SES AI Corp (SES)
SES AI Corp brought in $23.5M of revenue over the twelve months to June 30, 2026. It posted a net loss of $68M. In fiscal 2025 capital spending exceeded operating cash flow by $61.2M. At June 30, 2026 it held $64.1M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 11, 2026.
Key facts about SES AI Corp
- Net worth
- SES AI Corp has a market value (market cap) of $320.8M at the latest share price, and shareholders' equity of $187.1M on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $21M (+929.4% year on year), with a net loss of $73M. Over the 12 months to June 30, 2026: revenue $23.5M, net loss $68M.
- Cash flow
- In fiscal 2025 operations used $58.4M of cash.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on August 11, 2026 and covers the period to June 30, 2026. Open on SEC EDGAR
- Next earnings report
- SES AI Corp's next report was expected around November 4, 2026 and is not on file with the SEC yet.
What SES AI Corp does
SES AI Corp is registered with the SEC under industry code SIC 3690 (Miscellaneous Electrical Machinery, Equipment & Supplies). Its shares trade on NYSE under the ticker SES.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $21M | -$73M | -$0.22 | -$61.2M |
| 2024 | $2M | -$100.2M | -$0.31 | -$78.3M |
| 2023 | n/a | -$53.4M | -$0.17 | -$72.2M |
| 2022 | n/a | -$51M | -$0.18 | -$61.2M |
| 2021 | n/a | -$31.3M | -$0.51 | -$38.9M |
| 2021 | n/a | -$13.9M | -$0.23 | -$12M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where SES ranks in Other
Latest SEC filings
What SES AI Corp has filed recently, newest first. Each links to the original document on SEC EDGAR.
- October 27, 2026
- October 27, 2026Additional proxy material DEFA14A
- October 27, 2026Proxy statement DEF 14A
- October 16, 2026Preliminary proxy statement PRE 14A
- August 31, 2026Delisting notice 25-NSE
- August 14, 2026
- August 11, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 44% to $5.1M versus the same quarter last year; diluted EPS -$0.05 versus -$0.07.
- August 11, 2026
- July 30, 2026Passive stake (5% or more) SCHEDULE 13G
- July 20, 2026
Insider trades
What the people running SES AI Corp did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider bought or sold shares on the open market in the last 90 days. The 2 reported changes were pay in shares, option exercises, shares withheld for tax or gifts.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| October 5, 2026 | Diemer PaulDirector | Received as pay | 320,000 | - |
| September 1, 2026 | Xu KangCHIEF TECHNOLOGY OFFICER | Shares withheld for tax | 35,198 | $18.4K |
| May 22, 2026 | Pilkington KyleCHIEF LEGAL OFFICER | Soldpre-planned (10b5-1) | 25,000 | $30K |
| May 18, 2026 | Boyd Andrew JDirector | Received as pay | 141,593 | - |
| May 18, 2026 | Ma JiongDirector | Received as pay | 141,593 | - |
| May 18, 2026 | Hu QichaoCEO & CHAIRMAN, Director, 10% owner | Received as pay | 1,504,425 | - |
| May 18, 2026 | Luo EricDirector | Received as pay | 141,593 | - |
| May 18, 2026 | Pilkington KyleCHIEF LEGAL OFFICER | Received as pay | 353,982 | - |
Who owns SES
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Tianqi Lithium HK Co., Ltd.13G, passive with 1 related filers | 7.8% | January 21, 2026 |
Largest institutional holders
Insiders
10 insiders reported holding 12,716,844 shares in total, about $11M at the last price.
| Holder | Shares |
|---|---|
| Hu QichaoCEO & CHAIRMAN, Director, 10% owner | 5,449,607 |
| Nealis JingCHIEF FINANCIAL OFFICER | 2,305,943 |
| Gan HongCHIEF SCIENCE OFFICER | 1,031,576 |
| Pilkington KyleCHIEF LEGAL OFFICER | 1,023,548 |
| Xu KangCHIEF TECHNOLOGY OFFICER | 766,437 |
| Ma JiongDirector | 524,993 |
| Luo EricDirector | 524,993 |
| Boyd Andrew JDirector | 437,889 |
| Liu Yi RayCHIEF FINANCIAL OFFICER | 331,858 |
| Diemer PaulDirector | 320,000 |
Questions about SES
What does SES AI Corp do?
SES AI Corp is a company in the Other sector, listed on NYSE as SES. Its shares trade on NYSE under the ticker SES.
What is SES AI Corp's net worth?
SES AI Corp has a market value (market cap) of $320.8M at the latest share price, and shareholders' equity of $187.1M on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is SES AI Corp profitable?
No. Over the twelve months to June 30, 2026 it reported a net loss of $68M on revenue of $23.5M.
How much revenue does SES AI Corp make?
Over the twelve months to June 30, 2026 SES AI Corp reported revenue of $23.5M.
When did SES AI Corp last report?
Its most recent periodic report is the quarterly report (10-Q) filed on August 11, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the annual report to shareholders from October 27, 2026.
When is SES AI Corp's next earnings report?
SES AI Corp's next report was expected around November 4, 2026 and is not on file with the SEC yet.
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Where the numbers come from
Financial figures are the values SES AI Corp tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.