AEye Q3 revenue rises to $506 thousand; expects first $1 million quarter in Q4
AEye reported third quarter 2026 revenue of $506 thousand, about 10 times the $50 thousand in Q3 2025, and gave its first revenue guidance, expecting fourth quarter revenue to roughly double to about $1 million. The GAAP net loss widened to $11.2 million from $9.3 million, but the loss per share narrowed to $0.24 from $0.30, and the company expects 2026 cash consumption of $35 million.
Key points
- Q3 2026 revenue was $506 thousand, up from $50 thousand in Q3 2025 and about 2.5 times Q2 2026
- GAAP net loss was $11.2 million, or $0.24 per share, versus $9.3 million, or $0.30 per share, a year earlier
- Gross margin improved to (35)% from (80)% in Q2 2026
- Q4 2026 revenue is expected to approximately double Q3 revenue to about $1 million; full-year 2026 cash consumption is expected to be $35 million
The filing
Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 05, 2026.
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