Eve Holding Earnings Call Transcripts
Fiscal Year 2026
-
Key milestones achieved in prototype testing and certification progress, with a $13.5B pre-order backlog and strong liquidity of $531M supporting operations through 2028. Cost synergies with Embraer and disciplined CapEx planning underpin confidence in meeting certification and entry-to-service targets.
-
Achieved major prototype flight milestones and expanded test campaign, maintaining a $441M cash position and $13.5B pre-order backlog. Certification is targeted for 2028, with cost synergies and strong customer engagement supporting long-term outlook.
Fiscal Year 2025
-
Achieved first flight of the engineering prototype and completed 28 test flights, advancing toward 300 flights in 2026. Ended 2025 with $541M liquidity, secured new orders, and maintained a $13.5B pre-order backlog, while ramping up development and supplier engagement.
-
Strong progress in eVTOL development with final prototype testing, a $230M equity raise, and a $14B pre-order backlog. Strategic expansion into Bahrain and robust supplier partnerships support a 2027 service entry target.
-
Q2 2025 saw major milestones, including a full-scale mockup debut, first firm order, and expanded backlog to 2,800 aircraft valued at $14B. Cash burn remains disciplined, with liquidity sufficient through 2026 and certification on track for 2027.
-
Key milestones achieved in eVTOL development, with first prototype flights expected in 2025 and assembly of conforming prototypes on track for late 2025. Pre-order backlog remains strong at 2,800 aircraft, and liquidity of $411 million is sufficient through 2026.
Fiscal Year 2024
-
Key 2024 milestones included the rollout of a full-scale eVTOL prototype, $270 million in new capital, and a $14 billion pre-order backlog. Liquidity is strong, supporting accelerated R&D and facility investments, with first flight targeted for mid-2025.
-
Key milestones achieved in eVTOL development and regulatory progress, with first prototype flight expected in early 2025 and type certification targeted for 2027. Liquidity strengthened to $445M, services backlog up 30% QoQ, and robust pre-order and services pipeline maintained.
-
Achieved a major milestone with the rollout of the first full-scale prototype and completed selection of all flight-critical suppliers. Liquidity strengthened to $340 million after a $96 million equity raise, supporting a 2026 entry into service and a $14.5 billion pre-order backlog.