Aeva Technologies 2025 Q1 Earnings Narrowed Net Loss Amid Revenue Growth

Aeva Technologies (AEVA) reported its fiscal 2025 Q1 earnings on May 15th, 2025. The total revenue of Aeva Technologies increased by 59.8% to $3.37 million in 2025 Q1, up from $2.11 million in 2024 Q1. Aeva Technologies narrowed losses to $0.64 per share in 2025 Q1 from a loss of $0.67 per share in 2024 Q1 (4.5% improvement). Meanwhile, the company successfully narrowed its net loss to $-34.87 million in 2025 Q1, reducing losses by 1.3% compared to the $-35.33 million net loss reported in 2024 Q1. The company has sustained losses for six years over the corresponding fiscal quarter, highlighting ongoing financial headwinds. These results surpassed market expectations due to strategic initiatives and partnerships. Aeva’s guidance suggests continued momentum as it capitalizes on new commercial opportunities, enhancing market penetration across various sectors.

Revenue

The total revenue of Aeva Technologies increased by 59.8% to $3.37 million in 2025 Q1, up from $2.11 million in 2024 Q1.

Earnings/Net Income

Aeva Technologies narrowed losses to $0.64 per share in 2025 Q1 from a loss of $0.67 per share in 2024 Q1 (4.5% improvement). Meanwhile, the company successfully narrowed its net loss to $-34.87 million in 2025 Q1, reducing losses by 1.3% compared to the $-35.33 million net loss reported in 2024 Q1. The Company has sustained losses for six years over the corresponding fiscal quarter, highlighting ongoing financial headwinds. Despite ongoing losses, the improvement in EPS signifies positive progress.

Price Action

The stock price of Aeva Technologies has surged 21.64% during the latest trading day, has surged 67.12% during the most recent full trading week, and has surged 137.19% month-to-date.

Post-Earnings Price Action Review

The strategy of buying AEVA when revenue misses and holding for 30 days has demonstrated favorable outcomes, supported by positive analyst sentiment, substantial institutional interest, and technical strength. Despite revenue misses, the stock's momentum remains positive, with institutions like Jane Street Group LLC and Sylebra Capital LLC showing confidence through significant investments. Furthermore, analysts such as Oppenheimer and Morgan Stanley have raised their price targets, indicating potential upside. AEVA's strong liquidity, evidenced by a current ratio of 3.15, supports favorable holding periods. The company's market performance, delivering a 192% return over the past year, justifies the 30-day holding strategy. This approach leverages the stock's potential for rebound, underscoring investor confidence in AEVA's long-term prospects.

CEO Commentary

"We believe Aeva is at an inflection point, as we progress further on major automotive programs and secure additional commercial wins with leading customers in new and large markets," said Soroush Salehian, Co-founder and CEO at Aeva. He emphasized that the company’s core FMCW LiDAR-on-chip perception platform is enabling these advancements and that the strategic collaboration with a Global Fortune 500 company’s technology subsidiary will further accelerate the adoption of Aeva’s technology across automotive and new consumer and industrial markets, positioning the company strongly for future growth.

Guidance

Aeva anticipates significant momentum as it progresses through its automotive development programs and capitalizes on new commercial opportunities. The company expects to leverage its strategic collaboration and investment agreement to enhance market penetration and drive the adoption of its technology in various sectors, including consumer, industrial, and automotive applications. Aeva is positioned to execute effectively on its mission to expand its footprint in these broad and evolving markets.

Additional News

In recent developments, Aeva Technologies has introduced the Aeva Eve 1D, a high-precision sensor for industrial automation, marking a significant expansion into new markets. The company has signed strategic customers for Eve 1D, including SICK AG and LMI Technologies, with initial orders exceeding 1,000 sensors. Furthermore, Aeva achieved its first milestone in its development program with a global top 10 passenger OEM and has entered into a strategic collaboration with a Global Fortune 500 company’s technology subsidiary, agreeing on an investment of up to $50 million. This partnership aims to expand Aeva’s market reach in consumer, industrial, and automotive applications. Additionally, Aeva has been selected by Sensys Gatso Australia and Inyo Mobility as the exclusive LiDAR supplier for their new product innovations, further solidifying its position in intelligent transportation systems and mobility sectors.