SEV net incomeQ2 2026-$10.88M
SEV net income was -$10.88M in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$12.07M a year earlier. For the full fiscal 2025 it was -$43.91M, compared with -$34.91M in fiscal 2024.
Aptera Motors Corp. (SEV) financials
For the twelve months ended Jun 30, 2026, Aptera Motors Corp. reported -$42.05M of net income.
- Net income, TTM
- -$42.05M
- Free cash flow, TTM
- -$25.67M
- EPS, diluted, TTM
- -$1.43
- Cash
- $10.13M
- Market cap
- $93.3M
FY2024FY2025
FY2024FY2025
SEV revenue and earnings growth
SEV EPSQ2 2026-$0.30
SEV diluted EPS was -$0.30 in fiscal Q2 2026 (ended Jun 30, 2026). For the full fiscal 2025 it was -$1.79, compared with -$1.52 in fiscal 2024.
SEV free cash flowQ2 2026-$8.21M
SEV free cash flow was -$8.21M in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$3.59M a year earlier. For the full fiscal 2025 it was -$16.69M, compared with -$26.07M in fiscal 2024.
Income statement
| Line item | Dec 31, 2025 | Dec 31, 2024 |
|---|---|---|
| Research and development | $21.34M | $17.03M |
| Selling, general and admin | $26.77M | $20.09M |
| Operating income | -$48.11M | -$37.12M |
| Net income | -$43.91M | -$34.91M |
| EPS, basic | -$1.79 | -$1.52 |
| EPS, diluted | -$1.79 | -$1.52 |
| Diluted shares | 24.5M | 23.0M |
Balance sheet
| Line item | Dec 31, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash and equivalents | $9.61M | $13.16M |
| Current assets | $10.12M | $14.39M |
| Total assets | $30.24M | $34.93M |
| Current liabilities | $9.47M | $6.55M |
| Total liabilities | $9.80M | $8.04M |
| Shareholders' equity | $20.44M | $26.89M |
Cash flow
| Line item | Dec 31, 2025 | Dec 31, 2024 |
|---|---|---|
| Operating cash flow | -$15.26M | -$22.50M |
| Capital expenditures | $1.43M | $3.57M |
| Free cash flow | -$16.69M | -$26.07M |
| Investing cash flow | -$1.43M | -$3.57M |
| Financing cash flow | $13.14M | $22.27M |
| Stock-based compensation | $24.69M | $14.77M |
| Depreciation and amortization | $566.0K | $498.0K |
Key ratios
Income statement
| Line item | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Research and development | $7.09M | $5.91M | $7.53M | $4.73M | $5.87M | $3.21M | $5.29M | $5.25M | - | - |
| Selling, general and admin | $4.07M | $4.43M | $7.57M | $3.21M | $8.03M | $7.95M | $4.73M | $3.08M | - | - |
| Operating income | -$11.16M | -$10.33M | -$15.10M | -$7.94M | -$13.90M | -$11.16M | -$10.02M | -$8.34M | - | - |
| Net income | -$10.88M | -$10.19M | -$15.48M | -$5.49M | -$12.07M | -$10.87M | -$8.88M | -$8.21M | -$5.57M | -$12.25M |
| EPS, basic | -$0.30 | -$0.32 | -$0.58 | -$0.23 | -$0.52 | -$0.46 | - | -$0.35 | - | - |
| EPS, diluted | -$0.30 | -$0.32 | -$0.58 | -$0.23 | -$0.52 | -$0.46 | - | -$0.35 | - | - |
| Diluted shares | 36.8M | 32.1M | - | 23.6M | 23.4M | 23.4M | - | 23.2M | - | - |
Balance sheet
| Line item | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $10.13M | $17.72M | $9.61M | $11.99M | $13.07M | $10.75M | $13.16M | $18.23M | - | - |
| Current assets | $11.91M | $18.21M | $10.12M | $15.16M | - | - | $14.39M | - | - | - |
| Total assets | $32.41M | $38.98M | $30.24M | $34.91M | - | - | $34.93M | - | - | - |
| Current liabilities | $7.09M | $8.11M | $9.47M | $7.05M | - | - | $6.55M | - | - | - |
| Total liabilities | $8.03M | $9.34M | $9.80M | $7.67M | - | - | $8.04M | - | - | - |
| Shareholders' equity | $24.38M | $29.64M | $20.44M | $27.24M | $26.81M | $23.25M | $26.89M | $31.19M | $29.13M | $27.50M |
Cash flow
| Line item | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$8.05M | -$7.89M | -$4.35M | -$3.78M | -$3.57M | -$3.56M | -$5.58M | - | - | - |
| Capital expenditures | $163.0K | $39.0K | $664.0K | $740.0K | $20.0K | $10.0K | $196.0K | - | - | - |
| Free cash flow | -$8.21M | -$7.93M | -$5.01M | -$4.52M | -$3.59M | -$3.57M | -$5.78M | - | - | - |
| Investing cash flow | -$163.0K | -$39.0K | -$664.0K | -$740.0K | -$20.0K | -$10.0K | -$196.0K | - | - | - |
| Financing cash flow | $623.0K | $16.04M | $2.63M | $3.44M | $5.92M | $1.16M | $705.0K | - | - | - |
| Stock-based compensation | $3.70M | $3.36M | $6.43M | $2.48M | $9.71M | $6.08M | $3.56M | - | - | - |
| Depreciation and amortization | $172.0K | $187.0K | $163.0K | $133.0K | $135.0K | $135.0K | $130.0K | - | - | - |
Key ratios
Source: XBRL data Aptera Motors Corp. files with the SEC, latest filing dated Aug 12, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
SEV peers
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| SEV | - | - | -$42.05M | - | $93.3M |
| TSLA | $103.57B | +8.3% | $3.22B | 3.1% | $1.49T |
| TM | ¥50.68T | +5.5% | ¥3.85T | 7.6% | $284.80B |
| RACE | €7.15B | +7.0% | €1.60B | 22.3% | $98.00B |
| GM | $186.95B | -0.3% | $4.08B | 2.2% | $75.62B |
| PCAR | $29.08B | -1.5% | $2.76B | 9.5% | $55.67B |
| F | $186.97B | -1.4% | -$7.79B | -4.2% | $50.00B |
| HMC | ¥21.80T | +0.5% | -¥423.94B | -1.9% | $46.50B |
| RIVN | $6.48B | +11.1% | -$2.98B | -45.9% | $20.45B |
SEV FAQ
6 questionsIs SEV profitable?
No. Aptera Motors Corp. reported a net loss of $42.05M for the twelve months ended Jun 30, 2026.How much cash and debt does SEV have?
Aptera Motors Corp. reported $10.13M in cash and cash equivalents on its most recent balance sheet in SEC filings.What is SEV free cash flow?
Aptera Motors Corp. generated -$25.67M of free cash flow for the twelve months ended Jun 30, 2026, which is operating cash flow of -$24.07M less capital expenditures.What is SEV earnings per share?
Diluted earnings per share were -$1.43 for the twelve months ended Jun 30, 2026, from SEC filings, restated for any stock split those filings show.When did SEV last report financial results?
The latest statements here come from Aptera Motors Corp.'s 10-Q filed on Aug 12, 2026, covering the period ended Jun 30, 2026.Where does this SEV financial data come from?
Quantisnow builds these statements from the structured XBRL data Aptera Motors Corp. files with the SEC. It is provided for information only and is not investment advice.