Aeva Technologies (AEVA) Research & Development (2020 - 2026)
Aeva Technologies (AEVA) reported Research & Development of $24.89 million for Q2 2026, up 9.0% from $22.84 million a year earlier and up 9.0% from the prior quarter.
Aeva Technologies (AEVA) Research & Development (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Aeva Technologies' Research & Development came in at $88.73 million, down 7.4% year-over-year; for FY2025, it came in at $85.42 million, down 16.8% from FY2024.
- Research & Development has a five-year compound annual growth rate of 33.0% (FY2020 to FY2025).
- By year, Research & Development came in at $102.67 million in FY2024 (+0.2%), $102.5 million in FY2023 (-6.5%), $109.59 million in FY2022 (+46.6%) and $74.77 million in FY2021 (+264.8%).
- The Q2 2026 figure ranks as the highest quarterly Research & Development since Q3 2024.
- Year over year, Research & Development gained in three of the last eight quarters, with an average decline of 5.7%.
- The high point for year-over-year Research & Development in five years was Q3 2021 (growth of 385.9%); the low point was Q4 2025 (a decline of 22.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $22.83 million (Q1 2026), $18.85 million (Q4 2025) and $22.16 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,943.67 Bn | 4,691.16 Bn | 54.77 Bn | 11.73 Bn |
| 2 | Cisco Systems | 421.20 Bn | 357.13 Bn | 11.06 Bn | 2.43 Bn |
| 3 | Dell Technologies | 347.85 Bn | 303.60 Bn | 9.83 Bn | 1.11 Bn |
| 4 | Arista Networks | 258.42 Bn | 211.87 Bn | 1.91 Bn | 348.20 Mn |
| 5 | Sandisk | 250.08 Bn | 238.60 Bn | 7.58 Bn | 348.00 Mn |
| 6 | Seagate Technology Holdings | 208.99 Bn | 203.98 Bn | 1.90 Bn | 188.00 Mn |
| 7 | Western Digital | 163.62 Bn | 151.74 Bn | 2.03 Bn | 284.00 Mn |
| 8 | Sony | 143.48 Bn | 93.86 Bn | 6.53 Bn | - |
| 9 | Hewlett Packard Enterprise | 83.23 Bn | 61.11 Bn | 4.93 Bn | 1.16 Bn |
| 10 | Aeva Technologies | 980.11 Mn | 531.93 Mn | 2.19 Mn | 24.89 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.89 Mn |
| Mar 31, 2026 | 22.83 Mn |
| Dec 31, 2025 | 18.85 Mn |
| Sep 30, 2025 | 22.16 Mn |
| Jun 30, 2025 | 22.84 Mn |
| Mar 31, 2025 | 21.57 Mn |
| Dec 31, 2024 | 24.34 Mn |
| Sep 30, 2024 | 27.12 Mn |
| Jun 30, 2024 | 26.20 Mn |
| Mar 31, 2024 | 25.01 Mn |
| Dec 31, 2023 | 26.20 Mn |
| Sep 30, 2023 | 23.79 Mn |
| Jun 30, 2023 | 27.07 Mn |
| Mar 31, 2023 | 25.45 Mn |
| Dec 31, 2022 | 32.21 Mn |
| Sep 30, 2022 | 26.12 Mn |
| Jun 30, 2022 | 25.94 Mn |
| Mar 31, 2022 | 25.32 Mn |
| Dec 31, 2021 | 23.75 Mn |
| Sep 30, 2021 | 20.91 Mn |
Aeva Technologies Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=AEVA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "AEVA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=AEVA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();