SES AI Corporation

SES AI Corporation

SES
SES AI CorporationUS flagNew York Stock Exchange
0.52
USD
+0.00
- -
188.80MMarket Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
0.01
0.06
0.07
Basic EPS, GAAP
-0.04
-0.04
-0.09
-0.18
-0.17
-0.31
-0.22
-0.2
Free Cash Flow per Basic Share
-0.05
-0.03
-0.11
-0.21
-0.23
-0.24
-0.19
-0.18
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-0.14
-0.18
-0.25
1.12
1.01
0.77
0.59
0.5
Tangible Book Value per Share
-0.14
-0.18
-0.26
1.12
1.01
0.77
0.54
0.46
Basic Weighted Avg Shares
348
348
348
288
315
322
331
333
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
2
21
23
Operating Margin (%)
- -
- -
- -
- -
- -
-5,355.29
-393.4
-312.83
Depreciation Expense
1
2
2
3
6
8
10
11
Net Income, GAAP
-15
-14
-31
-51
-53
-100
-73
-68
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
-4,911.03
-347.81
-289.64
Working Capital
24
11
159
377
328
254
192
157
LT Debt
- -
- -
- -
10
11
8
6
5
Total Equity
-49
-62
-88
392
359
278
215
187
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
-14.23
-31.44
-29.63
-31.15

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
3
2
2
LT Borrowings
- -
- -
- -
LT Finance Leases
6
5
5
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
365
369
371
Market Capitalization
658
355
356

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
216
201
186
Cash, Cash Equivalents & STI
200
178
163
Accounts Receivable, Net
5
8
8
Inventories
5
7
8
Total Current Liabilities
24
29
29
Payables & Accruals
8
8
8
ST Debt
3
2
2
Deferred Revenue
- -
- -
2

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-110.93%
-22.84%
Free Cash Flow
- -
57.32%
-21.81%
Net Income, GAAP
- -
50.68%
-27.09%
Sales/Revenue/Turnover
- -
- -
929.41%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
2
2
2025
6
4
7
5
21
2026
7
5
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.05
-0.06
-0.09
-0.11
-0.31
2025
-0.04
-0.07
-0.06
-0.05
-0.22
2026
-0.04
-0.05
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Qichao Hu
Full Time Employees
215
Sector
Consumer Cyclical
Industry
Auto - Parts
Address
35 Cabot Road Woburn MA United States of America 01801
IPO Date
Mar 1, 2021
Website
ses.ai
Business
SES AI Corporation specializes in the design, development, and manufacturing of high-performance lithium-metal rechargeable batteries primarily for electric vehicles (EVs), drones, robotics, energy storage systems, and urban air mobility applications. Its core product portfolio includes advanced lithium-metal battery cells and packs featuring AI-enhanced electrolyte materials and proprietary battery safety and management technologies, targeting high energy density and power density with AI-driven optimization across materials discovery, cell design, battery health monitoring, and recycling. The company also delivers modular scalable battery pack architectures alongside technical support, custom design consultation, and performance optimization services. SES operates globally with headquarters in Woburn, Massachusetts, and significant operations in Singapore, Shanghai, and Seoul. Founded in 2012 by Qichao Hu, SES AI has strategically expanded its market reach and technological capabilities. Recently, in 2024, SES AI finalized the acquisition of UZ Energy, enhancing its position in the global energy storage systems market with a broader hardware platform and customer base across Australia, Europe, Asia, and North America. Additionally, SES AI launched the Apollo large-format 100Ah lithium-metal cells aimed at electric vehicles and unveiled an AI-enhanced 2170 cylindrical cell for robotics and drone applications at CES 2025. The company also initiated a $30 million share repurchase program in 2025, reflecting confidence in its revenue growth trajectory and financial health. SES AI maintains joint development agreements with leading automotive partners such as Honda and Hyundai to advance battery technology, positioning itself at the forefront of the energy transition through innovative AI-powered battery solutions for a range of transportation and storage applications worldwide.

Company News

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  • SES Expands into Global Direct-to-Device Services through Strategic Collaboration with Elveo Mobile

  • SES AI: The Selloff Has Changed The Risk-Reward Equation

  • NYSE to Commence Delisting Proceedings with Respect to Warrants of SES AI Corporation (SES WS)

  • SES AI Appoints Paul Diemer to Board of Directors

  • Stonegate Updates Coverage on SES AI Corp. (SES) 2Q26

  • SES AI's UZ Energy Becomes Sol-Ark® Certified Battery Partner

  • SES AI Corporation (SES) Q2 2026 Earnings Call Transcript

  • SES AI Q2 Earnings Call Highlights

  • SES AI Corporation (SES) Reports Q2 Loss, Lags Revenue Estimates

  • SES AI Reports Second Quarter 2026 Financial Results

  • SES Advances Next-generation MEO Strategy Following Successful Completion of IRIS² Rendez-vous 1

  • SES AI CORPORATION (NYSE: SES) SHAREHOLDER INVESTIGATION ALERT: Bernstein Liebhard Investigates Potential Breaches of Fiduciary Duty

  • SES AI Corporation (SES) Expected to Beat Earnings Estimates: Should You Buy?

  • SES AI Enters into Framework Agreement with Doroni Aerospace to Design and Develop a Battery Pack for Doroni Aerospace's H1-X Personal eVTOL

  • SES AI Enters into Framework Agreement with Doroni Aerospace to Design and Develop a Battery Pack for Doroni Aerospace's H1-X Personal eVTOL

  • SES: Disclosure of Share Buyback Transactions

  • SES Publishes FY2025 EU Taxonomy Restatement