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Other financials

Income statement

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Revenue$6.3M+85.9%
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

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Market cap$1.73B+128%
Enterprise value$1.7B+131%
P/S82.3×+27.6×

Profitability

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Gross margin-18.5%-7.1pp
Operating margin-630.9%-229pp
Net margin-693.9%-240pp
FCF margin-555.5%-181pp

Returns & leverage

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Return on equity-258.4%-589pp
Debt / equity0.4×+0.4×
Current ratio4.1×+1.2×

Where this comes from

Calculated from Aeva Technologies’s reported figures.

The source filing: Aeva Technologies’s 10-Q, filed May 8, 2026.

Filed
May 7, 2026, 8:00 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-212597
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Product3,0372,583
Professional service1,284475
Total cost of revenues4,3213,058
Gross profit1,941310
Operating expenses:
Research and development expenses22,82621,569
General and administrative expenses12,3527,217
Selling and marketing expenses1,8991,942

Item 1. Financial Statements.

FAQ

What is Aeva Technologies's gross profit?
Aeva Technologies (AEVA) reported gross profit of $1.94M in Q1 2026.
How has Aeva Technologies's gross profit changed year-over-year?
Aeva Technologies's gross profit increased by 526.1% year-over-year, from $310K to $1.94M.
What is the long-term trend for Aeva Technologies's gross profit?
Over 3 years (2021 to 2024), Aeva Technologies's gross profit has grown at a 3.4% compound annual growth rate (CAGR), from $3.43M to -$3.79M.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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