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Aeva Technologies, Inc. (AEVA) Financial Statements

Industry: Motor Vehicle Parts & Accessories

In fiscal 2025, Aeva Technologies reported revenue of $18.1M, up 99.4% from $9.1M the year before. Net income was -$145.4M (a -804.4% net margin), or -$2.55 per diluted share. Gross margin was -3.7% and operating margin was -705.8%. Operating activities generated -$115.1M of cash, leaving -$119.7M of free cash flow. At fiscal year end, Aeva Technologies held $179.7M in total assets against $166.5M in total liabilities, including $72.3M of cash and equivalents.

Open the full interactive Aeva Technologies financials → Quarterly statements, key ratios, valuation history and price charts.

Aeva Technologies Key Stats

Share Price$12.17
Market Cap$787.1M
Revenue YoY Growth+99.4%
52-Week Range$9.19 – $29.29
Shares Outstanding64.7 million (basic, 2026 Q2)

Aeva Technologies Income Statement

Aeva Technologies, Inc. annual income statement
FY 2020FY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$0$9.3M$4.2M$4.3M$9.1M$18.1M
Cost of Goods Sold$0—————
Gross Profit$0$3.4M-$4.3M-$5.9M-$3.8M-$660,000
Operating Income-$2.5M-$104.2M-$152.0M-$147.8M-$158.4M-$127.6M
Pre-Tax Income-$733,056-$101.9M-$147.3M-$149.3M-$152.1M-$145.1M
Income Tax$199,765$0$0$0$171,000$308,000
Net Income-$932,821-$101.9M-$147.3M-$149.3M-$152.3M-$145.4M
Diluted EPS-$1.60-$2.55-$3.40-$3.30-$2.85-$2.55

Aeva Technologies Quarterly Results

Aeva Technologies, Inc. last 4 quarters
2025 Q32025 Q42026 Q12026 Q2
Revenue$3.6M$5.6M$6.3M$6.1M
Net Income$107.5M-$25.3M-$35.0M-$79.6M
Diluted EPS-$0.52-$0.44-$0.56-$1.23

Aeva Technologies Balance Sheet

Aeva Technologies, Inc. annual balance sheet (fiscal year end)
FY 2020FY 2021FY 2022FY 2023FY 2024FY 2025
Cash & Equivalents$694$66.8M$67.4M$38.5M$28.9M$72.3M
Current Assets$12,552$458.5M$335.1M$229.2M$123.3M$153.5M
Total Assets$243.1M$479.2M$356.6M$257.4M$147.5M$179.7M
Current Liabilities$1.3M$14.3M$21.8M$18.4M$39.2M$35.9M
Total Long-Term Debt—————$96.7M
Total Liabilities$1.7M$22.8M$26.7M$28.9M$48.1M$166.5M
Shareholders' Equity$5.0M$456.4M$329.9M$228.4M$99.4M$13.2M

Aeva Technologies Cash Flow Statement

Aeva Technologies, Inc. annual cash flow statement
FY 2020FY 2021FY 2022FY 2023FY 2024FY 2025
Cash From Operations-$1.4M-$82.1M-$109.9M-$118.8M-$106.9M-$115.1M
Cash From Investing-$241.3M-$388.6M$110.9M$69.3M$97.9M$29.9M
Cash From Financing$242.7M$512.9M-$369,000$20.7M-$671,000$128.6M
Free Cash Flow—-$86.0M-$117.3M-$124.9M-$112.0M-$119.7M

Figures from Aeva Technologies' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Aeva Technologies financials page for every line item.

Aeva Technologies Company Profile

TickerAEVA
ExchangeNasdaq
IndustryMotor Vehicle Parts & Accessories
HeadquartersMountain View, California
Incorporated inDelaware
Fiscal Year EndDecember 31
SEC Filer CategoryLarge accelerated filer
SEC CIK0001789029

Frequently Asked Questions

What was Aeva Technologies' revenue in fiscal 2025?

Aeva Technologies (AEVA) reported revenue of $18.1M for fiscal 2025.

What is Aeva Technologies' annual revenue history?

Aeva Technologies' annual revenue by fiscal year: 2020: $0; 2021: $9.3M; 2022: $4.2M; 2023: $4.3M; 2024: $9.1M; 2025: $18.1M.

What was Aeva Technologies' net income in fiscal 2025?

Aeva Technologies reported net income of -$145.4M for fiscal 2025.

What was Aeva Technologies' earnings per share (EPS) in fiscal 2025?

Aeva Technologies' diluted EPS was -$2.55 for fiscal 2025 (adjusted for any later stock splits).

How much free cash flow did Aeva Technologies generate in fiscal 2025?

Aeva Technologies generated -$119.7M of free cash flow in fiscal 2025.

What was Aeva Technologies' revenue last quarter?

In its most recent reported quarter (2026 Q2), Aeva Technologies reported revenue of $6.1M.

How much debt does Aeva Technologies have?

Aeva Technologies reported $96.7M of long-term debt, including the current portion, at the end of fiscal 2025.

How many shares of Aeva Technologies are outstanding?

Aeva Technologies reported a weighted average of 64.7 million basic shares outstanding in 2026 Q2.

What is Aeva Technologies' market cap?

Based on its latest closing price, Aeva Technologies (AEVA) has a market capitalization of about $787.1M.

When does Aeva Technologies' fiscal year end?

Aeva Technologies' fiscal year end, as registered with the SEC, is December 31.

Where is Aeva Technologies headquartered?

Aeva Technologies lists its business address in Mountain View, California in its SEC filings.