Filing Flows › Aeva Technologies (AEVA) › Q3 2026
Aeva Technologies (AEVA) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 6, 2026
Aeva Technologies (AEVA) reported revenue of $6.7M for the third quarter 2026 (Q3 2026), +86% from a year earlier and +9% from the quarter before. Operating margin was -586.5%, net earnings $4.4M (66.7% of revenue).
Aeva Technologies, Q3 2026: revenue $6.7M (+86% year over year), operating margin -586.5%, net earnings $4.4M, operating cash flow −$30.4M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.7M | +9% | +86% |
| Operating profit | −$39.1M | — | — |
| Net earnings | $4.4M | — | -96% |
| Operating cash flow | −$30.4M | — | — |
What changed
Revenue was $6.7M in Q3 2026, up 86% year over year and up 9% from the previous quarter. Product was the largest line at 53% of revenue. Product added $1.8M year over year (up 107%), 58% of the total change.
Gross margin was 33.6%, up 21.6 points from Q3 2025. Operating costs exceeded revenue by $39.1M, an operating margin of -586.5%. Operating expenses grew 23% against revenue growth of 86%. The fastest-growing cost line was Research & development (+30%). Net earnings were $4.4M, down 96% year over year. The effective tax rate was 2.0%. Non-operating items added $43.6M, 962% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$30.4M. Non-cash charges added back $1.4M of depreciation and amortization and $11.4M of share-based compensation. Working capital and other items used $47.6M. Capital expenditures of $232K exceeded it, leaving free cash flow of −$30.6M.
Questions
What was Aeva Technologies' revenue in the third quarter 2026?
Aeva Technologies (AEVA) reported revenue of $6.7M for the third quarter 2026 (Q3 2026), +86% from a year earlier and +9% from the quarter before.
Was Aeva Technologies profitable in the third quarter 2026?
Operating loss was $39.1M (-586.5% of revenue) and net earnings $4.4M.
Source: Aeva Technologies 10-Q on SEC EDGAR.