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Aeva Technologies (AEVA) Financials

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$27.32 +2.19 (+8.71%)
As of 06/23/2025 04:00 PM Eastern
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Annual Income Statements for Aeva Technologies

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 2019 2020 2021 2022 2023 2024
Period end date 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Income / (Loss) Attributable to Common Shareholders		 -20 -26 -102 -147 -149 -152
Consolidated Net Income / (Loss)		 -20 -26 -102 -147 -149 -152
Net Income / (Loss) Continuing Operations		 -20 -26 -102 -147 -149 -152
Total Pre-Tax Income 		-20 -26 -102 -147 -149 -152
Total Operating Income		 -20 -26 -104 -152 -148 -158
Total Gross Profit		 0.57 2.10 3.43 -4.26 -5.89 -3.79
Total Revenue		 1.38 4.84 9.27 4.19 4.31 9.07
Operating Revenue		 1.38 4.84 9.27 4.19 4.31 9.07
Total Cost of Revenue		 0.82 2.74 5.83 8.45 10 13
Operating Cost of Revenue		 0.82 2.74 5.83 8.45 10 13
Total Operating Expenses		 21 28 108 148 142 155
Selling, General & Admin Expense		 4.29 5.66 28 31 32 33
Marketing Expense		 0.97 1.68 4.44 7.04 7.64 7.16
Research & Development Expense		 15 20 75 110 103 103
Other Special Charges / (Income)		 - - - 0.00 0.00 12
Total Other Income / (Expense), net		 0.50 0.17 2.31 4.65 -1.55 6.28
Interest & Investment Income		 0.52 0.20 0.37 3.71 8.93 7.71
Other Income / (Expense), net		 -0.02 -0.02 1.94 0.94 -10 -1.43
Income Tax Expense		 0.00 0.00 0.00 0.00 0.00 0.17
Basic Earnings per Share		 ($0.17) ($0.18) ($0.51) ($3.39) ($3.29) ($2.85)
Weighted Average Basic Shares Outstanding		 114.97M 141.74M 200.85M 43.46M 45.41M 53.36M
Diluted Earnings per Share		 ($0.17) ($0.18) ($0.51) ($3.39) ($3.29) ($2.85)
Weighted Average Diluted Shares Outstanding		 114.97M 141.74M 200.85M 43.46M 45.41M 53.36M
Weighted Average Basic & Diluted Shares Outstanding		 114.97M 141.74M 200.85M 219.77M 263.83M 54.71M

Quarterly Income Statements for Aeva Technologies

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

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 -37 -43 -35 -36 -33 -45 -35 -43 -37 -36 -35
Consolidated Net Income / (Loss)		 -37 -43 -35 -36 -33 -45 -35 -43 -37 -36 -35
Net Income / (Loss) Continuing Operations		 -37 -43 -35 -36 -33 -45 -35 -43 -37 -36 -35
Total Pre-Tax Income 		-37 -43 -35 -36 -33 -45 -35 -43 -37 -36 -35
Total Operating Income		 -38 -44 -37 -38 -35 -37 -37 -49 -38 -34 -30
Total Gross Profit		 -1.39 -3.13 -1.38 -1.92 -1.72 -0.87 -1.39 -0.85 -0.72 -0.83 0.31
Total Revenue		 1.37 0.19 1.15 0.74 0.81 1.61 2.11 2.01 2.25 2.70 3.37
Operating Revenue		 1.37 0.19 1.15 0.74 0.81 1.61 2.11 2.01 2.25 2.70 3.37
Total Cost of Revenue		 2.77 3.32 2.53 2.66 2.53 2.48 3.50 2.86 2.97 3.53 3.06
Operating Cost of Revenue		 2.77 3.32 2.53 2.66 2.53 2.48 3.50 2.86 2.97 3.53 3.06
Total Operating Expenses		 36 41 36 36 34 36 36 48 37 33 31
Selling, General & Admin Expense		 8.09 7.43 7.83 7.71 8.47 7.74 8.41 8.66 8.46 7.73 7.22
Marketing Expense		 2.20 1.63 2.60 1.49 1.52 2.04 2.53 1.71 1.58 1.34 1.94
Research & Development Expense		 26 32 25 27 24 26 25 26 27 24 22
Total Other Income / (Expense), net		 1.30 1.72 2.09 2.23 2.26 -8.12 2.02 5.64 0.50 -1.88 -4.39
Interest & Investment Income		 1.16 1.67 2.06 2.23 2.22 2.42 2.46 2.10 1.77 1.39 1.01
Other Income / (Expense), net		 0.14 0.05 0.03 0.00 0.04 -11 -0.44 3.54 -1.27 -3.27 -5.40
Income Tax Expense		 0.00 - 0.00 0.00 0.00 - 0.00 0.12 0.02 0.03 0.06
Basic Earnings per Share		 ($0.17) ($0.98) ($0.80) ($0.82) ($0.75) ($0.99) ($0.67) ($0.82) ($0.70) ($0.68) ($0.64)
Weighted Average Basic Shares Outstanding		 217.89M 43.46M 43.93M 44.10M 44.57M 45.41M 52.74M 53.00M 53.70M 53.36M 54.75M
Diluted Earnings per Share		 ($0.17) ($0.98) ($0.80) ($0.82) ($0.75) ($0.99) ($0.67) ($0.82) ($0.70) ($0.68) ($0.64)
Weighted Average Diluted Shares Outstanding		 217.89M 43.46M 43.93M 44.10M 44.57M 45.41M 52.74M 53.00M 53.70M 53.36M 54.75M
Weighted Average Basic & Diluted Shares Outstanding		 218.23M 219.77M 220.36M 222.73M 223.45M 263.83M 52.85M 53.65M 53.88M 54.71M 55.02M

Annual Cash Flow Statements for Aeva Technologies

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 2019 2020 2021 2022 2023 2024
Period end date 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Change in Cash & Equivalents		 19 -22 42 0.61 -29 -9.68
Net Cash From Operating Activities		 -16 -21 -82 -110 -119 -107
Net Cash From Continuing Operating Activities		 -16 -21 -82 -110 -119 -107
Net Income / (Loss) Continuing Operations		 -20 -26 -102 -147 -149 -152
Consolidated Net Income / (Loss)		 -20 -26 -102 -147 -149 -152
Depreciation Expense		 0.63 0.80 1.15 3.27 4.62 5.48
Amortization Expense		 0.00 0.00 3.40 3.27 0.14 -0.07
Non-Cash Adjustments To Reconcile Net Income		 2.15 3.81 19 22 27 23
Changes in Operating Assets and Liabilities, net		 0.42 -0.27 -3.32 8.76 -1.73 17
Net Cash From Investing Activities		 -0.42 -0.86 -389 111 69 98
Net Cash From Continuing Investing Activities		 -0.42 -0.86 -389 111 69 98
Purchase of Property, Plant & Equipment		 -0.42 -0.86 -3.85 -7.44 -6.10 -5.11
Purchase of Investments		 0.00 0.00 -572 -210 -157 -80
Sale and/or Maturity of Investments		 0.00 0.00 192 329 233 183
Other Investing Activities, net		 0.00 0.00 -4.50 0.00 0.00 0.00
Net Cash From Financing Activities		 36 0.07 513 -0.37 21 -0.67
Net Cash From Continuing Financing Activities		 36 0.07 513 -0.37 21 -0.67
Issuance of Common Equity		 - - 0.00 0.00 21 0.00
Other Financing Activities, net		 0.04 0.07 513 -0.37 -0.78 -0.67
Cash Interest Paid		 0.00 0.00 0.00 0.00 0.00 0.00
Cash Income Taxes Paid		 0.00 0.00 0.00 0.00 0.00 0.17

Quarterly Cash Flow Statements for Aeva Technologies

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 Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025
Net Change in Cash & Equivalents		 35 -50 -36 2.81 5.87 -2.00 -8.94 -5.98 6.84 -1.60 -7.65
Net Cash From Operating Activities		 -25 -27 -36 -27 -28 -27 -31 -29 -26 -21 -31
Net Cash From Continuing Operating Activities		 -25 -27 -36 -27 -28 -27 -31 -29 -26 -21 -31
Net Income / (Loss) Continuing Operations		 -37 -43 -35 -36 -33 -45 -35 -43 -37 -36 -35
Consolidated Net Income / (Loss)		 -37 -43 -35 -36 -33 -45 -35 -43 -37 -36 -35
Depreciation Expense		 0.88 0.96 0.96 1.15 1.04 1.48 1.35 1.40 1.30 1.44 1.39
Amortization Expense		 - 0.48 0.11 -0.03 0.10 -0.04 -0.24 -0.15 0.04 0.28 0.43
Non-Cash Adjustments To Reconcile Net Income		 5.98 3.27 5.98 5.64 6.64 9.23 6.16 2.06 8.27 6.81 10.00
Changes in Operating Assets and Liabilities, net		 2.23 11 -7.89 1.80 -2.61 6.97 -2.90 11 1.90 6.72 -7.74
Net Cash From Investing Activities		 60 -24 0.42 30 34 4.75 22 23 33 20 23
Net Cash From Continuing Investing Activities		 60 -24 0.42 30 34 4.75 22 23 33 20 23
Purchase of Property, Plant & Equipment		 -2.10 -1.47 -1.28 -1.11 -1.04 -2.68 -1.65 -0.78 -0.54 -2.14 -0.46
Purchase of Investments		 -4.02 -66 -55 -20 -24 -60 -39 -13 -11 -17 -16
Sale and/or Maturity of Investments		 66 44 56 51 59 67 63 37 44 39 40
Net Cash From Financing Activities		 -0.14 -0.06 0.04 0.06 -0.01 21 -0.02 -0.22 -0.12 -0.31 -0.18
Net Cash From Continuing Financing Activities		 -0.56 -0.06 0.04 0.06 -0.01 21 -0.02 -0.22 -0.12 -0.31 -0.18
Other Financing Activities, net		 -0.56 -0.06 0.04 0.06 -0.01 -0.87 -0.02 -0.22 -0.12 -0.31 -0.18
Cash Interest Paid		 - - 0.00 - - - 0.00 - - - 0.00
Cash Income Taxes Paid		 - - 0.00 - - - 0.00 0.07 0.05 0.05 0.04

Annual Balance Sheets for Aeva Technologies

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 2019 2020 2021 2022 2023 2024
Period end date 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Total Assets		 0.11 33 479 357 257 147
Total Current Assets		 0.00 31 458 335 229 123
Cash & Equivalents		 0.00 25 67 67 39 29
Short-Term Investments		 - 0.00 378 256 182 83
Accounts Receivable		 - 0.14 2.34 2.89 0.63 1.19
Inventories, net		 - 1.22 2.06 2.95 2.37 2.35
Other Current Assets		 - 4.97 9.07 5.47 5.20 7.76
Plant, Property, & Equipment, net		 0.00 1.61 5.14 9.72 12 10
Total Noncurrent Assets		 0.11 0.06 16 12 16 14
Intangible Assets		 - - 4.43 3.53 2.63 1.73
Other Noncurrent Operating Assets		 0.11 0.06 11 8.26 13 12
Total Liabilities & Shareholders' Equity		 0.11 33 479 357 257 147
Total Liabilities		 0.08 5.72 23 27 29 48
Total Current Liabilities		 0.08 5.67 14 22 18 39
Accounts Payable		 - 2.07 4.39 5.18 3.60 5.45
Accrued Expenses		 0.00 2.61 4.11 9.06 2.65 5.71
Current Employee Benefit Liabilities		 - 0.72 2.20 4.72 6.04 5.78
Other Current Liabilities		 - 0.28 3.61 2.86 6.11 22
Total Noncurrent Liabilities		 0.00 0.05 8.52 4.88 11 8.98
Other Noncurrent Operating Liabilities		 - 0.05 8.52 4.88 11 8.98
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00
Redeemable Noncontrolling Interest		 0.00 0.00 0.00 - - 0.00
Total Equity & Noncontrolling Interests		 0.03 27 456 330 228 99
Total Preferred & Common Equity		 0.03 27 456 330 228 99
Total Common Equity		 0.03 27 456 330 228 99
Common Stock		 0.03 88 620 644 688 711
Retained Earnings		 -0.00 -61 -163 -310 -460 -612
Accumulated Other Comprehensive Income / (Loss)		 - 0.00 -0.52 -3.59 -0.09 0.05

Quarterly Balance Sheets for Aeva Technologies

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 Q2 2022 Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025
Period end date 6/30/2022 9/30/2022 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025
Total Assets		 416 388 320 292 266 225 198 169 115
Total Current Assets		 393 365 299 271 243 197 172 145 92
Cash & Equivalents		 83 118 32 35 41 30 24 30 21
Short-Term Investments		 296 233 257 227 193 160 137 104 60
Accounts Receivable		 0.35 3.39 2.45 0.87 0.77 0.98 0.84 0.58 0.78
Inventories, net		 1.85 1.51 3.01 2.79 2.69 2.16 3.00 2.13 3.88
Other Current Assets		 12 9.69 4.68 5.83 5.62 4.88 8.35 7.75 6.13
Plant, Property, & Equipment, net		 8.52 9.38 11 11 11 13 12 11 12
Total Noncurrent Assets		 14 13 11 9.85 12 15 14 12 10
Intangible Assets		 3.98 3.75 3.30 3.08 2.85 2.40 2.18 1.95 1.50
Other Noncurrent Operating Assets		 9.72 9.00 7.52 6.77 8.84 13 11 11 8.93
Total Liabilities & Shareholders' Equity		 416 388 320 292 266 225 198 169 115
Total Liabilities		 19 22 18 18 19 27 38 40 46
Total Current Liabilities		 12 16 14 15 15 17 33 34 32
Accounts Payable		 4.50 5.88 3.86 6.00 3.31 3.42 3.82 3.01 3.97
Accrued Expenses		 2.68 4.05 3.86 2.33 2.77 2.64 2.94 4.63 4.59
Current Employee Benefit Liabilities		 2.17 3.59 3.41 3.52 4.86 2.44 3.04 4.46 4.71
Other Current Liabilities		 3.15 2.95 2.73 2.70 3.79 8.09 23 22 19
Total Noncurrent Liabilities		 6.27 5.54 4.23 3.60 4.52 10 5.51 6.26 14
Other Noncurrent Operating Liabilities		 6.27 5.54 4.23 0.06 0.02 10 5.51 6.26 14
Commitments & Contingencies		 0.00 0.00 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 0.00 0.00
Total Equity & Noncontrolling Interests		 397 366 302 274 246 198 160 129 69
Total Preferred & Common Equity		 397 366 302 274 246 198 160 129 69
Total Common Equity		 397 366 302 274 246 198 160 129 69
Common Stock		 632 638 650 657 662 693 699 705 716
Retained Earnings		 -231 -268 -345 -381 -415 -495 -538 -576 -647
Accumulated Other Comprehensive Income / (Loss)		 -3.93 -4.68 -2.37 -1.90 -0.98 -0.25 -0.24 0.12 -0.01

Annual Metrics And Ratios for Aeva Technologies

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

Metric 2019 2020 2021 2022 2023 2024
Period end date 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Growth Metrics		 - - - - - -
Revenue Growth		 0.00% 249.93% 91.31% -54.75% 2.86% 110.23%
EBITDA Growth		 0.00% -28.19% -291.33% -47.87% -6.25% -0.58%
EBIT Growth		 0.00% -28.12% -296.86% -47.69% -4.80% -0.98%
NOPAT Growth		 0.00% -28.11% -304.75% -45.85% 2.74% -7.16%
Net Income Growth		 0.00% -30.50% -298.43% -44.59% -1.38% -1.96%
EPS Growth		 0.00% -5.88% -183.33% -44.59% -1.38% 13.37%
Operating Cash Flow Growth		 0.00% -29.58% -286.72% -33.87% -8.11% 10.03%
Free Cash Flow Firm Growth		 0.00% 0.00% -305.94% -23.30% -3.60% 13.33%
Invested Capital Growth		 0.00% 2,061.58% 396.55% -46.21% 21.26% -270.69%
Revenue Q/Q Growth		 0.00% 0.00% 30.05% -39.04% 49.26% 13.60%
EBITDA Q/Q Growth		 0.00% 0.00% -28.09% -9.60% -2.02% 6.17%
EBIT Q/Q Growth		 0.00% 0.00% -28.81% -8.99% -1.96% 5.82%
NOPAT Q/Q Growth		 0.00% 0.00% -28.21% -8.93% 4.86% 1.62%
Net Income Q/Q Growth		 0.00% 0.00% -28.72% -8.02% -1.56% 5.48%
EPS Q/Q Growth		 0.00% 0.00% -37.84% -8.02% -1.56% 5.00%
Operating Cash Flow Q/Q Growth		 0.00% 0.00% -28.67% -1.73% -0.44% 5.68%
Free Cash Flow Firm Q/Q Growth		 0.00% 0.00% 0.00% 6.27% 5.83% -0.98%
Invested Capital Q/Q Growth		 0.00% 0.00% 153.82% -58.45% -56.94% -127.73%
Profitability Metrics		 - - - - - -
Gross Margin		 41.11% 43.40% 37.04% -101.50% -136.50% -41.81%
EBITDA Margin		 -1,407.23% -515.53% -1,054.55% -3,446.47% -3,559.86% -1,703.21%
Operating Margin		 -1,451.81% -531.51% -1,124.51% -3,624.88% -3,427.37% -1,747.07%
EBIT Margin		 -1,453.03% -532.01% -1,103.62% -3,602.39% -3,670.18% -1,762.85%
Profit (Net Income) Margin		 -1,415.75% -527.98% -1,099.60% -3,513.96% -3,463.20% -1,679.66%
Tax Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.11%
Interest Burden Percent		 97.43% 99.24% 99.64% 97.55% 94.36% 95.17%
Effective Tax Rate		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)		 -13,282.12% -1,504.76% -1,068.18% -1,217.03% -1,529.44% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)		 -20,124.14% -1,443.22% -1,055.86% -1,206.38% -1,512.60% 0.00%
Return on Net Nonoperating Assets (RNNOA)		 -64,822.08% 1,314.92% 1,026.02% 1,179.56% 1,475.96% 0.00%
Return on Equity (ROE)		 -78,104.20% -189.84% -42.16% -37.47% -53.49% -92.90%
Cash Return on Invested Capital (CROIC)		 0.00% -1,687.07% -1,201.13% -1,156.94% -1,548.66% 0.00%
Operating Return on Assets (OROA)		 -18,812.85% -157.40% -39.96% -36.14% -51.55% -78.94%
Return on Assets (ROA)		 -18,330.14% -156.21% -39.81% -35.25% -48.64% -75.21%
Return on Common Equity (ROCE)		 -78,104.20% -189.84% -42.16% -37.47% -53.49% -92.90%
Return on Equity Simple (ROE_SIMPLE)		 0.00% -95.01% -22.32% -44.65% -65.37% -153.25%
Net Operating Profit after Tax (NOPAT)		 -14 -18 -73 -106 -103 -111
NOPAT Margin		 -1,016.26% -372.06% -787.16% -2,537.42% -2,399.16% -1,222.95%
Net Nonoperating Expense Percent (NNEP)		 6,842.02% -61.53% -12.33% -10.65% -16.84% -24.86%
Return On Investment Capital (ROIC_SIMPLE)		 - - - -32.24% -45.29% -111.58%
Cost of Revenue to Revenue		 58.89% 56.60% 62.96% 201.50% 236.50% 141.81%
SG&A Expenses to Revenue		 309.97% 116.95% 306.61% 741.17% 736.57% 366.89%
R&D to Revenue		 1,113.15% 423.23% 806.99% 2,614.19% 2,377.16% 1,132.56%
Operating Expenses to Revenue		 1,492.92% 574.91% 1,161.55% 3,523.38% 3,290.86% 1,705.26%
Earnings before Interest and Taxes (EBIT)		 -20 -26 -102 -151 -158 -160
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -19 -25 -98 -144 -154 -154
Valuation Ratios		 - - - - - -
Price to Book Value (P/BV)		 8,370.87 19.16 3.55 0.90 0.74 2.58
Price to Tangible Book Value (P/TBV)		 8,370.87 19.16 3.58 0.91 0.75 2.62
Price to Revenue (P/Rev)		 151.73 106.45 174.63 70.80 39.26 28.23
Price to Earnings (P/E)		 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%
Earnings Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 1,983.86 214.46 103.19 0.00 0.00 0.00
Enterprise Value to Revenue (EV/Rev)		 151.79 101.36 126.59 0.00 0.00 15.88
Enterprise Value to EBITDA (EV/EBITDA)		 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
Enterprise Value to NOPAT (EV/NOPAT)		 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
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency		 - - - - - -
Debt to Equity		 3.22 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to Equity		 0.00 0.00 0.00 0.00 0.00 0.00
Financial Leverage		 3.22 -0.91 -0.97 -0.98 -0.98 -1.02
Leverage Ratio		 4.26 1.22 1.06 1.06 1.10 1.24
Compound Leverage Factor		 4.15 1.21 1.06 1.04 1.04 1.18
Debt to Total Capital		 76.31% 0.00% 0.00% 0.00% 0.00% 0.00%
Short-Term Debt to Total Capital		 76.31% 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% 0.00%
Preferred Equity to Total Capital		 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%
Common Equity to Total Capital		 23.69% 100.00% 100.00% 100.00% 100.00% 100.00%
Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00
Debt to NOPAT		 -0.01 0.00 0.00 0.00 0.00 0.00
Net Debt to NOPAT		 -0.01 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00
Altman Z-Score		 931.38 49.94 42.51 5.12 -0.02 -5.45
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - -
Current Ratio		 0.00 5.46 32.07 15.35 12.46 3.15
Quick Ratio		 0.00 4.36 31.29 14.97 12.04 2.89
Cash Flow Metrics		 - - - - - -
Free Cash Flow to Firm (FCFF)		 0.00 -20 -82 -101 -105 -91
Operating Cash Flow to CapEx		 -3,891.69% -2,483.16% -2,132.60% -1,477.50% -1,946.69% -2,093.46%
Free Cash Flow to Firm to Interest Expense		 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
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios		 - - - - - -
Asset Turnover		 12.95 0.30 0.04 0.01 0.01 0.04
Accounts Receivable Turnover		 0.00 0.00 7.47 1.60 2.45 9.99
Inventory Turnover		 0.00 0.00 3.55 3.37 3.83 5.45
Fixed Asset Turnover		 0.00 0.00 2.75 0.56 0.40 0.81
Accounts Payable Turnover		 0.00 0.00 1.81 1.77 2.32 2.84
Days Sales Outstanding (DSO)		 0.00 0.00 48.89 227.60 148.77 36.54
Days Inventory Outstanding (DIO)		 0.00 0.00 102.69 108.33 95.29 66.99
Days Payable Outstanding (DPO)		 0.00 0.00 202.02 206.72 157.20 128.55
Cash Conversion Cycle (CCC)		 0.00 0.00 -50.45 129.21 86.87 -25.02
Capital & Investment Metrics		 - - - - - -
Invested Capital		 0.11 2.29 11 6.11 7.41 -13
Invested Capital Turnover		 13.07 4.04 1.36 0.48 0.64 -3.46
Increase / (Decrease) in Invested Capital		 0.00 2.18 9.08 -5.25 1.30 -20
Enterprise Value (EV)		 210 491 1,173 -27 -52 144
Market Capitalization		 210 516 1,618 297 169 256
Book Value per Share		 $0.00 $0.87 $2.13 $1.51 $1.02 $1.84
Tangible Book Value per Share		 $0.00 $0.87 $2.11 $1.50 $1.01 $1.81
Total Capital		 0.11 27 456 330 228 99
Total Debt		 0.08 0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt		 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt		 0.08 -25 -445 -324 -221 -112
Capital Expenditures (CapEx)		 0.42 0.86 3.85 7.44 6.10 5.11
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -0.00 0.66 -0.82 -11 -10 -28
Debt-free Net Working Capital (DFNWC)		 -0.00 25 444 313 211 84
Net Working Capital (NWC)		 -0.08 25 444 313 211 84
Net Nonoperating Expense (NNE)		 5.53 7.55 29 41 46 41
Net Nonoperating Obligations (NNO)		 0.08 -25 -445 -324 -221 -112
Total Depreciation and Amortization (D&A)		 0.63 0.80 4.55 6.54 4.76 5.41
Debt-free, Cash-free Net Working Capital to Revenue		 -0.07% 13.55% -8.88% -250.86% -236.71% -307.40%
Debt-free Net Working Capital to Revenue		 -0.07% 521.99% 4,794.25% 7,473.66% 4,889.17% 928.20%
Net Working Capital to Revenue		 -5.91% 521.99% 4,794.25% 7,473.66% 4,889.17% 928.20%
Earnings Adjustments		 - - - - - -
Adjusted Basic Earnings per Share		 $0.00 ($1.60) ($2.55) ($3.40) ($3.30) ($2.85)
Adjusted Weighted Average Basic Shares Outstanding		 0.00 6.21M 43.20M 43.46M 45.41M 53.36M
Adjusted Diluted Earnings per Share		 $0.00 ($1.60) ($2.55) ($3.40) ($3.30) ($2.85)
Adjusted Weighted Average Diluted Shares Outstanding		 0.00 6.21M 43.20M 43.46M 45.41M 53.36M
Adjusted Basic & Diluted Earnings per Share		 $0.00 ($1.60) ($2.55) $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 0.00 6.18M 40.17M 43.95M 52.77M 54.71M
Normalized Net Operating Profit after Tax (NOPAT)		 -14 -18 -73 -106 -103 -103
Normalized NOPAT Margin		 -1,016.26% -372.06% -787.16% -2,537.42% -2,399.16% -1,134.15%
Pre Tax Income Margin		 -1,415.75% -527.98% -1,099.60% -3,513.96% -3,463.20% -1,677.77%
Debt Service Ratios		 - - - - - -
EBIT to Interest Expense		 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
EBIT Less CapEx to Interest Expense		 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
Payout Ratios		 - - - - - -
Dividend Payout Ratio		 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%

Quarterly Metrics And Ratios for Aeva Technologies

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

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 -60.55% -93.46% 0.97% -50.23% -41.05% 756.91% 83.54% 170.79% 177.78% 67.35% 59.85%
EBITDA Growth		 -45.50% -41.86% -14.22% -6.64% 6.72% -7.09% -1.41% -19.04% -10.17% 22.11% 7.30%
EBIT Growth		 -40.95% -39.08% -11.36% -7.38% 5.87% -6.84% -1.46% -18.83% -10.40% 20.85% 5.20%
NOPAT Growth		 -38.03% -39.01% -9.37% -6.99% 6.10% 17.01% -0.21% -28.11% -6.71% 7.07% 18.55%
Net Income Growth		 -37.20% -34.44% -6.08% -2.81% 8.94% -5.37% -0.43% -20.69% -12.51% 19.61% 1.30%
EPS Growth		 -30.77% -34.44% -6.08% -2.81% 8.94% -5.37% 16.25% 0.00% 6.67% 31.31% 4.48%
Operating Cash Flow Growth		 -8.45% -7.50% -35.70% 12.81% -11.75% -1.92% 14.02% -6.41% 7.78% 23.55% 0.55%
Free Cash Flow Firm Growth		 -116.73% 17.84% 24.92% 43.00% 25.48% -4.91% 22.38% 26.61% 86.32% 85.61% 98.90%
Invested Capital Growth		 228.63% -46.21% 12.95% -11.43% 16.99% 21.26% -34.56% -101.40% -132.28% -270.69% -237.33%
Revenue Q/Q Growth		 -7.97% -86.32% 510.64% -35.28% 9.02% 98.89% 30.79% -4.51% 11.83% 19.82% 24.93%
EBITDA Q/Q Growth		 -5.85% -16.62% 15.70% -2.47% 7.42% -33.89% 20.17% -20.29% 14.32% 5.34% 4.98%
EBIT Q/Q Growth		 -5.93% -17.74% 16.03% -2.53% 7.13% -33.64% 20.26% -20.08% 13.72% 4.18% 4.50%
NOPAT Q/Q Growth		 -5.93% -17.44% 16.06% -2.46% 7.03% -3.80% -1.35% -30.98% 22.56% 9.60% 11.16%
Net Income Q/Q Growth		 -4.38% -16.91% 17.58% -2.22% 7.56% -35.28% 21.44% -22.84% 13.82% 3.34% 3.54%
EPS Q/Q Growth		 -6.25% -16.91% 17.58% -2.22% 7.56% -35.28% 32.32% -22.39% 14.63% 2.86% 5.88%
Operating Cash Flow Q/Q Growth		 20.08% -6.75% -34.28% 23.89% -2.43% 2.63% -13.27% 5.80% 11.24% 19.28% -47.34%
Free Cash Flow Firm Q/Q Growth		 15.22% 29.63% -7.03% 10.74% -10.84% 0.94% 20.81% 15.60% 79.34% -4.23% 93.93%
Invested Capital Q/Q Growth		 -18.08% -58.45% 121.75% 17.35% 8.21% -56.94% 19.67% -102.50% -2,403.15% -127.73% 3.72%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 -101.24% -1,663.83% -120.30% -258.14% -211.73% -54.13% -66.07% -42.15% -32.04% -30.75% 9.20%
EBITDA Margin		 -2,677.66% -22,821.81% -3,150.78% -4,988.69% -4,236.67% -2,852.08% -1,740.86% -2,193.04% -1,680.27% -1,327.37% -1,009.62%
Operating Margin		 -2,751.24% -23,614.36% -3,246.17% -5,138.76% -4,382.22% -2,287.09% -1,772.38% -2,431.06% -1,683.38% -1,269.99% -903.15%
EBIT Margin		 -2,741.41% -23,589.36% -3,243.73% -5,138.63% -4,377.41% -2,941.22% -1,793.21% -2,254.92% -1,739.73% -1,391.17% -1,063.45%
Profit (Net Income) Margin		 -2,656.70% -22,698.94% -3,063.94% -4,839.17% -4,103.46% -2,791.19% -1,676.60% -2,156.71% -1,662.04% -1,340.73% -1,035.24%
Tax Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.28% 100.06% 100.07% 100.16%
Interest Burden Percent		 96.91% 96.23% 94.46% 94.17% 93.74% 94.90% 93.50% 95.37% 95.48% 96.30% 97.19%
Effective Tax Rate		 0.00% 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)		 -1,380.03% -7,928.37% -747.25% -733.36% -555.07% -1,020.60% -583.11% -1,418.84% -1,613.06% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)		 -1,377.61% -7,925.36% -744.66% -730.46% -552.17% -1,013.56% -579.26% -1,414.46% -1,607.08% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)		 1,346.42% 7,749.17% 718.53% 693.56% 523.36% 989.01% 553.28% 1,363.28% 1,557.21% 0.00% 0.00%
Return on Equity (ROE)		 -33.62% -179.20% -28.72% -39.80% -31.71% -31.59% -29.82% -55.56% -55.86% -92.90% -113.70%
Cash Return on Invested Capital (CROIC)		 -1,124.16% -1,156.94% -861.89% -639.41% -696.71% -1,548.66% -881.14% 0.00% 0.00% 0.00% 0.00%
Operating Return on Assets (OROA)		 -42.19% -236.62% -35.54% -50.17% -38.72% -41.31% -34.70% -60.21% -63.86% -62.30% -64.72%
Return on Assets (ROA)		 -40.88% -227.69% -33.57% -47.24% -36.30% -39.20% -32.44% -57.59% -61.01% -60.04% -63.00%
Return on Common Equity (ROCE)		 -33.62% -179.20% -28.72% -39.80% -31.71% -31.59% -29.82% -55.56% -55.86% -92.90% -113.70%
Return on Equity Simple (ROE_SIMPLE)		 -37.31% 0.00% -49.45% -54.94% -59.67% 0.00% -75.42% -98.10% -124.62% 0.00% -220.60%
Net Operating Profit after Tax (NOPAT)		 -26 -31 -26 -27 -25 -26 -26 -34 -27 -24 -21
NOPAT Margin		 -1,925.87% -16,530.05% -2,272.32% -3,597.13% -3,067.56% -1,600.96% -1,240.66% -1,701.74% -1,178.36% -888.99% -632.20%
Net Nonoperating Expense Percent (NNEP)		 -2.42% -3.02% -2.59% -2.90% -2.89% -7.04% -3.85% -4.38% -5.98% -7.31% -10.04%
Return On Investment Capital (ROIC_SIMPLE)		 - -9.42% - - - -11.29% -13.19% - - -24.12% -30.94%
Cost of Revenue to Revenue		 201.24% 1,763.83% 220.30% 358.14% 311.73% 154.13% 166.07% 142.15% 132.04% 130.75% 90.80%
SG&A Expenses to Revenue		 589.01% 3,951.06% 682.32% 1,038.09% 1,046.17% 480.51% 399.19% 430.57% 375.82% 286.68% 214.28%
R&D to Revenue		 1,901.24% 17,133.51% 2,217.25% 3,642.66% 2,936.67% 1,626.13% 1,187.09% 1,301.99% 1,205.16% 902.93% 640.41%
Operating Expenses to Revenue		 2,650.00% 21,950.53% 3,125.87% 4,880.62% 4,170.49% 2,232.96% 1,706.31% 2,388.92% 1,651.33% 1,239.24% 912.35%
Earnings before Interest and Taxes (EBIT)		 -38 -44 -37 -38 -35 -47 -38 -45 -39 -38 -36
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -37 -43 -36 -37 -34 -46 -37 -44 -38 -36 -34
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 1.11 0.90 0.87 1.01 0.69 0.74 1.05 0.83 1.37 2.58 5.57
Price to Tangible Book Value (P/TBV)		 1.13 0.91 0.88 1.02 0.70 0.75 1.06 0.84 1.39 2.62 5.69
Price to Revenue (P/Rev)		 59.22 70.80 62.22 79.77 58.97 39.26 39.34 20.36 22.12 28.23 37.09
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 0.00
Dividend Yield		 0.00% 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% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 3.84 0.00 0.00 1.12 0.00 0.00 2.03 0.00 0.00 0.00 0.00
Enterprise Value to Revenue (EV/Rev)		 8.21 0.00 0.00 5.15 0.00 0.00 3.42 0.00 5.22 15.88 29.25
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 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 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 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 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 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.00 0.00 0.00 0.01 0.02 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to Equity		 0.00 0.00 0.00 0.01 0.02 0.00 0.00 0.00 0.00 0.00 0.00
Financial Leverage		 -0.98 -0.98 -0.96 -0.95 -0.95 -0.98 -0.96 -0.96 -0.97 -1.02 -1.01
Leverage Ratio		 1.05 1.06 1.05 1.06 1.07 1.10 1.09 1.13 1.16 1.24 1.27
Compound Leverage Factor		 1.02 1.02 0.99 0.99 1.00 1.04 1.02 1.08 1.11 1.19 1.24
Debt to Total Capital		 0.00% 0.00% 0.00% 1.28% 1.79% 0.00% 0.00% 0.00% 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% 0.00%
Long-Term Debt to Total Capital		 0.00% 0.00% 0.00% 1.28% 1.79% 0.00% 0.00% 0.00% 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% 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% 0.00%
Common Equity to Total Capital		 100.00% 100.00% 100.00% 98.72% 98.21% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Debt to EBITDA		 0.00 0.00 0.00 -0.02 -0.03 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to EBITDA		 0.00 0.00 0.00 1.68 1.52 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to EBITDA		 0.00 0.00 0.00 -0.02 -0.03 0.00 0.00 0.00 0.00 0.00 0.00
Debt to NOPAT		 0.00 0.00 0.00 -0.03 -0.04 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to NOPAT		 0.00 0.00 0.00 2.34 2.11 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to NOPAT		 0.00 0.00 0.00 -0.03 -0.04 0.00 0.00 0.00 0.00 0.00 0.00
Altman Z-Score		 10.92 6.11 7.86 7.91 3.72 1.40 2.03 -1.59 -2.03 -2.71 -3.19
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 22.20 15.35 21.55 18.61 16.48 12.46 11.89 5.28 4.32 3.15 2.88
Quick Ratio		 21.52 14.97 20.99 18.02 15.92 12.04 11.47 4.93 4.03 2.89 2.56
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -37 -26 -28 -25 -27 -27 -21 -18 -3.74 -3.90 -0.24
Operating Cash Flow to CapEx		 -1,199.14% -1,821.88% -2,824.47% -2,462.44% -2,712.37% -1,019.54% -1,878.76% -3,743.90% -4,776.38% -977.46% -6,708.50%
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 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 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 0.00
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.02 0.01 0.01 0.01 0.01 0.01 0.02 0.03 0.04 0.04 0.06
Accounts Receivable Turnover		 2.99 1.60 3.16 5.66 1.39 2.45 3.08 7.64 11.88 9.99 11.78
Inventory Turnover		 2.91 3.37 3.89 4.86 5.25 3.83 4.32 3.93 4.90 5.45 4.11
Fixed Asset Turnover		 1.05 0.56 0.47 0.35 0.28 0.40 0.45 0.56 0.71 0.81 0.83
Accounts Payable Turnover		 1.28 1.77 1.83 2.15 2.40 2.32 3.07 2.31 3.74 2.84 3.36
Days Sales Outstanding (DSO)		 122.07 227.60 115.33 64.53 262.54 148.77 118.52 47.77 30.74 36.54 30.98
Days Inventory Outstanding (DIO)		 125.35 108.33 93.75 75.15 69.57 95.29 84.47 92.90 74.42 66.99 88.87
Days Payable Outstanding (DPO)		 285.32 206.72 199.63 170.03 152.03 157.20 118.98 157.73 97.58 128.55 108.63
Cash Conversion Cycle (CCC)		 -37.89 129.21 9.45 -30.35 180.08 86.87 84.00 -17.06 7.58 -25.02 11.22
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 15 6.11 14 16 17 7.41 8.87 -0.22 -5.56 -13 -12
Invested Capital Turnover		 0.72 0.48 0.33 0.20 0.18 0.64 0.47 0.83 1.37 -3.46 -6.24
Increase / (Decrease) in Invested Capital		 10 -5.25 1.55 -2.05 2.50 1.30 -4.69 -16 -23 -20 -21
Enterprise Value (EV)		 56 -27 -27 18 -59 -52 18 -27 42 144 302
Market Capitalization		 407 297 262 275 170 169 207 133 177 256 383
Book Value per Share		 $1.68 $1.51 $1.37 $1.24 $1.11 $1.02 $0.75 $3.03 $2.41 $1.84 $1.26
Tangible Book Value per Share		 $1.66 $1.50 $1.36 $1.23 $1.09 $1.01 $0.74 $2.99 $2.37 $1.81 $1.23
Total Capital		 366 330 302 277 251 228 198 160 129 99 69
Total Debt		 0.00 0.00 0.00 3.53 4.50 0.00 0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt		 0.00 0.00 0.00 3.53 4.50 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt		 -351 -324 -288 -258 -229 -221 -189 -160 -135 -112 -81
Capital Expenditures (CapEx)		 2.10 1.47 1.28 1.11 1.04 2.68 1.65 0.78 0.54 2.14 0.46
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -1.88 -11 -3.72 -5.06 -5.65 -10 -8.57 -20 -23 -28 -21
Debt-free Net Working Capital (DFNWC)		 349 313 285 256 228 211 181 140 112 84 60
Net Working Capital (NWC)		 349 313 285 256 228 211 181 140 112 84 60
Net Nonoperating Expense (NNE)		 10 12 9.09 9.23 8.39 19 9.19 9.15 11 12 14
Net Nonoperating Obligations (NNO)		 -351 -324 -288 -258 -229 -221 -189 -160 -135 -112 -81
Total Depreciation and Amortization (D&A)		 0.88 1.44 1.07 1.11 1.14 1.44 1.10 1.25 1.34 1.72 1.81
Debt-free, Cash-free Net Working Capital to Revenue		 -27.26% -250.86% -88.56% -146.60% -195.50% -236.71% -162.59% -312.52% -290.26% -307.40% -204.53%
Debt-free Net Working Capital to Revenue		 5,073.97% 7,473.66% 6,773.35% 7,418.13% 7,893.49% 4,889.17% 3,429.29% 2,136.74% 1,399.17% 928.20% 579.86%
Net Working Capital to Revenue		 5,073.97% 7,473.66% 6,773.35% 7,418.13% 7,893.49% 4,889.17% 3,429.29% 2,136.74% 1,399.17% 928.20% 579.86%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 ($0.85) ($4.90) ($0.80) ($0.80) ($0.75) ($4.95) ($0.67) ($0.82) ($0.70) ($0.68) ($0.64)
Adjusted Weighted Average Basic Shares Outstanding		 43.58M 8.69M 43.93M 44.10M 44.57M 9.08M 52.74M 53.00M 53.70M 53.36M 54.75M
Adjusted Diluted Earnings per Share		 ($0.85) ($4.90) ($0.80) ($0.80) ($0.75) ($4.95) ($0.67) ($0.82) ($0.70) ($0.68) ($0.64)
Adjusted Weighted Average Diluted Shares Outstanding		 43.58M 8.69M 43.93M 44.10M 44.57M 9.08M 52.74M 53.00M 53.70M 53.36M 54.75M
Adjusted Basic & Diluted Earnings per Share		 $0.00 ($4.90) $0.00 $0.00 $0.00 ($4.95) $0.00 $0.00 $0.00 ($0.68) $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 43.65M 43.95M 44.07M 44.55M 44.69M 52.77M 52.85M 53.65M 53.88M 54.71M 55.02M
Normalized Net Operating Profit after Tax (NOPAT)		 -26 -31 -26 -27 -25 -26 -26 -26 -27 -24 -21
Normalized NOPAT Margin		 -1,925.87% -16,530.05% -2,272.32% -3,597.13% -3,067.56% -1,600.96% -1,240.66% -1,301.65% -1,178.36% -888.99% -632.20%
Pre Tax Income Margin		 -2,656.70% -22,698.94% -3,063.94% -4,839.17% -4,103.46% -2,791.19% -1,676.60% -2,150.60% -1,661.07% -1,339.76% -1,033.55%
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 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 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 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 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% 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% 0.00%

Key Financial Trends

Key takeaways from Aeva’s Q1 2025 results:

  • Revenue surged 59.8% year-over-year to $3.37 M, with 24.9% sequential growth.
  • Gross margin turned positive at 9.2%, compared with negative margins in prior periods.
  • R&D spend dropped to 6.4% of revenue, down sharply from over 17% a year ago.
  • SG&A expenses were just 2.1% of revenue, highlighting improved operating leverage.
  • Company remains debt-free with a net cash position of $80.99 M, bolstering liquidity.
  • Free cash flow to the firm was slightly negative at $0.24 M, roughly flat versus Q1 2024.
  • Enterprise value to revenue stands at 29.3×, reflecting investor expectations for growth.
  • Net loss of $34.9 M persisted, underscoring ongoing path to profitability challenge.
  • Operating cash burn remained high at $30.8 M for the quarter.
  • Altman Z-Score of –3.19 indicates elevated financial distress risk.
06/24/25 01:44 AMAI Generated. May Contain Errors.

Frequently Asked Questions About Aeva Technologies' Financials

When does Aeva Technologies' 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 5 years?

Aeva Technologies' net income appears to be on an upward trend, with a most recent value of -$152.26 million in 2024, rising from -$19.59 million in 2019. The previous period was -$149.33 million in 2023. See Aeva Technologies' forecast for analyst expectations on what’s next for the company.

What is Aeva Technologies' operating income?
Aeva Technologies' 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 5 years?

Over the last 5 years, Aeva Technologies' total revenue changed from $1.38 million in 2019 to $9.07 million in 2024, a change of 555.0%.

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 58,741.4% increase since 2019.

How much cash does Aeva Technologies have?

In the past 5 years, Aeva Technologies' cash and equivalents has ranged from $0.00 in 2019 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 5 years?

Over the last 5 years, Aeva Technologies' book value per share changed from 0.00 in 2019 to 1.84 in 2024, a change of 921,850.0%.


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This page (NASDAQ:AEVA) was last updated on 6/24/2025 by MarketBeat.com Staff
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