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Segments

By segment

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Reportable Segment Aggregation Before Other Operating$18.83M+1.3%

Other financials

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

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Market cap$1.59B+116%
Enterprise value$1.56B+120%
P/S75.8×+4.6×

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

Reported directly by Aeva Technologies in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Aeva Technologies’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Aeva Technologies's R&D?
Aeva Technologies (AEVA) reported R&D of $22.83M in Q1 2026.
How has Aeva Technologies's R&D changed year-over-year?
Aeva Technologies's R&D increased by 5.8% year-over-year, from $21.57M to $22.83M.
What is the long-term trend for Aeva Technologies's R&D?
Over 4 years (2021 to 2025), Aeva Technologies's R&D has grown at a 3.4% compound annual growth rate (CAGR), from $74.77M to $85.42M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.