Is the business good?
How good a business is AEVA?
Aeva Technologies, Inc. keeps −631% of every revenue dollar as operating profit, against 6.1% for the median Software - Infrastructure name.
−631%
Operating margin · Software - Infrastructure median 6.1% · 12 months to Q1 2026
- Share count, year on year
- +15%
Share count, year on year · shareholders own a smaller slice than a year ago
- R&D as % of revenue
- 413%
R&D as % of revenue
- Gross margin
- 4.6%
Gross margin
| Year | Operating margin |
|---|---|
| FY2020 | −532% |
| FY2021 | −1125% |
| FY2022 | −3625% |
| FY2023 | −3427% |
| FY2024 | −1747% |
| FY2025 | −706% |
Details›
- Gross margin12 months to Q1 2026
- 4.6%
- Operating margin12 months to Q1 2026
- −631%
- Net margin12 months to Q1 2026
- −694%
- Free cash flow margin
- −556%
- R&D as % of revenue
- 413%
- Revenue, trailing twelve months
- $21M
- Free cash flow, trailing twelve months
- −$117M
- Net income, trailing twelve months
- −$146M
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Software - Infrastructure
Ranks #59 of 78 by Smart Score