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%
Market cap
$766.4M
P/E
0.0×
Fwd P/E
−11.6×
Dividend yield
—
F-score
4/9
Altman Z
−4.63
Beneish M
n/a
Dividend safety
n/a

Insider Decisions trades per month

Total sells 55.60
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell 6 — 7 — 1 — 3 3 7 4 1 —
Insider Ownership 22.44%

Capital & Financial Ratios $m

Market Cap 766.41
Revenue 21.60
Net Income (32.42)
Free Cash Flow (116.67)
Net Debt (80.99)
Current Ratio 7.85 (at or above 1.5: strong)
Debt/Equity 3.52 (above 2: weak)
P/E ratio 0.00
Fwd P/E (11.60) (negative: loss-making)
P/S ratio 30.03 (above 10: high)
P/B ratio 23.56 (above 6: high)
Past 5Y EPS Growth —
This Y EPS Growth 10.76%
Next Y EPS Growth (1.49%) (below 0%: weak)
Next Y revenue growth 78.99% (at or above 10%: strong)
Next 5Y EPS Growth 16.51% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 12.65%
10-year low 10-year high
P/B against its own 10 years 70.45%
10-year low 10-year high
EV/Sales against its own 10 years 31.77%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2025 Powerpack
2024 Powerpack
2023 Powerpack
2022 Powerpack
2021 Powerpack
2019 Powerpack
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 221 112 122 178
Receivables 1 1 3 4
Inventory 2 2 6 6
Other 5 8 22 16
229 123 154 204
2023 2024 2025 Q'26
Payables 4 5 6 7
ST’ Debt — — — —
Other 3 19 2 3
18 39 36 26

Compound Annual Growth %

10y 5y 3y
Sales — 30.14% 62.77%
Cash Flow — 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value 87.13% (13.26%) (65.78%)

Revenue $m

Mar Jun Sep Dec Year
’26 6 6 — — —
’25 3 6 4 6 18
’24 2 2 2 3 9
’23 1 1 1 2 4
’22 1 1 1 0 4
’21 0 3 3 3 9
’20 1 2 2 1 5
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (26) (31) — — —
’25 (31) (30) (32) (22) (115)
’24 (31) (29) (26) (21) (107)
’23 (36) (27) (28) (27) (119)
’22 (27) (31) (25) (27) (110)
’21 (15) (19) (23) (25) (82)
’20 (6) (4) (5) (7) (21)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (28) (31) — — —
’25 (31) (31) (34) (24) (120)
’24 (33) (30) (26) (23) (112)
’23 (37) (29) (29) (30) (125)
’22 (28) (34) (27) (28) (117)
’22 — — — — (110)
’21 (15) (20) (24) (27) (90)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 (0.56) (1.23) — — —
’25 (0.64) (3.49) 1.76 (0.42) (2.55)
’24 (0.67) (0.82) (0.70) (0.67) (2.85)
’23 (0.80) (0.80) (0.75) (0.90) (3.30)
’22 (0.75) (0.80) (0.85) (1.00) (3.40)
’21 (0.60) (0.55) (0.65) (0.75) (2.55)
’20 (0.25) (0.18) (0.17) (0.31) (0.90)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2
1Buy 2 3Hold 4 5Sell

Ten 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.

All 10 years →

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%

All 173 Software Infrastructure stocks →

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.

Source: company filings (standardised) and stockrow calculations.

Aeva Technologies, Inc. (AEVA) Latest News

stockrow.com/AEVA · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com