Aeva Technologies, Inc. (AEVA) Revenue History
Annual and quarterly revenue from 2018 to 2025
Compound Annual Growth Rate (CAGR)
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AEVA Revenue Growth
Revenue Breakdown (FY 2021)
AEVA's revenue distribution by segment and geography for fiscal year 2021
By Product/Segment
By Geography
AEVA Revenue Analysis (2018–2025)
As of May 8, 2026, Aeva Technologies, Inc. (AEVA) generated trailing twelve-month (TTM) revenue of $21.0 million, reflecting explosive growth of +85.9% year-over-year. The most recent quarter (Q1 2026) recorded $6.3 million in revenue, up 11.4% sequentially.
Looking at the longer-term picture, AEVA's 5-year compound annual growth rate (CAGR) stands at +30.1%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $18.1 million in 2025, representing a new all-time high.
Revenue diversification analysis shows AEVA's business is primarily driven by Service (81%), and Product (19%). With over half of revenue concentrated in Service, the company maintains significant focus in this area while developing other growth vectors.
When compared to Consumer Cyclical sector peers including LAZR (+1.0% YoY), OUST (+57.3% YoY), and INVZ (+127.0% YoY), AEVA has underperformed the peer group in terms of revenue growth. Compare AEVA vs LAZR →
AEVA Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| AEVACurrent | $21M | +85.9% | +30.1% | -705.8% | |
 LAZR | $75M | +1.0% | +43.0% | -577.0% | |
 OUST | $169M | +57.3% | +55.0% | -43.7% | |
 INVZ | $55M | +127.0% | - | -123.0% | |
 LIDR | $233,000 | +15.3% | -31.8% | -13618.5% | |
 MVIS | $1M | -74.3% | -17.1% | -5743.8% |
AEVA Historical Revenue Data (2018–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $18.1M | +99.4% | $-660,000 | -3.7% | $-127,597,000 | -705.8% |
| 2024 | $9.1M | +110.2% | $-3,790,000 | -41.8% | $-158,372,000 | -1747.1% |
| 2023 | $4.3M | +2.9% | $-5,886,000 | -136.5% | $-147,788,000 | -3427.4% |
| 2022 | $4.2M | -54.8% | $-4,255,000 | -101.5% | $-151,955,000 | -3624.9% |
| 2021 | $9.3M | +91.3% | $3.4M | 37.0% | $-104,186,000 | -1124.5% |
| 2020 | $4.8M | +249.9% | $2.1M | 43.4% | $-25,741,000 | -531.5% |
| 2019 | $1.4M | +925.2% | $569K | 41.1% | $-20,093,000 | -1451.8% |
| 2018 | $135K | - | $78K | 57.8% | $-11,402,000 | -8445.9% |
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Start ComparisonAEVA — Frequently Asked Questions
Quick answers to the most common questions about buying AEVA stock.
Is AEVA's revenue growth accelerating or slowing?
AEVA revenue is accelerating at +85.9% year-over-year, exceeding the 5-year CAGR of +30.1%. TTM revenue reached $21M. Growth momentum has increased versus prior periods.
What is AEVA's long-term revenue growth rate?
Aeva Technologies, Inc.'s 5-year revenue CAGR of +30.1% reflects the sustained expansion pattern. Current YoY growth of +85.9% is above this long-term average.
How is AEVA's revenue distributed by segment?
AEVA reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2018-2025 are available for download. Segment mix reveals concentration and diversification trends.