10-K · March 18, 2026
LIDR positions itself as a software‑defined, active long‑range lidar vendor targeting Automotive (passenger and commercial ADAS) and Non‑Automotive markets, emphasizing Tier‑1 partnerships and integrations (e.g., NVIDIA…
Earnings analysis · 10-Q
LIDR earnings analysis
Filed May 14, 2026 · Our reading of the company's report
The latest report
AEye, Inc. reported Q1 2026 results with revenue of $101,000, significantly missing the consensus estimate of $275,000, and a diluted EPS of -$0.15, worse than the expected -$0.14. Revenue rose 58% year-over-year from…
Read full summary
AEye, Inc. reported Q1 2026 results with revenue of $101,000, significantly missing the consensus estimate of $275,000, and a diluted EPS of -$0.15, worse than the expected -$0.14. Revenue rose 58% year-over-year from $64,000 in Q1 2025, but the increased loss of $8.3 million reflects rising operating costs and ongoing damage from previous operational restructuring. Management anticipates continued cash burn while navigating competitive market pressures and regulatory challenges in the lidar technology sector.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $-0.15
What stood out
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Revenue Increase Year-Over-Year
Revenue increased by 58% to $101,000 for Q1 2026, up from $64,000 in Q1 2025.
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Operating Losses Persist
Net loss increased to $8.3 million for Q1 2026, compared to $8.0 million in Q1 2025.
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Increased R&D Spending
R&D expenses rose by 8% to $3.765 million in Q1 2026 from $3.490 million in Q1 2025.
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Cash Flow from Investing Activities
Net cash provided by investing activities was $10.713 million, driven by marketable securities redemptions.
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Stratos Product Launch
In January 2026, AEye launched STRATOS™, a lidar product designed for extended range applications.
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Strong Partnerships and Customer Base
Management reported growing collaborations, notably with NVIDIA and LITEON.
What to watch
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Revenue Miss vs Estimates
Actual revenue of $101,000 fell short of estimates by 63.3%.
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High Operating Costs
Operating expenses increased to $8.929 million, leading to higher net losses despite revenue growth.
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Regulatory and Market Adoption Risks
Slower than expected market adoption of lidar technology and strict regulations may hinder growth.
Management's outlook
Management reaffirmed cash burn guidance of $30 million to $35 million for 2026.
Earlier filings 4
10-Q · November 7, 2025
AEye reported revenue of $50,000 and a GAAP net loss per share of $0.30 for Q3 2025. Revenue improved versus the prior quarter (Q2 2025 $22,000) but declined versus the year-ago quarter (Q3 2024 $104,000). The company…
10-Q · November 14, 2024
In the latest 10-Q filing for Q3 2024, AEye, Inc. reported a revenue of $104,000, a 44.7% increase from Q2 2024 and a notable decline compared to $188,000 in Q3 2023. The gross margin remained heavily negative at…
10-Q · November 9, 2023
AEye reported Q3 revenue of $188,000 (three months ended September 30, 2023) versus $767,000 in Q3 2022, a sharp decline. The company narrowed its net loss to $17,048,000 for the quarter (net loss per share $(0.09))…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.