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AEVA (Aeva Technologies) Gross Profit : $-3.79 Mil (TTM As of Dec. 2024)


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What is Aeva Technologies Gross Profit?

Aeva Technologies's gross profit for the three months ended in Dec. 2024 was $-0.83 Mil. Aeva Technologies's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was $-3.79 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Aeva Technologies's gross profit for the three months ended in Dec. 2024 was $-0.83 Mil. Aeva Technologies's Revenue for the three months ended in Dec. 2024 was $2.70 Mil. Therefore, Aeva Technologies's Gross Margin % for the quarter that ended in Dec. 2024 was -30.75%.

Aeva Technologies had a gross margin of -30.75% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage

During the past 6 years, the highest Gross Margin % of Aeva Technologies was 43.40%. The lowest was -136.50%. And the median was -2.39%.


Aeva Technologies Gross Profit Historical Data

The historical data trend for Aeva Technologies's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Aeva Technologies Gross Profit Chart

Aeva Technologies Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial 2.10 3.43 -4.26 -5.89 -3.79

Aeva Technologies Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.87 -1.39 -0.85 -0.72 -0.83

Competitive Comparison of Aeva Technologies's Gross Profit

For the Software - Infrastructure subindustry, Aeva Technologies's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Aeva Technologies's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, Aeva Technologies's Gross Profit distribution charts can be found below:

* The bar in red indicates where Aeva Technologies's Gross Profit falls into.



Aeva Technologies Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Aeva Technologies's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=9.065 - 12.855
=-3.79

Aeva Technologies's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=2.696 - 3.525
=-0.83

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.79 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Aeva Technologies's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=-0.83 / 2.696
=-30.75 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Aeva Technologies  (NAS:AEVA) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Aeva Technologies had a gross margin of -30.75% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage


Aeva Technologies Gross Profit Related Terms

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Aeva Technologies Business Description

Traded in Other Exchanges
N/A
Address
555 Ellis Street, Mountain View, CA, USA, 94043
Aeva Technologies Inc through its Frequency Modulated Continuous Wave (FMCW) sensing technology, designs a 4D LiDAR-on-chip that, along with its proprietary software applications, has the potential to enable the adoption of LiDAR across broad applications from automated driving to consumer electronics, consumer health, industrial automation, and security application. The company operates in North America, EMEA, and Asia. The company derives the majority of its revenue from North America.
Executives
Mina Rezk director, 10 percent owner, officer: President & CTO C/O AEVA TECHNOLOGIES, INC., 555 ELLIS STREET, MOUNTAIN VIEW CA 94043
Stephen Paul Zadesky director 555 ELLIS STREET, MOUNTAIN VIEW CA 94043
Soroush Salehian Dardashti director, 10 percent owner, officer: Chief Executive Officer C/O AEVA TECHNOLOGIES, INC., 555 ELLIS STREET, MOUNTAIN VIEW CA 94043
Sylebra Capital Ltd director, 10 percent owner 28 HENNESSY ROAD, 20TH FLOOR, WAN CHAI, HONG KONG K3 00000
Erin L Polek director 5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Eberle Christopher G Jr director 14 E. 4TH ST SUITE 405, NEW YORK NY 10012
Daniel Patrick Gibson 10 percent owner 400 FAIRVIEW AVENUE NORTH, SUITE 1200, SEATTLE WA 98109
Saurabh Sinha officer: Chief Financial Officer C/O AEVA TECHNOLOGIES, INC., 555 ELLIS STREET, MOUNTAIN VIEW CA 94043
Peter Hebert 10 percent owner C/O LUX VENTURES, 295 MADISON AVE, 24TH FLOOR, NEW YORK NY 10017
Shahin Farshchi director 11740 WILSHIRE BLVD, #A1309, LOS ANGELES CA 90025
Hrach Simonian director 285 RIVERSIDE AVE., SUITE 250, WESTPORT CT 06880
Josh Wolfe 10 percent owner C/O LUX HEALTH TECH ACQUISITION CORP., 920 BROADWAY, 11TH FLOOR, NEW YORK NY 10010
Lux Co-invest Opportunities, L.p. 10 percent owner C/O LUX CAPITAL MANAGEMENT, 920 BROADWAY, 11TH FLOOR, NEW YORK NY 10010
Lux Co-invest Partners, Llc 10 percent owner C/O LUX CAPITAL, 920 BROADWAY, 11TH FLOOR, NEW YORK NY 10010
Lux Venture Partners Iv, Llc 10 percent owner 920 BROADWAY, 11TH FLOOR, NEW YORK NY 10010