Quarterly ResultMay 6, 2026, 04:22 PM
Aeva Q1 Revenue $6.3M, +85%; GAAP EPS $(0.56)
AI Summary
Aeva Technologies reported record Q1 2026 revenue of $6.3 million, an 85% increase year-over-year, and improved its GAAP net loss per share to $(0.56) from $(0.64) in Q1 2025. The company highlighted significant commercial momentum, including delivering production-intent Atlas sensors to Daimler Truck, integrating Atlas Ultra with a top European passenger OEM, and expanding deployments in defense, intelligent traffic systems with CityOS, and factory automation with Nikon.
Key Highlights
- Q1 2026 Revenue reached a record $6.3 million, up 85% from $3.4 million in Q1 2025.
- GAAP Net Loss per Share improved to $(0.56) in Q1 2026 from $(0.64) in Q1 2025.
- Non-GAAP Net Loss per Share improved to $(0.41) in Q1 2026 from $(0.45) in Q1 2025.
- Total available liquidity was $224.5 million as of March 31, 2026.
- Delivered production intent Atlas sensors to Daimler Truck.
- Delivered first Atlas Ultra sensors to a Top 10 European passenger OEM.
- Nikon launched its APDIS MV5X laser radar system powered by Aeva's Eve technology.
- Introduced CityOS, selected for a large-scale award in Georgia.