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SES AI Corp revenue

SES AI Corp's revenue was $21.0m in fiscal 2025, up 929.4% on the year before. Over the last twelve months it was $23.5m.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

SES AI Corp: revenue history, annual
Fiscal year2024Dec 20242025Dec 2025LTMJun 2026
Revenue22123
Growth on the year before—+929.4%—
Gross profit1117
Gross margin63.1%53.8%27.8%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue Share YoY
Services $13.6M 64.7% ▲ 607.4%
Products $7.4M 35.3% ▲ 6081.7%

From SES AI Corp's 10-K filed March 4, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Electrical Components & Equipment: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
SES AI Corp $23.5m — —
Erayak Power Solution Group Inc. $22.9m -24.6% —
Xchg Ltd $25.1m -40.5% —
Huhutech International Group Inc. $21.4m 18.1% —
Beam Global $26.5m -20.5% —
Ccsc Technology International Holdings Ltd $17.3m -1.9% —

Compare with peers

Head to head: RAYA vs SESSES vs XCHHUHU vs SES

More: Electrical Components & Equipment stocks compared, Industrials sector, rankings of US companies

Figures from SES AI Corp's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to SES AI Corp.