Why Did SES AI Stock Plunge 12.41%? Earnings Miss 22.22%

On August 5, 2025, SES AI's stock price dropped 12.41% in pre-market trading, marking a significant decline for the company.

SES AI Corporation reported its second-quarter earnings for 2025, revealing a revenue of $3.5 million, which fell short of the expected $4.5 million, resulting in a 22.22% miss. This shortfall in revenue estimates was a key factor contributing to the stock's decline. The company's actual revenues of $3.5 million for the quarter were significantly lower than the anticipated $4.5 million, highlighting the challenges faced by the company in meeting market expectations.

Despite the financial setbacks, SES AI Corporation has maintained a lean and capital-light operational structure, with no debt and a robust 74% gross margin driven by strong service performance. The company's focus on cutting-edge battery solutions has attracted attention and revenue, although it remains an early-stage company. Additionally, SES AI Corporation regained compliance with NYSE listing criteria by August 2025, after being notified of non-compliance in March 2025. This regulatory compliance is a positive development for the company, but it may not be enough to offset the impact of the revenue miss on investor sentiment.