Financials in USD. Standardized financial statements.
A compact view of how SES AI Corporation turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $21.00M | $2.04M | $0 | $0 | $0 | $0 | $0 | $1.51M | $151,000 | $650,000 |
| Revenue Growth? | +929.4% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | -100.0% | +898.0% | -76.8% | 0.0% |
| Cost of Revenue? | $9.69M | $752,000 | $0 | $0 | $0 | $0 | $0 | $413,000 | $142,000 | $211,000 |
| Gross Profit? | $11.31M | $1.29M | $0 | $0 | $0 | $0 | $0 | $1.09M | $9,000 | $439,000 |
| Gross Margin? | +53.8% | +63.1% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | +72.6% | +6.0% | +67.5% |
| Operating Expenses? | $93.92M | $110.54M | $78.16M | $79.57M | $32.01M | $13.90M | $15.29M | $9.56M | $28.09M | $20.38M |
| Operating Income? | -$82.61M | -$109.25M | -$78.16M | -$79.57M | -$32.01M | -$13.90M | -$15.29M | -$8.86M | -$26.92M | -$22.63M |
| EBITDA? | -$72.32M | -$100.94M | -$72.62M | -$76.98M | -$30.34M | -$12.20M | -$14.37M | -$8.83M | -$26.86M | -$21.76M |
| Income Before Tax | -$72.81M | -$100.00M | -$54.25M | -$49.74M | -$31.23M | -$13.88M | -$14.59M | -$9.73M | -$28.48M | -$20.40M |
| Income Tax Expense | $231,000 | $188,000 | -$853,000 | $1.25M | $25,000 | $7,000 | $108,000 | -$129,000 | -$400,000 | $439,000 |
| Net Income? | -$73.04M | -$100.19M | -$53.40M | -$50.99M | -$31.25M | -$13.89M | -$14.70M | -$9.61M | -$28.08M | -$20.84M |
| EPS? | $-0.22 | $-0.31 | $-0.17 | $-0.18 | $-0.51 | $-0.23 | $-1.44 | $-7.01 | $-20.62 | $-15.37 |
| Diluted EPS? | $-0.22 | $-0.31 | $-0.17 | $-0.18 | $-0.51 | $-0.23 | $-1.44 | $-7.01 | $-20.62 | $-15.37 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality