Aeva Technologies, Inc. (AEVA)
Aeva Technologies, Inc. specializes in cutting-edge sensing technology, producing a compact 4D LiDAR-on-chip. The company leverages its unique frequency modulated continuous wave (FMCW) method to create these devices, which are designed to facilitate the widespread adoption of LiDAR across numerous industries. Its applications span a broad spectrum, including autonomous vehicles, various consumer electronic products, health monitoring devices, industrial automation systems, and security applications. Founded in 2017, Aeva maintains its headquarters in Mountain View, California.
Sector: Motor Vehicle Parts & Accessories
Industry: Semiconductors
Aeva Technologies, Inc.
NASDAQ:AEVATechnology · Semiconductors
PrePre-market+0.91%$11.10
Close$11.000.00%AH$11.00+0.91%Now$11.10
Close$11.00+19.70%AH$11.00+0.91%since
Mkt Cap$768.86M
Float28.46M
O/S69.9M
PM VOL23K sh
$ Vol≈$251K
RVOL1.07×
Inst Own69.5%
SI34.4%
Dilution
Financials Summary
Revenue$18.08M
Net Income-$145.43M
Total Assets$179.7M
Free Cash Flow-$119.69M
Debt & Equity
Debt 89%
Equity 11%
Total Debt$102.39M
Total Equity$13.21M
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
- 1:5Reverse splitMar 19, 20245 shares → 1
Balance Sheet Details
Assets$179.7M
Liabilities$166.49M
Accounts Receivable$12.64M
Accounts Payable$5.88M
Inventory$5.79M
PP&E (Net)$18.32M
Goodwill$0
Intangible Assets$825K
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Revenue | $18.08M | $9.06M | $4.31M | $4.19M | $9.27M | $4.84M | $1.38M | $135K |
| YoY Growth | 99.4% | 110.2% | 2.9% | -54.8% | 91.3% | 249.9% | 925.2% | - |
| Cost of Revenue | $18.74M | $12.86M | $10.2M | $8.45M | $5.83M | $2.74M | $815K | $57K |
| Gross Profit | -$660K | -$3.79M | -$5.89M | -$4.25M | $3.43M | $2.1M | $569K | $78K |
| Gross Margin | -3.7% | -41.8% | -136.5% | -101.5% | 37.0% | 43.4% | 41.1% | 57.8% |
| Research and Development | $85.42M | $102.67M | $102.5M | $109.59M | $74.77M | $20.5M | $15.41M | $8.4M |
| Selling, General, and Administrative | $41.51M | $40.41M | $39.4M | $38.11M | $32.85M | $7.35M | $5.26M | $3.08M |
| Other | $0 | $11.5M | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $126.94M | $154.58M | $141.9M | $147.7M | $107.62M | $27.84M | $20.66M | $11.48M |
| Operating Income (EBIT) | -$127.6M | -$158.37M | -$147.79M | -$151.96M | -$104.19M | -$25.74M | -$20.09M | -$11.4M |
| Operating Margin | -705.8% | -1747.1% | -3427.4% | -3624.9% | -1124.5% | -531.5% | -1451.8% | -8445.9% |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $2.74M | $7.71M | $8.93M | $3.71M | $372K | $195K | $516K | $234K |
| Other Income (Expense) | -$17.52M | $6.28M | -$1.54M | $4.65M | $2.31M | $171K | $499K | $234K |
| Income Before Tax (EBT) | -$145.12M | -$152.09M | -$149.33M | -$147.31M | -$101.88M | -$25.57M | -$19.59M | -$11.17M |
| Income Tax Expense | $308K | $171K | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | -$145.43M | -$152.26M | -$149.33M | -$147.31M | -$101.51M | -$25.57M | -$19.59M | -$11.17M |
| Net Income Margin | -804.4% | -1679.7% | -3463.2% | -3514.0% | -1095.6% | -528.0% | -1415.8% | -8272.6% |
| Supplementary Data | ||||||||
| EPS | -2.55 | -2.85 | -3.29 | -3.39 | -2.53 | -0.60 | -0.45 | -0.26 |
| Diluted EPS | -2.55 | -2.85 | -3.29 | -3.39 | -2.54 | -0.60 | -0.45 | -0.26 |
| Weighted Average OS | 57.02M | 53.36M | 45.41M | 43.46M | 40.17M | 42.28M | 42.28M | 42.28M |
| EBITDA | -$136.63M | -$137.93M | -$141.6M | -$141.16M | -$98.78M | -$24.94M | -$19.46M | -$10.93M |
| EBITDA Margin | -755.8% | -1521.6% | -3283.9% | -3367.3% | -1066.1% | -515.0% | -1406.0% | -8093.3% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Assets | ||||||||
| Current Assets | ||||||||
| Cash and Cash Equivalents | $72.29M | $28.86M | $38.55M | $67.42M | $66.81M | $24.62M | $47K | $27.45M |
| Short-Term Investments | $49.61M | $83.14M | $182.48M | $256.39M | $378.2M | $0 | $0 | $0 |
| Cash and Short-Term Investments | $121.9M | $112.01M | $221.03M | $323.81M | $445.01M | $24.62M | $47K | $27.45M |
| Accounts Receivable | $12.64M | $1.27M | $768K | $3.13M | $6.41M | $767K | $551K | $0 |
| Inventory | $5.79M | $2.35M | $2.37M | $2.95M | $2.06M | $1.22M | $354K | $957K |
| Other Current Assets | $9.04M | $4.42M | $1.72M | $2.88M | $1.13M | $3.04M | -$48K | $336K |
| Total Current Assets | $153.53M | $123.3M | $229.22M | $335.12M | $458.48M | $30.95M | $25 | $29.31M |
| Long-Term Assets | ||||||||
| Property, Plant & Equipment Net | $18.32M | $14.16M | $19.4M | $17.12M | $15.42M | $1.61M | $1.56M | $1.82M |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $825K | $1.73M | $2.63M | $3.52M | $4.42M | $0 | $0 | $0 |
| Long-Term Investments | $0 | $5M | $5M | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $7.03M | $3.31M | $1.13M | $862K | $859K | $64K | -$1.45M | $83K |
| Total Long-Term Assets | $26.18M | $24.19M | $28.16M | $21.51M | $20.7M | $1.68M | $107K | $1.9M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $179.7M | $147.49M | $257.38M | $356.63M | $479.19M | $32.63M | $107K | $31.21M |
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts Payable | $5.88M | $5.45M | $3.6M | $5.18M | $4.39M | $2.07M | $713K | $590K |
| Short-Term Debt | $0 | $3.04M | $0 | $0 | $0 | $0 | $81K | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $57K | $551K | $180K | $0 | $0 |
| Current Unearned Revenue | $284K | $4M | $2.08M | $0 | $0 | $51K | -$713K | $0 |
| Other Current Liabilities | $14.27M | $20.96M | $6.49M | $194K | $2.38M | $766K | $0 | $19K |
| Total Current Liabilities | $35.87M | $39.16M | $18.4M | $21.83M | $14.3M | $5.67M | $82K | $1.05M |
| Long-Term Liabilities | ||||||||
| Long-Term Debt | $96.69M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $29.71M | $8.26M | $6.77M | $90K | $1.06M | $45K | $0 | $0 |
| Total Long-Term Liabilities | $130.62M | $8.98M | $10.54M | $4.88M | $8.52M | $45K | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $166.49M | $48.14M | $28.94M | $26.71M | $22.81M | $5.72M | $82K | $1.05M |
| Stockholders' Equity | ||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $79.2M | $43.25M |
| Common Stock | $6K | $6K | $5K | $22K | $21K | $15K | $634 | $9K |
| Retained Earnings | -$757.29M | -$611.86M | -$459.6M | -$310.27M | -$162.96M | -$61.08M | -$1K | -$15.92M |
| Comprehensive Income & Other | -$4K | $47K | -$87K | -$3.58M | -$524K | $0 | -$79.2M | -$0 |
| Other Stockholders' Equity | $770.5M | $711.21M | $688.04M | $640.17M | $619.32M | $87.98M | $25K | $45.97M |
| Total Equity | $13.21M | $99.35M | $228.44M | $329.93M | $456.38M | $26.91M | $25K | $30.06M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $179.7M | $147.49M | $257.38M | $356.63M | $479.19M | $32.63M | $107K | $31.11M |
| Supplementary Data | ||||||||
| Total Debt | $102.39M | $3.76M | $7.35M | $7.46M | $10.33M | $0 | $81K | $0 |
| Net Debt | $30.1M | -$25.11M | -$31.19M | -$59.96M | -$56.48M | -$24.62M | -$47K | -$27.45M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Operating Activities | ||||||||
| Net Income | -$145.43M | -$152.26M | -$149.33M | -$147.31M | -$101.88M | -$25.57M | -$19.59M | -$11.17M |
| Depreciation & Amortization | $8.49M | $8.94M | $7.73M | $6.15M | $3.1M | $798K | $634K | $476K |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $1.79M | $0 | $0 |
| Stock-Based Compensation | $21.84M | $23.71M | $23.68M | $24.25M | $22.24M | $3.81M | $2.15M | $755K |
| Changes in Working Capital: | ||||||||
| Accounts Receivable | -$2.54M | -$559K | $2.26M | -$546K | -$2.2M | $228K | -$369K | $0 |
| Inventory | -$3.94M | -$1.11M | $353K | -$2.55M | -$844K | -$865K | $603K | -$957K |
| Accounts Payable | -$504K | $1.83M | -$1.59M | $1.29M | $2.67M | $1.36M | $171K | $0 |
| Other Working Capital | -$15.29M | $12.88M | -$5.85M | $7.7M | -$4.73M | -$988K | $18K | -$574K |
| Total Working Capital Change | -$22.27M | $13.04M | -$4.83M | $5.89M | -$5.11M | -$265K | $423K | -$1.53M |
| Other Non-Cash Items | $22.29M | -$348K | $3.93M | $1.11M | -$457K | -$1.79M | $0 | $317K |
| Net Cash from Operating | -$115.08M | -$106.91M | -$118.83M | -$109.91M | -$82.11M | -$21.23M | -$16.38M | -$11.15M |
| Investing Activities | ||||||||
| Capital Expenditures | -$4.61M | -$5.11M | -$6.1M | -$7.44M | -$8.35M | -$855K | -$421K | -$1.55M |
| Acquisitions | $0 | $0 | -$5M | -$118.33M | $4.5M | $0 | $0 | $0 |
| Purchases of Investments | -$75.01M | -$79.98M | -$157.36M | -$210.2M | -$571.92M | $0 | $0 | $0 |
| Sales of Investments | $109.55M | $182.99M | $232.75M | $328.53M | $191.7M | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $5M | $118.33M | -$4.5M | $0 | $0 | $0 |
| Net Cash from Investing | $29.93M | $97.9M | $69.28M | $110.89M | -$388.57M | -$855K | -$421K | -$1.55M |
| Financing Activities | ||||||||
| Debt Repaid | -$96.93M | - | - | - | - | $81K | - | - |
| Common Stock Issuance | $32.23M | $81K | $21.45M | $350K | $911K | $242.85M | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $2.24M | -$752K | -$779K | -$720K | $511.95M | -$242.7M | -$37K | $12.91M |
| Net Cash from Financing | $128.58M | -$671K | $20.68M | -$369K | $512.86M | $73K | $35.99M | $12.91M |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $43.43M | -$9.68M | -$28.87M | $610K | $42.19M | -$22.01M | $19.18M | $209K |
| Supplementary Data | ||||||||
| Operating Cash Flow | -$115.08M | -$106.91M | -$118.83M | -$109.91M | -$82.11M | -$21.23M | -$16.38M | -$11.15M |
| Capital Expenditure | -$4.61M | -$5.11M | -$6.1M | -$7.44M | -$8.35M | -$855K | -$421K | -$1.55M |
| Free Cash Flow | -$119.69M | -$112.02M | -$124.93M | -$117.35M | -$90.45M | -$22.09M | -$16.8M | -$12.71M |
| Cash at Beginning | $28.86M | $38.55M | $67.42M | $66.81M | $24.62M | $46.64M | $27.45M | $27.25M |
| Cash at End | $72.29M | $28.86M | $38.55M | $67.42M | $66.81M | $24.62M | $46.64M | $27.45M |