Aeva Technologies, Inc.
For the period ended Sep 30, 2025. Filed Nov 7, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 7, 2025
AEVA$12.27-0.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Operations
CONDENSED CONSOLIDATED STAT EMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)
(IN THOUSANDS, EXCEPT SHARE AND PER SHARE DATA)
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Revenue | $3,579 | $2,250 | $12,458 | $6,369 |
| Cost of revenue | 3,149 | 2,971 | 14,438 | 9,330 |
| Gross profit (loss) | 430 | (721) | (1,980) | (2,961) |
| Operating expenses: | ||||
| Research and development expenses | 22,164 | 27,116 | 66,574 | 78,324 |
| General and administrative expenses | 9,624 | 8,456 | 24,810 | 25,530 |
| Selling and marketing expenses | 1,803 | 1,583 | 5,138 | 5,818 |
| Litigation settlement, net | — | — | — | 11,500 |
| Total operating expenses | 33,591 | 37,155 | 96,522 | 121,172 |
| Operating loss | (33,161) | (37,876) | (98,502) | (124,133) |
| Interest income | 385 | 1,770 | 2,011 | 6,327 |
| Change in fair value of warrant liability | 68,524 | (1,263) | (25,354) | 1,817 |
| Fair value gain on settlement of share subscription liability | 71,647 | — | 1,651 | — |
| Other income (expense), net | 166 | (5) | 273 | 19 |
| Income (loss) before income taxes | 107,561 | (37,374) | (119,921) | (115,970) |
| Income tax provision | 66 | 22 | 193 | 145 |
| Net income (loss) | $107,495 | $(37,396) | $(120,114) | $(116,115) |
| Unrealized gain (loss) on available-for-sale securities | 5 | 352 | (52) | 203 |
| Total comprehensive income (loss) | $107,500 | $(37,044) | $(120,166) | $(115,912) |
| Net income (loss) per share | ||||
| Basic | $1.86 | $(0.70) | $(2.15) | $(2.18) |
| Diluted | $(0.52) | $(0.70) | $(2.15) | $(2.18) |
| Weighted-average shares used in computing net income (loss) per share | ||||
| Basic | 57,883,326 | 53,704,039 | 55,942,977 | 53,149,318 |
| Diluted | 61,087,059 | 53,704,039 | 55,942,977 | 53,149,318 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.