Aeva Reports Third Quarter 2026 Results
Aeva reported record Q3 2026 revenue of $6.7 million, up roughly 86% from $3.6 million a year ago, driven by record volume of 4D LiDAR and optical solutions. Losses remain large: GAAP operating loss widened to $39.1 million from $33.2 million, while non-GAAP operating loss was $27.7 million; GAAP net income of $4.4 million was driven by a non-cash $43.3 million fair-value gain on warrant liabilities. Strategic momentum included first optical connectivity revenues from UHP chipset deliveries, selection by the US Air Force and Navy for airborne autonomy development, and a Micro-Epsilon supply agreement with a multi-thousand sensor order.
Key figures
- Eps
- GAAP diluted net loss per share of $0.54; non-GAAP net loss per share of $0.39
- Revenue
- 6669000
- Revenue Yoy
- 86%
- Gross profit
- 2241000
- Gaap net income
- 4447000
- Available facility
- 125000000
- Weighted basic shares
- 69643057
- Weighted diluted shares
- 71811787
- Total available liquidity
- 272500000
- Cash and marketable securities
- 147500000
AI analysis
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