Aptera Motors Reports Q3 2026 Financial Results

Carlsbad, California, USA - Aptera Motors Corp. (NASDAQ: SEV), a solar mobility company advancing ultra-efficient transportation, reported its financial results for the third quarter and nine months ended September 30, 2026.

During the third quarter, Aptera reported a GAAP net loss of $14.0 million and an adjusted net loss of $10.2 million. For the first nine months of 2026, the company posted a GAAP net loss of $35.0 million and an adjusted net loss of $23.5 million. Operating expenses for the quarter reached $13.65 million, while the company ended the period with $9.2 million in cash and cash equivalents, which includes $4.1 million of refundable reservation fees.

Financial Highlights

• Q3 2026 GAAP Net Loss: $14.0 million ($0.35 per share)
• Q3 2026 Adjusted Net Loss: $10.2 million ($0.25 per share)
• First Nine Months 2026 GAAP Net Loss: $35.0 million ($0.96 per share)
• First Nine Months 2026 Adjusted Net Loss: $23.5 million ($0.65 per share)

Aptera advanced its manufacturing and operational readiness by issuing purchase orders for bodies and chassis for its initial production vehicles. The company also established a strategic partnership agreement with Shanghai Launch Automotive Technology to support manufacturing and contract engineering, aiming to reduce capital needs ahead of production scale-up. As of September 30, 2026, Aptera recorded more than 49,000 vehicle reservations.