SES AI Corporation (SES) Stock Score, Valuation & Financial Research

SES AI Corporation is in the Consumer Cyclical sector and Auto - Parts industry. It is reviewed using Wall Street Score's company-strength, valuation, growth and financial-health framework. A complete Wall Street Score is not currently available.

Quick answer for SES

SES AI Corporation does not currently have a complete Wall Street Score. The stored market price is USD 0.79. These figures are a research snapshot, not a buy or sell recommendation.

What SES AI Corporation does

SES AI Corporation develops and produces AI enhanced lithium metal and lithium-ion rechargeable battery technologies for electric vehicles, urban air mobility, drones, robotics, battery energy storage systems, and other applications. It manufactures and sells residential and commercial ESS systems, li-ion, li metal battery cells and battery materials, such as electrolytes for automotive original equipment manufacturers and others. The company operates in the United States and the Asia Pacific regions. SES AI Corporation was founded in 2012 and is headquartered in Woburn, Massachusetts.

Company business and revenue

Research reporting period: 2025-12-31. A research update is not a new financial filing.

How the company makes money

SES AI Corporation generates revenue primarily through the development and manufacturing of AI-enhanced high-performance Li-Metal and Li-ion batteries. The company also provides battery-related services and has expanded its business model through the acquisition of UZ Energy to integrate energy storage solutions and AI-driven battery health monitoring.

Products and services

  • The company develops and manufactures high-performance lithium-metal and lithium-ion batteries, provides AI-enhanced battery health and safety monitoring, and offers energy storage solutions.

Brands and product families

  • Molecular Universe — An AI platform used for battery research, development, and health monitoring. Source

Annual revenue by business

  • Service: USD 13,582,000 · 64.68% calculated revenue share (period 2025-12-31) Source
  • Product: USD 7,418,000 · 35.32% calculated revenue share (period 2025-12-31) Source

Revenue share is not a unit-sales or best-seller ranking. Categories may overlap; do not add rows from different breakdowns.

Customer types

Automotive manufacturers; Energy storage system providers.

Suppliers, materials and equipment

  • Raw material and component suppliers — The company relies on various third-party suppliers for raw materials and components necessary for battery production; specific supplier names are not disclosed. Source

Business relationships and partnerships

  • Hisun — The company entered into a joint venture with Hisun to advance battery technology and manufacturing capabilities. Source

Business strengths to evaluate

  • Proprietary AI-enhanced battery development and health monitoring technology Source

Business risks and research considerations

  • Concentration of revenue among a small number of customers Source
  • Uncertainty regarding AI regulation and safety standards Source

Sources: Company research source · Service · Hisun

Company research refreshed 2026-10-12. This is saved research, not a live check of company relationships. Check the reporting period and source disclosures. Financial figures and scores follow their separate update schedules.

SES financial snapshot

Statement amounts: USD. Quote amounts: USD. No exchange-rate conversion is performed in this snapshot. Market-capitalization currency is not supplied by this projection.

Wall Street Score:
Not currently available
Stored price:
USD 0.79
Market capitalization:
287.93M (currency not supplied)
Revenue:
USD 23.46M
Net income:
USD -67.96M
Free cash flow:
USD -61.22M
Cash:
USD 64.14M
Total debt:
USD 6.7M
EPS:
USD -0.20

What stands out

  • Reported year-over-year revenue growth is +11.7%.
  • Free cash flow is USD -61.22M, negative for the stored period.
  • The balance sheet shows USD 64.14M of cash versus USD 6.7M of total debt, an excess of cash over debt on these two reported measures.
  • The current research record carries a missing revenue history warning, which should be reviewed alongside the score.

Company-specific financial comparisons

The following are calculated from saved company data, not forecasts or statements about future performance. Differences in reporting dates or units can make a ratio misleading; verify the original filings.

  • Free cash flow is -260.9% of stored revenue. This is a simple cross-field ratio, not a verified same-period cash conversion margin; confirm reporting periods before comparison.
  • Net income equals -289.6% of stored revenue. This is an indicative ratio only; accounting periods and units should be verified in filings.
  • Cash exceeds debt by USD 57.43M using the stored balance-sheet values. This does not include other obligations or restricted cash.

Questions worth answering for SES

Use these questions to check the stored figures against the latest company filings. They identify issues to investigate; they are not findings about management's plans or future results.

  • Can SES maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
  • How long can SES fund negative free cash flow using its current cash position before it may need more debt or new shares?
  • How is SES likely to use its cash advantage: reinvestment, acquisitions, debt reduction, dividends or buybacks?
  • What specifically needs to improve for SES to reach sustainable profitability?
  • What does the current missing revenue history warning mean for the reliability or interpretation of SES's score?

What the numbers mean

A complete valuation score is not currently available, so valuation should be checked using the available earnings, cash-flow and price data.

A complete financial score is not currently available, so investors should review cash, debt, earnings and cash flow directly.

A strong company and an attractive stock price are not always the same thing. Revenue, earnings, free cash flow, debt, management quality, competitive advantage and valuation should be considered together. Wall Street Score organizes these inputs into a consistent research framework so investors can identify what deserves deeper review.

Data freshness: Financial data last refreshed 2026-10-01.

Research-input completeness: 82% of the scoring inputs required for this public page are currently available.

How to research SES

Start by understanding how the company makes money. Then compare revenue and earnings trends, cash generation, debt, liquidity and valuation. Review the company's latest filings and earnings reports before acting on any score or model estimate.

Learn how to analyze a stock · Read the Wall Street Score methodology · Browse other stocks

Data may change as company filings and market prices update. Educational research only; not a buy or sell recommendation.