NYSE:SES
SES AI Corp
SES AI Corp's revenue grew 929.4% in fiscal 2025 to $21.0M while operating margin rose to −393.4%. Free cash flow was −$61.2M, −291.5% of revenue, and the diluted share count rose 2.8%.Summary generated from SES AI Corp's SEC filings. Latest annual report filed Mar 4, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$21.0M
Revenue growth+929.4%
Revenue, 5-yr CAGRn/a
Gross margin53.8%
Operating margin−393.4%
Net margin−347.8%
ROICn/a
Return on equity−29.6%
Debt / equity0.00
Free cash flow−$61.2M
FCF margin−291.5%
Share count change+2.8%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | n/a | n/a | n/a | 2 | 21 |
| Operating income | −32 | −80 | −78 | −109 | −83 |
| Net income | −31 | −51 | −53 | −100 | −73 |
| Free cash flow | −39 | −61 | −72 | −78 | −61 |
Recent filings
- 4Insider transaction report
Oct 7, 2026 - 4Insider transaction report
Sep 3, 2026 - 8-KNotice of delisting or listing-rule failure
Aug 14, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Aug 11, 2026 - 8-KResults of operations and financial condition
Aug 11, 2026 - 8-KNotice of delisting or listing-rule failure
Jul 20, 2026 - 10-K/AAmended annual report for the fiscal year ended Dec 31, 2025
Apr 30, 2026 - 10-QQuarterly report for the period ended Mar 31, 2026
Apr 24, 2026