Aeva Technologies, Inc. (AEVA)

Aeva Technologies, Inc. engages in the design, manufacture, and sale of LiDAR sensing systems, and related perception and autonomy-enabling software solutions in North America, Europe, Oceania, and Asia. The company develops its products using frequency modulated continuous wave (FMCW) sensing technology. It also offers Aeva Omni, a wide-view short-range 4D LiDAR; Aeva Atlas, a orion long-range 4D LiDAR with data and power over ethernet; CityOS, a AI operating system for real-time traffic intelligence designed to improve safety, efficiency, and data-driven transportation planning in cities; Atlas, a FMCW 4D LiDAR with simultaneous velocity and range detection for mass production and built to meet automotive-grade requirements; Aeva Eve1, a line of high-precision laser displacement sensors for volume industrial automation; and Atlas Ultra, a 4D LiDAR sensor built to meet the performance demands of SAE Level 3 and 4 automated driving systems in passenger and commercial vehicles. Its products are also used in automotive, consumer devices, industrial automation, and security market applications. The company also engages in optical connectivity business. Aeva Technologies, Inc. was founded in 2017 and is headquartered in Mountain View, California.

Ticker
AEVA
Exchange
Nasdaq
Sector
Technology
Industry
Software - Infrastructure
Market cap
$768.39M
52-week range
$8.26 - $31.30

Valuation

Share price
$11.00 (close of Nov 6, 2026)
P/E (TTM)
-5.11x
Price to book
17.76x
Price to free cash flow
-6.76x
Enterprise value
$753.11M
Book value per share
$0.62

Price performance

PeriodChange
1 day+19.70%
5 days+18.66%
1 month-24.50%
3 months-56.45%
6 months-33.61%
Year to date-17.17%
1 year-14.99%
3 years+248.10%
5 years-73.17%
All time-77.66%

Short interest

As of
Oct 15, 2026
Short % of float
20.37%
Shares short
9.80M
Days to cover
6.35
Change since prior report
+9.39%
Source
FINRA consolidated short interest

Profitability and growth

Return on invested capital
-110.37%
Return on assets
-80.93%
Return on capital employed
-88.71%
Gross margin
-3.65%
Net margin
-804.40%
EBITDA margin
-676.01%
Revenue growth
99.44%

Cash flow and balance sheet

Free cash flow yield (TTM)
-14.80%
Current ratio
6.26x
Net debt to EBITDA
0.09x

Latest reported year

Period end
Dec 31, 2025
Fiscal year
2025
Revenue
$18.08M
Cost of revenue
$18.74M
Gross profit
-$660.00K
EBITDA
-$122.22M
Net income
-$145.43M
Earnings per share
$-2.55
Research and development
$85.42M
Shares outstanding
57.02M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$18.08M-$660.00K-$145.43M-$2.55
2024-12-31$9.06M-$3.79M-$152.26M-$2.85
2023-12-31$4.31M-$5.89M-$149.33M-$3.29
2022-12-31$4.19M-$4.25M-$147.31M-$3.39
2021-12-31$9.27M$3.43M-$101.88M-$2.55
2020-12-31$4.84M$2.10M-$25.57M-$0.90
2019-12-31$1.38M$569.00K-$19.59M-$0.85
2018-12-31$135.00K$78.00K-$11.17M-

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-31-3.65%-804.40%--110.37%
2024-12-31-41.81%-1,679.66%-153.25%-153.59%
2023-12-31-136.50%-3,463.20%-65.37%-62.68%
2022-12-31-101.50%-3,513.96%-44.65%-45.04%
2021-12-3137.04%-1,099.60%-22.32%-22.32%
2020-12-3143.40%-527.98%-95.01%-95.65%
2019-12-3141.11%-1,415.75%-40.31%-41.34%
2018-12-3157.78%-8,272.59%--

Cash and debt by year

Period endCashDebt
2025-12-31$72.29M$96.69M
2024-12-31$28.86M-
2023-12-31$38.55M-
2022-12-31$67.42M-
2021-12-31$66.81M-
2020-12-31$24.62M-
2019-12-31$46.64M-
2018-12-31$27.45M-

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31-$119.69M$21.84M
2024-12-31-$112.02M$23.71M
2023-12-31-$124.93M$23.68M
2022-12-31-$117.35M$24.25M
2021-12-31-$85.95M$22.24M
2020-12-31-$22.09M$3.81M
2019-12-31-$16.80M$2.15M
2018-12-31-$12.71M$755.00K

Investor relations

Past earnings dates

ReportedFiscal periodEPS estimate
2026-11-04Sep 2026-$0.58
2026-08-05Jun 2026-$0.57
2026-05-06Mar 2026-$0.53
2026-02-26Dec 2025-$0.55
2025-11-05Sep 2025-$0.57
2025-07-31Jun 2025-$0.53
2025-05-14Mar 2025-$0.59
2025-03-19Dec 2024-$0.69

Filings and sources

Company website
aeva.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

Similar companies

Microsoft Corp (MSFT) · Palantir Technologies Inc. (PLTR) · Oracle Corp (ORCL) · Palo Alto Networks Inc (PANW) · CrowdStrike Holdings, Inc. (CRWD) · Fortinet, Inc. (FTNT) · Cloudflare, Inc. (NET) · Synopsys Inc (SNPS)

All Technology companies

Understanding these figures

Price-to-earnings ratio · Short interest · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

Explore

Company directory · S&P 500 heatmap · Earnings calendar · Super investor holdings · Congress trades