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SES AI SES Q1 2025 earnings

Reported April 24, 2025 · After market close

Revenue$5.8MBeat by $1.5M
EPS-$0.04Beat by $0.03
Revenue estimate$4.3M
EPS estimate-$0.07

Next report

Aug 11, 2026 (In 1 week)
Revenue estimate$5.4M
EPS estimate-$0.05

Financials

Q1 2025

Income statement

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Revenue$5.8M+1,036%
Gross profit$4.6M+1,315%
Operating income-$23.3M-9.4%
Net income-$12.4M+20.1%
EPS (diluted)-$0.04+20.0%

Balance sheet

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Cash & equivalents$56.1M-56.8%
Total debt$9.5M-21.4%
Total equity$269.9M-22.3%
Total assets$306.0M-20.7%

Cash flow

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Operating cash flow-$22.8M-154%
CapEx$916.0K-86.4%
Free cash flow-$23.7M-50.9%

Valuation & ratios

Valuation

as of 03/31/25
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Market cap$189.88M-68.2%
Enterprise value$143.36M-70.1%
P/S25.9×

Profitability

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Gross margin75.4%
Operating margin-1,519.2%
Net margin-1,325.4%
FCF margin-1,178.5%

Returns & leverage

See full
Return on equity-31.4%-210pp
Debt / equity0.0×
Current ratio15.6×-7.9×

Segments

By product

See full
Service$5.8M+1,105%

Versus estimates

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Questions, answered.

When did SES AI report Q1 2025 earnings?
SES AI (SES) reported Q1 2025 earnings on April 24, 2025 after market close.
What were SES AI's Q1 2025 revenue and EPS?
SES AI reported revenue of $5.8M and eps of $-0.04 for Q1 2025.
Did SES AI beat estimates in Q1 2025?
Revenue beat the consensus estimate of $4.3M by $1.5M. EPS beat the consensus estimate of $-0.07 by $0.03.
How did SES AI's Q1 2025 results compare year-over-year?
Compared to the same quarter a year prior, eps grew 20.0% from $-0.05.
Where can I find SES AI's Q1 2025 SEC filings?
You can read the 10-Q periodic report (0001819142-25-000035) directly on SEC EDGAR. The filing index links above go to sec.gov.