AEye, Inc. (LIDR) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 15, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 6, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the LIDR SEC filings page.
AEye, Inc. (LIDR) reported $450K in revenue over the twelve months to Jun 30, 2026, up 90.7% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
The numbers show a development-stage business whose financing, not customer revenue, currently funds its operating model.
The earnings-to-cash split is unfavorable: operating loss narrowed from$35.8M in FY2024 to$31.7M in FY2025. Yet cash conversion worsened, with operating cash outflow rising from$26.6M to$27.8M ; the smaller reported loss therefore did not reduce cash needs.
The revenue base remained tiny at
The balance sheet was rebuilt through financing rather than operations: financing cash flow was
Financial Health Signals
AEye, Inc. does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
AEye, Inc. scores -3.79, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($40.8M) relative to total liabilities ($9.6M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
AEye, Inc. passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
AEye, Inc. reported a net loss of $34.0M while operations used $27.8M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
AEye, Inc. generated $202K in revenue in Q2 2026. This represents an increase of 818.2% from the same quarter a year earlier. Against the prior quarter it is up 100.0%.
AEye, Inc.'s EBITDA was -$10.7M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 23.5% from the same quarter a year earlier. Against the prior quarter it is down 19.0%.
AEye, Inc. reported -$10.0M in net income in Q2 2026. This represents a decrease of 8.1% from the same quarter a year earlier. Against the prior quarter it is down 20.1%.
Not reported for Q2 2026.
Cash & Balance Sheet
AEye, Inc. recorded an outflow of $7.4M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents a decrease of 16.6% from the same quarter a year earlier. Against the prior quarter it is up 15.1%.
AEye, Inc. held $11.2M in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
Margins & Returns
AEye, Inc.'s gross margin was -79.7% in Q2 2026, indicating the percentage of revenue retained after direct costs. Against the prior quarter it is up 19.3 percentage points. No change is given against Q2 2025: its reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
AEye, Inc.'s ROE was -14.7% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 76.4 percentage points from the same quarter a year earlier. Against the prior quarter it is down 3.4 percentage points.
Not shown for Q2 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for Q2 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
AEye, Inc. invested $4.7M in research and development in Q2 2026. This represents an increase of 29.2% from the same quarter a year earlier. Against the prior quarter it is up 26.0%.
AEye, Inc. invested $132K in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 1550.0% from the same quarter a year earlier. Against the prior quarter it is down 29.4%.
Not reported for Q2 2026.
LIDR Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $202K+818.2% | $101K+57.8% | $97K+110.9% | $50K-51.9% | $22K-31.3% | $64K+220.0% | $46K-33.3% | $104K-44.7% |
| Cost of Revenue | $363K+236.1% | $201K+109.4% | $247K+404.1% | $103K-66.3% | $108K-32.5% | $96K-63.5% | $49K-99.3% | $306K-93.2% |
| Gross Profit | -$161K-87.2% | -$100K-212.5% | -$150K-4900.0% | -$53K+73.8% | -$86K+32.8% | -$32K+86.8% | -$3K+100.0% | -$202K+95.3% |
| R&D Expenses | $4.7M+29.2% | $3.8M+7.9% | $3.7M-12.6% | $3.1M-18.7% | $3.7M-4.4% | $3.5M-23.0% | $4.3M-17.9% | $3.8M-33.4% |
| SG&A Expenses | $4.7M+8.2% | $4.2M+44.3% | $3.6M-22.8% | $4.1M+7.3% | $4.3M+3.0% | $2.9M-48.4% | $4.7M-5.7% | $3.8M-29.3% |
| Operating Income | -$10.8M-23.5% | -$9.0M-32.8% | -$8.4M+6.6% | -$7.8M+0.3% | -$8.7M-5.4% | -$6.8M+36.6% | -$9.0M+68.4% | -$7.8M+54.5% |
| EBITDA | -$10.7M-23.5% | -$9.0M-32.9% | -$8.4M+6.6% | -$7.8M+0.4% | -$8.7M-5.3% | -$6.8M+36.8% | -$8.9M | -$7.8M+53.7% |
| Income Tax | $0 | $2K0.0% | N/A | N/A | $0 | $2K0.0% | -$4K-128.6% | $0-100.0% |
| Net Income | -$10.0M-8.1% | -$8.3M-4.1% | -$7.3M+14.1% | -$9.3M-7.2% | -$9.3M-16.1% | -$8.0M+21.6% | -$8.5M+69.2% | -$8.7M+48.9% |
| EPS (Basic) | -$0.22+54.2% | -$0.18+60.9% | -$0.13+86.9% | -$0.30+70.3% | -$0.48+58.6% | -$0.46+71.4% | -$0.99+78.5% | -$1.01+63.7% |
| Diluted Shares (Avg) | 46M+140.1% | 45M | N/A | 31M | 19M | 17M+174.7% | N/A | 9M |
Not reported in any period shown, so not listed: Interest Expense, EPS (Diluted).
LIDR Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $76.6M+246.5% | $82.1M+184.9% | $90.9M+235.2% | $87.5M+232.0% | $22.1M-49.8% | $28.8M-36.6% | $27.1M-50.1% | $26.4M-67.4% |
| Current Assets | $74.3M+264.1% | $79.7M+195.6% | $89.6M+256.1% | $86.2M+255.5% | $20.4M-32.3% | $27.0M-13.8% | $25.2M-36.7% | $24.3M-56.3% |
| Cash & Equivalents | $11.2M+372.2% | $45.2M+757.5% | $43.4M+322.3% | $43.0M+635.5% | $2.4M-78.8% | $5.3M-44.8% | $10.3M-39.4% | $5.9M-84.2% |
| Short-Term Investments | $60.3M+258.1% | $32.1M+55.3% | $43.1M+258.8% | $41.3M+149.0% | $16.8M+0.4% | $20.7M+6.6% | $12.0M-38.7% | $16.6M+89.7% |
| Inventory | $1.0M+332.3% | $963K+853.5% | $1.0M+476.7% | $884K+242.6% | $232K-39.3% | $101K-81.9% | $176K-69.8% | $258K-94.7% |
| Accounts Receivable | $216K+700.0% | $96K+1500.0% | $77K+600.0% | $56K-26.3% | $27K+285.7% | $6K-91.0% | $11K-91.6% | $76K-68.1% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $8.3M-30.7% | $7.8M-33.6% | $9.6M-20.4% | $9.4M-18.4% | $11.9M-48.6% | $11.8M-49.8% | $12.0M-52.6% | $11.5M-58.4% |
| Current Liabilities | $6.9M-35.2% | $6.2M-42.6% | $8.6M-24.2% | $8.1M-24.5% | $10.6M+18.6% | $10.8M+19.8% | $11.3M+12.8% | $10.7M-10.5% |
| Non-Current Liabilities | $1.4M+4.9% | $1.7M+60.5% | $979K+42.1% | $1.3M+69.5% | $1.3M-90.7% | $1.0M-92.9% | $689K-95.5% | $750K-95.2% |
| Total Equity | $68.3M+570.9% | $74.2M+336.6% | $81.3M+437.8% | $78.2M+424.6% | $10.2M-51.1% | $17.0M-22.5% | $15.1M-47.9% | $14.9M-72.1% |
| Retained Earnings | -$425.4M-9.0% | -$415.4M-9.0% | -$407.1M-9.1% | -$399.7M-9.6% | -$390.4M-9.7% | -$381.1M-9.6% | -$373.1M-10.5% | -$364.5M-17.7% |
Not reported in any period shown, so not listed: Goodwill, Long-Term Debt.
LIDR Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$7.3M-14.7% | -$8.6M-9.6% | -$7.5M-56.7% | -$6.1M+19.6% | -$6.4M0.0% | -$7.8M+1.0% | -$4.8M+47.9% | -$7.6M+16.4% |
| Depreciation & Amortization | $55K+44.7% | $40K+8.1% | $42K-14.3% | $38K+58.3% | $38K+40.7% | $37K+27.6% | $49K-91.1% | $24K-92.8% |
| Stock-Based Compensation | $2.4M+108.5% | $1.5M-38.3% | N/A | $1.1M-52.4% | $1.2M-33.3% | $2.5M-17.0% | N/A | $2.2M-45.0% |
| Capital Expenditures | $132K+1550.0% | $187K+3016.7% | $57K-13.6% | $38K-79.6% | $8K-94.6% | $6K-93.1% | $66K-87.5% | $186K-69.7% |
| Free Cash Flow | -$7.4M-16.6% | -$8.7M-11.9% | -$7.6M-55.7% | -$6.1M+21.0% | -$6.4M+2.2% | -$7.8M+2.0% | -$4.9M+50.0% | -$7.8M+19.8% |
| Investing Cash Flow | -$28.2M-825.7% | $10.7M+224.9% | -$1.6M-135.4% | -$24.5M-16753.7% | $3.9M+48.3% | -$8.6M-2431.0% | $4.6M+141.5% | $147K-99.5% |
| Financing Cash Flow | $1.6M+467.0% | -$352K-103.1% | $9.5M+105.4% | $71.2M+81044.3% | -$430K-107.9% | $11.4M+9385.0% | $4.6M+5331.8% | -$88K+93.4% |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
LIDR Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | -79.7% | -99.0%-49.0pp | -154.6% | -106.0% | -390.9% | -50.0% | -6.5% | -194.2% |
| Operating Margin | -5324.3% | -8939.6% | -8660.8% | -15650.0% | -39568.2% | -10625.0% | -19554.3% | -7544.2% |
| Net Margin | -4961.4% | -8262.4% | -7569.1% | -18660.0% | -42136.4% | -12525.0% | -18582.6% | -8371.1% |
| Return on Equity | -14.7%+76.4pp | -11.2%+35.9pp | -9.0%+47.5pp | -11.9%+46.5pp | -91.0%-52.7pp | -47.2%-0.6pp | -56.5%+39.2pp | -58.4%-26.4pp |
| Return on Assets | -13.1%+28.8pp | -10.2%+17.7pp | -8.1%+23.4pp | -10.7%+22.4pp | -41.9%-23.8pp | -27.8%-5.3pp | -31.5%+19.6pp | -33.0%-11.9pp |
| Current Ratio | 10.83+8.9x | 12.89+10.4x | 10.46+8.2x | 10.66+8.4x | 1.93-1.5x | 2.50-1.0x | 2.23-1.7x | 2.26-2.4x |
| Debt-to-Equity | 0.12-1.0x | 0.11-0.6x | 0.12-0.7x | 0.12-0.6x | 1.17+0.1x | 0.69-0.4x | 0.79-0.1x | 0.77+0.3x |
| Asset Turnover | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x |
| FCF Margin | -3672.8% | -8655.5% | -7821.6% | -12254.0% | -28922.7% | -12201.6% | -10591.3% | -7460.6% |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Gross Margin, Operating Margin, Net Margin, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| AEye, Inc. LIDR | FY2025 | $233K | -$34.0M | N/A | $40.8M | — |
| XBP Global Holdings, Inc. XBP | FY2024 | $872.7M | -$215.2M | -24.6% | $43.2M | 13/100 |
| MicroAlgo, Inc. MLGO | FY2025 | $60.0M | $18.1M | 30.2% | $30.0M | 43/100 |
| Alarum Technologies Ltd. ALAR | FY2025 | $40.8M | $963K | 2.4% | $10.3M | 19/100 |
| Helport AI Limited HPAI | FY2025 | $34.9M | $1.9M | 5.3% | $12.1M | 56/100 |
| Airship AI Holdings, Inc. AISP | FY2025 | $15.3M | $29.3M | N/A | $72.3M | 31/100 |
Where AEye, Inc. Ranks
Frequently Asked Questions
What is AEye, Inc.'s annual revenue?
AEye, Inc. (LIDR) reported $233K in total revenue for fiscal year 2025. This represents a 15.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is AEye, Inc.'s revenue growing?
AEye, Inc. (LIDR) revenue grew by 15.3% year-over-year, from $202K to $233K in fiscal year 2025.
Is AEye, Inc. profitable?
No, AEye, Inc. (LIDR) reported a net income of -$34.0M in fiscal year 2025.
What is AEye, Inc.'s EBITDA?
AEye, Inc. (LIDR) had EBITDA of -$31.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is AEye, Inc.'s return on equity (ROE)?
AEye, Inc. (LIDR) has a return on equity of -41.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is AEye, Inc.'s free cash flow?
AEye, Inc. (LIDR) recorded an outflow of $27.9M in free cash flow during fiscal year 2025. This represents a -2.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is AEye, Inc.'s operating cash flow?
AEye, Inc. (LIDR) recorded an outflow of $27.8M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are AEye, Inc.'s total assets?
AEye, Inc. (LIDR) had $90.9M in total assets as of fiscal year 2025, including both current and long-term assets.
What are AEye, Inc.'s capital expenditures?
AEye, Inc. (LIDR) invested $109K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does AEye, Inc. spend on research and development?
AEye, Inc. (LIDR) invested $13.9M in research and development during fiscal year 2025.
What is AEye, Inc.'s current ratio?
AEye, Inc. (LIDR) had a current ratio of 10.46 as of fiscal year 2025, which is generally considered healthy.
What is AEye, Inc.'s debt-to-equity ratio?
AEye, Inc. (LIDR) had a debt-to-equity ratio of 0.12 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is AEye, Inc.'s return on assets (ROA)?
AEye, Inc. (LIDR) had a return on assets of -37.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is AEye, Inc.'s P/E ratio?
AEye, Inc. (LIDR) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $40.8M as of Oct 15, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is AEye, Inc.'s price-to-sales ratio?
AEye, Inc. (LIDR) trades at 90.6x sales, its market capitalization divided by revenue of $450K revenue, trailing 12 months to June 30, 2026. The market capitalization is $40.8M as of Oct 15, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does AEye, Inc.'s liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, AEye, Inc. (LIDR) held $86.5M in cash, cash equivalents and investments, and reported an operating cash outflow of $27.8M over that year. Dividing the one by the other, the reported balance equals about 37 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is AEye, Inc.'s Altman Z-Score?
AEye, Inc. (LIDR) has an Altman Z-Score of -3.79, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is AEye, Inc.'s Piotroski F-Score?
AEye, Inc. (LIDR) has a Piotroski F-Score of 4 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are AEye, Inc.'s earnings high quality?
AEye, Inc. (LIDR) reported a net loss of $34.0M while operations used $27.8M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.