Slide 1: Third Quarter 2025 Earnings
Third Quarter 2025 Earnings Matt Fisch Conor Tierney CEO CFO November 6, 2025
Slide 2: Disclaimer
Disclaimer Forward-Looking Statements competitive and regulated industries in which AEye operates; variations in operating performance across competitors; changes in laws This presentation of AEye, Inc. (“AEye” or the “Company”) includes statements that are not historical facts, but rather are forwa
Slide 3: Disclaimer
Disclaimer Readers are cautioned not to put undue reliance on forward-looking statements; AEye assumes no obligation and does not intend to directly comparable GAAP financial measures is available without unreasonable efforts at this time. AEye believes that these forward- update or revise these for
Slide 4: Matt Fisch
Matt Fisch Chief Executive Officer 4
Slide 5: Latest Highlights
Latest Highlights Doubled customer base Secured investment from Expanded Apollo since the end of Q2, global institutional manufacturing capacity to bringing total customer investor to ramp Apollo 60,000 units annually contracts to 12 manufacturing Forged new partnerships with Commenced Apollo shipme
Slide 6: Conor Tierney
Conor Tierney Chief Financial Officer 6
Slide 7: A Capital-Light Business Model that Sets Us Apart
A Capital-Light Business Model that Sets Us Apart Peer Comparison » Favorable cost structure versus peers: peer cost structures are up to ~8.5x higher than AEye All comparisons exclude China-based peers; TTM figures as of June 30, 2025 7
Slide 8: Q3'25 Financial Summary
Q3’25 Financial Summary (in millions, except per share amounts) Quarterly Results (unaudited) Key Financial Metrics(1) Q2 2025 Q3 2025 GAAP Net Loss $(9.3) $(9.3) GAAP EPS $(0.48) $(0.30) Non-GAAP Net Loss(2) $(6.7) $(5.4) Non-GAAP EPS(2) $(0.35) $(0.17) Net Cash Used in Operating Activities $(6.4)
Slide 9: FY 2025 Cash Burn Outlook
FY 2025 Cash Burn Outlook » Reiterating FY 2025 cash burn guidance of $27 million to $29 million, reflecting planned investments to scale Apollo production and support commercial expansion » Raised sufficient growth capital necessary to execute on strategic plan » Balancing financial discipline with
Slide 10: Third Quarter 2025 Earnings
Third Quarter 2025 Earnings Thank you