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Eve Holding, Inc. — Third Quarter 2026 Earnings Summary

  • **Financial Performance:** Net loss widened to $58.1 million in 3Q26 from $46.9 million in 3Q25, driven by higher R&D expenses ($48.3M vs. $44.9M) despite a decrease in SG&A ($6.0M vs. $7.0M); total liquidity declined to $470.4 million as debt increased to $322.1 million.
  • **Guidance & Outlook:** Full-year 2026 cash consumption is projected at the low-end of the $225M–$275M range due to Embraer synergies, with management confirming current funding sufficiency through 2028.
  • **Certification Milestones:** The engineering prototype has completed 73 flights validating 91% of checkpoints; the first certification-conforming prototype flight is targeted for H2 2027, with FAA Type Certificate validation expected in 2028.
  • **Order Pipeline:** The backlog stands at approximately 2,500 units valued at $12.6 billion, supported by 28 customers and non-binding service contracts for 1,100 eVTOLs expected to generate $1.5 billion in early revenues.
Company
EVE HOLDING INC
Sector
Industrials
Industry
Aerospace & Defense