SES AI Corporation (SES)
NYSE: SES · Real-Time Price · USD
2.170
-0.120 (-5.24%)
At close: Dec 5, 2025, 4:00 PM EST
2.152
-0.018 (-0.85%)
After-hours: Dec 5, 2025, 7:59 PM EST
SES AI Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
| TTM
| FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
| Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 |
| Revenue | 18.48 | 2.04 | - | - | - | - | |
| Cost of Revenue | 6.4 | 0.75 | - | - | - | - | |
| Gross Profit | 12.08 | 1.29 | - | - | - | - | |
| Selling, General & Admin | 30.04 | 38.4 | 47.48 | 51.61 | 16.49 | 4.46 | |
| Research & Development | 76.1 | 72.14 | 30.68 | 27.97 | 15.51 | 9.44 | |
| Operating Expenses | 106.14 | 110.54 | 78.16 | 79.57 | 32.01 | 13.9 | |
| Operating Income | -94.06 | -109.25 | -78.16 | -79.57 | -32.01 | -13.9 | |
| Interest & Investment Income | 10.53 | 15.04 | 16.69 | 6.2 | 0.25 | 0.08 | |
| Currency Exchange Gain (Loss) | 0.2 | 0.2 | 0.3 | 0.1 | -0.2 | - | |
| Other Non Operating Income (Expenses) | -1.32 | -1.18 | 0.03 | -1.89 | -0.11 | -0.06 | |
| EBT Excluding Unusual Items | -84.66 | -95.19 | -61.15 | -75.17 | -32.07 | -13.88 | |
| Gain (Loss) on Sale of Investments | 0.5 | 0.5 | 0.1 | - | - | - | |
| Other Unusual Items | -6.07 | -5.31 | 6.8 | 25.43 | 0.84 | - | |
| Pretax Income | -90.23 | -100 | -54.25 | -49.74 | -31.23 | -13.88 | |
| Income Tax Expense | 0.32 | 0.19 | -0.85 | 1.26 | 0.03 | 0.01 | |
| Net Income | -90.55 | -100.19 | -53.4 | -50.99 | -31.26 | -13.89 | |
| Net Income to Common | -90.55 | -100.19 | -53.4 | -50.99 | -31.26 | -13.89 | |
| Shares Outstanding (Basic) | 330 | 322 | 315 | 288 | 61 | 61 | |
| Shares Outstanding (Diluted) | 330 | 322 | 315 | 288 | 61 | 61 | |
| Shares Change (YoY) | 3.12% | 2.15% | 9.28% | 371.94% | 0.51% | 494.54% | |
| EPS (Basic) | -0.27 | -0.31 | -0.17 | -0.18 | -0.51 | -0.23 | |
| EPS (Diluted) | -0.27 | -0.31 | -0.17 | -0.18 | -0.51 | -0.23 | |
| Free Cash Flow | -62.63 | -78.29 | -72.18 | -61.15 | -38.94 | -11.99 | |
| Free Cash Flow Per Share | -0.19 | -0.24 | -0.23 | -0.21 | -0.64 | -0.20 | |
| Gross Margin | 65.38% | 63.14% | - | - | - | - | |
| Operating Margin | -509.05% | -5355.29% | - | - | - | - | |
| Profit Margin | -490.03% | -4911.03% | - | - | - | - | |
| Free Cash Flow Margin | -338.92% | -3837.84% | - | - | - | - | |
| EBITDA | -83.98 | -100.94 | -72.62 | -76.98 | -30.34 | -12.2 | |
| D&A For EBITDA | 10.09 | 8.31 | 5.54 | 2.6 | 1.66 | 1.71 | |
| EBIT | -94.06 | -109.25 | -78.16 | -79.57 | -32.01 | -13.9 | |
Source: S&P Capital IQ. Standard template.
Financial Sources.