📊 AEVAW Key Takeaways
Is Aeva Technologies, Inc. (AEVAW) a Good Investment?
Aeva Technologies exhibits severe fundamental deterioration with negative profitability across all metrics, burning cash at an unsustainable rate of $96M annually in free cash flow despite strong revenue growth. The company's negative gross margin indicates the core business model is fundamentally unprofitable at present volumes, and operating losses exceeding $98M annually consume the majority of available cash reserves.
Aeva is delivering strong top-line growth, but the quality of that growth is weak because gross profit remains negative and operating losses are massively larger than revenue. The balance sheet is currently supported by cash and no long-term debt, but the current cash burn appears unsustainable relative to cash on hand, implying significant financing risk unless margins and operating efficiency improve quickly.
Aeva Technologies, Inc. Key Strengths (AEVAW)
- Revenue growth of 110.2% YoY demonstrates strong market traction and demand for products
- Substantial cash position of $45.7M provides runway for operations and R&D investments
- Strong liquidity ratios (current ratio 3.18x) ensure no immediate insolvency risk
- Revenue grew 110.2% year over year, showing increasing commercial traction
- Liquidity is still solid with a 3.18x current ratio, 2.95x quick ratio, and $45.69M in cash
- No meaningful long-term debt reduces near-term balance sheet leverage risk
AEVAW Stock Risks: Aeva Technologies, Inc. Investment Risks
- Negative gross margin of -15.9% indicates products are sold at losses, representing a critical business model failure
- Operating cash burn of $92.9M and free cash flow deficit of $96M means cash reserves will deplete within 5-6 quarters at current burn rate
- Profitability severely underwater with net margin of -964.2% and ROE of -361.6%, with no clear path to breakeven
- Operating losses of $98.5M on only $12.5M revenue suggests massive cost structure relative to scale
- Negative gross margin indicates the core business is not yet producing profitable unit economics
- Operating cash outflow of $92.93M and free cash flow of -$96.03M suggest limited cash runway
- Extremely weak profitability metrics, including -790.7% operating margin and -361.6% ROE, point to severe execution and scaling risk
Key Metrics to Watch
- Gross margin trajectory toward profitability
- Cash burn rate and remaining cash runway
- Path to operating breakeven and cost structure optimization
- Revenue growth sustainability and customer retention
- Gross margin trend and whether revenue growth converts into positive gross profit
- Quarterly operating cash burn relative to cash and equivalents
Aeva Technologies, Inc. (AEVAW) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Strong liquidity with a 3.18x current ratio provides a solid financial cushion.
AEVAW Profit Margin, ROE & Profitability Analysis
AEVAW vs Automotive Sector: How Aeva Technologies, Inc. Compares
How Aeva Technologies, Inc. compares to Automotive sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Aeva Technologies, Inc. Stock Overvalued? AEVAW Valuation Analysis 2026
Based on fundamental analysis, Aeva Technologies, Inc. has mixed fundamental signals relative to the Automotive sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Aeva Technologies, Inc. Balance Sheet: AEVAW Debt, Cash & Liquidity
AEVAW Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Aeva Technologies, Inc.'s revenue has grown significantly by 95% over the 5-year period, indicating strong business expansion. The most recent EPS of $-3.29 indicates the company is currently unprofitable.
AEVAW Revenue Growth, EPS Growth & YoY Performance
AEVAW Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $3.4M | -$34.9M | $-0.56 |
| Q3 2025 | $2.3M | -$34.9M | $-0.52 |
| Q2 2025 | $2.0M | -$34.9M | $-0.82 |
| Q1 2025 | $2.1M | -$34.9M | $-0.64 |
| Q3 2024 | $810.0K | -$33.2M | $-0.70 |
| Q2 2024 | $743.0K | -$35.2M | $-0.82 |
| Q1 2024 | $1.1M | -$35.2M | $-0.67 |
| Q3 2023 | $810.0K | -$33.2M | $-0.15 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Aeva Technologies, Inc. Dividends, Buybacks & Capital Allocation
AEVAW SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Aeva Technologies, Inc. (CIK: 0001789029)
📋 Recent SEC Filings
❓ Frequently Asked Questions about AEVAW
What is the AI rating for AEVAW?
Aeva Technologies, Inc. (AEVAW) has a Combined AI Grade of D from Claude (D) and ChatGPT (D) with 92% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are AEVAW's key strengths?
Claude: Revenue growth of 110.2% YoY demonstrates strong market traction and demand for products. Substantial cash position of $45.7M provides runway for operations and R&D investments. ChatGPT: Revenue grew 110.2% year over year, showing increasing commercial traction. Liquidity is still solid with a 3.18x current ratio, 2.95x quick ratio, and $45.69M in cash.
What are the risks of investing in AEVAW?
Claude: Negative gross margin of -15.9% indicates products are sold at losses, representing a critical business model failure. Operating cash burn of $92.9M and free cash flow deficit of $96M means cash reserves will deplete within 5-6 quarters at current burn rate. ChatGPT: Negative gross margin indicates the core business is not yet producing profitable unit economics. Operating cash outflow of $92.93M and free cash flow of -$96.03M suggest limited cash runway.
What is AEVAW's revenue and growth?
Aeva Technologies, Inc. reported revenue of $12.5M.
Does AEVAW pay dividends?
Aeva Technologies, Inc. does not currently pay dividends.
Where can I find AEVAW SEC filings?
Official SEC filings for Aeva Technologies, Inc. (CIK: 0001789029) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is AEVAW's EPS?
Aeva Technologies, Inc. has a diluted EPS of $-2.15.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.
What is AEVAW's fundamental grade?
Based on our AI fundamental analysis in June 2026, Aeva Technologies, Inc. has a D grade with 92% confidence. Review the strengths and risks sections above for full context. This is not investment advice.
Is AEVAW stock overvalued or undervalued?
Valuation metrics for AEVAW: ROE of -361.6% (sector avg: 12%), net margin of -964.2% (sector avg: 6%). Compare these metrics with sector averages to assess valuation.
What is AEVAW's AI grade for 2026?
Our dual AI analysis gives Aeva Technologies, Inc. a combined D grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is AEVAW's free cash flow?
Aeva Technologies, Inc.'s operating cash flow is $-92.9M, with capital expenditures of $3.1M. FCF margin is -770.8%.
How does AEVAW compare to other Automotive stocks?
Vs Automotive sector averages: Net margin -964.2% (avg: 6%), ROE -361.6% (avg: 12%), current ratio 3.18 (avg: 1.2).