Eve Holding (EVEX)
NYSE:EVEX
Earnings Data
Report Date
May 12, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.16Last Year’s EPS
-0.16Same Quarter Last Year
Moderate Buy
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized meaningful technical progress (first flights, 28 flights to date, validated key systems), strong commercial interest (firm AirX order, ~2,700-aircraft backlog) and a robust liquidity position (>$540M, increased to $641M after financing). At the same time, the company remains pre‑operational with recurring net losses, an expected increase in cash burn in 2026, rework on means-of-compliance to align with new regulations, and ongoing certification and execution risks. Overall, the positive operational milestones and commercial pipeline materially outweigh the typical pre‑revenue company challenges, though certification and increased near-term cash burn remain key risks to monitor.Company Guidance
Successful Prototype Flight Campaign Initiation
Completed first flight (Dec 19) and to date performed 28 flights totaling 1 hour 6 minutes of flight time (≈66 minutes). Prototype validated control laws, eight-lifter integration, energy management, dynamic response and noise footprint; transitioned to longer flights, higher altitudes and on-air maneuvers. Current progress represents ~9.3% of the ~300-flight campaign planned for 2026 (28/300).
Clear Roadmap for Flight Campaign Phases
Defined four-phase campaign (hover/initial maneuvers, partial transition <30 knots, cruise beyond transition, failure/injection testing) with planned ramp to ~300 flights in 2026 to gather data for TOP certification and envelope expansion.
Commercial Momentum and Large Preorder Backlog
Signed a firm order with Japan AirX (2 firm + option for 48). Total preorder backlog ~2,700 aircraft with an estimated list value of ~$13.5 billion (2025 list prices).
Aftermarket and ATM Revenue Potential
Secured 14 customers for the Eve TechCare aftermarket suite (potential ~ $1.6 billion in revenue) and 21 customers for Vector air traffic management. TechCare potential represents ~11.9% of the ~$13.5B backlog value (1.6/13.5 ≈ 11.9%).
Strong Liquidity Position
Ended 2025 with total liquidity of $541 million (cash ~$390–$393 million + $150 million undrawn BNDES facility). After a new syndicated loan, total liquidity increased to $641 million (an increase of $100M, ≈18.5%). Company states liquidity is sufficient to cover capital needs well into 2028.
Supplier Engagement and Early Production Preparations
Critical suppliers for propulsion, electrical systems and flight control are engaged. Some long-lead components and tooling (doors, propellers, wing tooling, folding 4‑blade propeller mechanism) are already in manufacture; CDR work advancing to kick-start prototype production.
Disciplined Cost Profile and R&D Investment
2025 R&D spend was $195 million (Q4 R&D $59 million, ≈30.3% of full-year R&D). SG&A for full year $31 million. Operations cash consumption for 2025 reported at $175 million (or $196 million if adjusted for slipped invoices), near the low end of prior guidance.
Production Scalability Plan
Modular industrialization approach at Taubaté with an initial module capacity of 120 aircraft/year scalable to 480/year before additional facilities are required.
EVEX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
EVEX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 16, 2026 | $2.79 | $2.57 | -7.89% |
Nov 04, 2025 | $4.13 | $3.98 | -3.63% |
Aug 06, 2025 | $6.70 | $5.99 | -10.60% |
May 12, 2025 | $3.88 | $3.85 | -0.77% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Eve Holding (EVEX) report earnings?
Eve Holding (EVEX) is schdueled to report earning on May 12, 2026, Before Open (Confirmed).
What is Eve Holding (EVEX) earnings time?
Eve Holding (EVEX) earnings time is at May 12, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is EVEX EPS forecast?
EVEX EPS forecast for the fiscal quarter 2026 (Q1) is -0.16.