Aeva Technologies, Inc.

Listed Company

AEVACIK 0001789029NasdaqLarge AcceleratedMotor Vehicle Parts & AccessoriesDelawareFY ends Dec 31

Period

FY 2025

Revenue

$18.08M

Net Income

$-145.43M

Total Assets

$179.70M

Equity

$13.21M

Shares Out

63.04M

Op. Cash Flow

$-115.08M

AEVA$16.71−45.55% · past yearDBEQ Basic

Daily closing prices

Business

Aeva Technologies, Inc. develops and commercial 4D LiDAR-on-chip perception technology based on proprietary FMCW sensing to measure range, reflectivity and instantaneous velocity for every pixel. It offers integrated silicon photonics LiDAR sensors and modules (including Aeries II, Atlas and Atlas Ultra), custom digital signal processing ASICs and 4D perception software for object detection, classification, tracking and vehicle state estimation. Its primary business segments target automotive, industrial automation, consumer device and security applications. Aeva markets and distributes its solutions to OEMs, Tier 1 suppliers, mobility players and industrial customers via strategic partnerships, development agreements and third-party manufacturers for integration into final products.

Summary from filing dated 2025-03-21

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Revenue	18	9	4	4	9
Cost of revenue	19	13	10	8	6
Gross loss	−660,000	−4	−6	−4	3
Research and development expenses	85	103	103	110	75
General and administrative expenses	35	33	32	31	28
Selling and marketing expenses	7	7	8	7	4
Litigation settlement, net	0	12	0	0	—
Total operating expenses	127	155	142	148	108
Operating loss	−128	−158	−148	−152	−104
Interest income	3	8	9	4	372,000
Fair value at issuance of Series A warrants	0	0	−7	—	—
Change in fair value of warrant liabilities	−21	−1	−182,000	—	—
Fair value gain on settlement of share subscription liability	2	0	0	—	—
Other income (expense), net	−459,000	56,000	−4	943,000	2
Net loss before income taxes	−145	−152	−149	−147	−102
Income tax provision	308,000	171,000	0	0	0
Net loss	−145	−152	−149	−147	−102
Unrealized (loss) gain on available-for-sale securities	−51,000	134,000	3	−3	−524,000
Total comprehensive loss	−145	−152	−146	−150	−102
Net loss per share, basic	−2.55	−2.85	−3.29	−3.39	−0.51
Net loss per share, diluted	−2.55	−2.85	−3.29	−3.39	−0.51
Weighted-average shares used in computing net loss per share, basic	57	53	45	43	201
Weighted-average shares used in computing net loss per share, diluted	57	53	45	43	201

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and Cash Equivalent	72	29	39	67	67
Marketable securities	50	83	182	256	378
Accounts receivable, net	3	1	628,000	3	2
Inventories	6	2	2	3	2
Other current assets	22	8	5	5	9
Total current assets	154	123	229	335	458
Operating lease right-of-use assets	5	4	7	7	10
Property, plant, and equipment, net	13	10	12	10	5
Intangible assets, net	825,000	2	3	4	4
Other noncurrent assets	7	8	6	862,000	859,000
Total assets	180	147	257	357	479
Accounts payable	6	5	4	5	4
Accrued liabilities	12	6	3	9	4
Accrued employee costs	14	6	6	5	2
Lease liability, current portion	1	3	4	3	3
Other current liabilities	2	19	3	194,000	733,000
Total current liabilities	36	39	18	22	14
Lease liability, noncurrent portion	4	720,000	4	5	7
Convertible notes	97	0	—	—	—
Warrant liability	30	8	7	90,000	1
Total liabilities	166	48	29	27	23
Commitments and contingencies (Note 15)	—	—	—	—	—
Convertible preferred stock $0.0001 par value, 10,000 shares authorized; no shares issued and outstanding as of December 31, 2025 and December 31, 2024	0	0	0	0	0
Common stock $0.0001 par value; 422,000 shares authorized; 61,580 and 54,140 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively	6,000	6,000	5,000	22,000	21,000
Additional paid-in capital	771	711	688	644	620
Accumulated other comprehensive (loss) income	−4,000	47,000	−87,000	−4	−524,000
Accumulated deficit	−757	−612	−460	−310	−163
Total stockholders' equity	13	99	228	330	456
Total liabilities and stockholders' equity	180	147	257	357	479

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Net loss	−145	−152	−149	−147	−102
Depreciation and amortization	5	5	5	3	1
Impairment of inventories	493,000	1	224,000	2	0
Loss on joint development agreement (2)	4	0	0	—	—
Stock-based compensation	22	24	24	24	22
Amortization of right-of-use assets	3	3	3	3	2
Amortization of premium and accretion of discount on available-for-sale securities, net	−1	−4	−3	389,000	1
Other	423,000	563,000	0	0	—
Accounts receivable, net	−3	−559,000	2	−546,000	−2
Inventories	−4	−1	353,000	−3	−844,000
Other current assets	−9	−3	279,000	4	−7
Other noncurrent assets	288,000	318,000	−270,000	−3,000	−795,000
Accounts payable	−504,000	2	−2	1	3
Accrued liabilities	3	2	−6	5	3
Accrued employee costs	8	−260,000	1	3	—
Lease liability	−3	−4	−3	−3	−2
Other current liabilities	−18	17	2	−539,000	458,000
Net cash used in operating activities	−115	−107	−119	−110	−82
Purchase of property, plant, and equipment (including advance)	−5	−5	−6	−7	−4
Purchase of non-marketable equity investments	0	0	−5	0	0
Purchase of available-for-sale securities	−75	−80	−152	−210	−572
Proceeds from maturities of available-for-sale securities	110	183	233	329	172
Net cash provided by investing activities	30	98	69	111	−389
Proceeds from issuance of stock in private placement	33	0	21	0	0
Transaction costs related to business combination and private offering	−400,000	—	0	0	−47
Transaction costs related to issuance of stock in private placement	—	0	−818,000	0	0
Proceeds from convertible notes	100	0	0	—	—
Transaction costs related to convertible notes	−3	0	0	—	—
Payments of taxes withheld on net settled vesting of restricted stock units	−578,000	−752,000	−199,000	−720,000	−1
Proceeds from exercise of stock options	128,000	81,000	238,000	350,000	911,000
Net cash (used in) provided by financing activities	129	−671,000	21	−369,000	513
Net increase (decrease) in cash and cash equivalents	43	−10	−29	610,000	42
Cash paid for interest	0	0	0	0	0
Cash paid for income taxes	174,000	165,000	0	0	0
Unpaid property, plant and equipment purchases	727,000	835,000	90,000	79,000	796,000
Joint development contract assets	8	0	0	—	—
Convertible debt issuance cost included in accounts payable	297,000	0	0	—	—
Right-of-use asset obtained in exchange for lease liability	5	0	3	0	11

Filings

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Frequently asked questions

What is Aeva Technologies, Inc.'s CIK number?

Aeva Technologies, Inc.'s SEC CIK number is 0001789029 (1789029). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.

Where can I find Aeva Technologies, Inc.'s SEC filings?

All of Aeva Technologies, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.

When did Aeva Technologies, Inc. last report earnings?

Aeva Technologies, Inc. (AEVA) most recently filed an earnings 8-K with the SEC on May 6, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001193125-26-209002). This is Aeva Technologies, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.

What is Aeva Technologies, Inc.'s most recent earnings 8-K?

Aeva Technologies, Inc.'s latest earnings 8-K (Item 2.02) was filed May 6, 2026 under accession 0001193125-26-209002. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.

View Aeva Technologies, Inc.'s latest earnings 8-K →
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