SES AI Corp financial data

Symbol
SES, SES-WT on NYSE
Location
Woburn, MA
Fiscal year end
31 December
Latest financial report
10-K - Q4 2025 - 04 Mar 2026

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 1074% % -38%
Quick Ratio 10% % 388%
Debt-to-equity 20% % 54%
Return On Equity -30% % 4%
Return On Assets -25% % 9.7%
Operating Margin -393% %

Shares

Label TTM Value / Value Unit Change %
Common Stock, Shares, Outstanding 365,432,329 shares 1.1%
Entity Public Float $278,500,000 USD -29%
Common Stock, Value, Issued $37,000 USD 2.8%
Weighted Average Number of Shares Outstanding, Basic 330,917,166 shares 2.8%
Weighted Average Number of Shares Outstanding, Diluted 330,917,166 shares 2.8%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax $21,000,000 USD
Cost of Revenue $9,693,000 USD
Research and Development Expense $67,045,000 USD -7.1%
General and Administrative Expense $26,876,000 USD -30%
Operating Income (Loss) $82,614,000 USD 24%
Nonoperating Income (Expense) $9,805,000 USD 6%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $72,809,000 USD 27%
Income Tax Expense (Benefit) $231,000 USD 23%
Net Income (Loss) Attributable to Parent $73,040,000 USD 27%
Earnings Per Share, Basic -0.22 USD/shares 29%
Earnings Per Share, Diluted -0.22 USD/shares 29%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $29,541,000 USD -77%
Accounts Receivable, after Allowance for Credit Loss, Current $4,783,000 USD 403%
Inventory, Net $5,154,000 USD 2331%
Assets, Current $216,276,000 USD -22%
Deferred Income Tax Assets, Net $1,521,000 USD 14%
Property, Plant and Equipment, Net $28,866,000 USD -24%
Operating Lease, Right-of-Use Asset $7,638,000 USD -23%
Intangible Assets, Net (Excluding Goodwill) $2,809,000 USD 131%
Goodwill $13,272,000 USD
Other Assets, Noncurrent $2,264,000 USD 1.2%
Assets $272,646,000 USD -17%
Accounts Payable, Current $5,694,000 USD 200%
Employee-related Liabilities, Current $4,347,000 USD -35%
Contract with Customer, Liability, Current $2,669,000 USD
Liabilities, Current $24,156,000 USD 5.9%
Operating Lease, Liability, Noncurrent $5,813,000 USD -27%
Other Liabilities, Noncurrent $3,408,000 USD 31%
Liabilities $57,891,000 USD 12%
Accumulated Other Comprehensive Income (Loss), Net of Tax $1,726,000 USD 23%
Retained Earnings (Accumulated Deficit) $371,911,000 USD -24%
Stockholders' Equity Attributable to Parent $214,755,000 USD -23%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest $214,755,000 USD -23%
Liabilities and Equity $272,646,000 USD -17%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $22,833,000 USD -154%
Net Cash Provided by (Used in) Financing Activities $8,000 USD -56%
Net Cash Provided by (Used in) Investing Activities $49,844,000 USD -194%
Common Stock, Shares, Issued 365,432,329 shares 1.1%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $72,745,000 USD -266%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $30,213,000 USD -77%
Deferred Tax Assets, Valuation Allowance $85,877,000 USD 25%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross $89,492,000 USD 23%
Operating Lease, Liability $8,111,000 USD -23%
Payments to Acquire Property, Plant, and Equipment $916,000 USD -86%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $72,533,000 USD 28%
Lessee, Operating Lease, Liability, to be Paid $9,496,000 USD -26%
Property, Plant and Equipment, Gross $58,709,000 USD -0.57%
Operating Lease, Liability, Current $2,298,000 USD -11%
Lessee, Operating Lease, Liability, to be Paid, Year Two $1,925,000 USD -31%
Lessee, Operating Lease, Liability, to be Paid, Year One $2,831,000 USD -18%
Operating Lease, Weighted Average Discount Rate, Percent 0.072 pure -2.7%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $1,385,000 USD -40%
Lessee, Operating Lease, Liability, to be Paid, Year Three $1,664,000 USD -12%
Deferred Tax Assets, Operating Loss Carryforwards $44,948,000 USD 28%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 20,000,000 shares 0%
Unrecognized Tax Benefits $10,496,000 USD 38%
Lessee, Operating Lease, Liability, to be Paid, Year Four $1,163,000 USD -30%
Preferred Stock, Shares Outstanding 0 shares
Share-based Payment Arrangement, Expense $10,971,000 USD -45%
Preferred Stock, Par or Stated Value Per Share 0.0001 USD/shares 0%