# Aeva Technologies, Inc. (AEVA)

**Exchange:** NASDAQ  
**Sector:** Technology  
**Market cap:** $1.32B  
**Price:** $23.23 (+2.38%)

> Aeva Technologies, Inc. is a technology company specializing in the design, development, manufacture, and sale of advanced LiDAR sensing systems and related perception and autonomy-enabling software solutions. Founded in 2017, it leverages proprietary Frequency Modulated Continuous Wave (FMCW) technology to deliver 4D LiDAR sensors that simultaneously detect velocity and range, free from interference, enabling instant velocity detection and ultra-long range capabilities. Key products include Aeva Atlas, a long-range automotive-grade 4D LiDAR for industrial and automotive production; Atlas Ultra, the slimmest high-resolution version for SAE L3/L4 autonomous driving programs; Aeva Omni for wide-view short-range physical AI applications; and Aeva Eve 1 for high-precision factory automation. The company's 4D LiDAR-on-Chip technology using silicon photonics ensures compact design, low cost, and scalability, complemented by powerful onboard AI software for dynamic object detection and tracking. Aeva Technologies serves diverse sectors including automotive (passenger vehicles, trucking), industrial automation, robotics, rail, defense, security, and airport infrastructure across North America, Europe, the Middle East, Africa, and Asia, partnering with major players like Daimler Truck, Nvidia, Nikon, LG, and SICK to advance autonomous navigation and perception innovation.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $18M | -$660,000 | -$128M | -$145M | — |
| 2024 | $9M | -$4M | -$158M | -$152M | — |
| 2023 | $4M | -$6M | -$148M | -$149M | — |
| 2022 | $4M | -$4M | -$152M | -$147M | — |
| 2021 | $9M | $3M | -$104M | -$102M | — |
| 2020 | $5M | $2M | -$26M | -$26M | — |
| 2019 | $1M | $569,000 | -$20M | -$20M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $180M | $166M | $13M | $72M | — |
| 2024 | $147M | $48M | $99M | $29M | — |
| 2023 | $257M | $29M | $228M | $39M | — |
| 2022 | $357M | $27M | $330M | $67M | — |
| 2021 | $479M | $23M | $456M | $67M | — |
| 2020 | $33M | $6M | $27M | $25M | — |
| 2019 | $106,895 | $81,808 | $49M | $47M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | -$115M | $5M | -$120M |
| 2024 | -$107M | $5M | -$112M |
| 2023 | -$119M | $6M | -$125M |
| 2022 | -$110M | $7M | -$117M |
| 2021 | -$82M | $4M | -$86M |
| 2020 | -$21M | $855,000 | -$22M |
| 2019 | -$16M | $421,000 | -$17M |

Source: [CompaniesByCap](https://companiesbycap.com/company/AEVA)