SES AI Corporation
Income Statement
| Line Item | FY2025 | FY2024 |
|---|---|---|
| Revenue | $21.0M | $2.0M |
| Cost of Revenue | $9.7M | $752.0K |
| Gross Profit | $11.3M | $1.3M |
| Gross Margin | 53.8% | 63.1% |
| Operating Expenses | ||
| Research & Development | $67.0M | $72.1M |
| SG&A Expense | $26.9M | $38.4M |
| Operating Income | $-82.6M | $-109.2M |
| Operating Margin | -393.4% | -5,355.3% |
| Interest Expense | — | — |
| Pretax Income | $-72.8M | $-100.0M |
| Income Tax Expense | $231.0K | $188.0K |
| Net Income | $-73.0M | $-100.2M |
| Net Margin | -347.8% | -4,911.0% |
| EPS (Basic) | $-0.22 | $-0.31 |
| EPS (Diluted) | $-0.22 | $-0.31 |
| Shares Outstanding (Basic) | 330.9M | 321.8M |
| Shares Outstanding (Diluted) | 330.9M | 321.8M |
| Dividends Per Share | — | — |