.52M▲ 0% |
| Asset Turnover | 0.01x | 0.11x | - | - | - | - | - | 0.01x | 0.08x | 0.08x |
| Asset Growth % | -72.23% | -6.6% | 154.48% | -32.5% | 686.34% | 127.79% | -7.64% | -18.93% | -17.33% | -73.1% |
| Total Current Liabilities | 1.76M | 1.68M | 2.24M | 3.88M | 10.98M | 19.36M | 20.36M | 22.82M | 24.16M | 29.24M |
| Accounts Payable | 455K | 496K | 640K | 1.03M | 4.71M | 6.19M | 4.83M | 1.9M | 5.69M | 5.92M |
| Days Payables Outstanding | 1.17K | 438.35 | - | - | 1.03K | 869.9 | 318.16 | 922.69 | 214.41 | 120.16 |
| Short-Term Debt | 0 | 0 | 0 | 840K | 0 | 1.9M | 2.4M | 2.58M | 2.3M | 0 |
| Deferred Revenue (Current) | 0 | 206K | 0 | 0 | 0 | 4.19M | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 1.31M | 979K | 1.16M | 1.82M | 853K | 2.19M | 9.16M | 15.43M | 15.67M | 8.03M |
| Current Ratio | 3.25x | 4.80x | 11.56x | 3.90x | 15.47x | 20.49x | 17.13x | 12.14x | 8.95x | 8.95x |
| Quick Ratio | 3.23x | 4.78x | 11.56x | 3.90x | 15.47x | 20.47x | 17.10x | 12.13x | 8.74x | 8.74x |
| Cash Conversion Cycle | -993.75 | -360.79 | - | - | - | - | - | -649.82 | 62.8 | 64.28 |
| Total Non-Current Liabilities | -724K | 7.28M | 82.71M | 82.78M | 270.69M | 29.54M | 27.5M | 28.66M | 33.73M | 21.03M |
| Long-Term Debt | 0 | 5.39M | 18.71M | 0 | 1.15M | 0 | 0 | 0 | 5.81M | 0 |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 10.16M | 11.32M | 7.98M | 0 | 24M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | -724K | 1.89M | 82.71M | 82.78M | 269.54M | 12.72M | 6.92M | 12.08M | 27.92M | 66.3M |
| Total Liabilities | 1.04M | 8.96M | 84.95M | 86.66M | 281.68M | 48.9M | 47.86M | 51.48M | 57.89M | 50.27M |
| Total Debt | 0 | 5.39M | 18.71M | 840K | 1.15M | 12.06M | 13.72M | 10.56M | 8.11M | 7.01M |
| Net Debt | -4.99M | -1.68M | -25.4M | -1.6M | -159.34M | -94.56M | -71.95M | -118.23M | -21.43M | -39.92M |
| Debt / Equity | - | 1.01x | - | - | - | 0.03x | 0.04x | 0.04x | 0.04x | 0.04x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | -0.11x |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | 0.60x |
| Interest Coverage | -72.20x | -10.20x | - | - | - | - | - | - | - | - |
| Total Equity | 14.29M▲ 0% | 5.35M▼ 62.5% | -48.52M▼ 1006.6% | -62.07M▼ 27.9% | -88.32M▼ 42.3% | 391.54M▲ 543.3% | 358.95M▼ 8.3% | 278.31M▼ 22.5% | 214.75M▼ 22.8% | 203.25M▲ 0% |
| Equity Growth % | -65.78% | -62.53% | -1006.61% | -27.92% | -42.3% | 543.31% | -8.32% | -22.47% | -22.84% | -98.57% |
| Book Value per Share | 10.49 | 3.91 | -0.14 | -0.18 | -1.45 | 1.36 | 1.14 | 0.86 | 0.65 | 0.61 |
| Total Shareholders' Equity | 14.29M | 5.35M | -48.52M | -62.07M | -88.32M | 391.54M | 358.95M | 278.31M | 214.75M | 203.25M |
| Common Stock | 109K | 110K | 16K | 690 | 6K | 35K | 35K | 36K | 37K | 37K |
| Retained Earnings | -250.46M | -260.07M | -49.15M | -63.04M | -94.29M | -145.29M | -198.69M | -298.87M | -371.91M | -384.01M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -1.64M | -1.66M | -55K | 133K | 367K | -1.25M | -1.61M | -2.23M | -1.73M | -1.24M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
SES Cash Flow Statement
SES AI Corporation (SES) cash flow — operating, investing & free cash flow history
| Line item | Jun'17 | Jun'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -8.51M | -6.12M | -14.27M | -11.01M | -29.99M | -46.5M | -56.41M | -66.09M | -58.36M | -58.36M |
| Operating CF Margin % | -5637.75% | -406.1% | - | - | - | - | - | -3239.51% | -277.91% | - |
| Operating CF Growth % | 0.54% | 28.11% | -133.19% | 22.86% | -172.42% | -55.05% | -21.32% | -17.15% | 11.69% | 118.13% |
| Net Income | -26.52M | -9.6M | -14.7M | -13.89M | -31.25M | -50.38M | -53.4M | -100.19M | -73.04M | -72.71M |
| Depreciation & Amortization | 66K | 37K | 918K | 1.71M | 1.66M | 2.6M | 5.54M | 8.31M | 10.29M | 5.4M |
| Stock-Based Compensation | 0 | 0 | 123K | 154K | 4.57M | 22.77M | 20.65M | 19.93M | 10.97M | 3.71M |
| Deferred Taxes | 0 | 0 | 487 | -25K | -840K | 0 | -1.06M | 0 | -137K | -137K |
| Other Non-Cash Items | 14.67M | -236K | -487 | 25K | 95K | -27.29M | -17.03M | -2.53M | -2.98M | 11.22M |
| Working Capital Changes | 1.58M | 2.42M | -610K | 1.02M | -4.22M | 5.8M | -11.11M | 8.39M | -3.47M | -2.92M |
| Change in Receivables | -140K | -272K | 0 | 0 | -7.91M | 5.53M | -1.53M | 2.96M | -2.63M | -5.45M |
| Change in Inventory | 1K | 43K | 0 | 0 | 7.91M | -383K | -184K | 330K | -1.03M | -2.85M |
| Change in Payables | 118K | 422K | -188K | 608K | 1.29M | -3.98M | -62K | -72K | 1.04M | 1.56M |
| Cash from Investing | -397K | 1.13M | -4.61M | -13.27M | 3.31M | -296.01M | 32.72M | 108.19M | -39.19M | 48.86M |
| Capital Expenditures | -5K | -5K | -4.61M | -982K | -8.98M | -14.65M | -15.76M | -12.21M | -2.86M | -2.33M |
| CapEx % of Revenue | 3.31% | 0.33% | - | - | - | - | - | 598.33% | 13.61% | - |
| Acquisitions | 0 | 0 | 0 | 12.29K | 275.97M | -2.35M | 0 | 0 | -3.03M | -3.03M |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -392K | 1.13M | 0 | -12.29K | -275.97M | 2.35M | 0 | 7.21M | 3.13M | 1.24M |
| Cash from Financing | 2.05M | 122K | 1.14M | 840K | 184.76M | 289.93M | 3.27M | 1.01M | -1.96M | -3.96M |
| Debt Issued (Net) | 0 | 0 | 0 | 840K | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 0 | 0 | 1.13M | 0 | 471.42M | 283.27M | 524K | 1.01M | -1.53M | -3.59M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 1.28M | 122K | 0 | 0 | 0 | 0 | 0 | 0 | -1.6M | -3.7M |
| Other Financing | 2.05M | 122K | 17K | 0 | -286.66M | 6.66M | 2.75M | 0 | -433K | -374.41K |
| Net Change in Cash | -8.82M▲ 0% | 2.08M▲ 123.6% | -17.8M▼ 954.5% | -23.25M▼ 30.6% | 158.32M▲ 780.8% | -53.11M▼ 133.5% | -20.97M▲ 60.5% | 42.43M▲ 302.3% | -99.18M▼ 333.8% | -9.17M▲ 0% |
| Free Cash Flow | -8.52M▲ 0% | -6.13M▲ 28.1% | -18.88M▼ 208.2% | -11.99M▲ 36.5% | -38.97M▼ 225.0% | -61.15M▼ 56.9% | -72.17M▼ 18.0% | -78.29M▼ 8.5% | -61.22M▲ 21.8% | -57.71M▲ 0% |
| FCF Margin % | -5641.06% | -406.44% | - | - | - | - | - | -3837.84% | -291.52% | -263.29% |
| FCF Growth % | 0.79% | 28.09% | -208.24% | 36.49% | -224.98% | -56.93% | -18.02% | -8.48% | 21.81% | 32.98% |
| FCF per Share | -6.26 | -4.47 | -0.05 | -0.03 | -0.64 | -0.21 | -0.23 | -0.24 | -0.19 | -0.19 |
| FCF Conversion (FCF/Net Income) | 0.30x | 0.64x | 0.97x | 0.79x | 0.96x | 0.91x | 1.06x | 0.66x | 0.80x | 0.79x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 222K | 286K | 0 | 0 |
SES Key Ratios
SES AI Corporation (SES) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -100.24% | -97.83% | - | - | - | -33.63% | -14.23% | -31.44% | -29.63% | -32.48% |
| Return on Invested Capital (ROIC) | -108.46% | -102.53% | - | - | - | -242.04% | -20.08% | -36.65% | -35.07% | -35.07% |
| Gross Margin | 5.96% | 72.59% | - | - | - | - | - | 63.14% | 53.84% | 36.34% |
| Net Margin | -18596.03% | -637.36% | - | - | - | - | - | -4911.03% | -347.81% | -331.72% |
| Debt / Equity | - | 1.01x | - | - | - | 0.03x | 0.04x | 0.04x | 0.04x | 0.04x |
| Interest Coverage | -72.20x | -10.20x | - | - | - | - | - | - | - | - |
| FCF Conversion | 0.30x | 0.64x | 0.97x | 0.79x | 0.96x | 0.91x | 1.06x | 0.66x | 0.80x | 0.79x |
| Revenue Growth | -76.77% | 898.01% | -100% | - | - | - | - | - | 929.41% | 179.82% |
SES SEC Filings & Documents
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Growth & Financials
SES AI Corporation (SES) reported $21.9M in revenue for fiscal year 2025. This represents a 6542% increase from $0.3M in 2008.
SES AI Corporation (SES) grew revenue by 929.4% over the past year. This is strong growth.
SES AI Corporation (SES) reported a net loss of $72.7M for fiscal year 2025.
Dividend & Returns
SES AI Corporation (SES) has a return on equity (ROE) of -29.6%. Negative ROE indicates the company is unprofitable.
SES AI Corporation (SES) had negative free cash flow of $57.7M in fiscal year 2025, likely due to heavy capital investments.
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