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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Aeva Technologies
Aeva Technologies (AEVA) investor relations material
Aeva Technologies Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary5 Aug, 2026
Executive summary
Achieved strong Q2 2026 revenue growth to $6.1M, driven by robust professional services and sensor shipments, despite a decline in product revenue due to lower average selling prices.
Entered the optical connectivity market for AI data centers, signing a major hyperscaler customer with deployment targeted for 2027-2028.
Expanded automotive presence with Bendix for next-gen ADAS and advanced programs with Daimler Truck, a top-10 European OEM, and NVIDIA.
Achieved first industrial commercialization with SICK, launching an Aeva-powered sensor and receiving Supplier of the Year Award.
Strengthened balance sheet with a $115M equity offering, ending Q2 with $302.9M in liquidity.
Financial highlights
Q2 2026 revenue was $6.1M, up 11% year-over-year, with professional services up 174% and product revenue down 39%.
Non-GAAP operating loss was $26M, excluding $8.5M in stock-based compensation; GAAP operating loss was $34.6M.
Gross cash use was $31.4M in Q2 2026.
Available liquidity totaled $302.9M, including $177.9M in cash and a $125M undrawn facility.
Net loss for Q2 2026 was $79.6M, improved from $192.7M in Q2 2025.
Outlook and guidance
Initial deployment of optical connectivity solution for a hyperscaler is targeted for the second half of 2027, with production ramp in 2028 and potential for millions of units and hundreds of millions in annual revenue.
Manufacturing scale-up underway to meet anticipated demand across all segments.
Management expects continued operating losses as investments in product development and commercialization persist.
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Latest events from Aeva Technologies
- Directors were elected through majority vote and the auditor was ratified for 2026.AEVA
AGM 2026 - Q1 2026 revenue hit $6.3M, up 90%, with strong liquidity and expanding deployments.AEVAQ1 2026
- Annual meeting to elect directors, ratify auditor, and review governance, compensation, and ownership.AEVAProxy filing
- Vote on director elections and auditor ratification at the June 2026 virtual annual meeting.AEVAProxy filing
- 2025 revenue doubled with major OEM and defense wins; 2026 targets up to 100% growth.AEVAQ4 2025
- Q2 2025 revenue surged 174% with improved losses and major partnerships fueling growth.AEVAQ2 2025
- Q3 2024 revenue grew 178% to $2.3M, with major wins and strong liquidity despite higher losses.AEVAQ3 2024
- Q2 revenue up 171% to $2M; key sector wins, strong cash, and major launches ahead.AEVAQ2 2024
- Record Q1 revenue, narrowed losses, and $50M investment drive raised 2025 outlook.AEVAQ1 2025
Next Aeva Technologies earnings date
Q3 20264 Nov, 2026
Aeva Technologies
Next Aeva Technologies earnings date
Q3 20264 Nov, 2026
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Frequently asked questions
Aeva Technologies, Inc., develops semiconductor devices for autonomous vehicle and robotics industries. The company is developing a proprietary frequency modulated continuous wave (FMCW) sensing technology that combines multiple wavelengths to create high resolution, four dimensional LiDAR-on-chip. Its sensor utilizes a single beam of light to simultaneously detect range and velocity.