SES AI Corporation Class A ( (SES) ) has released its Q2 earnings. Here is a breakdown of the information SES AI Corporation Class A presented to its investors.
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SES AI Corporation is a leader in the development and manufacturing of AI-enhanced high-performance Li-Metal and Li-ion batteries, with a focus on accelerating the global energy transition through advanced material discovery and battery management solutions.
In its latest earnings report for the second quarter of 2025, SES AI Corporation reported a revenue of $3.5 million, driven primarily by contracts with automotive OEM customers for AI-enhanced battery materials. The company also announced a strategic acquisition of UZ Energy, aiming to expand its presence in the global energy storage systems market.
Key financial highlights include a gross margin of 74% and a significant reduction in cash used for operations, down 51% from the previous year. The company’s liquidity remains strong with $229 million in cash and no debt. SES AI’s Molecular Universe platform continues to gain traction, with over 30 enterprise-level trial users.
SES AI’s strategic focus includes expanding its AI platform capabilities and integrating UZ Energy’s hardware with its Molecular Universe platform. The company maintains its full-year revenue guidance of $15 million to $25 million and plans to leverage its strong liquidity for potential mergers and acquisitions and share repurchases.
Looking ahead, SES AI Corporation is poised for scalable growth, supported by its robust financial position and strategic initiatives aimed at enhancing its AI platform and expanding its market presence in the energy storage sector.