Company Overview
SES AI Corporation develops and produces AI enhanced lithium metal and lithium-ion rechargeable battery technologies for electric vehicles, urban air mobility, drones, robotics, battery energy storage systems, and other applications. It manufactures and sells residential and commercial ESS systems, li-ion, li metal battery cells and battery materials, such as electrolytes for automotive original equipment manufacturers and others. The company operates in the United States and the Asia Pacific regions. SES AI Corporation was founded in 2012 and is headquartered in Woburn, Massachusetts.
Recent Developments
- Dec 2025 Revenue of $21.00M (+929.4% YoY); net profit $-73.04M.
- Trailing 12 Months Year-on-year growth — revenue +43.8%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | - |
| 1 Year: | 43.80% |
Stock Price Performance
| 1 Year: | -46.78% |
| 6 Months: | -51.32% |
| 3 Months: | -49.15% |
| 1 Month: | +1.33% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMABelow
- RSI (14)51.44 · Neutral
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
No notable strengths flagged.
CONS
- Trading 83.9% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Consumer Cyclical).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | SES SES AI Corporation | 0.57 | -2.85 | $186.62M | 0.00% | -33.25% | -31.15% | - | - |
| 2 | AMZN Amazon.com, Inc. NDXSPXR3KAITECH | 256.97 | 20.66 | $2.77T | 0.00% | 13.33% | 30.56% | 24.04% | 32.72% |
| 3 | TSLA Tesla, Inc. NDXSPXR3KAI | 368.16 | 347.32 | $1.45T | 0.00% | 4.10% | 4.67% | 52.40% | 39.39% |
| 4 | HD The Home Depot, Inc. SPXR3K | 313.70 | 21.97 | $312.98B | 3.08% | 28.75% | 104.30% | 4.06% | 6.35% |
| 5 | BABA Alibaba Group Holding Limited AITECH | 112.66 | 25.43 | $280.03B | 0.93% | 4.16% | 6.36% | 5.62% | 12.49% |
| 6 | TM Toyota Motor Corporation | 191.45 | 8.46 | $226.71B | 3.23% | 5.24% | 12.40% | 10.91% | 16.22% |
| 7 | MCD McDonald's Corporation SPXR3K | 255.81 | 20.80 | $181.02B | 2.99% | 22.47% | - | 0.92% | 7.33% |
| 8 | TJX The TJX Companies, Inc. SPXR3K | 128.92 | 23.87 | $142.42B | 1.52% | 21.26% | 62.17% | 6.84% | 8.48% |
| 9 | BKNG Booking Holdings Inc. NDXSPXR3K | 180.30 | 20.03 | $139.71B | 0.87% | 70.23% | -96.88% | 16.93% | 22.07% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Sep 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | 5.79M | 3.53M | 7.12M | 4.56M | 6.71M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.24M | 927.00K | 3.48M | 4.05M | 5.50M |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | 4.56M | 2.60M | 3.64M | 514.00K | 1.22M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | 27.83M | 25.61M | 22.29M | 18.20M | 19.08M |
| Operating Income | - | -4.44M | -6.56M | -10.69M | -19.20M | -19.06M | -21.73M | -21.61M | -19.27M | -19.36M | -21.27M | -24.63M | -34.22M | -23.27M | -23.01M | -18.65M | -17.68M | -17.87M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | -20.76M | -20.48M | -16.02M | -15.06M | -15.19M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | -12.43M | -21.98M | -21.03M | -17.37M | -11.68M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | 4.00K | 668.00K | -108.00K | -333.00K | 414.00K |
| Net Income | -20.23K | -3.60M | -6.79M | -10.62M | -27.03M | 9.02M | -24.33M | -16.23M | -12.95M | -13.47M | -15.56M | -19.90M | -30.19M | -12.43M | -22.65M | -20.92M | -17.04M | -12.10M |
| Diluted EPS | - | -0.06 | -0.11 | -0.17 | -0.12 | 0.03 | -0.08 | -0.05 | -0.04 | -0.04 | -0.05 | -0.06 | -0.09 | -0.04 | -0.07 | -0.06 | -0.05 | -0.04 |
| R&D Expense | - | 2.98M | 3.51M | 3.68M | 4.07M | 7.19M | 8.42M | 8.49M | 6.35M | 8.47M | 11.77M | 15.06M | 24.44M | 20.51M | 19.09M | 15.62M | - | 11.03M |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|
| Revenue | - | - | 0 | 0 | 2.04M | 21.00M |
| Cost of Revenue | - | - | - | 0 | 752.00K | 9.69M |
| Gross Profit | - | - | - | 0 | 1.29M | 11.31M |
| Operating Expenses | - | - | 79.57M | 78.16M | 110.54M | 93.92M |
| Operating Income | -13.90M | - | -79.57M | -78.16M | -109.25M | -82.61M |
| EBITDA | - | - | -76.98M | -72.62M | -100.94M | -72.32M |
| Interest Expense | - | - | - | - | - | - |
| Pretax Income | - | - | -49.74M | -54.25M | -100.00M | -72.81M |
| Tax Provision | - | - | 1.25M | -853.00K | 188.00K | 231.00K |
| Net Income | -13.89M | - | -50.99M | -53.40M | -100.19M | -73.04M |
| Diluted EPS | -0.23 | - | -0.17 | -0.17 | -0.31 | -0.22 |
| R&D Expense | 9.44M | 15.51M | 27.97M | 30.68M | 72.14M | 67.05M |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2019 | Jul 2020 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 574.31K | - | 440.44M | 406.81M | 329.79M | 272.65M |
| Current Assets | - | - | - | - | 396.64M | 348.63M | 276.90M | 216.28M |
| Cash & Equivalents | - | - | 161.27K | - | 106.62M | 85.67M | 128.80M | 29.54M |
| Inventory | - | - | - | - | 383.00K | 558.00K | 212.00K | 5.15M |
| Receivables | - | - | - | - | - | 0 | 950.00K | 4.78M |
| Total Liabilities | - | - | 582.13K | - | 48.90M | 47.86M | 51.48M | 57.89M |
| Current Liabilities | - | - | 582.13K | - | 19.36M | 20.36M | 22.82M | 24.16M |
| Long Term Debt | - | - | - | 1.15M | - | - | - | - |
| Total Debt | - | - | - | - | 12.06M | 13.72M | 10.56M | 8.94M |
| Total Equity | -48.52M | 0 | -7.82K | - | 391.54M | 358.95M | 278.31M | 214.75M |
| Shares Outstanding | - | - | - | - | 349.71M | 354.15M | 361.56M | 365.43M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | -11.01M | - | -46.50M | -56.41M | -66.09M | -58.36M |
| Investing Cash Flow | -13.27M | - | -296.01M | 32.72M | 108.19M | -39.19M |
| Financing Cash Flow | 840.00K | - | 289.93M | 3.27M | 1.01M | -1.96M |
| Capital Expenditure | -982.00K | - | -14.65M | -15.76M | -12.21M | -2.86M |
| Free Cash Flow | -11.99M | - | -61.15M | -72.17M | -78.29M | -61.22M |
| Net Change in Cash | - | - | -52.58M | -20.42M | 43.12M | -99.51M |
| Share Buybacks | - | - | - | - | - | 1.60M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | 63.1% | 53.8% |
| Operating Margin % | - | - | - | - | -5,355.3% | -393.4% |
| Net Margin % | - | - | - | - | -4,911.0% | -347.8% |
| ROE % | 177,586.0% | - | -13.0% | -14.9% | -36.0% | -34.0% |
| ROCE % | 177,765.0% | - | -18.9% | -20.2% | -35.6% | -33.2% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 5.79% | 18.95M | $10.23M |
| 2 | Invesco Ltd. | 3.14% | 10.27M | $5.54M |
| 3 | State Street Corporation | 2.94% | 9.62M | $5.19M |
| 4 | Vanguard Capital Management LLC | 2.93% | 9.59M | $5.18M |
| 5 | Geode Capital Management, LLC | 2.02% | 6.62M | $3.57M |
| 6 | Two Sigma Investments, LP | 1.74% | 5.71M | $3.08M |
| 7 | Temasek Holdings (Private) Ltd | 0.97% | 3.16M | $1.71M |
| 8 | General Motors Holdings LLC | 0.89% | 2.92M | $1.58M |
| 9 | Charles Schwab Investment Management, Inc. | 0.66% | 2.15M | $1.16M |
| 10 | Northern Trust Corporation | 0.61% | 1.98M | $1.07M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for SES
All You Need to Know About SES AI (SES) Rating Upgrade to Buy
SES AI (SES) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
SES AI (SES) Q2 2026 Earnings Call Transcript
Revenue hit $5.1M with 40% growth; Korea facility ramping to 1M cells annually.
NYSE to Commence Delisting Proceedings with Respect to Warrants of SES AI Corporation (SES WS)
NEW YORK, August 13, 2026--The New York Stock Exchange ("NYSE", the "Exchange") announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the warrants ("Warrants") — ticker symbol SES WS (expires on …
Stonegate Updates Coverage on SES AI Corp. (SES) 2Q26
Dallas, Texas--(Newsfile Corp. - August 12, 2026) - SES AI Corp. (NYSE: SES): Stonegate Capital Partners Updates Coverage on SES AI Corp. (NYSE: SES). SES' 2Q26 update improves the commercialization setup despite lower sequential revenue, a…
SES AI’s UZ Energy Becomes Sol-Ark® Certified Battery Partner
WOBURN, Mass., August 12, 2026--SES AI Corporation ("SES AI") (NYSE: SES), a global leader in the development and manufacturing of AI-enhanced high-performance Li-Metal and Li-ion batteries, today announced that UZ Energy, an SES AI company…
SES AI Q2 Earnings Call Highlights
SES AI (NYSE:SES) reported second-quarter 2026 revenue of $5.1 million, up more than 40% from $3.5 million in the prior-year quarter, while reaffirming full-year revenue guidance of $30 million to $35 million. The company said revenue durin…
SES — Frequently Asked Questions
What is the current share price of SES AI Corporation (SES)?
As of 2026-09-19 21:16 PDT, SES AI Corporation (SES) trades at $0.57 on NYSE. Its 52-week range is $0.50 to $3.54.
What is the market capitalisation of SES?
SES AI Corporation (SES) has a market capitalisation of $186.62M on NYSE.
What is the P/E ratio of SES?
SES trades at a trailing price-to-earnings (P/E) ratio of -2.85. The industry average P/E is 18.98. Its price-to-book (P/B) ratio is 1.07.
What is the return on equity (ROE) of SES?
SES has a return on equity (ROE) of -31.15%. Its return on capital employed (ROCE) is -33.25%.
Is SES a good stock to buy?
This page provides a data-driven analysis of SES AI Corporation (SES), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.