Aeva Technologies, Inc.AEVAEarnings & Financial Report
Aeva Technologies, Inc. is a publicly traded American corporation specializing in sensing hardware and perception software, including LiDAR, headquartered in Mountain View, California. Aeva makes sensing and perception tools for vehicular automation, metrology, and industrial automation.
AEVA Q1 FY2026 Key Financial Metrics
Revenue
$6.3M
Gross Profit
$1.9M
Operating Profit
$-30.8M
Net Profit
N/A
Gross Margin
31.0%
Operating Margin
-492.1%
Net Margin
N/A
YoY Growth
85.9%
Aeva Technologies, Inc. Q1 FY2026 Financial Summary
Aeva Technologies, Inc. reported revenue of $6.3M (up 85.9% YoY) for Q1 FY2026, with a net profit of N/A (N/A margin). Cost of goods sold was $4.3M, operating expenses totaled $32.8M.
Key Financial Metrics
| Total Revenue | $6.3M |
|---|---|
| Net Profit | N/A |
| Gross Margin | 31.0% |
| Operating Margin | -492.1% |
| Report Period | Q1 FY2026 |
Revenue Breakdown
Aeva Technologies, Inc. Q1 FY2026 revenue of $6.3M breaks down across 2 segments, led by Professional service at $3.8M (61.2% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Professional service | $3.8M | 61.2% |
| Product | $2.4M | 38.8% |
Aeva Technologies, Inc. Annual Revenue by Year
Aeva Technologies, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $18.1M).
Aeva Technologies, Inc. Quarterly Revenue & Net Profit History
Aeva Technologies, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $6.3M | +85.9% | N/A | N/A |
| Q4 FY2025 | $5.6M | +108.5% | $-25.3M | -450.3% |
| Q3 FY2025 | $3.6M | +59.1% | $107.5M | 3003.5% |
| Q2 FY2025 | $5.5M | +173.9% | $-192.7M | -3497.4% |
| Q1 FY2025 | $3.4M | +59.8% | $-34.9M | -1035.2% |
| Q4 FY2024 | $2.7M | +67.3% | $-36.1M | -1340.7% |
| Q3 FY2024 | $2.3M | +177.8% | $-37.4M | -1662.0% |
| Q2 FY2024 | $2.0M | +170.8% | $-43.4M | -2156.7% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.0M | $2.3M | $2.7M | $3.4M | $5.5M | $3.6M | $5.6M | $6.3M |
| YoY Growth | 170.8% | 177.8% | 67.3% | 59.8% | 173.9% | 59.1% | 108.5% | 85.9% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $198.1M | $169.1M | $147.5M | $114.5M | $91.1M | $92.8M | $179.7M | $147.3M |
| Liabilities | $38.1M | $39.9M | $48.1M | $45.7M | $209.3M | $59.6M | $166.5M | $159.7M |
| Equity | $160.0M | $129.3M | $99.4M | $68.8M | $-118.2M | $33.2M | $13.2M | N/A |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $-29.2M | $-25.9M | $-20.9M | $-30.8M | $-29.8M | $-32.3M | $-22.1M |