Makes FMCW lidar sensors that measure both distance and velocity for autonomous vehicles and industrial uses.
Makes FMCW lidar sensors that measure both distance and velocity for autonomous vehicles and industrial uses.
Earns so far from engineering contracts and early sensor shipments, since lidar revenue at volume only starts once a carmaker designs a sensor into a vehicle program years before launch. Cars and trucks are the target, but industrial buyers in robotics and measurement provide earlier sales.
Moat: narrow (IP / patents). Frequency-modulated continuous-wave lidar gives instant velocity data that time-of-flight lidar rivals lack.
Headquarters: Mountain View, California, US · Founded: 2017 · Employees: 239
Size Aeva Technologies (AEVA) is a United States Information Technology company (Semiconductors) with a market value of $767M, the 2424th largest of 3,117 United States companies the cockpit tracks. Shares closed at $11.00 on 6 Nov 2026.
Performance Over six months the shares fell 33.6%, against -25.6% for the median peer and -1.1% for the United States market (cap-weighted) — 6th lowest of 19 in its peer set.
Growth Revenue grew 56.2% over the last twelve months (peer median +21.0%); the operating margin is -611.0% (peer median -3.0%).
Valuation It trades at 33.4× enterprise value to sales against a peer median of 4.1× (most expensive of 21).
Backlog Backlog (remaining performance obligations) was $26.1M at 30 Sep 2026, down 38% on a year earlier — 1.1 years of trailing revenue. Backlog detail →
Short interest Short interest is 14.1% of the free float (15 Oct 2026).
Next results Next results expected around 24 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $21.6M | $18.1M | $9.06M | $4.31M | $4.19M |
| Revenue growth | — | +99% | +110% | +3% | — |
| Gross profit | $5.68M | -$660,000 | -$3.79M | -$5.89M | -$4.25M |
| EBITDA | -$124M | -$119M | -$138M | -$140M | -$146M |
| Net income | -$32.4M | -$145M | -$152M | -$149M | -$147M |
| Free cash flow | -$117M | -$120M | -$112M | -$125M | -$117M |
| Capital expenditure | $5.19M | $4.61M | $5.11M | $6.10M | $7.44M |
| Total debt | $102M | $102M | $3.76M | $7.35M | $7.46M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Aeva Technologies AEVA | $767M | -34% | +56% | -611% | 33.4× | n/a |
| OUST OUST | $2.54B | +38% | +64% | -29% | 9.5× | n/a |
| Innoviz Technologies INVZ | n/a | -43% | n/a | n/a | n/a | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | AEVA | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -19.6% | -9.8% | 6th lowest of 21 |
| 6-month return | -33.6% | -25.6% | 6th lowest of 19 |
| Distance from 52-week high | -64.9% | -49.6% | 4th lowest of 21 |
| Revenue growth (TTM) | +56.2% | +21.0% | 2nd highest of 21 |
| Operating margin | -611.0% | -3.0% | lowest of 21 |
| EV / Sales | 33.4× | 4.1× | most expensive of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Aeva Technologies AEVA | United States | $767M | -34% | +56% | -611% | 33.4× | n/a | n/a |
| Tech Semiconductors 300046.SZ | China | $766M | -33% | +27% | 8% | 9.2× | 45.7% | -1.6% |
| CEVA CEVA | United States | $763M | -27% | +9% | -10% | 4.8× | n/a | n/a |
| Myson Century 5314.TWO | Taiwan | $759M | -39% | +235% | 19% | 5.9× | 9.2% | +172.5% |
| Canadian Solar CSIQ | United States | $755M | -45% | -16% | -2% | 1.7× | n/a | n/a |
| SENASIC Electronics Technology 6675.HK | Hong Kong | $779M | n/a | +45% | -11% | 8.4× | n/a | n/a |
| Shenzhen Topray Solar 002218.SZ | China | $779M | -32% | -8% | -17% | 6.7× | 35.9% | -5.6% |
| PixArt Imaging 3227.TWO | Taiwan | $781M | -20% | +5% | 18% | 2.7× | 0.0% | +2.3% |
| Infotmic 000670.SZ | China | $782M | -18% | +38% | 2% | 1.1× | n/a | n/a |
| Crealights Technology 1191.HK | Hong Kong | $790M | n/a | +42% | -7% | 4.2× | n/a | n/a |
| Zhejiang MTCN Technology 003026.SZ | China | $742M | -24% | +29% | 17% | 9.5× | 30.7% | +9.5% |
| Henan Ancai Hi-Tech 600207.SS | China | $797M | -13% | -41% | -39% | 4.0× | n/a | n/a |
| Wuxi ETEK Microelectronics 688601.SS | China | $799M | -25% | +15% | -5% | 5.7× | n/a | n/a |
| Changzhou Shichuang Energy 688429.SS | China | $733M | -13% | +30% | -38% | 5.7× | n/a | n/a |
| Yuneng Technology 688348.SS | China | $729M | -39% | -40% | -58% | 5.6× | n/a | n/a |
| Everlight Electronics 2393.TW | Taiwan | $807M | -17% | -3% | 10% | 0.8× | -11.7% | -1.9% |
| SFA Semicon 036540.KS | South Korea | $728M | -27% | +37% | -4% | 2.2× | n/a | n/a |
| Hangzhou Star Shuaier Electric Appliance 002860.SZ | China | $810M | +16% | -14% | 7% | 2.5× | 19.8% | +18.4% |
| Changzhou Galaxy Century Microelectronics 688689.SS | China | $723M | -9% | +29% | 11% | 3.1× | n/a | n/a |
| Alpha and Omega Semiconductor L AOSL | United States | $716M | -38% | -2% | -6% | 0.8× | n/a | n/a |
| Hd Hyundai Energy Solutions 322000.KS | South Korea | $714M | -63% | +39% | 16% | 1.5× | 3.2% | +4.5% |
Aeva Technologies reported $26.1M of remaining performance obligations at 30 Sep 2026, down 38% from a year earlier and down 9% from the previous quarter. That is 1.1 years of trailing revenue already under contract. Book-to-bill last quarter: 0.61.