Aeva Technologies, Inc. income statement

In fiscal 2025, Aeva Technologies, Inc. reported revenue of $18.1m, up 99.4% on the year before, operating income of −$128m (a -705.8% margin) and net income of −$145m, or −$2.55 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Aeva Technologies, Inc.: income statement, annual
Fiscal year	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Revenue	1	5	9	4	4	9	18	22
Cost of revenue	1	3	6	8	10	13	19	16
Gross profit	1	2	3	−4	−6	−4	−1	6
Research and development	15	20	75	110	103	103	85	89
Selling and marketing	1	2	4	7	8	7	7	7
General and administrative	4	6	28	31	32	33	35	42
Operating income	−20	−26	−104	−152	−148	−158	−128	−132
Income before tax	−20	−26	−102	−147	−149	−152	−145	−32
Income tax	0	0	0	0	0	0	0	0
Net income	−20	−26	−102	−147	−149	−152	−145	−32
Diluted EPS	−$0.85	−$0.90	−$2.55	−$3.39	−$3.29	−$2.85	−$2.55	−$0.53
Diluted shares (average)	23m	28m	40m	43m	45m	53m	57m	61m
EBITDA	−19	−25	−103	−149	−143	−153	−122	−127

US$ millions unless shown otherwise. Fiscal quarters.

Aeva Technologies, Inc.: income statement, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Revenue	2	3	3	6	4	6	6	6
Cost of revenue	3	4	3	8	3	4	4	4
Gross profit	−1	−1	0	−3	0	1	2	2
Research and development	27	24	22	23	22	19	23	25
Selling and marketing	2	1	2	1	2	2	2	2
General and administrative	8	8	7	8	10	10	12	10
Operating income	−38	−34	−30	−35	−33	−29	−35	−35
Interest expense	—	—	0	0	—	—	1	1
Income before tax	−37	−36	−35	−193	108	−25	−35	−80
Income tax	0	0	0	0	0	0	0	0
Net income	−37	−36	−35	−193	107	−25	−35	−80
Diluted EPS	−$0.70	−$0.67	−$0.64	−$3.49	−$0.52	−$0.40	−$0.56	−$1.23
EBITDA	−37	−33	−29	−34	−32	−28	−34	−34

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Aeva Technologies, Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Aeva Technologies, Inc.