Eve Holding's Q3 net loss widens on higher R&D costs
EVEX•Eve Holding reported a third-quarter net loss of $58.1 million, driven mainly by higher research and development expenses and lower net financial results. The company expects 2026 cash consumption at the low end of its $225 million to $275 million guidance and says liquidity will support operations and investments through 2028.
1. Quarterly results
Eve Holding's third-quarter net loss was $58.1 million. The company attributed the increase mainly to higher research and development expenses and lower net financial results, with increased supplier engagement and Embraer engineering resources contributing to R&D costs. Selling, general and administrative expenses declined as outsourced services fell and the company captured cost savings and synergies with Embraer.
2. Cash and outlook
Cash consumption fell year over year, and Eve expects 2026 cash consumption at the low end of its $225 million to $275 million guidance. The company does not expect meaningful revenue during the aircraft development phase and says its liquidity is sufficient to support operations and investments through 2028.
