SES AI Corporation announced its second quarter 2025 financial results on August 4, 2025, reporting revenue of $3.5 million for the quarter ended June 30, 2025. The company affirmed its previously issued full year 2025 revenue guidance of $15 million to $25 million.
The company reported a GAAP net loss of $22.7 million for Q2 2025, compared to $19.9 million a year ago. Research and development expenses increased by 27% to $19.1 million, reflecting continued investment in AI infrastructure and technology development.
Cash used for operations significantly decreased by 51% year-over-year and 53% quarter-over-quarter to $10.8 million, demonstrating operational discipline. SES AI ended the quarter with $229 million in cash and marketable securities and no debt, providing a strong liquidity position. The company also highlighted the release of Molecular Universe MU-0.5 and the agreement to acquire UZ Energy.
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