Filing Flows › Aeva Technologies (AEVA) › Q1 2025
Aeva Technologies (AEVA) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 15, 2025
Aeva Technologies (AEVA) reported revenue of $3.4M for the first quarter 2025 (Q1 2025), +60% from a year earlier and +25% from the quarter before. Operating margin was -903.1%.
Aeva Technologies, Q1 2025: revenue $3.4M (+60% year over year), operating margin -903.1%, net loss $34.9M, operating cash flow −$30.8M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.4M | +25% | +60% |
| Operating profit | −$30.4M | — | — |
| Net earnings | −$34.9M | — | — |
| Operating cash flow | −$30.8M | — | — |
What changed
Revenue was $3.4M in Q1 2025, up 60% year over year and up 25% from the previous quarter.
Gross margin was 9.2%. Operating costs exceeded revenue by $30.4M, an operating margin of -903.1%. The quarter ended with a net loss of $34.9M, narrower than the previous quarter's $36.1M loss.
Operating cash flow was −$30.8M. Non-cash charges added back $1.4M of depreciation and amortization and $4.6M of share-based compensation. Working capital and other items used $1.9M. Capital expenditures of $459K exceeded it, leaving free cash flow of −$31.3M.
Questions
What was Aeva Technologies' revenue in the first quarter 2025?
Aeva Technologies (AEVA) reported revenue of $3.4M for the first quarter 2025 (Q1 2025), +60% from a year earlier and +25% from the quarter before.
Was Aeva Technologies profitable in the first quarter 2025?
Operating loss was $30.4M (-903.1% of revenue) and net loss $34.9M.
Source: Aeva Technologies 10-Q on SEC EDGAR.