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SES AI Corp is a developer and manufacturer of high-performance, AI-enhanced Lithium-Metal (Li-Metal) and Lithium-ion (Li-ion) rechargeable battery technologies for electric vehicles (EVs), Urban Air Mobility (UAM), drones, robotics, Battery Energy Storage Systems (BESS) and other applications. It includes Software and Hardware products that are EV, UAM, Drone, Molecular Universe, and Avatar.
2022
250
LTM Revenue $12.8M
LTM EBITDA -$77.7M
$210M
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
SES AI has a last 12-month revenue (LTM) of $12.8M and a last 12-month EBITDA of -$77.7M.
In the most recent fiscal year, SES AI achieved revenue of $2.0M and an EBITDA of -$101M.
SES AI expects next 12-month revenue of XXX and NTM EBITDA of XXX
See SES AI valuation multiples based on analyst estimates| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue | $12.8M | XXX | $2.0M | XXX | XXX | XXX |
| Gross Profit | $7.0M | XXX | $1.3M | XXX | XXX | XXX |
| Gross Margin | 55% | XXX | 63% | XXX | XXX | XXX |
| EBITDA | -$77.7M | XXX | -$101M | XXX | XXX | XXX |
| EBITDA Margin | -608% | XXX | -4948% | XXX | XXX | XXX |
| EBIT | -$100M | XXX | -$109M | XXX | XXX | XXX |
| EBIT Margin | -783% | XXX | -5355% | XXX | XXX | XXX |
| Net Profit | -$73.9M | XXX | -$100M | XXX | XXX | XXX |
| Net Margin | -578% | XXX | -4911% | XXX | XXX | XXX |
| Net Debt | XXX | XXX | n/a | XXX | XXX | XXX |
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As of July 31, 2025, SES AI's stock price is $1.
SES AI has current market cap of $440M, and EV of $210M.
See SES AI trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $210M | $440M | XXX | XXX | XXX | XXX | $-0.21 |
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Start Free TrialAs of July 31, 2025, SES AI has market cap of $440M and EV of $210M.
SES AI's trades at 102.9x EV/Revenue multiple, and -2.1x EV/EBITDA.
Equity research analysts estimate SES AI's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
SES AI has a P/E ratio of -6.0x.
See valuation multiples for SES AI and 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $440M | XXX | $440M | XXX | XXX | XXX |
| EV (current) | $210M | XXX | $210M | XXX | XXX | XXX |
| EV/Revenue | 16.4x | XXX | 102.9x | XXX | XXX | XXX |
| EV/EBITDA | -2.7x | XXX | -2.1x | XXX | XXX | XXX |
| EV/EBIT | -2.1x | XXX | -1.9x | XXX | XXX | XXX |
| EV/Gross Profit | 29.9x | XXX | n/a | XXX | XXX | XXX |
| P/E | -6.0x | XXX | -4.4x | XXX | XXX | XXX |
| EV/FCF | n/a | XXX | -2.7x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Start Free TrialSES AI's last 12 month revenue growth is 202%
SES AI's revenue per employee in the last FY averaged $8K, while opex per employee averaged $0.4M for the same period.
SES AI's rule of 40 is unknown (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
SES AI's rule of X is -102% (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
See operational valuation multiples for SES AI and other 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 202% | XXX | 403% | XXX | XXX | XXX |
| EBITDA Margin | -608% | XXX | -4948% | XXX | XXX | XXX |
| EBITDA Growth | -25% | XXX | n/a | XXX | XXX | XXX |
| Rule of 40 | n/a | XXX | -4746% | XXX | XXX | XXX |
| Bessemer Rule of X | XXX | XXX | -102% | XXX | XXX | XXX |
| Revenue per Employee | XXX | XXX | $8K | XXX | XXX | XXX |
| Opex per Employee | XXX | XXX | $0.4M | XXX | XXX | XXX |
| S&M Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| G&A Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| R&D Expenses to Revenue | XXX | XXX | 3536% | XXX | XXX | XXX |
| Opex to Revenue | XXX | XXX | 5418% | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| Alfen | XXX | XXX | XXX | XXX | XXX | XXX |
| Royal Vopak | XXX | XXX | XXX | XXX | XXX | XXX |
| Aegis Logistics | XXX | XXX | XXX | XXX | XXX | XXX |
| Friwo | XXX | XXX | XXX | XXX | XXX | XXX |
| SMA Solar Technology | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
SES AI acquired XXX companies to date.
Last acquisition by SES AI was XXXXXXXX, XXXXX XXXXX XXXXXX . SES AI acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.
Start Free Trial| When was SES AI founded? | SES AI was founded in 2022. |
| Where is SES AI headquartered? | SES AI is headquartered in United States of America. |
| How many employees does SES AI have? | As of today, SES AI has 250 employees. |
| Who is the CEO of SES AI? | SES AI's CEO is Dr. Qichao Hu, PhD. |
| Is SES AI publicy listed? | Yes, SES AI is a public company listed on NYS. |
| What is the stock symbol of SES AI? | SES AI trades under SES ticker. |
| When did SES AI go public? | SES AI went public in 2022. |
| Who are competitors of SES AI? | Similar companies to SES AI include e.g. Alfen, Royal Vopak, Aegis Logistics, Friwo. |
| What is the current market cap of SES AI? | SES AI's current market cap is $440M |
| What is the current revenue of SES AI? | SES AI's last 12 months revenue is $12.8M. |
| What is the current revenue growth of SES AI? | SES AI revenue growth (NTM/LTM) is 202%. |
| What is the current EV/Revenue multiple of SES AI? | Current revenue multiple of SES AI is 16.4x. |
| Is SES AI profitable? | Yes, SES AI is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of SES AI? | SES AI's last 12 months EBITDA is -$77.7M. |
| What is SES AI's EBITDA margin? | SES AI's last 12 months EBITDA margin is -608%. |
| What is the current EV/EBITDA multiple of SES AI? | Current EBITDA multiple of SES AI is -2.7x. |
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