SES AI Corporation splits its revenue into 2 lines in its filings. The largest line in fiscal 2025, which ended Dec 31, 2025 was Services at $13.6 million, 65% of the total.
USD in millions. The percent under a figure is the change from the year before.
| Line |
FY 2026
Jun 30, 2026
|
FY 2025
Dec 31, 2025
|
FY 2024
Dec 31, 2024
|
FY 2023
Dec 31, 2023
|
FY 2022
Dec 31, 2022
|
FY 2021
Dec 31, 2021
|
|---|---|---|---|---|---|---|
| Revenue |
23
|
21
|
2
|
—
|
—
|
—
|
| Services |
5
share 19.4%
|
14
+607.4%
share 64.7%
|
2
share 94.1%
|
—
|
—
|
—
|
| Product |
19
share 80.6%
|
7
+6081.7%
share 35.3%
|
0
share 5.9%
|
—
|
—
|
—
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.
Company profile
- Industry
- Miscellaneous Electrical Machinery, Equipment & Supplies (SIC 3690)
- Listed as
- SES (NYSE), SESCW (OTC)
- Fiscal year ends
- December 31
- Headquarters
- Woburn, MA
- SEC filer status
- Non-accelerated filer, Smaller reporting company
- SEC CIK
- 1819142
- Former names
- SES AI Corp (until Oct 27, 2026); Ivanhoe Capital Acquisition Corp. (until Feb 4, 2022)
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Source: SEC EDGAR filings. This is company-reported data, not investment advice.