Aeva Technologies, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $18.1M | $9.1M | $4.3M | $4.2M | $9.3M |
| Cost of revenue | $18.7M | $12.9M | $10.2M | $8.4M | $5.8M |
| Gross profit | -$660,000 | -$3.8M | -$5.9M | -$4.3M | $3.4M |
| Research and development | $85.4M | $102.7M | $102.5M | $109.6M | $74.8M |
| Operating expenses | $126.9M | $154.6M | $141.9M | $147.7M | $107.6M |
| Operating income | -$127.6M | -$158.4M | -$147.8M | -$152.0M | -$104.2M |
| Pretax income | -$145.1M | -$152.1M | -$149.3M | -$147.3M | -$101.9M |
| Income tax expense | $308,000 | $171,000 | $0 | $0 | $0 |
| Net income | -$145.4M | -$152.3M | -$149.3M | -$147.3M | -$101.9M |
| Balance Sheet | |||||
| Cash and equivalents | $72.3M | $28.9M | $38.5M | $67.4M | $66.8M |
| Current assets | $153.5M | $123.3M | $229.2M | $335.1M | $458.5M |
| Total assets | $179.7M | $147.5M | $257.4M | $356.6M | $479.2M |
| Current liabilities | $35.9M | $39.2M | $18.4M | $21.8M | $14.3M |
| Total liabilities | $166.5M | $48.1M | $28.9M | $26.7M | $22.8M |
| Stockholders' equity | $13.2M | $99.4M | $228.4M | $329.9M | $456.4M |
| Cash Flow Statement | |||||
| Cash from operations | -$115.1M | -$106.9M | -$118.8M | -$109.9M | -$82.1M |
| Depreciation and amortization | $4.5M | $4.6M | $3.7M | $2.4M | $1.1M |
| Stock-based compensation | $21.8M | $23.7M | $23.7M | $24.2M | $22.2M |
| Capital expenditure | $4.6M | $5.1M | $6.1M | $7.4M | $3.9M |
| Free cash flow | -$119.7M | -$112.0M | -$124.9M | -$117.3M | -$86.0M |
| Impairments | — | — | $0 | $0 | $52,000 |
Shares outstanding 63.0M · Free float 31.2%
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.