I'm LongbridgeAI, I can summarize articles.Revenue: As of FY2026 Q1, the actual value is USD 101 K.
EPS: As of FY2026 Q1, the actual value is USD -0.18.
EBIT: As of FY2026 Q1, the actual value is USD -9.652 M.
AEye, Inc. reported its financial results for the quarter ended March 31, 2026 .
Net Loss
- GAAP net loss for Q1 2026 was -$8.3 million, compared to -$8,016 thousand in Q1 2025 .
- Non-GAAP net loss for Q1 2026 was -$6.7 million .
Operational Metrics
- Gross loss in Q1 2026 was -$100 thousand, an increase from -$32 thousand in Q1 2025 .
- Loss from operations in Q1 2026 was -$9,029 thousand, compared to -$6,800 thousand in Q1 2025 .
- Total operating expenses for Q1 2026 were $8,929 thousand, up from $6,768 thousand in Q1 2025 .
- Research and development expenses were $3,765 thousand in Q1 2026, compared to $3,490 thousand in Q1 2025 .
- Sales and marketing expenses were $986 thousand in Q1 2026, compared to $383 thousand in Q1 2025 .
- General and administrative expenses were $4,178 thousand in Q1 2026, compared to $2,895 thousand in Q1 2025 .
Cash Flow
- Cash burn in Q1 2026 was $9.2 million .
- Net cash used in operating activities in Q1 2026 was -$8,555 thousand, compared to -$7,803 thousand in Q1 2025 .
- Net cash provided by investing activities in Q1 2026 was $10,713 thousand, a shift from net cash used of -$8,578 thousand in Q1 2025 .
- Net cash used in financing activities in Q1 2026 was -$352 thousand, compared to net cash provided of $11,382 thousand in Q1 2025 .
Balance Sheet
- Cash, cash equivalents, and marketable securities totaled $77.2 million as of March 31, 2026 .
Unique Metrics
- The active customer count grew to 21, representing a 31% increase since Q4 results in March 2026 .
- Quarter over quarter, both quotes and engagements increased by nearly 40% .
Outlook / Guidance
AEye reaffirms its expectation for full-year 2026 cash burn to be in the range of $30 million to $35 million, including approximately $5 million in working capital . The company projects its current cash balance to provide an operational runway well into 2028 . For the remainder of 2026, the focus is on advancing deployments and building a durable revenue ramp .