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Eve Holding (EVEX)

Earnings summaries and quarterly performance for Eve Holding.

Recent press releases and 8-K filings for EVEX.

Eve Air Mobility Selects Beta Technologies for eVTOL Motor Supply
EVEX
New Projects/Investments
Product Launch
  • Eve Air Mobility has chosen Beta Technologies to provide electric pusher motors for its eVTOL program, a partnership potentially valued at up to $1 billion over ten years.
  • This collaboration is a key step in Eve's eVTOL development, with the first flight of its conforming prototype anticipated in late 2025 or early 2026.
  • Eve's eVTOL design utilizes a lift-plus-cruise configuration and has a substantial backlog of 2,800 aircraft orders, indicating strong market demand.
  • Despite this significant partnership, Beta Technologies is currently facing financial challenges, including issues with profitability and revenue growth.
5 days ago
Eve Holding Subsidiary Secures Financing for eVTOL Engine Development
EVEX
Debt Issuance
New Projects/Investments
  • Eve Holding, Inc.'s wholly-owned subsidiary, Eve Soluções de Mobilidade Aérea Urbana Ltda. (Eve Brazil), entered into a financing agreement with the Brazilian Development Bank (BNDES) on November 18, 2025.
  • The agreement provides two lines of credit totaling R$200 million, equivalent to approximately U.S.$37.9 million, to support the engine development phase of electric vertical takeoff and landing vehicles (eVTOLs).
  • The credit is divided into Sub-credit A of R$160 million (approx. U.S.$30.3 million) with a 7.88% annual interest rate, and Sub-credit B of R$40 million (approx. U.S.$7.6 million) with a 1.10% annual interest rate plus a fixed rate.
  • Eve Brazil must utilize these credit lines within 18 months from the signing date, with principal repayment scheduled in 26 semiannual installments from May 2028 to November 2040.
Nov 20, 2025, 2:31 PM
EVEX Reports Q3 2025 Results, Secures New Funding, and Advances Prototype Testing
EVEX
Earnings
Guidance Update
New Projects/Investments
  • EVEX successfully completed a new funding raise of $230 million in August 2025, significantly improving its cash position to its highest level ever and extending its cash runway to approximately 2.5 years, sufficient to fund operations and R&D through 2027.
  • For the third quarter of 2025, EVEX reported a net loss of $47 million and consumed $60 million in cash from operations. The company is on track to meet the lower end of its full-year 2025 cash consumption guidance, projected between $200 million and $250 million.
  • The company is in the final stages of testing its engineering prototype, with the first flight expected by the end of 2025 or early 2026, and remains on schedule for type certification and entry into service in 2027.
  • EVEX's total preorder backlog is approximately 2,800 aircraft, representing a value close to $14 billion, and it has secured contracts for aftermarket products and services with 14 customers, potentially generating up to $1.6 billion in revenue.
Nov 4, 2025, 1:00 PM
EVEX Reports Q3 2025 Financials and Operational Milestones
EVEX
Earnings
New Projects/Investments
Product Launch
  • EVEX reported a net loss of $(46.9) million and Free Cash Flow of $(60.7) million for Q3 2025.
  • The company's total liquidity, including cash, financial investments, and credit lines, reached $534.3 million at the end of Q3 2025, following an equity capital raise of $230 million. This liquidity is projected to last for approximately 2.5 years, based on an estimated annual cash burn of ~$200 million.
  • Significant product development milestones include the imminent first flight of the Full-Scale Prototype, Embraer's selection to supply landing gear, and the operational status of the Iron Bird ground prototype.
  • EVEX has accumulated pre-orders for approximately 2,800 eVTOLs, with a total pre-order book value of ~$14 billion.
Nov 4, 2025, 1:00 PM
Eve Holding, Inc. Subsidiary Enters Master Services Agreement with Embraer for eVTOL Production
EVEX
New Projects/Investments
  • Eve UAM, LLC, a wholly owned subsidiary of Eve Holding, Inc., entered into a Master Services Agreement 2 (MSA 2) with Embraer S.A., dated September 2, 2025, and effective January 1, 2025.
  • The MSA 2 outlines that Embraer will provide support services to Eve for an industrialization project, focusing on developing processes and procedures for the production of electric vertical takeoff and landing (eVTOL) vehicles and plant operations at Eve's facility in Taubaté, S.A. Brazil.
  • The services will be implemented in three phases: factory implementation, assisted operation, and continuous improvement, with the assisted operation phase aiming to ramp up production capacity to a forecasted maximum number of eVTOLs per year.
  • Under the agreement, Eve will own all Foreground Intellectual Property, while Embraer will receive an exclusive license to use this IP outside of the Urban Air Mobility (UAM) business.
Sep 25, 2025, 10:05 AM