SES AI Corp Income Statement
SES / Industrials|6 years of annual SEC 10-K data (FY2020-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 6 fiscal years. All figures from audited SEC 10-K filings.
SES AI Corp reported $21M in revenue and $73M in net loss for FY2025. Revenue increased 929.4% from FY2024 to FY2025.
Based on SEC 10-K filings.
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score 0.04 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | $21.0M | $2.0M | - | - | - | - |
| Cost of Revenue | $9.7M | $752.0K | - | - | - | - |
| Gross Profit | $11.3M | $1.3M | - | - | - | - |
| SG&A Expense | $26.9M | $47.5M | $47.5M | $51.6M | $16.5M | $4.5M |
| R&D Expense | $67.0M | $30.7M | $30.7M | $28.0M | $15.5M | $9.4M |
| Operating Income | -$82.6M | -$78.2M | -$78.2M | -$79.6M | -$32.0M | -$13.9M |
| Income Tax | $231.0K | -$853.0K | -$853.0K | $1.3M | $25.0K | $7.0K |
| Net Income | -$73.0M | -$53.4M | -$53.4M | -$51.0M | -$31.3M | -$13.9M |
| EPS (Basic) | -$0.31 | -$0.17 | -$0.17 | -$0.18 | -$0.51 | -$0.23 |
| EPS (Diluted) | -$0.31 | -$0.17 | -$0.17 | -$0.18 | -$0.51 | -$0.23 |
| Shares Outstanding | 361.6M | 354.1M | 315.1M | 288.3M | 61.1M | 60.8M |
| Gross Margin | 53.8% | 63.1% | - | - | - | - |
| Operating Margin | -393.4% | -3831.3% | - | - | - | - |
| Profit Margin | -347.8% | -2617.7% | - | - | - | - |