SES AI Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	29.54	128.8	85.67	106.62	160.5
Short-Term Investments	170.09	133.75	246.78	283.46	-
Cash & Short-Term Investments	199.63	262.54	332.45	390.08	160.5
Cash Growth	-23.96%	-21.03%	-14.78%	143.05%	99420.06%
Accounts Receivable	4.78	0.95	3.91	2.38	7.91
Inventory	5.15	0.21	0.56	0.38	-
Other Current Assets	6.71	13.2	11.71	3.79	1.56
Total Current Assets	216.28	276.9	348.63	396.64	169.97
Net Property, Plant & Equipment	36.5	48.09	51.06	39.12	12.49
Other Intangible Assets	2.81	1.22	1.35	1.47	1.63
Goodwill	13.27	-	-	-	-
Other Long-Term Assets	3.79	3.57	5.78	3.21	9.26
Total Assets	272.65	329.79	406.81	440.44	193.35
Accounts Payable	5.69	1.9	4.83	6.19	4.71
Accrued Expenses	15.07	18.33	13.12	11.27	6.27
Current Portion of Leases	2.59	2.3	2.4	1.9	-
Other Current Liabilities	1.09	-	-	-	-
Total Current Liabilities	24.16	22.82	20.36	19.36	10.99
Long-Term Leases	5.81	7.98	11.32	10.17	-
Other Long-Term Liabilities	27.92	20.68	16.19	19.38	0.75
Total Long-Term Liabilities	33.74	28.66	27.51	29.54	0.75
Total Liabilities	57.89	51.48	47.86	48.9	11.73
Common Stock	0.04	0.04	0.04	0.04	0.01
Additional Paid-in Capital	588.36	579.38	559.21	538.04	5.6
Accumulated Other Comprehensive Income	-1.73	-2.23	-1.61	-1.25	0.37
Retained Earnings	-371.91	-298.87	-198.69	-145.29	-94.29
Total Common Shareholders' Equity	214.76	278.31	358.95	391.54	-88.32
Minority Interest	-	-	-	-	269.94
Shareholders' Equity	214.76	278.31	358.95	391.54	181.62
Total Liabilities & Equity	272.65	329.79	406.81	440.44	193.35
Total Debt	8.4	10.28	13.72	12.06	0
Net Cash (Debt)	191.23	252.27	318.73	378.02	160.5
Net Cash Growth	-24.19%	-20.85%	-15.68%	135.53%	-
Net Cash Per Share	0.58	0.78	1.01	1.31	2.63
Book Value	214.76	278.31	358.95	391.54	-88.32
Book Value Per Share	0.65	0.86	1.14	1.36	-1.45
Tangible Book Value	198.67	277.09	357.61	390.07	-89.95
Tangible Book Value Per Share	0.60	0.86	1.14	1.35	-1.47

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q