Eve Earnings Reports

Eve Holding, Inc. reported a net loss of $48.8 million in Q1 2025, an increase from $25.3 million in Q1 2024, primarily due to higher Research & Development expenses related to the development of their eVTOL aircraft and Urban Air Mobility ecosystem. The company is pre-revenue and expects financial results to be focused on development costs during this phase.

Eve Air Mobility reported a net loss of $35.8 million in Q3 2024, which increased compared to a net loss of $31.2 million in Q3 2023. The increase was due to higher Research & Development (R&D) and Selling, General & Administrative (SG&A) expenses. Eve's total cash used by operations and capital expenditures in 3Q24 was $34.0 million. Cash, Cash Equivalents and Financial Investments totaled $279.8 million at the end of 3Q24.

Eve Air Mobility reported a net loss of $36.4 million in Q2 2024, which increased compared to a net loss of $31.4 million in Q2 2023. The increase was primarily driven by higher Research & Development expenses, partially offset by lower Selling, General & Administrative expenses and a gain in the fair value of derivatives. Eve's total cash used by operations and capital expenditures in 2Q24 was $31.4 million.

Eve Air Mobility reported a net loss of $25.3 million in Q1 2024, a slight decrease from $25.8 million in Q1 2023. The net loss was influenced by higher R&D and SG&A expenses, which were partially offset by a gain related to the fair value of derivatives. The company's cash used by operations and capital expenditures totaled $35.9 million.

Eve Air Mobility reported a net loss of $39.3 million in Q4 2023, which was higher compared to the previous year, primarily due to increased Research & Development expenses. However, the company achieved several milestones in its eVTOL development program, including supplier selection and prototype production, and secured Service & Operations Solutions contracts.

Eve Air Mobility reported a net loss of $31.2 million in Q3 2023, compared to a net loss of $36.7 million in Q3 2022. The increased losses were primarily due to higher Research & Development (R&D) and Selling, General & Administrative (SG&A) expenses, partially offset by financial investment income and FX gains. Total liquidity, including undrawn BNDES credit lines, stood at $342.5 million.

Eve reported a strong Q2 2023, with record revenue driven by cloud services and strategic investments. The company exceeded expectations in EPS and demonstrated significant growth in key segments.

Eve Air Mobility reported a net loss of $25.8 million in Q1 2023, compared to a $10.0 million loss in Q1 2022. The increased loss was primarily due to higher Research & Development (R&D) and Selling, General & Administrative (SG&A) expenses, which was partially offset by financial investment income and FX gains. Total cash consumption for the quarter was $19.9 million, and the company's liquidity position at the end of Q1 2023 was $294.6 million. The company is progressing with the development of its eVTOL program, with plans to start assembling the first full-scale prototype in the second half of 2023.

Eve reported a net loss of $20.1 million in 4Q22, compared to a net loss of $8.3 million in 4Q21. The increased loss was driven by higher Research & Development (R&D) and Selling, General & Administrative (SG&A) expenses. The company's total liquidity at the end of 2022 was $310.6 million.

Eve Air Mobility reported a net loss of $36.7 million in Q3 2022, driven by increased R&D and SG&A expenses, and non-cash warrant expenses. The company's cash position at the end of the quarter was $329.9 million. Eve also announced support from Brazil’s National Development Bank (BNDES) with two credit lines totaling $92.5 million.

Eve reported a net loss of $11.8 million in Q2 2022, which was primarily driven by higher Research & Development (R&D) expenses and Selling, General & Administrative (SG&A) costs. The company's cash position significantly increased due to capital raised from PIPE and de-SPAC transactions.