SES AI Corporation Reports Q2 2025 Revenue of $3.5M, Affirms 2025 Revenue Guidance of $15M to $25M

Reuters
Jul 28
SES AI Corporation Reports <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 Revenue of $3.5M, Affirms 2025 Revenue Guidance of $15M to $25M

SES AI Corporation, a leader in AI-enhanced high-performance battery development, announced its preliminary financial results for the second quarter of 2025. The company reported revenue of $3.5 million for the quarter, contributing to a total of $9.3 million in the first half of 2025. SES AI maintained a gross margin of 74%. A significant decrease was noted in cash used for operations, which dropped by 51% from the second quarter of 2024 and by 53% from the first quarter of 2025, totaling $10.8 million. Additionally, SES AI ended the quarter with a liquidity position of $229 million, comprising cash, cash equivalents, and marketable securities, with no debt. The company reaffirmed its 2025 revenue guidance of $15 million to $25 million. In a strategic move, SES AI announced the acquisition of UZ Energy, expected to generate additional revenue in 2025, enhancing its platform strategy within the global energy storage market.

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