NASDAQ$AEVA

Aeva Technologies Inc · Q4 2025 earnings

Q4 2025 earnings · · After market close

Briefing

Aeva reported Q4 2025 revenue of $5.6M with a GAAP operating loss of $(29.1)M and net loss of $(25.3)M.

Q4 2025 revenue was $5.6 million versus $2.7 million a year ago as commercial momentum accelerated. GAAP operating loss was $(29.1) million and net loss was $(25.3) million; non-GAAP operating loss was $(23.8) million. Full-year revenue reached a record $18.1 million with first series production award from a top-10 passenger OEM.

  • Q4 revenue $5.6M (+107% YoY).
  • GAAP operating loss $(29.1)M; net loss $(25.3)M.
  • FY revenue $18.1M (+99% YoY).
  • Production wins with major OEMs and defense partner Forterra.

Headline financials

Total Revenue

$5.6M

No prior period
EPS (adj)

$0.42

No prior period
Net Income

-$25.3M

No prior period
Operating Income

-$29.1M

No prior period

Revenue & EPS history

Aeva Technologies Inc · Revenue · Quarterly

$5.6M

Q4 2025
Beat estimate in 1 of 1 quarters(100%)
ActualEstimate

Forward guidance

Management expects another record revenue year as manufacturing scales for automotive and defense programs.

Tailwinds

  • Revenue doubling trajectory and design wins.
  • Operating loss narrowing on non-GAAP basis.

Headwinds

  • Pre-profitability lidar scale-up costs.
  • Automotive program timing and adoption risk.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 16 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

-2.7%

Avg return

Earnings day

-0.0%

Avg return

5 days after

+6.1%

Avg return

30 days after

38%

6 / 16 earnings

Positive

+6.7%

Q1 2025

Best reaction

-17.6%

Q1 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-17.6%+15.2%+38.7%
Q4 2025-2.8%+10.0%-6.4%
Q3 2025-6.1%-17.9%+6.7%
Q1 2025+6.7%+15.1%+70.3%
Q3 2024+6.4%+2.7%+15.1%
Q2 2024+2.1%+1.8%-13.2%
Q1 2024+0.3%-0.9%-9.6%
Q3 2023+2.6%-5.7%+28.1%
Q2 2023-8.2%-7.3%-14.8%
Q1 2023-5.5%-7.3%+26.4%
Q3 2022-3.2%+8.6%-17.7%
Q2 2022-3.0%-12.4%-38.5%
Q1 2022-9.8%+0.3%-6.3%
Q3 2021+4.6%+4.8%+8.1%
Q2 2021-5.7%-11.9%+10.6%
Q1 2021-3.7%+4.0%+0.5%

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