Earnings ·
AEye, Inc. reported financial results for the quarter ended June 30, 2026, announcing Q2 revenue of $202 thousand…
LIDRAEye, Inc.
AEye, Inc. reported financial results for the quarter ended June 30, 2026, announcing Q2 revenue of $202 thousand, which doubled sequentially and grew approximately nine-fold year-over-year from $22 thousand. First-half revenue totaled $303 thousand, exceeding full-year 2025 totals. The company reported a GAAP net loss of $(10.0) million, or $(0.22) per share, with cash consumption of $7.5 million and ending cash balances of $71.5 million. Commercial highlights include securing a new sports analytics deal with Alive3D, validation on the NVIDIA DRIVE AGX Thor platform, and a third consecutive purchase order from its lead defense customer. The company reaffirmed its full-year 2026 cash consumption outlook of $30 million to $35 million. AEye operates in the lidar sensor industry, providing software-defined high-performance lidar solutions for automotive, defense, and infrastructure applications.