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SES AI SES Q4 2024 Annual earnings

Reported February 25, 2025 · After market close

Revenue$2.0MBeat by $40.0K
EPS-$0.11Miss by $0.04
Revenue estimate$2.0M
EPS estimate-$0.07

Next report

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

Financials

Q4 2024

Income statement

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Revenue$510.0K
Gross profit$322.0K
Operating income-$29.1M-62.6%
Net income-$34.5M-221%
EPS (diluted)-$0.11-267%

Balance sheet

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Cash & equivalents$128.8M+50.3%
Total debt$10.6M-23.0%
Total equity$278.3M-22.5%
Total assets$329.8M-18.9%

Cash flow

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Operating cash flow-$12.3M+1.8%
CapEx$233.0K-93.3%
Free cash flow-$12.5M+21.7%

Valuation & ratios

Valuation

as of 12/31/24
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Market cap$789.68M+22.7%
Enterprise value$671.45M+17.4%
P/S387.1×

Profitability

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Gross margin63.1%
Operating margin-5,355.3%
Net margin-4,911%
FCF margin-3,837.8%

Returns & leverage

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Return on equity-31.4%-182pp
Debt / equity0.0×
Current ratio12.1×-5.0×

Segments

By product

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Service$480.0K

Versus estimates

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Questions, answered.

When did SES AI report Q4 2024 earnings?
SES AI (SES) reported Q4 2024 earnings on February 25, 2025 after market close.
What were SES AI's Q4 2024 revenue and EPS?
SES AI reported revenue of $2.0M and eps of $-0.11 for Q4 2024.
Did SES AI beat estimates in Q4 2024?
Revenue beat the consensus estimate of $2.0M by $40.0K. EPS missed the consensus estimate of $-0.07 by $0.04.
Where can I find SES AI's Q4 2024 SEC filings?
You can read the 10-K periodic report (0001819142-25-000017) directly on SEC EDGAR. The filing index links above go to sec.gov.