AEVA

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Exhibit 99.1

Aeva Reports Second Quarter 2026 Results

Launched Optical Connectivity Business with First Customer Agreement Signed for a Major Hyperscaler Deployment

Continued Expansion in Automotive with Bendix Selecting Aeva to Develop the Next-gen of its Market-Leading Commercial Vehicle ADAS Solution

SICK Launched its First Industrial Sensor Powered by Aeva’s Eve Precision Technology and Awarded Aeva 2026 Supplier of the Year for Innovation and Collaboration

MOUNTAIN VIEW, Calif., Aug. 5, 2026 – Aeva® (Nasdaq: AEVA), a leader in next-generation sensing and perception systems, today announced its second quarter 2026 results.

Key Company Highlights

• Launched Optical Connectivity business, using Aeva’s proprietary high-power optical source technology for next-generation AI data centers.

• Signed joint development agreement with major customer to use Aeva’s high-power optical source technology in a Near-Packaged Optics (NPO) solution for a hyperscaler with initial deployment targeted for second-half 2027 and production ramp targeted for 2028

• Commercial vehicle ADAS leader Bendix selected Aeva’s 4D LIDAR and perception software for development of the next generation of its ADAS solution available on most major Class 8 truck platforms in North America

• Continued to achieve milestones for key automotive programs, including Daimler Truck, top 10 European passenger OEM and NVIDIA DRIVE Hyperion, and advance on additional opportunities for passenger vehicle and commercial vehicle applications

• SICK launched its first Eve powered sensor for industrial sensing applications as part of a strategic collaboration to scale Aeva’s technology across its product portfolio and also named Aeva its 2026 Supplier of the Year for Innovation and Collaboration

• Strengthened balance sheet with $115M follow-on offering to further position Aeva to accelerate growth

“With the launch of Optical Connectivity, Aeva is expanding into another new market where we can leverage our proprietary photonics technology developed over the past decade to enable next-generation AI data centers,” said Soroush Salehian, Co-founder and CEO at Aeva. “It demonstrates how Aeva’s differentiated technology continues to open vast opportunities beyond traditional sensing, and we are off to a strong start with a first customer agreement already signed. Beyond this, we continue to make good progress on existing customers programs, securing additional opportunities across multiple markets and scaling manufacturing to meet the growing demand for Aeva’s technology.”

Second Quarter 2026 Financial Highlights

• Total Available Liquidity

o Total available liquidity of $302.9 million as of June 30, 2026, consisting of $177.9 million in cash, cash equivalents and marketable securities and $125.0 million in an available facility

• Revenue

o Revenue of $6.1 million in Q2 2026, compared to revenue of $5.5 million in Q2 2025

• GAAP and Non-GAAP Operating Loss*

o GAAP operating loss of $34.6 million in Q2 2026, compared to GAAP operating loss of $34.9 million in Q2 2025

o Non-GAAP operating loss of $26.0 million in Q2 2026, compared to non-GAAP operating loss of $25.1 million in Q2 2025

• GAAP and Non-GAAP Net Loss per Share*

o GAAP net loss per share of $1.23 in Q2 2026, compared to GAAP net loss per share of $3.49 in Q2 2025

o Non-GAAP net loss per share of $0.41 in Q2 2026, compared to non-GAAP net loss per share of $0.44 in Q2 2025

• Shares Outstanding

o Weighted average shares outstanding of 64.7 million in Q2 2026

*Tables reconciling GAAP to non-GAAP measures are provided at the end of this release.

CFO Transition

Following six years of service with the company, CFO Saurabh Sinha will be moving on from Aeva to pursue a new opportunity outside of the sensing industry on September 5, 2026. The company has already initiated a search for a permanent successor and will announce the appointment once finalized.

Rupesh Maheshwari, Aeva’s VP Corporate Controller will serve as Interim CFO following Mr. Sinha’s departure. Mr. Maheshwari, has served as the Company’s VP Corporate Controller, since joining the company in December 2025. He brings more than 20 years of finance leadership experience, having previously held leadership roles at Waabi, Covariant, Logitech and Fundbox. Mr. Sinha will work closely with Mr. Maheshwari to ensure a seamless transition during this period.

Conference Call Details

Aeva will host a conference call and live webcast to discuss results at 2:00 p.m. PT / 5:00 p.m. ET today, August 5, 2026. The live webcast and replay can be accessed at investors.aeva.com.

About Aeva Technologies, Inc. (Nasdaq: AEVA)

Aeva’s mission is to bring the next wave of perception to a broad range of applications from automated driving, manufacturing automation and smart infrastructure, to robotics and consumer devices. Aeva is accelerating autonomy with its groundbreaking perception platform that

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Exhibit 99.1

Aeva Reports First Quarter 2026 Results

Achieved New Record Quarterly Revenue with Growing Commercial Momentum

Key Milestones Achieved in Automotive and Commercial Vehicles with Production Intent Atlas Sensors Delivered to Daimler Truck and Atlas Ultra Integration with Top European Passenger OEM

Additional Commercial Deployments in Physical AI with Forterra in Defense, Aeva CityOS in ITS and Nikon in Factory Automation

MOUNTAIN VIEW, Calif., May 6, 2026 – Aeva® (Nasdaq: AEVA), a leader in next-generation sensing and perception systems, today announced its first quarter 2026 results.

Key Company Highlights

• Delivered production intent Atlas sensors to Daimler Truck, highlighting the maturity of Aeva’s technology and a major step to bringing the OEM’s autonomous trucks to production

• Delivered first Atlas Ultra sensors to the Top 10 European passenger OEM for vehicle integration and AV stack development

• Working with NVIDIA on integrating 4D LiDAR as the reference sensor for the DRIVE Hyperion platform used by leading OEMs and AV companies to enable L3 and higher automated driving

• Growing in defense with Forterra expanding use of 4D LiDAR to another autonomous ground vehicle to leverage Aeva’s long-range, velocity and undetectability by night vision systems

• Introduced CityOS, our full-stack AI-powered traffic management solution, which has already been selected for a large-scale award in Georgia with deployment underway

• Nikon launched its APDIS MV5X laser radar system powered by Aeva’s Eve high-precision technology in a multi-year production agreement to use Aeva’s technology for automated robotic inspection in factories for automotive, aerospace and energy industries

• Growing commercial momentum across automotive including L3 and high volume ADAS, and other physical AI applications such as defense and infrastructure

“Following record revenue in the previous quarter, Aeva in Q1 achieved another new record quarterly revenue, driven by increasing commercial deployments of our perception platform and successful execution of major development milestones for top automotive OEM production programs,” said Soroush Salehian, Co-founder and CEO at Aeva. “We also continued to advance on additional programs across automotive and other physical AI applications. With a growing list of opportunities, we are keenly focused on delivering on existing programs and scaling manufacturing to meeting more of the growing demand for Aeva’s unique technology.”

First Quarter 2026 Financial Highlights

• Total Available Liquidity

o Total available liquidity of $224.5 million as of March 31, 2026, consisting of $99.5 million in cash, cash equivalents and marketable securities and $125.0 million in an available facility

• Revenue

o Revenue of $6.3 million in Q1 2026, compared to revenue of $3.4 million in Q1 2025

• GAAP and Non-GAAP Operating Loss*

o GAAP operating loss of $35.1 million in Q1 2026, compared to GAAP operating loss of $30.4 million in Q1 2025

o Non-GAAP operating loss of $25.8 million in Q1 2026, compared to non-GAAP operating loss of $25.9 million in Q1 2025

• GAAP and Non-GAAP Net Loss per Share*

o GAAP net loss per share of $0.56 in Q1 2026, compared to GAAP net loss per share of $0.64 in Q1 2025

o Non-GAAP net loss per share of $0.41 in Q1 2026, compared to non-GAAP net loss per share of $0.45 in Q1 2025

• Shares Outstanding

o Weighted average shares outstanding of 62.8 million in Q1 2026

*Tables reconciling GAAP to non-GAAP measures are provided at the end of this release.

Conference Call Details

Aeva will host a conference call and live webcast to discuss results at 2:00 p.m. PT / 5:00 p.m. ET today, May 6, 2026. The live webcast and replay can be accessed at investors.aeva.com.

About Aeva Technologies, Inc. (Nasdaq: AEVA)

Aeva’s mission is to bring the next wave of perception to a broad range of applications from automated driving, manufacturing automation and smart infrastructure, to robotics and consumer devices. Aeva is accelerating autonomy with its groundbreaking perception platform that integrates lidar-on-chip technology, system-on-chip processing, and perception algorithms onto silicon leveraging silicon photonics. Aeva 4D LiDAR sensors uniquely detect velocity and position simultaneously, allowing automated devices like vehicles and robots to make more intelligent and safe decisions. For more information, visit www.aeva.com, or connect with us on X or LinkedIn.

Aeva, the Aeva logo, Aeva 4D LiDAR, Aeva Atlas, Aeries, Aeva Eve, Aeva Omni, Aeva CityOS, Aeva Ultra Resolution, Aeva CoreVision, and Aeva X1 are trademarks/registered trademarks of Aeva, Inc. All rights reserved. Third-party trademarks are the property of their respective owners.

Forward looking statements

This press release contains certain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements gener

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Exhibit 99.1

Aeva Reports Fourth Quarter and Full Year 2025 Results

Awarded Major Global Production Contract from Top 10 Passenger OEM

Selected by Top 5 Passenger OEM for Global Vehicle Development Program

Nvidia Selected Aeva as Reference LiDAR Sensor for DRIVE Hyperion Platform

Doubled Revenue in 2025 Driven by Scaling Volume and New Markets Expansion

MOUNTAIN VIEW, Calif., Feb. 26, 2026 – Aeva® (Nasdaq: AEVA), a leader in next-generation sensing and perception systems, today announced its fourth quarter and full year 2025 results.

Key Company Highlights

• A top European passenger OEM awarded Aeva a major production contract as the exclusive Tier-1 LiDAR supplier for the OEM’s global L3 production program outside of China with targeted SOP in 2028

• New top 5 passenger OEM selected Aeva for a joint development program for its global vehicle lineup across multiple car brands, with opportunity for a large scale production program award

• Nvidia selected Aeva 4D LiDAR as the reference sensor for its DRIVE Hyperion platform used by leading automotive OEMs and AV companies to enable L3 and higher automated driving

• Successfully completed on-road validation of Aeva Atlas B-samples for Daimler Truck and on track to deliver C-samples in 2026 as the exclusive long-range LiDAR and primary detection sensor for Daimler Truck’s series production autonomous trucks

• Secured first win in the defense market with Forterra’s selection of Aeva 4D LiDAR to enable autonomous defense vehicles

• Introduced Omni, the first compact wide-view short-range FMCW LiDAR targeting a broad range of physical AI applications

• Delivered key 2025 company objectives, including converting significant commercial momentum to multiple wins, scaling manufacturing and achieving record revenue while strengthening balance sheet and reducing operating expenses

“2025 was a landmark year for Aeva, marked by accelerating demand for our unique perception platform from a growing list of customers and strategic partners across broad applications,” said Soroush, Salehian, Co-founder and CEO at Aeva. “This culminated in our first series production award with a top 10 passenger OEM, and we began 2026 expanding our leadership position with a new development program with a top 5 passenger OEM and our first win in defense with Forterra for autonomous ground vehicles. We expect Aeva’s momentum to continue, with additional production program opportunities, scaling manufacturing to meet our customers’ needs and delivering another record revenue year.”

Fourth Quarter and Full Year 2025 Financial Highlights

• Cash, Cash Equivalents and Marketable Securities

• Cash, cash equivalents and marketable securities of $121.9 million and available facility of $125.0 million as of December 31, 2025

• Revenue

• Revenue of $5.6 million in Q4 2025, compared to revenue of $2.7 million in Q4 2024

• Revenue of $18.1 million for full year 2025, compared to revenue of $9.1 million for full year 2024

• GAAP and Non-GAAP Operating Loss*

• GAAP operating loss of $29.1 million in Q4 2025, compared to GAAP operating loss of $34.2 million in Q4 2024

• GAAP operating loss of $127.6 million for full year 2025, compared to GAAP operating loss of $158.4 million for full year 2024

• Non-GAAP operating loss of $23.8 million in Q4 2025, compared to non-GAAP operating loss of $27.7 million in Q4 2024

• Non-GAAP operating loss of $102.0 million for full year 2025, compared to non-GAAP operating loss of $123.2 million for full year 2024

• GAAP and Non-GAAP Net Loss per Share*

• GAAP net loss per share of $0.42 in Q4 2025, compared to GAAP net loss per share of $0.67 in Q4 2024

• GAAP net loss per share of $2.55 for full year 2025, compared to GAAP net loss per share of $2.85 for full year 2024

• Non-GAAP net loss per share of $0.40 in Q4 2025, compared to non-GAAP net loss per share of $0.49 in Q4 2024

• Non-GAAP net loss per share of $1.75 for full year 2025, compared to non-GAAP net loss per share of $2.17 for full year 2024

• Shares Outstanding

• Weighted average shares outstanding of 60.2 million in Q4 2025 and 57.0 million for full year 2025

2026 Financial Outlook

• Revenue in the range of $30 million to $36 million, representing growth of approximately 70% to 100% year-over-year

*Tables reconciling GAAP to non-GAAP measures are provided at the end of this release.

Conference Call Details

Aeva will host a conference call and live webcast to discuss results at 2:00 p.m. PT / 5:00 p.m. ET today, February 26, 2026. The live webcast and replay can be accessed at investors.aeva.com.

About Aeva Technologies, Inc. (Nasdaq: AEVA)

Aeva’s mission is to bring the next wave of perception to a broad range of applications from automated driving, manufacturing automation and smart infrastructure, to robotics and consumer devices. Aeva is accelerating autonomy with its groundbreaking perception platform that integrates lidar-on