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AEye — Third Quarter 2026 Earnings Summary

  • Q3 2026 revenue surged 10x year-over-year to $506,000 and 2.5x sequentially, while gross margin improved 45 percentage points to (35)%; GAAP and Non-GAAP net losses were $(11.2) million and $(7.2) million, respectively.
  • Q4 2026 revenue guidance expects to approximately double to $1 million, driven by Apollo™ commercial programs, with full-year 2026 cash consumption projected at $35 million and a target to reduce 2027 consumption by 15%.
  • Customer base expanded to 32 with 28% sequential growth, while new revenue streams emerged from the Lunar Outpost Program, STRATOS™ counter-UAS systems, and sports analytics applications.
  • The company maintains a virtually debt-free balance sheet with $63.1 million in cash and marketable securities, sufficient to support operations and multi-year commercial programs into 2028.
Company
AEYE INC
Sector
Technology
Industry
Software - Infrastructure