<span item_type="fundamental" item_id="fd69fc3ea3a950ba19ea8fcff74264cc" counter_id="ST/US/LIDRW" env="prod"></span><span item_type="announcement" item_id="648013124573921281" env="prod"></span><p>Revenue: As of FY2026 Q1, the actual value is USD 101 K.</p><p>EPS: As of FY2026 Q1, the actual value is USD -0.18.</p><p>EBIT: As of FY2026 Q1, the actual value is USD -9.652 M.</p><p></p><p>AEye, Inc. reported its financial results for the quarter ended March 31, 2026 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1818644/000121390026055802/ea0290381-8k_aeye.htm"></span>.</p><h4>Net Loss</h4><ul><li>GAAP net loss for Q1 2026 was -$8.3 million, compared to -$8,016 thousand in Q1 2025 <span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1818644/000121390026055802/ea029038101ex99-1.htm"></span>.</li><li>Non-GAAP net loss for Q1 2026 was -$6.7 million <span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1818644/000121390026055802/ea029038101ex99-1.htm"></span>.</li></ul><h4>Operational Metrics</h4><ul><li>Gross loss in Q1 2026 was -$100 thousand, an increase from -$32 thousand in Q1 2025 <span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1818644/000121390026055802/ea029038101ex99-1.htm"></span>.</li><li>Loss from operations in Q1 2026 was -$9,029 thousand, compared to -$6,800 thousand in Q1 2025 <span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1818644/000121390026055802/ea029038101ex99-1.htm"></span>.</li><li>Total operating expenses for Q1 2026 were $8,929 thousand, up from $6,768 thousand in Q1 2025 <span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1818644/000121390026055802/ea029038101ex99-1.htm"></span>.<ul><li>Research and development expenses were $3,765 thousand in Q1 2026, compared to $3,490 thousand in Q1 2025 <span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1818644/000121390026055802/ea029038101ex99-1.htm"></span>.</li><li>Sales and marketing expenses were $986 thousand in Q1 2026, compared to $383 thousand in Q1 2025 <span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1818644/000121390026055802/ea029038101ex99-1.htm"></span>.</li><li>General and administrative expenses were $4,178 thousand in Q1 2026, compared to $2,895 thousand in Q1 2025 <span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1818644/000121390026055802/ea029038101ex99-1.htm"></span>.</li></ul></li></ul><h4>Cash Flow</h4><ul><li>Cash burn in Q1 2026 was $9.2 million <span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1818644/000121390026055802/ea029038101ex99-1.htm"></span>.</li><li>Net cash used in operating activities in Q1 2026 was -$8,555 thousand, compared to -$7,803 thousand in Q1 2025 <span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1818644/000121390026055802/ea029038101ex99-1.htm"></span>.</li><li>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 <span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1818644/000121390026055802/ea029038101ex99-1.htm"></span>.</li><li>Net cash used in financing activities in Q1 2026 was -$352 thousand, compared to net cash provided of $11,382 thousand in Q1 2025 <span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1818644/000121390026055802/ea029038101ex99-1.htm"></span>.</li></ul><h4>Balance Sheet</h4><ul><li>Cash, cash equivalents, and marketable securities totaled $77.2 million as of March 31, 2026 <span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1818644/000121390026055802/ea029038101ex99-1.htm"></span>.</li></ul><h4>Unique Metrics</h4><ul><li>The active customer count grew to 21, representing a 31% increase since Q4 results in March 2026 <span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1818644/000121390026055802/ea029038101ex99-1.htm"></span>.</li><li>Quarter over quarter, both quotes and engagements increased by nearly 40% <span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1818644/000121390026055802/ea029038101ex99-1.htm"></span>.</li></ul><h4>Outlook / Guidance</h4><p>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 <span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1818644/000121390026055802/ea029038101ex99-1.htm"></span>. The company projects its current cash balance to provide an operational runway well into 2028 <span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1818644/000121390026055802/ea029038101ex99-1.htm"></span>. For the remainder of 2026, the focus is on advancing deployments and building a durable revenue ramp <span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1818644/000121390026055802/ea029038101ex99-1.htm"></span>.</p>

AEye - CW27 | 8-K: FY2026 Q1 Revenue: USD 101 K