Aeva Technologies, Inc. · NASDAQ:AEVA
Aeva Technologies — Q4 2025 Earnings Presentation
19 slides from Aeva Technologies's earnings presentation, Feb 26, 2026
Slide 1: Fourth Quarter and Full Year 2025 Results
Fourth Quarter and Full Year 2025 Results © 2026 Aeva, Inc.
Slide 2: Legal Disclaimer
Legal Disclaimer Forward-looking Statements This presentation contains certain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements generally are identi ed by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,”
Slide 3: Agenda
Agenda 2025 Highlights and Achievements Business Update 2026 Objectives Full Year 2025 Financial Results 2026 Financial Outlook © 2026 Aeva, Inc. 3
Slide 4: 2025 Highlights and Achievements
2025 Highlights and Achievements • Awarded global production • Aeva becomes core LiDAR program from Top European supplier for OEMs using NVIDIA passenger OEM as exclusive DRIVE Hyperion LiDAR supplier outside of China • Potential to accelerate • Successfully completed on-road adoption of Aeva’s tech
Slide 5: Business Update
Business Update © 2026 Aeva, Inc. 5
Slide 6: Awarded Global Production Program from Top European Passenger OEM
Awarded Global Production Program from Top European Passenger OEM Aeva is the exclusive Tier-1 supplier globally outside of China through mid-2030s with target SOP in 2028 OEM to integrate 4D LiDAR into a standardized automated driving platform to enable urban and highway L3 across its vehicle model
Slide 7: Selected by Top Passenger OEM for Global Vehicle Development Program
Selected by Top 5 Passenger OEM for Global Vehicle Development Program Collaboration on Atlas Ultra sensor integration and validation for the OEM’s next-generation global production vehicle platform Program focused on common platform for OEMs’ global lineup across multiple car brands Highlights indu
Slide 8: NVIDIA Selects Aeva as Reference LiDAR Sensor for DRIVE Hyperion Platform
NVIDIA Selects Aeva as Reference LiDAR Sensor for DRIVE Hyperion Platform Aeva becomes a core LiDAR supplier for OEMs using NVIDIA DRIVE Hyperion to bring L3 and higher capabilities to market NVIDIA to integrate Aeva’s 4D data to enable development, validation and simulation Further validates the in
Slide 9: Forterra Selects 4D LiDAR to Power Autonomous Defense Vehicles
Forterra Selects 4D LiDAR to Power Autonomous Defense Vehicles 4D LiDAR’s long range, velocity and vehicle positioning enhance perception in unstructured and GPS-denied environments, and is undetectable by night vision Already began sizable shipments to Forterra First win in defense highlights Aeva’
Slide 10: Aeva Omni
Aeva Omni Compact Wide-View Short-Range 4D LiDAR Enabling a Broad Set of Physical AI Applications A E VA O M N I 4 D L I D A R INSTANT VELOCITY 360-DEGREE 90-DEGREE SHORT RANGE DETECTION HORIZONTAL FOV VERTICAL FOV A E VA C O R E V I S I O N LIDAR-ON-CHIP MODULE IMMUNE TO COREVISION X1 SOC NO BLOOMI
Slide 11: 2026 Objectives
2026 Objectives © 2026 Aeva, Inc. 11
Slide 12: 2025 Objectives Recap
2025 Objectives Recap Two Additional Atlas Final Accelerate Manufacturing Financials Wins Release Robotics & Automation Expansion • Exceeded target with • Successfully completed • Introduced and grew • Final assembly • Increased revenues more than two wins • Initial orders for C- Eve sensor shipment
Slide 13: 2026 Objectives
2026 Objectives Automotive Physical AI & Continued Production Robotics Scale and Ready Commercial Wins Release Expansion Manufacturing Financials • At least four wins • Finalize production • 5X increase in • Begin shipments from • Grow revenues by including in auto and version of Atlas industrials s
Slide 14: Full Year 2025 Financial Results
Full Year 2025 Financial Results © 2026 Aeva, Inc. 14
Slide 15: Full Year 2025 Summary
Full Year 2025 Summary $18.1M ($102.0)M ($119.7)M $246.9M Non-GAAP Gross Cash Use Available Revenue Operating Loss1 (operating cash ow Liquidity3 less capex)2 © 2026 Aeva, Inc. fl
Slide 16: 2026 Financial Outlook
2026 Financial Outlook © 2026 Aeva, Inc. 16
Slide 17: 2026 Financial Outlook
2026 Financial Outlook + ~70%-100% $30-36M YoY • Target revenue range of $30M - $36M, growth of approximately 70%-100% YoY $18.1M • Target non-GAAP operating expenses to be similar or a slight increase of up to 10% YoY • Consistent with nancial framework provided at Aeva Day 2025 2026 © 2026 Aeva, I
Slide 18: Significant Momentum Across $80B Market Opportunity
Significant Momentum Across $80B Market Opportunity4 Manufacturing Smart Automotive Infrastructure Defense Robotics Consumer Automation and Transport Venue Security and Passenger Quality Control Management Autonomous Consumer Technology Ground Vehicles Tra c Management Trucking Automated Assembly an
Slide 19: © 2026 Aeva, Inc.
AEVA © 2026 Aeva, Inc.