Aeva Technologies (AEVA) Financials

$19.71 +2.39 (+13.80%)

As of 04:00 PM Eastern

Annual Income Statements for Aeva Technologies

This table shows Aeva Technologies' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Net Income / (Loss) Attributable to Common Shareholders	-152	-149	-147
Consolidated Net Income / (Loss)	-152	-149	-147
Net Income / (Loss) Continuing Operations	-152	-149	-147
Total Pre-Tax Income	-152	-149	-147
Total Operating Income	-158	-148	-152
Total Gross Profit	-3.79	-5.89	-4.26
Total Revenue	9.07	4.31	4.19
Operating Revenue	9.07	4.31	4.19
Total Cost of Revenue	13	10	8.45
Operating Cost of Revenue	13	10	8.45
Total Operating Expenses	155	142	148
Selling, General & Admin Expense	33	32	31
Marketing Expense	7.16	7.64	7.04
Research & Development Expense	103	103	110
Other Special Charges / (Income)	12	0.00	0.00
Total Other Income / (Expense), net	6.28	-1.55	4.65
Interest & Investment Income	7.71	8.93	3.71
Other Income / (Expense), net	-1.43	-10	0.94
Income Tax Expense	0.17	0.00	0.00
Basic Earnings per Share	($2.85)	($3.29)	($3.39)
Weighted Average Basic Shares Outstanding	53.36M	45.41M	43.46M
Diluted Earnings per Share	($2.85)	($3.29)	($3.39)
Weighted Average Diluted Shares Outstanding	53.36M	45.41M	43.46M
Weighted Average Basic & Diluted Shares Outstanding	54.71M	263.83M	219.77M

This table shows Aeva Technologies' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	-36	-37	-43	-35	-45	-33	-36	-35	-43	-37
Consolidated Net Income / (Loss)	-36	-37	-43	-35	-45	-33	-36	-35	-43	-37
Net Income / (Loss) Continuing Operations	-36	-37	-43	-35	-45	-33	-36	-35	-43	-37
Total Pre-Tax Income	-36	-37	-43	-35	-45	-33	-36	-35	-43	-37
Total Operating Income	-34	-38	-49	-37	-37	-35	-38	-37	-44	-38
Total Gross Profit	-0.83	-0.72	-0.85	-1.39	-0.87	-1.72	-1.92	-1.38	-3.13	-1.39
Total Revenue	2.70	2.25	2.01	2.11	1.61	0.81	0.74	1.15	0.19	1.37
Operating Revenue	2.70	2.25	2.01	2.11	1.61	0.81	0.74	1.15	0.19	1.37
Total Cost of Revenue	3.53	2.97	2.86	3.50	2.48	2.53	2.66	2.53	3.32	2.77
Operating Cost of Revenue	3.53	2.97	2.86	3.50	2.48	2.53	2.66	2.53	3.32	2.77
Total Operating Expenses	33	37	48	36	36	34	36	36	41	36
Selling, General & Admin Expense	7.73	8.46	8.66	8.41	7.74	8.47	7.71	7.83	7.43	8.09
Marketing Expense	1.34	1.58	1.71	2.53	2.04	1.52	1.49	2.60	1.63	2.20
Research & Development Expense	24	27	26	25	26	24	27	25	32	26
Total Other Income / (Expense), net	-1.88	0.50	5.64	2.02	-8.12	2.26	2.23	2.09	1.72	1.30
Interest & Investment Income	1.39	1.77	2.10	2.46	2.42	2.22	2.23	2.06	1.67	1.16
Other Income / (Expense), net	-3.27	-1.27	3.54	-0.44	-11	0.04	0.00	0.03	0.05	0.14
Income Tax Expense	0.03	0.02	0.12	0.00	-	0.00	0.00	0.00	-	0.00
Basic Earnings per Share	($0.68)	($0.70)	($0.82)	($0.67)	($0.99)	($0.75)	($0.82)	($0.80)	($0.98)	($0.17)
Weighted Average Basic Shares Outstanding	53.36M	53.70M	53.00M	52.74M	45.41M	44.57M	44.10M	43.93M	43.46M	217.89M
Diluted Earnings per Share	($0.68)	($0.70)	($0.82)	($0.67)	($0.99)	($0.75)	($0.82)	($0.80)	($0.98)	($0.17)
Weighted Average Diluted Shares Outstanding	53.36M	53.70M	53.00M	52.74M	45.41M	44.57M	44.10M	43.93M	43.46M	217.89M
Basic & Diluted Earnings per Share	($0.68)	-	-	-	($0.99)	-	-	-	($0.98)	-
Weighted Average Basic & Diluted Shares Outstanding	54.71M	53.88M	53.65M	52.85M	263.83M	223.45M	222.73M	220.36M	219.77M	218.23M

This table details how cash moves in and out of Aeva Technologies' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Net Change in Cash & Equivalents	-9.68	-29	0.61
Net Cash From Operating Activities	-107	-119	-110
Net Cash From Continuing Operating Activities	-107	-119	-110
Net Income / (Loss) Continuing Operations	-152	-149	-147
Consolidated Net Income / (Loss)	-152	-149	-147
Depreciation Expense	5.48	4.62	3.27
Amortization Expense	-0.07	0.14	3.27
Non-Cash Adjustments To Reconcile Net Income	23	27	22
Changes in Operating Assets and Liabilities, net	17	-1.73	8.76
Net Cash From Investing Activities	98	69	111
Net Cash From Continuing Investing Activities	98	69	111
Purchase of Property, Plant & Equipment	-5.11	-6.10	-7.44
Purchase of Investments	-80	-157	-210
Sale and/or Maturity of Investments	183	233	329
Other Investing Activities, net	0.00	0.00	0.00
Net Cash From Financing Activities	-0.67	21	-0.37
Net Cash From Continuing Financing Activities	-0.67	21	-0.37
Issuance of Common Equity	0.00	21	0.00
Other Financing Activities, net	-0.67	-0.78	-0.37
Cash Interest Paid	0.00	0.00	0.00
Cash Income Taxes Paid	0.17	0.00	0.00

This table details how cash moves in and out of Aeva Technologies' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	-1.60	6.84	-5.98	-8.94	-2.00	5.87	2.81	-36	-50	35
Net Cash From Operating Activities	-21	-26	-29	-31	-27	-28	-27	-36	-27	-25
Net Cash From Continuing Operating Activities	-21	-26	-29	-31	-27	-28	-27	-36	-27	-25
Net Income / (Loss) Continuing Operations	-36	-37	-43	-35	-45	-33	-36	-35	-43	-37
Consolidated Net Income / (Loss)	-36	-37	-43	-35	-45	-33	-36	-35	-43	-37
Depreciation Expense	1.44	1.30	1.40	1.35	1.48	1.04	1.15	0.96	0.96	0.88
Amortization Expense	0.28	0.04	-0.15	-0.24	-0.04	0.10	-0.03	0.11	0.48	-
Non-Cash Adjustments To Reconcile Net Income	6.81	8.27	2.06	6.16	9.23	6.64	5.64	5.98	3.27	5.98
Changes in Operating Assets and Liabilities, net	6.72	1.90	11	-2.90	6.97	-2.61	1.80	-7.89	11	2.23
Net Cash From Investing Activities	20	33	23	22	4.75	34	30	0.42	-24	60
Net Cash From Continuing Investing Activities	20	33	23	22	4.75	34	30	0.42	-24	60
Purchase of Property, Plant & Equipment	-2.14	-0.54	-0.78	-1.65	-2.68	-1.04	-1.11	-1.28	-1.47	-2.10
Purchase of Investments	-17	-11	-13	-39	-60	-24	-20	-55	-66	-4.02
Sale and/or Maturity of Investments	39	44	37	63	67	59	51	56	44	66
Net Cash From Financing Activities	-0.31	-0.12	-0.22	-0.02	21	-0.01	0.06	0.04	-0.06	-0.14
Net Cash From Continuing Financing Activities	-0.31	-0.12	-0.22	-0.02	21	-0.01	0.06	0.04	-0.06	-0.56
Other Financing Activities, net	-0.31	-0.12	-0.22	-0.02	-0.87	-0.01	0.06	0.04	-0.06	-0.56
Cash Income Taxes Paid	0.05	0.05	0.07	0.00	-	-	-	0.00	-	-

This table presents Aeva Technologies' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Total Assets	147	257	357
Total Current Assets	123	229	335
Cash & Equivalents	29	39	67
Short-Term Investments	83	182	256
Accounts Receivable	1.19	0.63	2.89
Inventories, net	2.35	2.37	2.95
Other Current Assets	7.76	5.20	5.47
Plant, Property, & Equipment, net	10	12	9.72
Total Noncurrent Assets	14	16	12
Intangible Assets	1.73	2.63	3.53
Other Noncurrent Operating Assets	12	13	8.26
Total Liabilities & Shareholders' Equity	147	257	357
Total Liabilities	48	29	27
Total Current Liabilities	39	18	22
Accounts Payable	5.45	3.60	5.18
Accrued Expenses	5.71	2.65	9.06
Current Employee Benefit Liabilities	5.78	6.04	4.72
Other Current Liabilities	22	6.11	2.86
Total Noncurrent Liabilities	8.98	11	4.88
Other Noncurrent Operating Liabilities	8.98	11	4.88
Commitments & Contingencies	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	99	228	330
Total Preferred & Common Equity	99	228	330
Preferred Stock	0.00	0.00	0.00
Total Common Equity	99	228	330
Common Stock	711	688	644
Retained Earnings	-612	-460	-310
Accumulated Other Comprehensive Income / (Loss)	0.05	-0.09	-3.59

This table presents Aeva Technologies' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	169	198	225	266	292	320	388
Total Current Assets	145	172	197	243	271	299	365
Cash & Equivalents	30	24	30	41	35	32	118
Short-Term Investments	104	137	160	193	227	257	233
Accounts Receivable	0.58	0.84	0.98	0.77	0.87	2.45	3.39
Inventories, net	2.13	3.00	2.16	2.69	2.79	3.01	1.51
Other Current Assets	7.75	8.35	4.88	5.62	5.83	4.68	9.69
Plant, Property, & Equipment, net	11	12	13	11	11	11	9.38
Total Noncurrent Assets	12	14	15	12	9.85	11	13
Intangible Assets	1.95	2.18	2.40	2.85	3.08	3.30	3.75
Other Noncurrent Operating Assets	11	11	13	8.84	6.77	7.52	9.00
Total Liabilities & Shareholders' Equity	169	198	225	266	292	320	388
Total Liabilities	40	38	27	19	18	18	22
Total Current Liabilities	34	33	17	15	15	14	16
Accounts Payable	3.01	3.82	3.42	3.31	6.00	3.86	5.88
Accrued Expenses	4.63	2.94	2.64	2.77	2.33	3.86	4.05
Current Employee Benefit Liabilities	4.46	3.04	2.44	4.86	3.52	3.41	3.59
Other Current Liabilities	22	23	8.09	3.79	2.70	2.73	2.95
Total Noncurrent Liabilities	6.26	5.51	10	4.52	3.60	4.23	5.54
Other Noncurrent Operating Liabilities	6.26	5.51	10	0.02	0.06	4.23	5.54
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	129	160	198	246	274	302	366
Total Preferred & Common Equity	129	160	198	246	274	302	366
Total Common Equity	129	160	198	246	274	302	366
Common Stock	705	699	693	662	657	650	638
Retained Earnings	-576	-538	-495	-415	-381	-345	-268
Accumulated Other Comprehensive Income / (Loss)	0.12	-0.24	-0.25	-0.98	-1.90	-2.37	-4.68

This table displays calculated financial ratios and metrics derived from Aeva Technologies' official financial filings.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Growth Metrics	-	-	-
Revenue Growth	110.23%	2.86%	-54.75%
EBITDA Growth	-0.58%	-6.25%	-47.87%
EBIT Growth	-0.98%	-4.80%	-47.69%
NOPAT Growth	-7.16%	2.74%	-45.85%
Net Income Growth	-1.96%	-1.38%	-44.59%
EPS Growth	13.37%	-1.38%	-44.59%
Operating Cash Flow Growth	10.03%	-8.11%	-33.87%
Free Cash Flow Firm Growth	13.33%	-3.60%	-23.30%
Invested Capital Growth	-270.69%	21.26%	-46.21%
Revenue Q/Q Growth	13.60%	49.26%	-39.04%
EBITDA Q/Q Growth	6.17%	-2.02%	-9.60%
EBIT Q/Q Growth	5.82%	-1.96%	-8.99%
NOPAT Q/Q Growth	1.62%	4.86%	-8.93%
Net Income Q/Q Growth	5.48%	-1.56%	-8.02%
EPS Q/Q Growth	5.00%	-1.56%	-8.02%
Operating Cash Flow Q/Q Growth	5.68%	-0.44%	-1.73%
Free Cash Flow Firm Q/Q Growth	-0.98%	5.83%	6.27%
Invested Capital Q/Q Growth	-127.73%	-56.94%	-58.45%
Profitability Metrics	-	-	-
Gross Margin	-41.81%	-136.50%	-101.50%
EBITDA Margin	-1,703.21%	-3,559.86%	-3,446.47%
Operating Margin	-1,747.07%	-3,427.37%	-3,624.88%
EBIT Margin	-1,762.85%	-3,670.18%	-3,602.39%
Profit (Net Income) Margin	-1,679.66%	-3,463.20%	-3,513.96%
Tax Burden Percent	100.11%	100.00%	100.00%
Interest Burden Percent	95.17%	94.36%	97.55%
Effective Tax Rate	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.00%	-1,529.44%	-1,217.03%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	-1,512.60%	-1,206.38%
Return on Net Nonoperating Assets (RNNOA)	0.00%	1,475.96%	1,179.56%
Return on Equity (ROE)	-92.90%	-53.49%	-37.47%
Cash Return on Invested Capital (CROIC)	0.00%	-1,548.66%	-1,156.94%
Operating Return on Assets (OROA)	-78.94%	-51.55%	-36.14%
Return on Assets (ROA)	-75.21%	-48.64%	-35.25%
Return on Common Equity (ROCE)	-92.90%	-53.49%	-37.47%
Return on Equity Simple (ROE_SIMPLE)	-153.25%	-65.37%	-44.65%
Net Operating Profit after Tax (NOPAT)	-111	-103	-106
NOPAT Margin	-1,222.95%	-2,399.16%	-2,537.42%
Net Nonoperating Expense Percent (NNEP)	-24.86%	-16.84%	-10.65%
Return On Investment Capital (ROIC_SIMPLE)	-111.58%	-45.29%	-32.24%
Cost of Revenue to Revenue	141.81%	236.50%	201.50%
SG&A Expenses to Revenue	366.89%	736.57%	741.17%
R&D to Revenue	1,132.56%	2,377.16%	2,614.19%
Operating Expenses to Revenue	1,705.26%	3,290.86%	3,523.38%
Earnings before Interest and Taxes (EBIT)	-160	-158	-151
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-154	-154	-144
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	2.58	0.74	0.90
Price to Tangible Book Value (P/TBV)	2.62	0.75	0.91
Price to Revenue (P/Rev)	28.23	39.26	70.80
Price to Earnings (P/E)	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	15.88	0.00	0.00
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00
Leverage & Solvency	-	-	-
Debt to Equity	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00
Financial Leverage	-1.02	-0.98	-0.98
Leverage Ratio	1.24	1.10	1.06
Compound Leverage Factor	1.18	1.04	1.04
Debt to Total Capital	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	100.00%	100.00%
Debt to EBITDA	0.00	0.00	0.00
Net Debt to EBITDA	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00
Net Debt to NOPAT	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00
Altman Z-Score	-5.45	-0.02	5.12
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-
Current Ratio	3.15	12.46	15.35
Quick Ratio	2.89	12.04	14.97
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	-91	-105	-101
Operating Cash Flow to CapEx	-2,093.46%	-1,946.69%	-1,477.50%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00
Efficiency Ratios	-	-	-
Asset Turnover	0.04	0.01	0.01
Accounts Receivable Turnover	9.99	2.45	1.60
Inventory Turnover	5.45	3.83	3.37
Fixed Asset Turnover	0.81	0.40	0.56
Accounts Payable Turnover	2.84	2.32	1.77
Days Sales Outstanding (DSO)	36.54	148.77	227.60
Days Inventory Outstanding (DIO)	66.99	95.29	108.33
Days Payable Outstanding (DPO)	128.55	157.20	206.72
Cash Conversion Cycle (CCC)	-25.02	86.87	129.21
Capital & Investment Metrics	-	-	-
Invested Capital	-13	7.41	6.11
Invested Capital Turnover	-3.46	0.64	0.48
Increase / (Decrease) in Invested Capital	-20	1.30	-5.25
Enterprise Value (EV)	144	-52	-27
Market Capitalization	256	169	297
Book Value per Share	$1.84	$1.02	$1.51
Tangible Book Value per Share	$1.81	$1.01	$1.50
Total Capital	99	228	330
Total Debt	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00
Net Debt	-112	-221	-324
Capital Expenditures (CapEx)	5.11	6.10	7.44
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-28	-10	-11
Debt-free Net Working Capital (DFNWC)	84	211	313
Net Working Capital (NWC)	84	211	313
Net Nonoperating Expense (NNE)	41	46	41
Net Nonoperating Obligations (NNO)	-112	-221	-324
Total Depreciation and Amortization (D&A)	5.41	4.76	6.54
Debt-free, Cash-free Net Working Capital to Revenue	-307.40%	-236.71%	-250.86%
Debt-free Net Working Capital to Revenue	928.20%	4,889.17%	7,473.66%
Net Working Capital to Revenue	928.20%	4,889.17%	7,473.66%
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	($2.85)	($3.30)	($3.40)
Adjusted Weighted Average Basic Shares Outstanding	53.36M	45.41M	43.46M
Adjusted Diluted Earnings per Share	($2.85)	($3.30)	($3.40)
Adjusted Weighted Average Diluted Shares Outstanding	53.36M	45.41M	43.46M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	54.71M	52.77M	43.95M
Normalized Net Operating Profit after Tax (NOPAT)	-103	-103	-106
Normalized NOPAT Margin	-1,134.15%	-2,399.16%	-2,537.42%
Pre Tax Income Margin	-1,677.77%	-3,463.20%	-3,513.96%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00
Payout Ratios	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from Aeva Technologies' official financial filings.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	67.35%	177.78%	170.79%	83.54%	756.91%	-41.05%	-50.23%	0.97%	-93.46%	-60.55%
EBITDA Growth	22.11%	-10.17%	-19.04%	-1.41%	-7.09%	6.72%	-6.64%	-14.22%	-41.86%	-45.50%
EBIT Growth	20.85%	-10.40%	-18.83%	-1.46%	-6.84%	5.87%	-7.38%	-11.36%	-39.08%	-40.95%
NOPAT Growth	7.07%	-6.71%	-28.11%	-0.21%	17.01%	6.10%	-6.99%	-9.37%	-39.01%	-38.03%
Net Income Growth	19.61%	-12.51%	-20.69%	-0.43%	-5.37%	8.94%	-2.81%	-6.08%	-34.44%	-37.20%
EPS Growth	31.31%	6.67%	0.00%	16.25%	-5.37%	8.94%	-2.81%	-6.08%	-34.44%	-30.77%
Operating Cash Flow Growth	23.55%	7.78%	-6.41%	14.02%	-1.92%	-11.75%	12.81%	-35.70%	-7.50%	-8.45%
Free Cash Flow Firm Growth	85.61%	86.32%	26.61%	22.38%	-4.91%	25.48%	43.00%	24.92%	17.84%	-116.73%
Invested Capital Growth	-270.69%	-132.28%	-101.40%	-34.56%	21.26%	16.99%	-11.43%	12.95%	-46.21%	228.63%
Revenue Q/Q Growth	19.82%	11.83%	-4.51%	30.79%	98.89%	9.02%	-35.28%	510.64%	-86.32%	-7.97%
EBITDA Q/Q Growth	5.34%	14.32%	-20.29%	20.17%	-33.89%	7.42%	-2.47%	15.70%	-16.62%	-5.85%
EBIT Q/Q Growth	4.18%	13.72%	-20.08%	20.26%	-33.64%	7.13%	-2.53%	16.03%	-17.74%	-5.93%
NOPAT Q/Q Growth	9.60%	22.56%	-30.98%	-1.35%	-3.80%	7.03%	-2.46%	16.06%	-17.44%	-5.93%
Net Income Q/Q Growth	3.34%	13.82%	-22.84%	21.44%	-35.28%	7.56%	-2.22%	17.58%	-16.91%	-4.38%
EPS Q/Q Growth	2.86%	14.63%	-22.39%	-235.00%	-35.28%	7.56%	-2.22%	17.58%	-16.91%	-6.25%
Operating Cash Flow Q/Q Growth	19.28%	11.24%	5.80%	-13.27%	2.63%	-2.43%	23.89%	-34.28%	-6.75%	20.08%
Free Cash Flow Firm Q/Q Growth	-4.23%	79.34%	15.60%	20.81%	0.94%	-10.84%	10.74%	-7.03%	29.63%	15.22%
Invested Capital Q/Q Growth	-127.73%	-2,403.15%	-102.50%	19.67%	-56.94%	8.21%	17.35%	121.75%	-58.45%	-18.08%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	-30.75%	-32.04%	-42.15%	-66.07%	-54.13%	-211.73%	-258.14%	-120.30%	-1,663.83%	-101.24%
EBITDA Margin	-1,327.37%	-1,680.27%	-2,193.04%	-1,740.86%	-2,852.08%	-4,236.67%	-4,988.69%	-3,150.78%	-22,821.81%	-2,677.66%
Operating Margin	-1,269.99%	-1,683.38%	-2,431.06%	-1,772.38%	-2,287.09%	-4,382.22%	-5,138.76%	-3,246.17%	-23,614.36%	-2,751.24%
EBIT Margin	-1,391.17%	-1,739.73%	-2,254.92%	-1,793.21%	-2,941.22%	-4,377.41%	-5,138.63%	-3,243.73%	-23,589.36%	-2,741.41%
Profit (Net Income) Margin	-1,340.73%	-1,662.04%	-2,156.71%	-1,676.60%	-2,791.19%	-4,103.46%	-4,839.17%	-3,063.94%	-22,698.94%	-2,656.70%
Tax Burden Percent	100.07%	100.06%	100.28%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Interest Burden Percent	96.30%	95.48%	95.37%	93.50%	94.90%	93.74%	94.17%	94.46%	96.23%	96.91%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.00%	-1,613.06%	-1,418.84%	-583.11%	-1,020.60%	-555.07%	-733.36%	-747.25%	-7,928.37%	-1,380.03%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	-1,607.08%	-1,414.46%	-579.26%	-1,013.56%	-552.17%	-730.46%	-744.66%	-7,925.36%	-1,377.61%
Return on Net Nonoperating Assets (RNNOA)	0.00%	1,557.21%	1,363.28%	553.28%	989.01%	523.36%	693.56%	718.53%	7,749.17%	1,346.42%
Return on Equity (ROE)	-92.90%	-55.86%	-55.56%	-29.82%	-31.59%	-31.71%	-39.80%	-28.72%	-179.20%	-33.62%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	0.00%	-881.14%	-1,548.66%	-696.71%	-639.41%	-861.89%	-1,156.94%	-1,124.16%
Operating Return on Assets (OROA)	-62.30%	-63.86%	-60.21%	-34.70%	-41.31%	-38.72%	-50.17%	-35.54%	-236.62%	-42.19%
Return on Assets (ROA)	-60.04%	-61.01%	-57.59%	-32.44%	-39.20%	-36.30%	-47.24%	-33.57%	-227.69%	-40.88%
Return on Common Equity (ROCE)	-92.90%	-55.86%	-55.56%	-29.82%	-31.59%	-31.71%	-39.80%	-28.72%	-179.20%	-33.62%
Return on Equity Simple (ROE_SIMPLE)	0.00%	-124.62%	-98.10%	-75.42%	0.00%	-59.67%	-54.94%	-49.45%	0.00%	-37.31%
Net Operating Profit after Tax (NOPAT)	-24	-27	-34	-26	-26	-25	-27	-26	-31	-26
NOPAT Margin	-888.99%	-1,178.36%	-1,701.74%	-1,240.66%	-1,600.96%	-3,067.56%	-3,597.13%	-2,272.32%	-16,530.05%	-1,925.87%
Net Nonoperating Expense Percent (NNEP)	-7.31%	-5.98%	-4.38%	-3.85%	-7.04%	-2.89%	-2.90%	-2.59%	-3.02%	-2.42%
Return On Investment Capital (ROIC_SIMPLE)	-24.12%	-	-	-	-11.29%	-	-	-	-9.42%	-
Cost of Revenue to Revenue	130.75%	132.04%	142.15%	166.07%	154.13%	311.73%	358.14%	220.30%	1,763.83%	201.24%
SG&A Expenses to Revenue	286.68%	375.82%	430.57%	399.19%	480.51%	1,046.17%	1,038.09%	682.32%	3,951.06%	589.01%
R&D to Revenue	902.93%	1,205.16%	1,301.99%	1,187.09%	1,626.13%	2,936.67%	3,642.66%	2,217.25%	17,133.51%	1,901.24%
Operating Expenses to Revenue	1,239.24%	1,651.33%	2,388.92%	1,706.31%	2,232.96%	4,170.49%	4,880.62%	3,125.87%	21,950.53%	2,650.00%
Earnings before Interest and Taxes (EBIT)	-38	-39	-45	-38	-47	-35	-38	-37	-44	-38
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-36	-38	-44	-37	-46	-34	-37	-36	-43	-37
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.58	1.37	0.83	1.05	0.74	0.69	1.01	0.87	0.90	1.11
Price to Tangible Book Value (P/TBV)	2.62	1.39	0.84	1.06	0.75	0.70	1.02	0.88	0.91	1.13
Price to Revenue (P/Rev)	28.23	22.12	20.36	39.34	39.26	58.97	79.77	62.22	70.80	59.22
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	2.03	0.00	0.00	1.12	0.00	0.00	3.84
Enterprise Value to Revenue (EV/Rev)	15.88	5.22	0.00	3.42	0.00	0.00	5.15	0.00	0.00	8.21
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.02	0.01	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.02	0.01	0.00	0.00	0.00
Financial Leverage	-1.02	-0.97	-0.96	-0.96	-0.98	-0.95	-0.95	-0.96	-0.98	-0.98
Leverage Ratio	1.24	1.16	1.13	1.09	1.10	1.07	1.06	1.05	1.06	1.05
Compound Leverage Factor	1.19	1.11	1.08	1.02	1.04	1.00	0.99	0.99	1.02	1.02
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	1.79%	1.28%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	1.79%	1.28%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	100.00%	100.00%	100.00%	100.00%	98.21%	98.72%	100.00%	100.00%	100.00%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	-0.03	-0.02	0.00	0.00	0.00
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	1.52	1.68	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	-0.03	-0.02	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	-0.04	-0.03	0.00	0.00	0.00
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	2.11	2.34	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	-0.04	-0.03	0.00	0.00	0.00
Altman Z-Score	-2.71	-2.03	-1.59	2.03	1.40	3.72	7.91	7.86	6.11	10.92
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.15	4.32	5.28	11.89	12.46	16.48	18.61	21.55	15.35	22.20
Quick Ratio	2.89	4.03	4.93	11.47	12.04	15.92	18.02	20.99	14.97	21.52
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-3.90	-3.74	-18	-21	-27	-27	-25	-28	-26	-37
Operating Cash Flow to CapEx	-977.46%	-4,776.38%	-3,743.90%	-1,878.76%	-1,019.54%	-2,712.37%	-2,462.44%	-2,824.47%	-1,821.88%	-1,199.14%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.04	0.04	0.03	0.02	0.01	0.01	0.01	0.01	0.01	0.02
Accounts Receivable Turnover	9.99	11.88	7.64	3.08	2.45	1.39	5.66	3.16	1.60	2.99
Inventory Turnover	5.45	4.90	3.93	4.32	3.83	5.25	4.86	3.89	3.37	2.91
Fixed Asset Turnover	0.81	0.71	0.56	0.45	0.40	0.28	0.35	0.47	0.56	1.05
Accounts Payable Turnover	2.84	3.74	2.31	3.07	2.32	2.40	2.15	1.83	1.77	1.28
Days Sales Outstanding (DSO)	36.54	30.74	47.77	118.52	148.77	262.54	64.53	115.33	227.60	122.07
Days Inventory Outstanding (DIO)	66.99	74.42	92.90	84.47	95.29	69.57	75.15	93.75	108.33	125.35
Days Payable Outstanding (DPO)	128.55	97.58	157.73	118.98	157.20	152.03	170.03	199.63	206.72	285.32
Cash Conversion Cycle (CCC)	-25.02	7.58	-17.06	84.00	86.87	180.08	-30.35	9.45	129.21	-37.89
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	-13	-5.56	-0.22	8.87	7.41	17	16	14	6.11	15
Invested Capital Turnover	-3.46	1.37	0.83	0.47	0.64	0.18	0.20	0.33	0.48	0.72
Increase / (Decrease) in Invested Capital	-20	-23	-16	-4.69	1.30	2.50	-2.05	1.55	-5.25	10
Enterprise Value (EV)	144	42	-27	18	-52	-59	18	-27	-27	56
Market Capitalization	256	177	133	207	169	170	275	262	297	407
Book Value per Share	$1.84	$2.41	$3.03	$0.75	$1.02	$1.11	$1.24	$1.37	$1.51	$1.68
Tangible Book Value per Share	$1.81	$2.37	$2.99	$0.74	$1.01	$1.09	$1.23	$1.36	$1.50	$1.66
Total Capital	99	129	160	198	228	251	277	302	330	366
Total Debt	0.00	0.00	0.00	0.00	0.00	4.50	3.53	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	4.50	3.53	0.00	0.00	0.00
Net Debt	-112	-135	-160	-189	-221	-229	-258	-288	-324	-351
Capital Expenditures (CapEx)	2.14	0.54	0.78	1.65	2.68	1.04	1.11	1.28	1.47	2.10
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-28	-23	-20	-8.57	-10	-5.65	-5.06	-3.72	-11	-1.88
Debt-free Net Working Capital (DFNWC)	84	112	140	181	211	228	256	285	313	349
Net Working Capital (NWC)	84	112	140	181	211	228	256	285	313	349
Net Nonoperating Expense (NNE)	12	11	9.15	9.19	19	8.39	9.23	9.09	12	10
Net Nonoperating Obligations (NNO)	-112	-135	-160	-189	-221	-229	-258	-288	-324	-351
Total Depreciation and Amortization (D&A)	1.72	1.34	1.25	1.10	1.44	1.14	1.11	1.07	1.44	0.88
Debt-free, Cash-free Net Working Capital to Revenue	-307.40%	-290.26%	-312.52%	-162.59%	-236.71%	-195.50%	-146.60%	-88.56%	-250.86%	-27.26%
Debt-free Net Working Capital to Revenue	928.20%	1,399.17%	2,136.74%	3,429.29%	4,889.17%	7,893.49%	7,418.13%	6,773.35%	7,473.66%	5,073.97%
Net Working Capital to Revenue	928.20%	1,399.17%	2,136.74%	3,429.29%	4,889.17%	7,893.49%	7,418.13%	6,773.35%	7,473.66%	5,073.97%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.68)	($0.70)	($0.82)	($0.67)	($4.95)	($0.75)	($0.80)	($0.80)	($4.90)	($0.85)
Adjusted Weighted Average Basic Shares Outstanding	53.36M	53.70M	53.00M	52.74M	9.08M	44.57M	44.10M	43.93M	8.69M	43.58M
Adjusted Diluted Earnings per Share	($0.68)	($0.70)	($0.82)	($0.67)	($4.95)	($0.75)	($0.80)	($0.80)	($4.90)	($0.85)
Adjusted Weighted Average Diluted Shares Outstanding	53.36M	53.70M	53.00M	52.74M	9.08M	44.57M	44.10M	43.93M	8.69M	43.58M
Adjusted Basic & Diluted Earnings per Share	($0.68)	$0.00	$0.00	$0.00	($4.95)	$0.00	$0.00	$0.00	($4.90)	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	54.71M	53.88M	53.65M	52.85M	52.77M	44.69M	44.55M	44.07M	43.95M	43.65M
Normalized Net Operating Profit after Tax (NOPAT)	-24	-27	-26	-26	-26	-25	-27	-26	-31	-26
Normalized NOPAT Margin	-888.99%	-1,178.36%	-1,301.65%	-1,240.66%	-1,600.96%	-3,067.56%	-3,597.13%	-2,272.32%	-16,530.05%	-1,925.87%
Pre Tax Income Margin	-1,339.76%	-1,661.07%	-2,150.60%	-1,676.60%	-2,791.19%	-4,103.46%	-4,839.17%	-3,063.94%	-22,698.94%	-2,656.70%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions About Aeva Technologies' Financials

When does Aeva Technologies's financial year end?

According to the most recent income statement we have on file, Aeva Technologies' fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Aeva Technologies' net income changed over the last 2 years?

In the past 2 years, Aeva Technologies' net income has ranged from -$152.26 million in 2024 to -$147.31 million in 2022, and is currently -$152.26 million as of their latest financial filing in 2024. See where experts think Aeva Technologies is headed by visiting Aeva Technologies' forecast page.

What is Aeva Technologies's operating income?

Aeva Technologies's total operating income in 2024 was -$158.37 million, based on the following breakdown:

Total Gross Profit: -$3.79 million
Total Operating Expenses: $154.58 million

How has Aeva Technologies revenue changed over the last 2 years?

Over the last 2 years, Aeva Technologies' total revenue changed from $4.19 million in 2022 to $9.07 million in 2024, a change of 116.2%.

How much debt does Aeva Technologies have?

Aeva Technologies' total liabilities were at $48.14 million at the end of 2024, a 66.3% increase from 2023, and a 80.2% increase since 2022.

How much cash does Aeva Technologies have?

In the past 2 years, Aeva Technologies' cash and equivalents has ranged from $28.86 million in 2024 to $67.42 million in 2022, and is currently $28.86 million as of their latest financial filing in 2024.

How has Aeva Technologies' book value per share changed over the last 2 years?

Over the last 2 years, Aeva Technologies' book value per share changed from 1.51 in 2022 to 1.84 in 2024, a change of 22.0%.

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This page (NASDAQ:AEVA) was last updated on 6/3/2025 by MarketBeat.com Staff

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