Aeva Technologies (AEVA) stock surged nearly 40% after Q2 earnings, beating adjusted loss and revenue estimates
Aeva Technologies' stock surged nearly 40% after its Q2 report, where the company reported an adjusted loss of $0.41 per share on sales of $6.1 million, slightly better than analyst expectations of a $0.43 loss per share and $6 million in sales. The company's GAAP loss was $1.23 per share, an improvement from $3.49 in Q2 2025, with revenue growing 11% year-over-year. Additionally, Aeva announced its CFO Saurabh Sinha is departing and that it is entering the "Optical Connectivity" market, applying its photonics technology to the artificial intelligence sector.
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