Aeva Q2 revenue record $5.5M, non-GAAP loss narrows; LG Innotek, Bendix collaborations announced

Aeva Technologies, Inc.

2025-Q2 EPS reported -$4.14 revenue$8,879,000

Q2 revenue $5.5M (record, +175% YoY); GAAP op loss $34.9M vs $48.9M; non-GAAP op loss $25.1M vs $32.0M.
GAAP net loss per share $3.49 (including $102.1M warrant liability mark-to-market); non-GAAP EPS -$0.44 vs -$0.57.
Cash $49.8M plus $125M equity facility; LG Innotek $77.5M subscription liability converting to equity upon closing.
LG Innotek to manufacture Atlas Ultra for top 10 passenger OEM; Bendix to bring 4D LiDAR to L2+ collision mitigation.
Board appointed Daniel Gibson to nominating and corporate governance committee effective July 25, 2025.

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