7 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 30.1% per year over the past 5 years.
Operating margin has contracted, at -705.8% in the latest year.
Financial health
The company is unprofitable and has less than a year of cash runway at its current free-cash-flow burn.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$18M
-$145M
-3.7%
-705.8%
-$120M
—
$72M
2024
$9M
-$152M
-41.8%
-1747.1%
-$112M
—
$29M
2023
$4M
-$149M
-136.5%
-3427.4%
-$125M
—
$39M
2022
$4M
-$147M
-101.5%
-3624.9%
-$117M
—
$67M
2021
$9M
-$102M
37.0%
-1124.5%
-$86M
—
$67M
2020
$5M
-$26M
43.4%
-531.5%
-$22M
—
$25M
2019
$1M
-$20M
41.1%
-1451.8%
-$17M
—
$47M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$6M
-$35M
31.0%
-561.1%
-$28M
—
$31M
Dec '25
$6M
-$25M
23.5%
-517.6%
-$24M
—
$72M
Sep '25
$4M
$107M
12.0%
-926.5%
-$34M
—
$46M
Jun '25
$6M
-$193M
-49.4%
-633.7%
-$31M
—
$22M
Mar '25
$3M
-$35M
9.2%
-903.1%
-$31M
—
$21M
Dec '24
$3M
-$36M
-30.7%
-1270.0%
-$23M
—
$29M
Sep '24
$2M
-$37M
-32.0%
-1683.4%
-$26M
—
$30M
Jun '24
$2M
-$43M
-42.1%
-2431.1%
-$30M
—
$24M
Mar '24
$2M
-$35M
-66.1%
-1772.4%
-$33M
—
$30M
Dec '23
$2M
-$45M
-54.1%
-2287.1%
-$30M
—
$39M
Sep '23
$810000
-$33M
-211.7%
-4382.2%
-$29M
—
$41M
Jun '23
$743000
-$36M
-258.1%
-5138.8%
-$29M
—
$35M
Mar '23
$1M
-$35M
-120.3%
-3246.2%
-$37M
—
$32M
Dec '22
$188000
-$43M
-1663.8%
-23614.4%
-$28M
—
$67M
Sep '22
$1M
-$37M
-101.2%
-2751.2%
-$27M
—
$118M
Jun '22
$1M
-$35M
33.6%
-2390.2%
-$34M
—
$83M
Mar '22
$1M
-$33M
-20.9%
-2996.7%
-$28M
—
$62M
Dec '21
$3M
-$32M
32.8%
-1111.6%
-$27M
—
$67M
Sep '21
$3M
-$27M
33.9%
-786.3%
-$24M
—
$107M
Jun '21
$3M
-$24M
45.3%
-951.0%
-$20M
—
$157M
Valuation over time
How the market has priced AEVA against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-sales ratio has risen from 17.9× (Mar '23) to 70.3× (Jun '26).
Price / sales (P/S)
P/S
Frequently asked questions
Is AEVA growing its revenue and profit?
Over the past 5 years, Aeva Technologies, Inc.'s revenue has grown 30.1% per year. These are computed facts, not advice.
How much debt does AEVA have?
As of FY2025, Aeva Technologies, Inc. reported — of total debt against $72M of cash.
What is AEVA's profit margin?
In FY2025, gross margin was -3.7%, operating margin -705.8%, and net margin -802.0%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.