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.

Symbol
AEVA
Exchange
Nasdaq
Sector
Technology
Industry
Software - Infrastructure
Market cap
$1.05B
52 week range
8.83 - 31.3

Valuation

Share price
$15.22 (close of 2026-09-23)
P/E (TTM)
-72.48x
Price to book
37.97x
Price to free cash flow
-8.96x
Enterprise value
$1.10B
Book value per share
$0.40

Price performance

PeriodChange
1 day-0.39%
5 days+7.26%
1 month-16.79%
3 months-35.34%
6 months-1.04%
Year to date+14.61%
1 year-16.24%
3 years+301.58%
5 years-65.17%
All time-69.09%

Profitability and growth

Return on equity
-1100.48%
Return on invested capital
-294.56%
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%
Net income growth
4.49%
Free cash flow growth
-6.84%

Cash flow and balance sheet

Free cash flow yield (TTM)
-11.16%
Current ratio
7.85x
Net debt to EBITDA
-0.35x

Latest reported year

Period end
2025-12-31
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

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-31-3.65%-804.40%-1100.48%-294.56%
2024-12-31-41.81%-1679.66%-153.25%-213.30%
2023-12-31-136.50%-3463.20%-65.37%-74.92%
2022-12-31-101.50%-3513.96%-44.65%-56.29%
2021-12-3137.04%-1099.60%-22.32%-26.05%
2020-12-3143.40%-527.98%-95.01%-1124.55%
2019-12-3141.11%-1415.75%-40.31%-1021.50%

Cash and debt by year

Period endCash
2025-12-31$72.29M
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

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

Investor relations

Next earnings report

Next confirmed report
2026-11-04

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-05Jun/2026-
2026-05-06--
2026-02-26--
2025-11-05--
2025-07-31--
2025-05-14--
2025-05-05--
2025-03-19--

Filings and sources

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

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