Quarterly ResultAug 12, 2026, 04:14 PM
Aptera Q2 2026 GAAP Net Loss $10.9M; EPA Cert & Production Orders
AI Summary
Aptera Motors reported a Q2 2026 GAAP net loss of $10.9 million and an adjusted net loss of $7.2 million. For the first half of 2026, the GAAP net loss was $21.1 million. The company achieved significant operational milestones, including receiving EPA Certificate of Conformity for its 2026 Launch Edition and placing orders for bodies and chassis for the first 40 production vehicles. Aptera ended the quarter with $10.1 million in cash and raised an additional $6.0 million post-quarter end, bringing year-to-date gross capital raised to $24.6 million.
Key Highlights
- Reported Q2 2026 GAAP Net Loss of $10.9 million.
- Reported Q2 2026 Adjusted Net Loss of $7.2 million.
- Received EPA Certificate of Conformity for 2026 Launch Edition.
- Ordered bodies and chassis for first 40 production vehicles.
- Ended Q2 with $10.1 million in cash and cash equivalents.
- Raised $6.0 million in gross proceeds post-quarter end.
- Raised $24.6 million in gross capital year-to-date.
- Approximately 50,000 reservation holders for first vehicle.
Price Impact
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