Saturday 17 October 2026
Export AEVA’s income statement to Excel — free account
Aeva Technologies, Inc.
AEVA Technology Software Infrastructure
Aeva Technologies, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $18.1 million, up 99.4% from fiscal 2024. In the quarter to June 2026, revenue grew 11.3%, EPS grew 64.8% and free cash flow was flat, each against the same quarter a year earlier. Revenue growth for three consecutive years.
10.03
0.97
−8.82%
Follow AEVA
Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | — | — | — | — | 45.75 | 35.25 | 6.00 | 2.33 | 2.20 | 2.52 |
Analyst estimates 2026–2028 Powerpack |
|||
| High | — | — | — | — | 99.20 | 109.18 | 40.35 | 10.50 | 7.25 | 38.80 | |||||
| People | |||||||||||||||
| People | Employees | — | — | — | — | — | 227 | 306 | 301 | 276 | 239 | ||||
| Revenue/emp, $m | — | — | — | 0.00 | 0.00 | 0.04 | 0.01 | 0.01 | 0.03 | 0.08 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | — | — | — | 1 | 5 | 9 | 4 | 4 | 9 | 18 | ||||
| Gross margin, % | — | — | — | 41.11 | 43.40 | 37.04 | (101.50) | (136.50) | (41.81) | (3.65) | |||||
| EBT | — | — | — | (20) | (26) | (102) | (147) | (149) | (152) | (145) | |||||
| EBT margin, % | — | — | — | (1,415.75) | (527.98) | (1,099.60) | (3,513.96) | (3,463.20) | (1,677.77) | (802.70) | |||||
| Net income | — | 0 | — | (20) | (26) | (102) | (147) | (149) | (152) | (145) | |||||
| Depreciation | — | — | — | 1 | 1 | 5 | 7 | 5 | 5 | 7 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | — | — | — | 0.06 | 0.17 | 0.23 | 0.10 | 0.10 | 0.17 | 0.32 | ||||
| Earnings | — | — | — | (0.85) | (0.90) | (2.55) | (3.40) | (3.30) | (2.85) | (2.55) | |||||
| Cash flow | — | — | — | (0.71) | (0.75) | (2.04) | (2.53) | (2.62) | (2.00) | (2.02) | |||||
| Capex | — | — | — | (0.02) | (0.03) | (0.21) | (0.17) | (0.13) | (0.10) | (0.08) | |||||
| Free cash flow | — | — | — | (0.73) | (0.78) | (2.25) | (2.70) | (2.75) | (2.10) | (2.10) | |||||
| Book value | — | — | — | 0.00 | 0.95 | 11.36 | 7.59 | 5.03 | 1.86 | 0.23 | |||||
| Shares, m | — | — | — | 23 | 28 | 40 | 43 | 45 | 53 | 57 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||
| P/S | — | — | — | 0.00 | 425.55 | 163.89 | 66.35 | 38.44 | 27.96 | 41.89 | |||||
| P/B | — | — | — | 2,384.01 | 76.58 | 3.33 | 0.84 | 0.73 | 2.55 | 57.30 | |||||
| EV/Sales | — | — | — | 0.00 | 420.47 | 116.66 | (9.75) | (11.77) | 16.10 | 40.49 | |||||
| EV/FCF | — | — | — | 0.00 | (92.20) | (12.57) | 0.35 | 0.41 | (1.30) | (6.12) | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | (16) | (21) | (82) | (110) | (119) | (107) | (115) | ||||
| Capex | — | — | — | 0 | (1) | (8) | (7) | (6) | (5) | (5) | |||||
| Free cash flow | — | — | — | (17) | (22) | (90) | (117) | (125) | (112) | (120) | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | — | — | — | 0 | 25 | 444 | 313 | 211 | 84 | 118 | ||||
| Total debt | — | — | — | 0 | 0 | 7 | 5 | — | — | 97 | |||||
| Net debt | — | — | — | 0 | (25) | (445) | (324) | (221) | (112) | (25) | |||||
| Shareholders’ equity | — | — | — | 0 | 27 | 456 | 330 | 228 | 99 | 13 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | — | — | — | (18,329.28) | (156.21) | (39.81) | (35.25) | (48.64) | (75.21) | (88.90) | ||||
| ROIC | — | — | — | (11,858.47) | (702.85) | (572.90) | (1,553.35) | (1,245.85) | 0.00 | 0.00 | |||||
| ROE | — | — | — | (78,063.75) | (189.84) | (42.16) | (37.47) | (53.49) | (92.90) | (258.39) | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
Aeva Technologies, Inc. vs peers in Software Infrastructure (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| RPD Rapid7, Inc. | $881.6M | 40.7× | 27.8× | −1.55% (below 0%: shrinking) | −30.77% (below 0%: shrinking) | −24.49% (below 0%: shrinking) | 68.92% | 1.43% | Compare |
| PAYS Paysign, Inc. | $880.8M | 52.9× | 28.6× | +48.08% (above 0%: growing) | +300.00% (above 0%: growing) | −108.06% (below 0%: shrinking) | 63.35% | 24.82% | Compare |
| RXT Rackspace Technology, Inc. | $811.8M | — (loss-making) | — (loss-making) | +0.57% (above 0%: growing) | n/m | −289.52% (below 0%: shrinking) | 17.13% | (4.95%) | Compare |
| RZLV Rezolve AI PLC | $775.4M | — (loss-making) | — | — | n/m | −81,583.43% (below 0%: shrinking) | — | 0.00% | Compare |
| AEVA Aeva Technologies, Inc. | $766.4M | — (loss-making) | — (loss-making) | +11.34% (above 0%: growing) | n/m | −0.52% (below 0%: shrinking) | 35.67% | (563.23%) | |
| HQ Horizon Quantum Holdings Ltd. | $752.4M | — (loss-making) | — | — | n/m | −372.27% (below 0%: shrinking) | 100.00% | 0.00% | Compare |
| SABR Sabre Corporation | $722.4M | 0.9× | — (loss-making) | +3.61% (above 0%: growing) | n/m | +104.05% (above 0%: growing) | 32.37% | 13.03% | Compare |
| YEXT Yext | $705.7M | 30.1× | 11.1× | −1.76% (below 0%: shrinking) | −40.91% (below 0%: shrinking) | −1.86% (below 0%: shrinking) | 75.46% | 15.81% | Compare |
| CCSI Consensus Cloud Solutions, Inc. | $679.1M | 7.0× | 6.6× | +4.15% (above 0%: growing) | +39.25% (above 0%: growing) | +25.12% (above 0%: growing) | 79.98% | 40.31% | Compare |
| Median of peers | $763.9M | 30.1× | 19.5× | +2.09% | +4.24% | −66.27% | 68.92% | 7.23% |
Aeva Technologies, Inc. (AEVA) key facts
- Strength: Aeva Technologies, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $18.1 million, up 99.4% from fiscal 2024.
- Aeva Technologies, Inc. (AEVA) is a Software Infrastructure company in the Technology sector, listed on Nasdaq.
- As of October 16, 2026, AEVA traded at $10.03, a market capitalization of $766.4 million.
- Return on equity was −258.4% and debt-to-equity 3.52.
- Its Piotroski F-score is 4 out of 9 and its Altman Z-score is −4.63 (distress zone) for fiscal 2025.