AEVA TECHNOLOGIES, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $18.1M | $9.1M | $4.3M | $4.2M | $9.3M | $4.8M | $1.4M |
| Cost of Revenue | $18.7M | $12.9M | $10.2M | $8.4M | $5.8M | $2.7M | $815.0K |
| Gross Profit | $-660.0K | $-3.8M | $-5.9M | $-4.3M | $3.4M | $2.1M | $569.0K |
| Gross Margin | -3.7% | -41.8% | -136.5% | -101.5% | 37.0% | 43.4% | 41.1% |
| Operating Expenses | |||||||
| Research & Development | $85.4M | $102.7M | $102.5M | $109.6M | $74.8M | $20.5M | $15.4M |
| SG&A Expense | $34.8M | $33.3M | $31.8M | $31.1M | $28.4M | $5.7M | $4.3M |
| Operating Income | $-127.6M | $-158.4M | $-147.8M | $-152.0M | $-104.2M | $-25.7M | $-20.1M |
| Operating Margin | -705.8% | -1,747.1% | -3,427.4% | -3,624.9% | -1,124.5% | -531.5% | -1,451.8% |
| Interest Expense | — | — | — | — | — | — | — |
| Pretax Income | $-145.1M | $-152.1M | $-149.3M | $-147.3M | $-101.9M | $-25.6M | $-19.6M |
| Income Tax Expense | $308.0K | $171.0K | $0 | $0 | $0 | $0 | $0 |
| Net Income | $-145.4M | $-152.3M | $-149.3M | $-147.3M | $-101.9M | $-25.6M | $-19.6M |
| Net Margin | -804.4% | -1,679.7% | -3,463.2% | -3,514.0% | -1,099.6% | -528.0% | -1,415.8% |
| EPS (Basic) | $-2.55 | $-2.85 | $-3.29 | $-3.39 | $-0.51 | $-0.18 | $-0.17 |
| EPS (Diluted) | $-2.55 | $-2.85 | $-3.29 | $-3.39 | $-0.51 | $-0.18 | $-0.17 |
| Shares Outstanding (Basic) | 57.0M | 53.4M | 45.4M | 43.5M | 200.8M | 141.7M | 115.0M |
| Shares Outstanding (Diluted) | 57.0M | 53.4M | 45.4M | 43.5M | 200.8M | 141.7M | 115.0M |
| Dividends Per Share | — | — | — | — | — | — | — |