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SES AI Corporation — Q3 2026 Earnings Summary

SES AI Corporation reported third-quarter revenue of $6.6 million, a 31% increase from the previous quarter, driven primarily by its energy storage business. The company achieved a GAAP net loss of $13.4 million, narrowing from $17.9 million in the second quarter, while completing the ramp-up of its Chungju, Korea facility to produce 1 million NDAA-compliant drone cells annually. Management reiterated its full-year 2026 revenue outlook of $30 million to $35 million and announced a reverse stock split to broaden institutional ownership eligibility. The firm maintains approximately $137 million in liquidity with no debt as it focuses on scaling drone manufacturing and advancing its Molecular Universe battery materials platform.

Company
SES AI CORP
Sector
Consumer Cyclical
Industry
Auto Parts