AEye, 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 | $233,000 | $202,000 | $1.5M | $3.6M | $3.0M |
| Cost of revenue | $554,000 | $778,000 | $15.3M | $8.7M | $3.6M |
| Gross profit | -$321,000 | -$576,000 | -$13.9M | -$5.1M | -$630,000 |
| Research and development | $13.9M | $16.4M | $26.2M | $37.6M | $26.5M |
| Operating expenses | $31.4M | $35.3M | $73.9M | $93.7M | $62.6M |
| Operating income | -$31.7M | -$35.8M | -$87.8M | -$98.8M | -$63.2M |
| Pretax income | -$33.9M | -$35.5M | -$87.1M | — | — |
| Income tax expense | $11,000 | -$2,000 | $57,000 | $58,000 | $0 |
| Net income | -$34.0M | -$35.5M | -$87.1M | -$98.7M | -$65.0M |
| Balance Sheet | |||||
| Cash and equivalents | $43.4M | $10.3M | $16.9M | $19.1M | $14.2M |
| Current assets | $89.6M | $25.2M | $39.8M | $105.5M | $177.4M |
| Total assets | $90.9M | $27.1M | $54.3M | $133.3M | $186.2M |
| Current liabilities | $8.6M | $11.3M | $10.0M | $22.6M | $13.6M |
| Total liabilities | $9.6M | $12.0M | $25.3M | $39.4M | $17.4M |
| Stockholders' equity | $81.3M | $15.1M | $29.0M | $94.0M | $168.8M |
| Cash Flow Statement | |||||
| Cash from operations | -$27.8M | -$26.6M | -$50.7M | -$71.6M | -$55.7M |
| Depreciation and amortization | $155,000 | $129,000 | $1.5M | $1.4M | $1.0M |
| Stock-based compensation | $5.5M | $9.0M | $18.1M | $24.0M | $10.0M |
| Capital expenditure | $109,000 | $486,000 | $2.0M | $4.2M | $1.0M |
| Free cash flow | -$27.9M | -$27.1M | -$52.7M | -$75.8M | -$56.7M |
| Impairments | $0 | $0 | $10.0M | $0 | $0 |
Shares outstanding 46.3M · Free float 82.4%
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.