SES - NYSE

SES AI Corporation

SES·NYSE

$1.33

-7.6%

Consumer CyclicalAuto - Parts

SES AI Corporation engages in the development and production of high-performance Lithium-metal rechargeable batteries for electric vehicles and other applications. The company was founded in 2012 and is headquartered in Boston, Massachusetts.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$484.68M

EPS-0.2200

P/E Ratio-6.05

Earnings Date08/03/2026

272.65M

Assets

-17%

3Y-38.0%

5Y+1009.0%

10Y+394.0%

57.89M

Total Liabilities

12%

3Y+18.0%

5Y-33.0%

10Y+331.0%

214.75M

Total Equity

-23%

3Y-45.0%

5Y-446.0%

10Y+414.0%

SES AI Corporation Funding & Solvency Profile

SES · NYSE

Current Assets

Cash & Cash Equivalents29.54M

Net Receivables4.78M

Inventory5.15M

Other Current Assets6.71M

Total Current Assets216 M

Non-Current Assets

Property, Plant & Equipment36.50M

Goodwill & Intangible Assets16.08M

Long-Term Investments0.00

Other Non-Current Assets2.26M

Total Non-Current Assets39 M

Total Assets

272.65M

Financial Health Analysis

Current Ratio

8.95x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

0.27x

Conservative capital structure. The company relies primarily on equity financing, indicating low financial risk.

Working Capital

192 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

79% Current

Asset-light business model with high liquidity. Majority of assets are easily convertible to cash.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

SES AI Corporation Balance Sheet

SES • NYSE

SES AI Corporation Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010	Jun 2009	Jun 2008
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	29.5M	128.8M	85.7M	106.6M	160.5M	2.4M	25.4M	7.1M	5M	13.8M	22.2M	19.4M	15.9M	18M	32.2M	42.6M	90.4M	127.9M
Short-Term Investments	170.1M	133.7M	246.8M	283.5M	0.0	12.3M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Cash & Short-Term Investments	199.6M	262.5M	332.4M	390.1M	160.5M	14.7M	25.4M	7.1M	5M	13.8M	22.2M	19.4M	15.9M	18M	32.2M	42.6M	90.4M	127.9M
Net Receivables	4.8M	950K	3.9M	2.4M	7.9M	0.0	0.0	167K	27K	705K	676K	700K	0.0	300K	2.6M	2.7M	1.3M	200K
Accounts Receivables	4.8M	950K	3.9M	2.4M	7.9M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Inventory	5.2M	212K	558K	383K	0.0	0.0	0.0	42K	43K	587K	865K	900K	0.0	0.0	200K	1M	800K	500K
Prepaids	0.0	0.0	0.0	0.0	608.9K	373K	486K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Current Assets	6.7M	13.2M	11.7M	3.8M	954.1K	0.0	0.0	797K	678K	2.3M	1.9M	800K	2.6M	2.1M	1.3M	1.8M	700K	2.1M
Total Current Assets	216.3M	276.9M	348.6M	396.6M	170M	15.1M	25.9M	8.1M	5.7M	17.4M	25.6M	21.8M	18.5M	20.4M	36.3M	48.1M	93.2M	130.7M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	36.5M	48.1M	51.1M	39.1M	12.5M	6M	7.2M	10K	24K	54K	10.3M	31.5M	32.6M	33.9M	35.9M	35.9M	43.8M	40M
Goodwill	13.3M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Intangible Assets	2.8M	1.2M	1.3M	1.5M	1.6M	1.7M	1.9M	1M	984K	898K	939K	1M	1.1M	1.1M	1.2M	2M	1.4M	1.5M
Goodwill & Intangible Assets	16.1M	1.2M	1.3M	1.5M	1.6M	1.7M	1.9M	1M	984K	898K	939K	1M	1.1M	1.1M	1.2M	2M	1.4M	1.5M
Long-Term Investments	0.0	0.0	0.0	0.0	0.0	0.0	0.0	5M	8.5M	26.2M	34.8M	34.9M	33.3M	33.3M	33.5M	32.4M	0.0	0.0
Tax Assets	1.5M	1.3M	1.1M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Non-Current Assets	2.3M	2.2M	4.7M	3.2M	9.3M	1.7M	1.5M	153K	43K	10.6M	2M	2.5M	2.9M	4.1M	3.1M	2.2M	7.7M	5.5M
Total Non-Current Assets	56.4M	52.9M	58.2M	43.8M	23.4M	9.5M	10.5M	6.2M	9.6M	37.8M	48.1M	69.9M	69.9M	72.4M	73.7M	72.5M	52.9M	47M
Total Assets	272.6M	329.8M	406.8M	440.4M	193.4M	24.6M	36.4M	14.3M	15.3M	55.2M	73.8M	91.7M	88.4M	92.8M	110M	120.6M	146.1M	177.7M
LIABILITIES
CURRENT LIABILITIES
Total Payables	6.2M	2.2M	5.1M	7.6M	4.9M	1.1M	748K	496K	455K	565K	3.2M	3.2M	0.0	800K	900K	300K	600K	2.3M
Accounts Payable	5.7M	1.9M	4.8M	6.2M	4.7M	1M	640K	496K	455K	565K	3.2M	3.2M	0.0	800K	900K	300K	600K	2.3M
Other Payables	490K	313K	288K	1.4M	226K	115K	108K	-496K	-455K	-565K	-3.2M	-3.2M	0.0	-800K	-900K	-300K	-600K	-2.3M
Accrued Expenses	0.0	1.5M	1.3M	1.6M	5.2M	69K	334K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Short Term Debt	2.3M	0.0	0.0	0.0	0.0	840K	0.0	0.0	0.0	0.0	3.3M	0.0	0.0	0.0	0.0	0.0	1M	0.0
Capital Lease Obligations (Current)	0.0	2.6M	2.4M	1.9M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Tax Payables	0.0	313K	288K	1.4M	226K	115K	108K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Deferred Revenue	0.0	0.0	0.0	4.2M	0.0	0.0	0.0	206K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	522K	0.0	0.0
Other Current Liabilities	15.7M	16.5M	11.6M	4.1M	853K	1.8M	1.2M	979K	1.3M	14.4M	8.5M	7.2M	10.1M	9.7M	7.6M	9M	9.5M	10.8M
Total Current Liabilities	24.2M	22.8M	20.4M	19.4M	11M	3.9M	2.2M	1.7M	1.8M	15M	15M	10.4M	10.1M	10.5M	8.5M	9.8M	11.1M	13.1M
NON-CURRENT LIABILITIES
Long Term Debt	0.0	0.0	0.0	0.0	1.2M	0.0	0.0	5.4M	0.0	0.0	0.0	0.0	0.0	2.4M	4.7M	6.7M	9M	11.2M
Deferred Revenue (Non-Current)	0.0	8.6M	9.3M	6.7M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Non-Current Liabilities	27.9M	12.1M	6.9M	12.7M	269.5M	82.8M	82.7M	1.9M	-724K	-1.6M	-1M	-600K	-900K	-900K	-700K	-500K	2.2M	2.9M
Total Non-Current Liabilities	33.7M	28.7M	27.5M	29.5M	270.7M	82.8M	82.7M	7.3M	-724K	-1.6M	-1M	-600K	-900K	1.5M	4M	6.2M	11.2M	14.1M
Capital Lease Obligations	5.8M	10.6M	13.7M	12.1M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Liabilities	57.9M	51.5M	47.9M	48.9M	281.7M	86.7M	84.9M	9M	1M	13.4M	13.9M	9.8M	9.2M	12M	12.5M	16M	22.3M	27.2M
SHAREHOLDERS' EQUITY
Preferred Stock	0.0	0.0	0.0	0.0	0.0	82M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Common Stock	37K	36K	35K	35K	6K	689.0	0.0	110K	109K	870K	855K	700K	600K	500K	500K	500K	500K	500K
Additional Paid-In Capital	588.4M	579.4M	559.2M	538M	5.6M	836K	682K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Retained Earnings	-371.9M	-298.9M	-198.7M	-145.3M	-94.3M	-63M	-49.1M	-260.1M	-250.5M	-226.9M	-203.9M	-166M	-151.7M	-131.8M	-111.9M	-96.4M	-74.7M	-46.1M
Accumulated Other Comprehensive Income/Loss	-1.7M	-2.2M	-1.6M	-1.3M	367K	133K	-55K	-1.7M	-1.6M	-1.6M	-36.7M	-15.2M	0.0	-10.9M	-8.4M	-5.8M	-3.6M	-1M
Other Total Stockholders' Equity	0.0	0.0	0.0	0.0	0.0	0.0	0.0	267M	266.3M	269.4M	299.6M	262.4M	230.3M	223.1M	217.3M	206.3M	201.6M	197.1M
Total Stockholders' Equity	214.8M	278.3M	359M	391.5M	-88.3M	-62.1M	-48.5M	5.4M	14.3M	41.7M	59.8M	81.9M	79.2M	80.9M	97.5M	104.6M	123.8M	150.5M
Total Equity	214.8M	278.3M	359M	391.5M	-88.3M	-62.1M	-48.5M	5.4M	14.3M	41.7M	59.8M	81.9M	79.2M	80.9M	97.5M	104.6M	123.8M	150.5M
SUMMARY
Total Liabilities & Equity	272.6M	329.8M	406.8M	440.4M	193.4M	24.6M	36.4M	14.3M	15.3M	55.2M	73.8M	91.7M	88.4M	92.9M	110M	120.6M	146.1M	177.7M
Total Investments	170.1M	133.7M	246.8M	283.5M	0.0	12.3M	0.0	5M	8.5M	26.2M	34.8M	34.9M	33.3M	33.3M	33.5M	32.4M	0.0	0.0
Total Debt	8.1M	10.6M	13.7M	12.1M	1.2M	840K	0.0	5.4M	0.0	0.0	6.5M	3.3M	2.4M	4.8M	7.1M	9M	10M	13.4M
Net Debt	-21.4M	-118.2M	-72M	-94.6M	-159.3M	-1.6M	-25.4M	-1.7M	-5M	-13.8M	-15.7M	-16.1M	-13.5M	-13.2M	-25.1M	-33.6M	-80.4M	-114.5M
Shares Outstanding	324,571,428	324,571,428	324,571,428	324,571,428	324,571,428	324,571,428	324,571,428	324,571,428	324,571,428	324,571,428	324,571,428	324,571,428	324,571,428	324,571,428	324,571,428	324,571,428	324,571,428	324,571,428

SEC Filings

SES - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
10-K/A 10-K/A 2025 FY (Amended) FY	April 30, 2026	December 31, 2025	2025	View Filing
S-3 S-3 N/A	April 24, 2026	April 24, 2026		View Filing
10-Q 10-Q 2026 Q1 Q1	April 24, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 23, 2026	April 23, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 01, 2026	April 01, 2026	2026	View Filing
10-K 10-K 2025 FY FY	March 04, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	March 04, 2026	March 04, 2026	2026	View Filing
8-K 8-K 2026 N/A	January 16, 2026	January 16, 2026	2026	View Filing
10-Q 10-Q 2025 Q3 Q3	November 12, 2025	September 30, 2025	2025	View Filing
8-K 8-K 2025 N/A	November 07, 2025	November 06, 2025	2025	View Filing

Showing 1 to 10 of 104 filings

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