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SES AI SES Asia Pacific — PP&E (Net)

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BEN
BENAsia-Pacific — PP&E (Net)
$29.4M-12.2%

Other financials

Income statement

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Revenue$5.1M+43.8%
Gross profit$1.1M-55.9%
Operating income-$19.2M+16.6%
Net income-$17.9M+21.0%
EPS (diluted)-$0.05+28.6%

Balance sheet

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Cash & equivalents$64.1M+446%
Total debt$7.1M-23.2%
Total equity$187.1M-24.9%
Total assets$236.2M-18.7%

Cash flow

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Operating cash flow-$13.8M-27.8%
CapEx$656.0K-18.4%
Free cash flow-$14.5M-24.6%

Valuation

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Market cap$196.38M-51.2%
Enterprise value$139.39M-65.1%
P/S8.4×-30.5×

Profitability

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Gross margin27.8%-47.7pp
Operating margin-312.8%-129pp
Net margin-289.6%-119pp
FCF margin-257.7%-99.7pp

Returns & leverage

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Return on equity-31.2%-2.7pp
Debt / equity0.0×
Current ratio6.5×-5.9×

Where this comes from

Reported directly by SES AI in its filing.

Tagged under the XBRL concept us-gaap:PropertyPlantAndEquipmentNet.

The source filing: SES AI’s 10-K, filed March 4, 2026.

Filed
Mar 4, 2026, 5:16 PM EST
Fiscal year
FY2025
Accession
0001819142-26-000010
(in thousands)As of December 31, 2025As of December 31, 2024
Property and equipment, net:
Asia Pacific$18,346$24,041
United States10,52014,124
Total property and equipment, net$28,866$38,165

Item 8. Financial Statements and Supplementary Data

FAQ

What is SES AI's asia pacific — PP&E (net)?
SES AI (SES) reported asia pacific — PP&E (net) of $18.35M in Q4 2025.
What does asia pacific — PP&E (net) mean?
This metric represents the net book value of tangible long-term assets located within the Asia Pacific region, including manufacturing facilities, machinery, and equipment used in the development and production of battery technologies. It reflects the company's capital investment intensity and physical infrastructure footprint in this specific geographic market. Tracking this value over time provides insight into the company's regional expansion efforts and the scale of its operational capacity.

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