AEye Inc
aeye.aiWhat Do They Do?
Sells active lidar sensors and related software to vehicle makers, commercial vehicle operators, and non-automotive system integrators.
10-K for FY2025, filed Mar 18, 2026We are a provider of physical AI sensing solutions built on high-performance, active lidar systems for vehicle autonomy, advanced…View ↗
Our systems‑based approach supports partnerships not only within the established automotive supply chain, such as OEMs and Tier 1 and Tier…View ↗
Beyond automotive, our OPTISTM solution enables us to collaborate directly with system integrators, software partners, and domain‑specific…View ↗
We generally begin our customer engagements through direct sales, both in Automotive and Non‑Automotive markets. In the early phases of…View ↗
How Do They Make Money?
Customers buy lidar products, with sales counted when the goods are delivered. They also fund engineering and development work, which may be provided over time or at a point in time depending on the agreement.
10-K for FY2025, filed Mar 18, 2026Revenue from the sale of products is generally recognized at a point in time when control of the goods is transferred. Certain sales…View ↗
Revenue from development arrangements is either recognized at a point in time or over time depending on the performance obligations in the…View ↗
The Company has entered into research and development contracts as well as a sales, marketing, and technical support service contract with…View ↗
$233K
-
10-K for FY2025, filed Mar 18, 2026
$233K ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Product
Sold outright
10-K for FY2025, filed Mar 18, 2026 |
67%
FY2022: 48%
|
Product, FY2025
$157K Sources
|
Sold outright |
|
Technology Service
|
33%
FY2022: 52%
|
Technology Service, FY2025
$76K Sources
|
Who Are Their Customers?
Vehicle makers and commercial customers work directly with AEye or through integrators during early evaluations and pilot programs. Mature automotive programs are expected to go through Tier 1 suppliers, while non-automotive sales are direct or through system integrators and solution providers.
10-K for FY2025, filed Mar 18, 2026We generally begin our customer engagements through direct sales, both in Automotive and Non‑Automotive markets. In the early phases of…View ↗
As Automotive programs mature and move toward higher‑volume series production, we expect these relationships to transition to a traditional…View ↗
For Non‑Automotive markets, we expect that most engagements will continue to be supported either through direct sales or through system…View ↗
Historically, we have utilized a combination of direct sales and indirect channel relationships. In practice, we generally begin our…View ↗
In the Automotive market, as customer programs mature and move toward higher‑volume series production, we expect these relationships to…View ↗
In parallel, we are increasing our investment in direct sales channels in the Non‑Automotive market, where customers often purchase…View ↗
Do Revenues Turn Into Profits?
No. It lost $34M in FY2025.
10-K for FY2025, filed Mar 18, 2026
−$31.7MView ↗
10-K for FY2025, filed Mar 18, 2026
−$34MView ↗
10-K for FY2025, filed Mar 18, 2026
−$27.9MView ↗
How Are They Changing?
- Net income
-
Sources
10-Q for Q2 FY2026, filed Aug 6, 2026
−$10MView ↗
- ▲ +8% (Loss)
- vs −$9.3M in Q2 FY2025
10-Q for Q2 FY2026, filed Aug 6, 2026
Open tableView ↗
-
Sep 1, 2026
Lunar Outpost selected Apollo for its lunar terrain vehicle
The engagement takes AEye into the space mobility market.
Sources
8-K, filed Sep 1, 2026
AEye’s Apollo™ Lidar Selected by Lunar Outpost for Pegasus Lunar Terrain Vehicle, Opening a New Market Category in Space MobilityView ↗
Shrinking. Revenue fell 92% in 4 years, from $3M in FY2021 to $233K in FY2025, about 47% a year.
Non-automotive commercialization
The earlier report described industrial lidar uses, while the latest says AEye wound down its legacy non-automotive product line and is pursuing new engagements and development programs around Apollo.
10-K for FY2022, filed Mar 16, 2023 10-K for FY2025, filed Mar 18, 2026
Expanded product offering
The earlier report described an intelligent-sensing lidar platform with an optional camera; the latest report also describes Apollo and OPTIS as a lidar sensor and a complete sensing-and-computing system.
10-K for FY2022, filed Mar 16, 2023 10-K for FY2025, filed Mar 18, 2026We are a provider of high-performance, active lidar systems technology for vehicle autonomy, advanced driver-assistance systems, or ADAS…View ↗
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