vs

Side-by-side financial comparison of Aeva Technologies, Inc. (AEVA) and BIT ORIGIN Ltd (BTOG). Click either name above to swap in a different company.

Aeva Technologies, Inc. is the larger business by last-quarter revenue ($6.3M vs $2.9M, roughly 2.2× BIT ORIGIN Ltd).

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.

Origin Systems, Inc. was an American video game developer based in Austin, Texas. It was founded on March 3, 1983, by Richard Garriott and his brother Robert. Origin is best known for their groundbreaking work in multiple genres of video games, such as the Ultima and Wing Commander series. The company was purchased by Electronic Arts in 1992.

AEVA vs BTOG — Head-to-Head

Bigger by revenue
AEVA
AEVA
2.2× larger
AEVA
$6.3M
$2.9M
BTOG

Income Statement — Q1 FY2026 vs Q2 FY2024

Metric
AEVA
AEVA
BTOG
BTOG
Revenue
$6.3M
$2.9M
Net Profit
$-7.1M
Gross Margin
31.0%
Operating Margin
-492.1%
-233.8%
Net Margin
-244.4%
Revenue YoY
85.9%
Net Profit YoY
EPS (diluted)
$-1.99

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AEVA
AEVA
BTOG
BTOG
Q1 26
$6.3M
Q4 25
$5.6M
Q3 25
$3.6M
Q2 25
$5.5M
Q1 25
$3.4M
Q4 24
$2.7M
Q3 24
$2.3M
Q2 24
$2.0M
Net Profit
AEVA
AEVA
BTOG
BTOG
Q1 26
Q4 25
$-25.3M
Q3 25
$107.5M
Q2 25
$-192.7M
Q1 25
$-34.9M
Q4 24
$-36.1M
Q3 24
$-37.4M
Q2 24
$-43.4M
Gross Margin
AEVA
AEVA
BTOG
BTOG
Q1 26
31.0%
Q4 25
23.5%
Q3 25
12.0%
Q2 25
-49.4%
Q1 25
9.2%
Q4 24
-30.7%
Q3 24
-32.0%
Q2 24
-42.1%
Operating Margin
AEVA
AEVA
BTOG
BTOG
Q1 26
-492.1%
Q4 25
-517.6%
Q3 25
-926.5%
Q2 25
-633.7%
Q1 25
-903.1%
Q4 24
-1270.0%
Q3 24
-1683.4%
Q2 24
-2431.1%
Net Margin
AEVA
AEVA
BTOG
BTOG
Q1 26
Q4 25
-450.3%
Q3 25
3003.5%
Q2 25
-3497.4%
Q1 25
-1035.2%
Q4 24
-1340.7%
Q3 24
-1662.0%
Q2 24
-2156.7%
EPS (diluted)
AEVA
AEVA
BTOG
BTOG
Q1 26
Q4 25
$2.10
Q3 25
$-0.52
Q2 25
$-3.49
Q1 25
$-0.64
Q4 24
$-0.66
Q3 24
$-0.70
Q2 24
$-0.82

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AEVA
AEVA
BTOG
BTOG
Cash + ST InvestmentsLiquidity on hand
$31.2M
$6.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$9.0M
Total Assets
$147.3M
$13.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AEVA
AEVA
BTOG
BTOG
Q1 26
$31.2M
Q4 25
$121.9M
Q3 25
$48.9M
Q2 25
$49.8M
Q1 25
$81.0M
Q4 24
$112.0M
Q3 24
$134.8M
Q2 24
$160.2M
Stockholders' Equity
AEVA
AEVA
BTOG
BTOG
Q1 26
Q4 25
$13.2M
Q3 25
$33.2M
Q2 25
$-118.2M
Q1 25
$68.8M
Q4 24
$99.4M
Q3 24
$129.3M
Q2 24
$160.0M
Total Assets
AEVA
AEVA
BTOG
BTOG
Q1 26
$147.3M
Q4 25
$179.7M
Q3 25
$92.8M
Q2 25
$91.1M
Q1 25
$114.5M
Q4 24
$147.5M
Q3 24
$169.1M
Q2 24
$198.1M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AEVA
AEVA
BTOG
BTOG
Operating Cash FlowLast quarter
$-4.6M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AEVA
AEVA
BTOG
BTOG
Q1 26
Q4 25
$-22.1M
Q3 25
$-32.3M
Q2 25
$-29.8M
Q1 25
$-30.8M
Q4 24
$-20.9M
Q3 24
$-25.9M
Q2 24
$-29.2M
Free Cash Flow
AEVA
AEVA
BTOG
BTOG
Q1 26
Q4 25
$-23.7M
Q3 25
$-33.6M
Q2 25
$-31.2M
Q1 25
$-31.3M
Q4 24
$-23.0M
Q3 24
$-26.4M
Q2 24
$-29.9M
FCF Margin
AEVA
AEVA
BTOG
BTOG
Q1 26
Q4 25
-420.9%
Q3 25
-938.4%
Q2 25
-566.0%
Q1 25
-927.9%
Q4 24
-854.5%
Q3 24
-1174.7%
Q2 24
-1488.3%
Capex Intensity
AEVA
AEVA
BTOG
BTOG
Q1 26
Q4 25
26.9%
Q3 25
35.6%
Q2 25
24.8%
Q1 25
13.6%
Q4 24
79.3%
Q3 24
24.1%
Q2 24
38.7%
Cash Conversion
AEVA
AEVA
BTOG
BTOG
Q1 26
Q4 25
Q3 25
-0.30×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AEVA
AEVA

Professional service$3.8M61%
Product$2.4M39%

BTOG
BTOG

Segment breakdown not available.

Related Comparisons