Aptera Motors Reports Q4 2025 Net Loss of $15.5 Million, Full Year Loss of $43.9 Million
Aptera Motors reported a Q4 2025 GAAP net loss of $15.5 million and a full-year net loss of $43.9 million, while ending the year with $9.6 million in cash.
$15.5 million
$43.9 million
$9.6 million
What Happened
Aptera Motors reported Q4 2025 GAAP net loss of $15.5 million and full year net loss of $43.9 million, compared to losses of $8.9 million and $34.9 million in the same periods last year. The solar electric vehicle maker ended 2025 with $9.6 million in cash. The company is focused on building its validation assembly line and completing durability testing.
Raised $9.0 million in a follow-on public offering
Received Foreign-Trade Zone designation for Carlsbad assembly facility
Completed $6.3 million warrant inducement transaction, contributing to $17.1 million raised in Q1 2026
Secured twelve-month lease extension for primary facility through March 31, 2028
“Our fourth quarter capped a transformative year for Aptera as we transitioned to a publicly traded company and began standing up our validation assembly line. We are laser-focused on completing our durability testing and leveraging the $17.1 million in new capital raised in early 2026 to lock in long-lead components, as we work toward our target of getting Aptera on the road. Our goal remains simp”
Why this matters
The results highlight Aptera's financial position as it works toward low-volume production of its solar EV, relying on capital raises and a grant to fund operations.
Terms in This Story
- GAAP
- Generally Accepted Accounting Principles, a standard set of accounting rules used for financial reporting.
- Non-GAAP
- Financial measures that exclude certain expenses to provide an alternative view of performance, not required by GAAP.
- Validation assembly line
- A production line used to build and test pre-production vehicles to validate design and manufacturing processes.
- Foreign-Trade Zone
- A designated area where goods can be imported without customs duties or taxes until they are moved into U.S. commerce.
Summarised from the linked release; details can be imperfect — always verify against the original source.