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Aeva Technologies AEVA Q1 2026 earnings

Reported May 6, 2026 · After market close

Revenue$6.3MBeat by $1.3M
EPS-$0.56Miss by $0.12
Revenue estimate$5.0M
EPS estimate-$0.44
“Following record revenue in the previous quarter, Aeva in Q1 achieved another new record quarterly revenue, driven by increasing commercial deployments of our perception platform and successful execution of major development milestones for top automotive OEM production programs, We also continued to advance on additional programs across automotive and other physical AI applications. With a growing list of opportunities, we are keenly focused on delivering on existing programs and scaling manufacturing to meeting more of the growing demand for Aeva’s unique technology.”
Soroush Salehian

Next report

Nov 4, 2026 (in a month)
Revenue estimate$7.2M
EPS estimate-$0.46

Financials

Q1 2026

Income statement

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Revenue$6.3M+85.9%
Gross profit$1.9M+526%
Operating income-$35.1M-15.5%
Net income-$35.0M-0.3%
EPS (diluted)-$0.56+12.5%

Balance sheet

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Cash & equivalents$31.2M+47.0%
Total debt$5.3M+87.4%
Total equity-$12.4M-118%
Total assets$147.3M+28.6%

Cash flow

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Operating cash flow-$25.8M+16.1%
CapEx$2.2M+385%
Free cash flow-$28.1M+10.2%

Valuation & ratios

Valuation

as of 03/31/26
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Market cap$828.39M+116%
Enterprise value$802.48M+120%
P/S39.5×+2.4×

Profitability

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Operating margin-630.9%-229pp
Net margin-693.9%-240pp
FCF margin-555.5%-181pp

Returns & leverage

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Current ratio4.1×+1.2×

Segments

By geography

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EMEA$3.9M—
North America$2.1M-32.8%
Asia$280.0K+76.1%

By product

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Professional Service$3.8M+332%

FAQ

When did Aeva Technologies report Q1 2026 earnings?
Aeva Technologies (AEVA) reported Q1 2026 earnings on May 6, 2026 after market close.
What were Aeva Technologies's Q1 2026 revenue and EPS?
Aeva Technologies reported revenue of $6.3M and eps of $-0.56 for Q1 2026.
Did Aeva Technologies beat estimates in Q1 2026?
Revenue beat the consensus estimate of $5.0M by $1.3M. EPS missed the consensus estimate of $-0.44 by $0.12.
How did Aeva Technologies's Q1 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 85.9% from $3.4M a year earlier and eps declined 24.4% from $-0.45.
Where can I find Aeva Technologies's Q1 2026 SEC filings?
You can read the 8-K earnings release (0001193125-26-209002) and the 10-Q periodic report (0001193125-26-212597) directly on SEC EDGAR. The filing index links above go to sec.gov.