SES AI achieved significant revenue growth in 2025, reaching $21 million for the full year, driven by EV service agreements and the acquisition of UZ Energy. While Q4 gross margins were impacted by a shift toward lower-margin ESS hardware, the company maintained a strong liquidity position of $200 million and is pivoting toward high-growth sectors including drones and AI-driven material discovery.

SES AI reported second quarter revenue of $3.5 million, contributing to a total of $9.3 million in the first half of 2025. The company achieved a strong gross margin of 74% and significantly reduced cash used in operations. SES AI also affirmed its 2025 revenue guidance of $15 million to $25 million and expanded its market reach through the acquisition of UZ Energy.

Sesa Group continued its industrial development in Q1 2025, with consolidated revenues and other income reaching Eu 783.0 million (+1% Y/Y) and consolidated Ebitda at Eu 56.6 million (+1.5% Y/Y). The company maintained a stable Ebitda margin of 7.2% and saw strong growth in Business Services and Software and System Integration sectors, while the Digital Green sector experienced a decrease in revenues.

Sesa S.p.A. achieved robust growth in the fiscal year ended April 30, 2024, with consolidated revenues reaching Eu 3,210.4 million and Ebitda at Eu 239.5 million, demonstrating strong market positioning in technological innovation and digital services. The company's strategic investments in emerging technologies and human capital contributed to its continued expansion and market share gains.

SES AI is transitioning to B samples and expects to sign a joint development agreement with an OEM customer. The company reported a net loss of $0.04 per share and ended the quarter with $342 million in cash, cash equivalents, and marketable securities.

SES AI reported operating expenses of $19.3 million, with R&D at $6.4 million and G&A at $12.9 million. Net loss attributable to common stockholders was $0.04 per share. The company ended the quarter with $357 million in cash, cash equivalents, and marketable securities.

SES AI Corporation reported its Q1 2023 financial results, highlighting operating expenses of $21.6 million, a net loss of $0.05 per share, and a strong balance sheet with $373 million in cash, cash equivalents, and marketable securities. The company's financial guidance for 2023 remains unchanged.

SES AI Corporation reported operating expenses of $20.7 million for the fourth quarter of 2022, with R&D expenses at $8.3 million and G&A expenses at $12.4 million. A non-cash gain of $9.0 million was recognized from the change in fair value of the sponsor earn-out liability. The net loss attributable to common stockholders was $0.03 per share on a fully diluted basis. The company's available liquidity was $390 million as of December 31, 2022.

SES AI Corporation reported an operating loss of $21.7 million for the third quarter of 2022, driven by increased general and administrative, and research and development expenses. The company focused on the development of Li-Metal battery technology and AI-powered safety software. They also made progress on mid-2023 milestones, including delivering "A-sample" batteries and transitioning to "B-sample" batteries.

SES AI Corporation reported an operating loss of $19.1 million for the quarter. The company ended the quarter with cash and cash equivalents of $405 million.

SES AI Corporation reported an operating loss of $19.2 million for the first quarter of 2022, driven by general and administrative expenses of $15.1 million and research and development expenses of $4.1 million. Net loss attributable to common stockholders was $27.0 million, or a loss of $0.12 per share. The company ended the quarter with $426 million in cash and cash equivalents.