SES AI Corp (NYSE:SES)

Q4 2025 SES AI Corp Earnings Call Transcript

Mar 4, 2026 / 10:00 PM GMT

Release Date Price: $1.71 (+10.32%)

Transcript 10-K8-K

Key Points

Positve

SES AI Corp (SES) reported a significant increase in full-year revenue, reaching $21 million in 2025 compared to just over $2 million in 2024.
The company successfully completed its EV development work with Honda and Hyundai, contributing to its revenue growth.
SES AI Corp (SES) has made substantial progress in developing its Molecular Universe platform, which has accelerated the discovery of new materials.
The acquisition of UZ Energy has expanded SES AI Corp (SES)'s presence in the energy storage systems (ESS) market, with plans to integrate advanced battery health monitoring.
The company is well-positioned in the growing drone market, leveraging its lithium metal and high silicon carbon lithium-ion batteries for high energy density and power density applications.

Negative

Logistics constraints delayed shipments at the end of 2025, pushing approximately $1.5 million of revenue into the first quarter of 2026.
The EV market is experiencing a slowdown, with automakers hesitant to invest in mass-scale production of next-gen battery technology.
SES AI Corp (SES) reported a GAAP net loss of $73 million for the full year 2025, although this was an improvement from the previous year.
The company's gross margin on product revenue is expected to be around 15%, which is relatively low compared to service revenue.
Operating expenses remain high, although they have decreased year over year, reflecting the company's ongoing investment in its Molecular Universe platform and commercial growth initiatives.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

SES.N - SES AI Corp
Q4 2025 SES AI Corp Earnings Call
Mar 04, 2026 / 10:00PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good afternoon.

Thank you for attending today's SES AI 4th quarter and full year 2025 earnings results call. My name is Tamia and I will be your moderator for today's call. All lines will be muted during the presentation portion of the call with an opportunity for questions and answers at the end. If you would like to ask a question, please press 1 on your telephone keypad. I would now like to pass the conference over to your host, Kyle Pilkington, Chief Legal Officer.

--------------------------------------------------------------------------------
Unidentified_2 [2]
--------------------------------------------------------------------------------
Hello everyone and welcome to our conference call covering our fourth

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.