Aeva Technologies Inc. released its second quarter 2025 financial results, reporting a record quarterly revenue driven by continued commercial momentum. The company disclosed a GAAP net loss per share of $3.49 for Q2 2025, compared to a GAAP net loss per share of $0.82 in the same quarter of 2024. However, the non-GAAP net loss per share improved to $0.44 in Q2 2025 from $0.57 in Q2 2024. The weighted average shares outstanding were 55.2 million in Q2 2025. Significant updates to Aeva's business operations include a strategic investment by LG Innotek, recorded as a share subscription liability valued at $77.5 million as of June 30, 2025. This investment is expected to convert into equity upon closing. Additionally, Aeva announced a strategic collaboration with LG Innotek to expand its perception platform across automotive, robotics, and consumer applications. The company also highlighted its partnership with Bendix to bring Aeva 4D LiDAR to L2+ Collision Mitigation for high-volume markets.