Aptera net loss widens 26% to $44 million in FY25

Reuters03-31
Aptera net loss widens 26% to $44 million in FY25
  • Aptera posted a net loss of $44 million for fiscal 2025, widening from 2024.
  • Revenue remained absent as Aptera has not commenced production or delivered vehicles.
  • Operating loss deepened as selling, general and administrative expenses climbed 33% to $27 million.
  • Research and development costs increased 25% to $21 million as Aptera continued validation vehicle builds and testing.
  • Outlook: Management estimated it needs USD 45 million to USD 50 million to complete validation and prepare for low-volume production, with work expected to take 12–18 months once capital is fully secured.


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