Income statement, balance sheet and cash flow statement for the last 2 fiscal years, taken from the XBRL data Aptera Motors Corp files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2025
FY2025
Research and development
17
21.3
Selling, general and administrative
20.1
26.8
Operating expenses
37.1
48.1
Operating income
-37.1
-48.1
Net income
-34.9
-43.9
EBITDA
-36.6
-47.5
EPS, basic
-1.52
-1.79
EPS, diluted
-1.52
-1.79
Shares, basic (weighted)
23
24.5
Shares, diluted (weighted)
23
24.5
Balance sheet
FY2025
FY2025
Cash and equivalents
13.2
9.61
Other current assets
0.38
0.51
Total current assets
14.4
10.1
Property, plant and equipment
16.9
17.8
Lease right-of-use assets
2.1
1.23
Total assets
34.9
30.2
Accounts payable
0.28
1.7
Accrued liabilities
1.16
2.54
Deferred revenue
4.09
4.08
Total current liabilities
6.55
9.47
Lease liabilities
1.47
0.31
Other non-current liabilities
0.02
0.02
Total liabilities
8.04
9.8
Paid-in capital
305
339
Retained earnings
-277
-319
Shareholders' equity
26.9
20.4
Total equity
26.9
20.4
Total liabilities and equity
34.9
30.2
Cash flow statement
FY2025
FY2025
Net income
-34.9
-43.9
Depreciation and amortization
0.5
0.57
Stock-based compensation
14.8
24.7
Change in payables
-4.5
1.42
Cash from operations
-22.5
-15.3
Capital expenditures
-3.57
-1.43
Cash from investing
-3.57
-1.43
Stock issued
23.5
14.3
Cash from financing
22.3
13.1
Net change in cash
-3.81
-3.55
Free cash flow
-26.1
-16.7
Interest paid
0.01
0.02
Income taxes paid
0
0
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $1.97 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Return on equity (ROE)
-172.5%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
-129.7%
Net income / average total assets.
Return on invested capital (ROIC)
-246.9%
Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
Growth
Metric
Value
How it is calculated
Book value growth, 1y
-24.0%
Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
-13.4%
Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y
6.3%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
1.68x
Current assets / current liabilities.
Quick ratio
1.43x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
1.43x
(Cash + short-term investments) / current liabilities.
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
FCF per share
-$0.70
Free cash flow / diluted weighted shares.
Operating cash flow per share
-$0.65
Cash from operations / diluted weighted shares.
Book value per share
$0.66
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/B
3.28x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
3.28x
Market cap / tangible book value, when positive.
FCF yield
-32.1%
Free cash flow / market cap.
Earnings yield
-52.6%
Net income / market cap (the inverse of P/E).
Was Aptera Motors Corp profitable in fiscal 2025?
No. It reported a net loss of $43.9M.
How much free cash flow did Aptera Motors Corp generate in fiscal 2025?
Cash from operations of $15.3M minus capital expenditures of $1.4M left free cash flow of -$16.7M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.