Aeva Technologies, Inc.
NASDAQ:AEVA · NASDAQ Global Select
+$0.32 today
Vol 2.39M · Avg 2.00M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Stock Ticker Earnings Waterfall
NASDAQ:AEVA · Revenue to Net Income
Key Ratios
Analysis
$21.0M of revenue converted into -$145.5M of net income for the selected period. Gross margin is 4.3% and net margin is -375.7%, showing how much revenue survives after costs and taxes. EPS is $-2.47, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $18.1M +99.4% | $9.1M +110.2% | $4.3M +2.9% | $4.2M -54.8% | $9.3M | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $18.7M +45.8% | $12.9M +26.1% | $10.2M +20.7% | $8.4M +44.8% | $5.8M | $725.6M | $804.0M | $882.4M |
| Gross Profit | -$660.0K +82.6% | -$3.8M +35.6% | -$5.9M -38.3% | -$4.3M -224.0% | $3.4M | $8.9B | $7.6B | $6.2B |
| Gross Margin | -3.7% +38.2pp | -41.8% +94.7pp | -136.5% -35.0pp | -101.5% -138.5pp | 37.0% | 9.8% | 28.9% | 38.3% |
| Research & Development | $85.4M -16.8% | $102.7M +0.2% | $102.5M -6.5% | $109.6M +46.6% | $74.8M | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $41.5M +2.7% | $40.4M +2.6% | $39.4M +3.4% | $38.1M +16.0% | $32.9M | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $126.9M -17.9% | $154.6M +8.9% | $141.9M -3.9% | $147.7M +37.2% | $107.6M | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $8.5M -5.1% | $8.9M +16.0% | $7.7M +25.4% | $6.1M +98.2% | $3.1M | $374.2M | $1.2B | $631.8M |
| EBITDA | -$136.6M +0.9% | -$137.9M +2.6% | -$141.6M -0.3% | -$141.2M -42.9% | -$98.8M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | -755.8% +765.8pp | -1521.6% +1762.9pp | -3284.4% +82.9pp | -3367.3% -2301.2pp | -1066.1% | 5.6% | 46.3% | 42.0% |
| Operating Income | -$127.6M +19.4% | -$158.4M -7.2% | -$147.8M +2.7% | -$152.0M -45.8% | -$104.2M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | -705.8% +1041.3pp | -1747.1% +1680.3pp | -3427.4% +197.5pp | -3624.9% -2500.4pp | -1124.5% | 16.6% | 24.1% | 22.0% |
| Interest Income | $2.7M -64.5% | $7.7M -13.6% | $8.9M +140.8% | $3.7M +896.5% | $372.0K | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | -$17.5M -378.9% | $6.3M +506.6% | -$1.5M -133.2% | $4.7M +101.5% | $2.3M | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | -$145.1M +4.6% | -$152.1M -1.8% | -$149.3M -1.4% | -$147.3M -44.6% | -$101.9M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | -802.7% +875.1pp | -1677.8% +1785.4pp | -3463.2% +50.8pp | -3514.0% -2414.4pp | -1099.6% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $308.0K +80.1% | $171.0K | $0 | $0 | $0 | $1.3B | -$1.6B | $745.2M |
| Net Income | -$145.4M +4.5% | -$152.3M -2.0% | -$149.3M -1.4% | -$147.3M -45.1% | -$101.5M | $4.9B | $4.8B | $4.7B |
| Net Margin | -804.4% +875.3pp | -1679.7% +1783.5pp | -3463.2% +50.8pp | -3514.0% -2418.4pp | -1095.6% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | -$3 +10.5% | -$3 +13.4% | -$3 +2.9% | -$3 -34.0% | -$3 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | -$3 +10.5% | -$3 +13.4% | -$3 +2.9% | -$3 -33.5% | -$3 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $57.0M +6.9% | $53.4M +17.5% | $45.4M +4.5% | $43.5M +8.2% | $40.2M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $57.0M +6.9% | $53.4M +17.5% | $45.4M +4.5% | $43.5M +8.2% | $40.2M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector

XPEL, Inc.
NASDAQ:XPEL
$1.27B

Douglas Dynamics, Inc.
NYSE:PLOW
$1.13B
American Axle & Manufacturing Holdings, Inc.
AXL
$1.02B

Standard Motor Products, Inc.
NYSE:SMP
$872.94M

Fox Factory Holding Corp.
NASDAQ:FOXF
$788.89M

Sabre Corporation
NASDAQ:SABR
$760.98M

Cannae Holdings, Inc.
NYSE:CNNE
$713.20M

Camping World Holdings, Inc.
NYSE:CWH
$493.55M

ECARX Holdings, Inc.
NASDAQ:ECX
$371.96M

SES AI Corporation
NYSE:SES
$359.57M
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does AEVA generate?
Aeva Technologies, Inc. (AEVA) reported $18.08M of revenue in fiscal 2025.
Is AEVA profitable?
Aeva Technologies, Inc. (AEVA) reported -$145,428,000.00 of net income, with a net margin of -804.4%.
Explore More
Continue the stock analysis
Jump to another research area for this company.