SES AI Reports Preliminary Q2 2025 Financial Results and Confirms Annual Revenue Outlook
SES AI Corporation (NYSE: SES), a leader in AI-enhanced high-performance Li-Metal and Li-ion batteries, released its preliminary financial results for the quarter ended June 30, 2025. The company reaffirmed its full-year 2025 revenue guidance, targeting between $15 million and $25 million.
Key Financial Highlights for Q2 2025
- Revenue of $3.5 million for the quarter, totaling $9.3 million for the first half of 2025
- Gross margin of 74%
- Cash used in operations decreased by 51% compared to Q2 2024 and 53% compared to Q1 2025, totaling $10.8 million
- Strong liquidity position with $229 million in cash, cash equivalents, and marketable securities at quarter-end and zero debt
SES AI’s CEO, Qichao Hu, highlighted progress toward profitability and the company’s strategic move to acquire UZ Energy. This acquisition, expected to close soon, will add revenue streams in 2025 and support SES AI's growth in the global energy storage market.
Strategic Acquisition to Boost Growth
The acquisition of Shenzhen UZ Energy Co. Ltd. represents a strategic step for SES AI to expand its platform capabilities and accelerate revenue growth. The company is deploying a portion of its substantial liquidity to capitalize on this opportunity.
Upcoming Financial Reporting
SES AI will release its full second-quarter 2025 results after market close on Monday, August 4, 2025. A conference call will follow at 5:00 PM ET to review quarterly performance and discuss the outlook.
About SES AI
Founded in 2012 and headquartered in Boston with operations across Asia, SES AI develops advanced Li-Metal batteries powered by superintelligent AI technologies. Their AI-driven approach spans R&D, materials sourcing, cell design, manufacturing, and battery health monitoring. More information is available on their official website.
Important Considerations
The financial figures presented are preliminary, unaudited estimates subject to finalization. Actual results for Q2 2025 may differ materially once the company completes its accounting processes.
This release contains forward-looking statements, including expectations about the acquisition and future financial performance, which involve risks and uncertainties. Factors such as potential delays or failures in closing the UZ Energy acquisition, changes in market conditions, and other risks detailed in SES AI’s SEC filings could impact outcomes.
Investors should monitor SES AI’s official channels for updates and additional disclosures.
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