EVEX
Eve Holding, Inc.
Next earnings Aug 4, 2026 · consensus $-0.19 EPS
Last earnings -16.7% on 2026-05-05
$2.43
▲ 0.00%$2.43▼ -63.68%
over 1Y
L $2.40EODHDH $7.43
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today+0.0%
1W-0.0%
1M-25.2%
3M+0.0%
YTD-42.0%
1Y-63.7%
Avoid
Conviction
Horizon
Long (>12mo)
Street · 15 analysts
Buy
Pre-revenue eVTOL story burning $160M/yr cash with first uncrewed flight only in Dec 2025 — years from certification, dilution and debt piling up.
Net income -$224M · FY2025
Eve Holding is a pre-revenue eVTOL developer whose own 10-K states plainly that 'To date, Eve has not generated any revenue' and that it 'will require substantial additional capital to develop products and fund operations for the foreseeable future.' The numbers confirm a deeply pre-commercial business: five straight years of losses culminating in a -$224M net loss for FY2025 (a 62% YoY widening), -$160M operating cash burn, and a -$707M accumulated deficit. R&D jumped 50% to $195M as the program scales toward certification, and the first uncrewed full-scale prototype flight only occurred on December 19, 2025 — meaning type certification, production ramp, and meaningful deliveries are still multiple years away in a regulatory environment the filing explicitly flags as a risk.
Financials · annual, by fiscal year
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| Operating income | -$18.2M | -$189M | -$131M | -$156M | -$225M |
| Net income | -$18.3M | -$174M | -$128M | -$138M | -$224M |
| Diluted EPS | -$0.08 | -$0.68 | -$0.46 | -$0.48 | -$0.70 |
| Net margin | — | — | — | — | — |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value$923M
EV / EBITDA—
EV / Sales—
EV / FCF—
P / FCF—
PEG (trailing)—
Earnings yield-26.5%
FCF yield-20.4%
Quality & risk
ROIC (est.)-58.7%
Free cash flow-$173M
Total debt$180M
Net cash-$76.6M
Piotroski F-Score2/7
Capital returns
Buyback yield—
Dividend yield (est.)—
Shareholder yield—
Shares Δ YoY+17.0%
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Disclosure timeline
SEC · 8-Ks + reportsSome governance/structural items recently, but no outright red flags.
- 8-K Shareholder vote2026-05-22
Annual meeting vote results disclosed; routine governance, no operational change
- 8-K Earnings results2026-05-05
Q1'26 10-Q: still pre-revenue, continued opex/R&D burn against growing debt stack
- 10-Q Quarterly report2026-05-05
Q1'26 10-Q: still pre-revenue, continued opex/R&D burn against growing debt stack
- DEF 14A Proxy statement2026-04-09
2026 proxy; routine board/compensation matters ahead of annual meeting
- 8-K Earnings results2026-03-16
FY25 10-K: first uncrewed full-scale eVTOL flight Dec 19, but -$224M loss, $103M cash
- 10-K Annual report2026-03-16
FY25 10-K: first uncrewed full-scale eVTOL flight Dec 19, but -$224M loss, $103M cash
- 8-K Officer / director change2026-01-29
Executive/director change disclosed; leadership transition with no stated financial impact
- 8-K Material agreement2026-01-16
$150M Itau-led syndicated loan to EVE UAM extends runway through certification push
- 8-K Material agreement2025-12-29
BNDES ~$38M credit lines secured for electric-motor development; non-dilutive funding
Recent filings
all on EDGAR ↗4Period ending 2026-06-092026-06-09open ↗4Period ending 2026-06-092026-06-09open ↗4Period ending 2026-06-092026-06-09open ↗8-KPeriod ending 2026-05-212026-05-22open ↗4Period ending 2026-05-092026-05-11open ↗4Period ending 2026-05-092026-05-11open ↗4Period ending 2026-05-092026-05-11open ↗4Period ending 2026-05-092026-05-11open ↗4Period ending 2026-05-092026-05-11open ↗8-KPeriod ending 2026-05-052026-05-05open ↗10-QPeriod ending 2026-03-312026-05-05open ↗ARSPeriod ending 2025-12-312026-04-09open ↗
Frequently asked
- Is Eve Holding, Inc. (EVEX) a buy?
- EVEX currently carries a Avoid rating with 4/5 conviction, derived from its latest SEC filings. Pre-revenue eVTOL story burning $160M/yr cash with first uncrewed flight only in Dec 2025 — years from certification, dilution and debt piling up.
- What is Eve Holding, Inc.'s quality score?
- EVEX scores 30.743589743589745/100 (grade F) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0001823652, latest 10-Q filed 2026-05-05) · EODHD · analysis by claude-code · as of 6/25/2026, 2:37:06 PM.
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