EVE (EVEX) Financials

$2.98 -0.20 (-6.13%)

Closing price 05/15/2026 03:59 PM Eastern

Extended Trading

$3.03 +0.04 (+1.37%)

As of 05/15/2026 07:50 PM Eastern

Annual Income Statements for EVE

This table shows EVE's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2020	2021	2022	2023	2024	2025
Period end date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	-9.63	-18	-174	-128	-138	-224
Consolidated Net Income / (Loss)	-9.63	-18	-174	-128	-138	-224
Net Income / (Loss) Continuing Operations	-9.63	-18	-174	-128	-138	-224
Total Pre-Tax Income	-9.63	-18	-173	-126	-138	-223
Total Operating Income	-9.59	-18	-189	-131	-156	-225
Total Gross Profit	0.00	0.00	0.00	0.00	0.00	0.00
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Total Cost of Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Total Operating Expenses	9.59	18	189	131	156	225
Selling, General & Admin Expense	1.23	4.90	33	23	27	31
Research & Development Expense	8.36	13	52	106	130	195
Total Other Income / (Expense), net	-0.03	-0.08	16	4.46	19	2.27
Interest Expense	-	0.00	0.00	0.25	3.66	10
Interest & Investment Income	-	0.00	6.72	16	15	16
Other Income / (Expense), net	-0.03	-0.08	9.67	-11	7.20	-3.99
Income Tax Expense	0.00	0.00	0.93	1.57	0.51	1.01
Weighted Average Basic Shares Outstanding	220M	220M	254.13M	269.37M	297.64M	348.30M
Weighted Average Diluted Shares Outstanding	220M	220M	254.13M	269.37M	297.64M	348.30M
Weighted Average Basic & Diluted Shares Outstanding	-	0.00	269.09M	269.37M	297.64M	348.30M

This table shows EVE's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	-31	-39	-25	-36	-36	-41	-49	-65	-47	-64	-69
Consolidated Net Income / (Loss)	-31	-39	-25	-36	-36	-41	-49	-65	-47	-64	-69
Net Income / (Loss) Continuing Operations	-31	-39	-25	-36	-36	-41	-49	-65	-47	-64	-69
Total Pre-Tax Income	-30	-39	-25	-36	-35	-42	-49	-64	-46	-64	-69
Total Operating Income	-34	-41	-34	-42	-41	-40	-53	-54	-52	-67	-66
Total Gross Profit	0.00	-	0.00	0.00	0.00	-	0.00	0.00	0.00	-	0.00
Total Revenue	0.00	-	0.00	0.00	0.00	-	0.00	0.00	0.00	-	0.00
Total Cost of Revenue	0.00	-	0.00	0.00	0.00	-	0.00	0.00	0.00	-	0.00
Total Operating Expenses	34	41	34	42	41	40	53	54	52	67	66
Selling, General & Admin Expense	5.04	5.28	6.48	5.40	8.41	6.24	7.89	8.21	7.03	7.57	7.25
Research & Development Expense	29	34	27	36	32	34	45	46	45	59	59
Total Other Income / (Expense), net	3.56	1.46	9.26	5.72	5.47	-1.74	3.26	-10	6.26	3.12	-2.99
Interest Expense	0.03	0.22	0.41	0.61	0.84	1.80	2.23	2.39	2.67	2.85	4.62
Interest & Investment Income	3.96	3.87	3.56	3.22	4.06	4.34	3.91	3.54	4.14	4.80	5.12
Other Income / (Expense), net	-0.37	-2.19	6.11	3.12	2.25	-4.28	1.58	-12	4.78	1.17	-3.50
Income Tax Expense	1.10	-0.01	0.62	0.40	0.43	-0.94	-0.56	0.44	1.23	-0.10	0.10
Weighted Average Basic Shares Outstanding	275.89M	275.76M	276.26M	276.36M	297.83M	288.52M	297.64M	303.73M	326.22M	348.30M	348.30M
Weighted Average Diluted Shares Outstanding	275.89M	275.76M	276.26M	276.36M	297.83M	288.52M	297.64M	303.73M	326.22M	348.30M	348.30M
Weighted Average Basic & Diluted Shares Outstanding	269.36M	269.37M	269.37M	290.14M	297.64M	297.64M	297.64M	300.85M	348.30M	348.30M	348.30M

This table details how cash moves in and out of EVE's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2020	2021	2022	2023	2024	2025
Period end date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	0.00	14	35	-2.26	9.48	55
Net Cash From Operating Activities	-9.03	-15	-59	-95	-136	-160
Net Cash From Continuing Operating Activities	-9.03	-15	-59	-95	-136	-160
Net Income / (Loss) Continuing Operations	-9.63	-18	-174	-128	-138	-224
Consolidated Net Income / (Loss)	-9.63	-18	-174	-128	-138	-224
Depreciation Expense	0.00	0.11	0.03	0.18	0.25	0.93
Amortization Expense	0.01	0.00	0.01	0.08	0.52	0.50
Non-Cash Adjustments To Reconcile Net Income	-0.00	0.15	108	5.80	-0.54	4.38
Changes in Operating Assets and Liabilities, net	0.59	3.11	6.58	27	1.97	58
Net Cash From Investing Activities	0.00	0.00	-258	67	-56	-47
Net Cash From Continuing Investing Activities	0.00	0.00	-258	67	-56	-47
Purchase of Property, Plant & Equipment	0.00	0.00	-0.48	-0.17	-5.22	-13
Acquisitions	-	-	-	0.00	0.00	-2.18
Purchase of Investments	0.00	0.00	-177	-153	-269	-329
Sale and/or Maturity of Investments	-	0.00	0.00	220	137	297
Other Investing Activities, net	0.00	0.00	-81	0.00	81	0.00
Net Cash From Financing Activities	9.03	29	353	25	203	263
Net Cash From Continuing Financing Activities	9.03	29	353	25	203	263
Repayment of Debt	-	0.00	0.00	-0.24	-1.08	-0.46
Repurchase of Common Equity	-	-	0.00	0.00	-0.96	-8.93
Issuance of Debt	-	0.00	0.00	25	111	46
Issuance of Common Equity	0.00	15	370	0.00	94	226
Other Financing Activities, net	9.03	14	0.00	-0.28	0.01	-0.16
Effect of Exchange Rate Changes	-	0.00	0.00	0.49	-1.35	-0.71
Cash Interest Paid	-	0.00	0.00	0.08	2.84	9.01
Cash Income Taxes Paid	0.00	0.00	0.97	1.76	3.57	1.27

This table details how cash moves in and out of EVE's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	-23	37	-23	4.18	-3.19	32	3.14	-18	26	44	18
Net Cash From Operating Activities	-22	-25	-36	-31	-31	-39	-25	-56	-54	-26	-68
Net Cash From Continuing Operating Activities	-22	-25	-36	-31	-31	-39	-25	-56	-54	-26	-68
Net Income / (Loss) Continuing Operations	-31	-39	-25	-36	-36	-41	-49	-65	-47	-64	-69
Consolidated Net Income / (Loss)	-31	-39	-25	-36	-36	-41	-49	-65	-47	-64	-69
Depreciation Expense	0.04	0.04	0.05	0.06	0.07	0.08	0.08	0.11	0.35	0.39	0.39
Amortization Expense	0.02	0.03	0.05	0.03	0.28	0.15	0.17	0.17	0.13	0.04	0.04
Non-Cash Adjustments To Reconcile Net Income	2.64	7.21	-1.91	-3.00	3.46	0.91	1.90	2.26	1.13	-0.91	3.77
Changes in Operating Assets and Liabilities, net	6.12	7.04	-8.71	8.54	1.26	0.89	22	6.51	-8.72	38	-3.51
Net Cash From Investing Activities	-12	47	-2.11	21	-81	5.79	19	27	-150	58	-32
Net Cash From Continuing Investing Activities	-12	47	-2.11	21	-81	5.79	19	27	-150	58	-32
Purchase of Property, Plant & Equipment	-0.00	-	-0.11	-0.66	-3.24	-1.22	-0.46	-1.26	-6.73	-4.10	-0.53
Purchase of Investments	-27	-100	-12	-15	-172	-70	-98	-10	-209	-12	-110
Sale and/or Maturity of Investments	15	147	10	37	94	-4.00	117	38	66	76	79
Net Cash From Financing Activities	11	14	15	14	109	65	9.28	11	230	13	117
Net Cash From Continuing Financing Activities	11	14	15	14	109	65	9.28	11	230	13	117
Repayment of Debt	-0.38	0.13	-0.22	-0.27	-0.30	-0.30	-0.18	-	-	-0.29	-51
Issuance of Debt	11	14	15	15	16	66	9.46	11	12	13	168
Effect of Exchange Rate Changes	-0.10	0.09	-0.12	-0.66	-0.01	-0.56	0.21	-0.27	-0.26	-0.38	0.41
Cash Interest Paid	-	0.08	0.27	0.45	0.60	1.52	2.09	2.24	2.37	2.32	1.72
Cash Income Taxes Paid	0.49	0.89	0.95	0.80	1.01	0.81	0.37	0.64	-	0.25	0.00

This table presents EVE's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2020	2021	2022	2023	2024	2025
Period end date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	235	22	313	245	318	435
Total Current Assets	2.28	21	312	242	313	411
Cash & Equivalents	1.97	14	49	47	56	103
Restricted Cash	-	-	-	-	0.00	8.38
Short-Term Investments	-	0.00	179	111	247	281
Accounts Receivable	-	0.22	0.20	0.19	0.47	0.05
Other Current Assets	-	6.27	1.43	0.89	8.96	18
Plant, Property, & Equipment, net	0.00	0.00	0.45	0.55	0.61	11
Total Noncurrent Assets	232	0.00	0.22	2.57	4.82	13
Intangible Assets	-	-	-	-	-	4.76
Noncurrent Deferred & Refundable Income Taxes	-	0.00	0.00	1.71	2.64	3.92
Other Noncurrent Operating Assets	232	0.00	0.22	0.86	2.19	4.74
Total Liabilities & Shareholders' Equity	235	22	313	245	318	435
Total Liabilities	48	11	26	80	194	311
Total Current Liabilities	0.35	10	25	52	59	125
Short-Term Debt	-	-	-	-	0.00	3.37
Accounts Payable	0.35	0.88	2.10	4.57	37	74
Other Current Liabilities	-	9.29	23	47	22	47
Total Noncurrent Liabilities	48	0.70	1.02	28	135	186
Long-Term Debt	-	0.00	0.00	26	132	176
Other Noncurrent Operating Liabilities	48	0.70	1.02	2.54	2.97	9.94
Commitments & Contingencies	0.00	0.00	-	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	-46	0.00	287	165	124	124
Total Preferred & Common Equity	-46	11	287	165	124	124
Total Common Equity	-46	0.00	287	165	124	124
Common Stock	0.00	0.00	504	510	607	831
Retained Earnings	-46	0.00	-217	-345	-483	-707

This table presents EVE's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	334	296	272	262	228	215	290	304	261	440	484
Total Current Assets	333	296	271	260	224	210	286	298	250	425	457
Cash & Equivalents	78	12	34	10	24	28	25	60	42	66	121
Restricted Cash	-	-	-	-	-	-	-	-	-	1.58	8.51
Short-Term Investments	170	199	151	164	115	93	255	228	201	344	312
Accounts Receivable	0.21	0.20	0.31	1.62	0.10	0.00	0.02	0.00	0.00	0.01	0.01
Other Current Assets	85	0.74	1.46	1.59	1.60	3.88	5.69	10	7.40	13	16
Plant, Property, & Equipment, net	0.42	0.59	0.51	0.48	0.51	1.24	0.51	0.96	4.92	8.58	12
Total Noncurrent Assets	0.00	0.21	0.55	1.51	3.54	2.96	4.74	5.58	5.94	6.35	16
Intangible Assets	0.00	-	-	-	-	-	-	-	-	-	5.98
Noncurrent Deferred & Refundable Income Taxes	-	-	-	-	1.71	1.71	1.71	2.74	2.64	2.64	3.92
Other Noncurrent Operating Assets	-	0.21	0.55	1.51	1.83	1.25	3.02	2.84	3.30	3.72	5.92
Total Liabilities & Shareholders' Equity	334	296	272	262	228	215	290	304	261	440	484
Total Liabilities	29	34	40	60	87	109	126	228	248	256	428
Total Current Liabilities	28	33	39	46	45	54	55	83	90	81	120
Short-Term Debt	-	-	-	-	-	-	-	0.13	0.54	0.79	3.41
Accounts Payable	17	17	20	1.83	1.65	2.82	3.92	0.66	2.21	2.30	64
Other Current Liabilities	11	16	19	44	44	52	51	82	87	78	53
Total Noncurrent Liabilities	0.84	0.98	1.53	13	42	55	71	145	157	174	308
Long-Term Debt	-	-	-	11	40	53	68	142	154	167	296
Other Noncurrent Operating Liabilities	0.84	0.98	1.53	2.03	2.19	2.53	2.78	3.20	3.37	6.85	12
Commitments & Contingencies	-	-	-	-	-	-	-	-	-	0.00	0.00
Total Equity & Noncontrolling Interests	305	262	232	202	141	105	164	76	13	184	56
Total Preferred & Common Equity	305	262	232	202	141	105	164	76	13	184	56
Total Common Equity	305	262	232	202	141	105	164	76	13	184	56
Common Stock	502	505	506	507	511	511	606	608	610	827	832
Retained Earnings	-197	-243	-274	-305	-370	-406	-442	-532	-596	-643	-776

This table displays calculated financial ratios and metrics derived from EVE's official financial filings.

Metric	2020	2021	2022	2023	2024	2025
Period end date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
DEI Shares Outstanding	-	-	-	-	-	348,304,584.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	348,304,584.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-0.64
Growth Metrics	-	-	-	-	-	-
Profitability Metrics	-	-	-	-	-	-
Net Operating Profit after Tax (NOPAT)	-6.71	-13	-133	-91	-109	-158
Return On Investment Capital (ROIC_SIMPLE)	-	-	-46.23%	-47.89%	-42.77%	-51.98%
Earnings before Interest and Taxes (EBIT)	-9.63	-18	-180	-142	-149	-229
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-9.62	-18	-180	-142	-148	-228
Valuation Ratios	-	-	-	-	-	-
Leverage & Solvency	-	-	-	-	-	-
Liquidity Ratios	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	176	-196	-65	-30	-116
Efficiency Ratios	-	-	-	-	-	-
Capital & Investment Metrics	-	-	-	-	-	-
Invested Capital	184	-4.38	59	33	-46	-89
Increase / (Decrease) in Invested Capital	0.00	-189	63	-26	-79	-41
Book Value per Share	($1.61)	$0.00	$1.08	$0.61	$0.42	$0.36
Tangible Book Value per Share	($1.61)	$0.00	$1.08	$0.61	$0.42	$0.36
Total Capital	186	0.00	287	191	256	304
Total Debt	0.00	0.00	0.00	26	132	180
Total Long-Term Debt	0.00	0.00	0.00	26	132	176
Net Debt	-1.97	-14	-228	-132	-171	-213
Capital Expenditures (CapEx)	0.00	0.00	0.48	0.17	5.22	13
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-0.04	-3.67	59	32	-50	-103
Debt-free Net Working Capital (DFNWC)	1.93	11	287	190	253	289
Net Working Capital (NWC)	1.93	11	287	190	253	286
Net Nonoperating Expense (NNE)	2.91	5.53	41	36	29	66
Net Nonoperating Obligations (NNO)	-1.97	-4.38	-228	-132	-170	-213
Total Depreciation and Amortization (D&A)	0.01	0.11	0.03	0.27	0.77	1.43
Earnings Adjustments	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$1.02	$0.00	($0.46)	($0.48)	$0.00
Adjusted Weighted Average Basic Shares Outstanding	0.00	28.75M	0.00	275.76M	288.52M	348.30M
Adjusted Diluted Earnings per Share	$0.00	$1.02	$0.00	($0.46)	($0.48)	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	0.00	28.75M	0.00	275.76M	288.52M	348.30M
Adjusted Basic & Diluted Earnings per Share	$0.00	$1.02	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	28.75M	0.00	269.37M	297.64M	348.30M
Normalized Net Operating Profit after Tax (NOPAT)	-6.71	-13	-133	-91	-109	-158
Debt Service Ratios	-	-	-	-	-	-
Payout Ratios	-	-	-	-	-	-

This table displays calculated financial ratios and metrics derived from EVE's official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	348,304,584.00	348,304,584.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	348,304,584.00	348,304,584.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-0.18	-0.20
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	0.00%
EBITDA Growth	9.98%	-78.18%	7.04%	-10.07%	-12.53%	-2.54%	-83.18%	-69.14%	-21.94%	-	-36.67%
EBIT Growth	9.81%	-78.22%	6.78%	-10.00%	-13.34%	-2.91%	-83.40%	-69.45%	-22.11%	-	-36.84%
NOPAT Growth	12.68%	-50.92%	-22.57%	-46.61%	-21.24%	2.06%	-55.02%	-29.15%	-27.11%	-	-26.08%
Net Income Growth	15.06%	-95.80%	1.85%	-15.85%	-14.67%	-3.64%	-92.85%	-77.76%	-30.96%	-	-41.06%
EPS Growth	21.43%	-150.00%	0.00%	-18.18%	-9.09%	6.67%	-77.78%	-61.54%	-16.67%	-	0.00%
Operating Cash Flow Growth	-32.91%	-18.10%	-80.05%	-10.98%	-37.19%	-57.78%	30.53%	-80.93%	-75.69%	-	-173.79%
Free Cash Flow Firm Growth	-105.02%	97.29%	-110.93%	79.50%	1,045.27%	2,389.57%	605.48%	497.80%	-141.20%	-	-139.73%
Invested Capital Growth	-31.15%	-44.55%	-17.31%	-22.52%	-220.03%	-241.68%	-262.29%	-303.69%	-27.72%	-	-24.06%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	0.00%
EBITDA Q/Q Growth	2.87%	-26.10%	35.32%	-38.94%	0.70%	-14.91%	-15.54%	-28.29%	28.41%	-	-6.06%
EBIT Q/Q Growth	2.99%	-26.08%	35.18%	-38.74%	0.04%	-14.48%	-15.51%	-28.19%	27.96%	-	-6.05%
NOPAT Q/Q Growth	-18.36%	-20.96%	16.70%	-22.94%	2.13%	2.29%	-31.85%	-2.42%	3.67%	-	1.02%
Net Income Q/Q Growth	0.64%	-25.81%	35.58%	-43.85%	1.65%	-13.72%	-19.87%	-32.59%	27.55%	-	-7.65%
EPS Q/Q Growth	0.00%	-36.36%	40.00%	-44.44%	7.69%	-16.67%	-14.29%	-31.25%	33.33%	-	0.00%
Operating Cash Flow Q/Q Growth	19.20%	-9.46%	-46.10%	14.12%	0.11%	-25.89%	35.68%	-123.67%	3.00%	-	-162.64%
Free Cash Flow Firm Q/Q Growth	93.35%	62.85%	-563.98%	-24.99%	406.62%	-10.02%	46.59%	-1.64%	-131.75%	-	-450.79%
Invested Capital Q/Q Growth	-18.04%	-15.72%	30.27%	-13.89%	-226.97%	0.53%	-49.23%	-8.07%	20.39%	-	3.53%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	0.00%
EBITDA Margin	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	0.00%
Operating Margin	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	0.00%
EBIT Margin	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	0.00%
Profit (Net Income) Margin	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	0.00%
Tax Burden Percent	103.65%	99.98%	102.53%	101.10%	101.20%	97.75%	98.87%	100.68%	102.68%	-	100.14%
Interest Burden Percent	88.46%	91.50%	88.69%	93.25%	91.65%	94.26%	96.71%	98.24%	96.87%	-	98.42%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	0.00%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	0.00%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	0.00%
Return on Equity (ROE)	-42.80%	-56.49%	-63.06%	-78.47%	-74.78%	-95.63%	-148.98%	-320.52%	-115.63%	-	-369.58%
Cash Return on Invested Capital (CROIC)	-134.88%	-141.97%	-184.44%	-224.54%	0.00%	0.00%	0.00%	0.00%	0.00%	-	0.00%
Operating Return on Assets (OROA)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	0.00%
Return on Assets (ROA)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	0.00%
Return on Common Equity (ROCE)	-42.80%	-56.49%	-63.06%	-78.47%	-74.78%	-95.63%	-148.98%	-320.52%	-115.63%	-	-369.58%
Return on Equity Simple (ROE_SIMPLE)	-53.67%	0.00%	-90.28%	-125.76%	-83.55%	0.00%	-212.31%	0.00%	0.00%	-	0.00%
Net Operating Profit after Tax (NOPAT)	-24	-29	-24	-29	-29	-28	-37	-38	-36	-47	-46
NOPAT Margin	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	0.00%
Net Nonoperating Expense Percent (NNEP)	-3.71%	-5.97%	-1.00%	-5.69%	-3.86%	-8.44%	-9.82%	-34.45%	-4.64%	-	-15.59%
Return On Investment Capital (ROIC_SIMPLE)	-	-14.94%	-13.13%	-	-	-10.91%	-16.86%	-22.45%	-10.32%	-15.45%	-13.07%
Cost of Revenue to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	0.00%
SG&A Expenses to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	0.00%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	0.00%
Operating Expenses to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	0.00%
Earnings before Interest and Taxes (EBIT)	-34	-43	-28	-39	-39	-44	-51	-65	-47	-66	-70
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-34	-43	-28	-39	-38	-44	-51	-65	-47	-65	-69
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	11.04	11.95	10.32	10.38	5.74	13.07	12.98	151.97	6.23	-	15.41
Price to Tangible Book Value (P/TBV)	11.04	11.95	10.32	10.38	5.74	13.07	12.98	151.97	6.23	-	17.25
Price to Revenue (P/Rev)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	0.00%
Enterprise Value to Invested Capital (EV/IC)	53.28	56.22	31.82	27.86	0.00	0.00	0.00	0.00	0.00	-	0.00
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.06	0.16	0.28	0.50	0.42	1.07	1.87	11.50	0.91	-	5.34
Long-Term Debt to Equity	0.06	0.16	0.28	0.50	0.42	1.07	1.87	11.46	0.91	-	5.28
Financial Leverage	-0.81	-0.80	-0.77	-0.75	-1.02	-1.05	-1.12	-1.32	-1.31	-	-2.17
Leverage Ratio	1.17	1.24	1.30	1.44	1.51	1.95	2.45	4.01	2.10	-	5.96
Compound Leverage Factor	1.04	1.13	1.15	1.35	1.38	1.84	2.37	3.94	2.03	-	5.87
Debt to Total Capital	5.31%	13.50%	22.13%	33.36%	29.45%	51.58%	65.14%	92.00%	47.73%	-	84.22%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.06%	0.32%	0.23%	-	0.96%
Long-Term Debt to Total Capital	5.31%	13.50%	22.13%	33.36%	29.45%	51.58%	65.08%	91.68%	47.51%	-	83.26%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	0.00%
Common Equity to Total Capital	94.69%	86.50%	77.87%	66.64%	70.55%	48.42%	34.86%	8.00%	52.27%	-	15.78%
Debt to EBITDA	-0.09	-0.18	-0.29	-0.37	-0.46	-0.89	-0.83	-0.78	-0.81	-	-1.21
Net Debt to EBITDA	1.33	0.93	0.70	0.48	1.44	1.15	0.85	0.45	1.18	-	0.58
Long-Term Debt to EBITDA	-0.09	-0.18	-0.29	-0.37	-0.46	-0.89	-0.83	-0.78	-0.81	-	-1.20
Debt to NOPAT	-0.14	-0.28	-0.42	-0.50	-0.62	-1.21	-1.16	-1.18	-1.21	-	-1.79
Net Debt to NOPAT	2.00	1.45	1.03	0.65	1.92	1.57	1.19	0.67	1.75	-	0.85
Long-Term Debt to NOPAT	-0.14	-0.28	-0.42	-0.50	-0.62	-1.21	-1.16	-1.18	-1.21	-	-1.77
Altman Z-Score	21.41	13.12	8.25	3.61	2.86	3.37	0.45	1.66	1.23	-	-0.67
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	5.62	4.66	4.96	3.87	5.21	5.27	3.60	2.77	5.21	-	3.80
Quick Ratio	5.59	4.64	4.92	3.80	5.11	5.12	3.48	2.69	5.03	-	3.60
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-6.01	-2.23	-15	-19	57	51	75	74	-23	-5.44	-30
Operating Cash Flow to CapEx	-746,433.33%	0.00%	-33,785.85%	-4,666.92%	-949.38%	-3,183.21%	-5,361.64%	-4,423.29%	-801.77%	-	-12,949.24%
Free Cash Flow to Firm to Interest Expense	-193.95	-10.11	-36.00	-30.24	68.06	28.39	33.56	30.88	-8.77	-	-6.45
Operating Cash Flow to Interest Expense	-722.35	-110.91	-86.92	-50.17	-36.79	-21.47	-11.14	-23.30	-20.21	-	-14.75
Operating Cash Flow Less CapEx to Interest Expense	-722.45	-110.91	-87.18	-51.25	-40.67	-22.15	-11.34	-23.83	-22.73	-	-14.86
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00
Accounts Receivable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00
Accounts Payable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00
Days Sales Outstanding (DSO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00
Days Payable Outstanding (DPO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00
Cash Conversion Cycle (CCC)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	39	33	43	37	-47	-46	-69	-75	-60	-89	-86
Invested Capital Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00
Increase / (Decrease) in Invested Capital	-18	-26	-8.92	-11	-85	-79	-112	-111	-13	-41	-17
Enterprise Value (EV)	2,068	1,839	1,356	1,023	729	1,448	843	1,954	903	-	722
Market Capitalization	2,231	1,972	1,455	1,091	940	1,619	988	2,042	1,146	-	864
Book Value per Share	$0.75	$0.61	$0.52	$0.39	$0.56	$0.42	$0.26	$0.05	$0.61	$0.36	$0.16
Tangible Book Value per Share	$0.75	$0.61	$0.52	$0.39	$0.56	$0.42	$0.26	$0.05	$0.61	$0.36	$0.14
Total Capital	213	191	181	158	232	256	218	168	352	304	355
Total Debt	11	26	40	53	68	132	142	155	168	180	299
Total Long-Term Debt	11	26	40	53	68	132	142	154	167	176	296
Net Debt	-163	-132	-98	-68	-212	-171	-145	-88	-244	-213	-142
Capital Expenditures (CapEx)	0.00	0.00	0.11	0.66	3.24	1.22	0.46	1.26	6.73	4.10	0.53
Debt-free, Cash-free Net Working Capital (DFCFNWC)	39	32	41	35	-49	-50	-73	-82	-68	-103	-101
Debt-free Net Working Capital (DFNWC)	213	190	179	156	231	253	215	161	344	289	340
Net Working Capital (NWC)	213	190	179	156	231	253	215	160	343	286	336
Net Nonoperating Expense (NNE)	7.64	11	1.54	7.19	7.21	13	12	27	11	17	22
Net Nonoperating Obligations (NNO)	-163	-132	-98	-68	-210	-170	-145	-88	-244	-213	-142
Total Depreciation and Amortization (D&A)	0.06	0.07	0.11	0.09	0.35	0.23	0.25	0.27	0.49	0.42	0.44
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	0.00%
Debt-free Net Working Capital to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	0.00%
Net Working Capital to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	0.00%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.11)	($0.15)	($0.09)	($0.13)	($0.12)	($0.14)	($0.16)	($0.21)	($0.14)	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	275.89M	275.76M	276.26M	276.36M	297.83M	288.52M	303.64M	303.73M	326.22M	348.30M	348.30M
Adjusted Diluted Earnings per Share	($0.11)	($0.15)	($0.09)	($0.13)	($0.12)	($0.14)	($0.16)	($0.21)	($0.14)	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	275.89M	275.76M	276.26M	276.36M	297.83M	288.52M	303.64M	303.73M	326.22M	348.30M	348.30M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	269.36M	269.37M	269.37M	290.14M	297.64M	297.64M	297.64M	300.85M	348.30M	348.30M	348.30M
Normalized Net Operating Profit after Tax (NOPAT)	-24	-29	-24	-29	-29	-28	-37	-38	-36	-47	-46
Normalized NOPAT Margin	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	0.00%
Pre Tax Income Margin	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	0.00%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-1,098.13	-194.21	-67.52	-62.97	-46.21	-24.53	-22.84	-27.39	-17.64	-	-15.12
NOPAT to Interest Expense	-760.45	-129.02	-57.65	-47.64	-34.23	-15.51	-16.48	-15.79	-13.60	-	-10.05
EBIT Less CapEx to Interest Expense	-1,098.23	-194.21	-67.78	-64.04	-50.08	-25.20	-23.05	-27.92	-20.16	-	-15.23
NOPAT Less CapEx to Interest Expense	-760.55	-129.02	-57.91	-48.71	-38.10	-16.18	-16.69	-16.32	-16.12	-	-10.17
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	-0.69%	0.00%	0.00%	-4.43%	-	0.00%

Financials Breakdown Chart

Key Financial Trends

Here is a concise, year-over-year style view of Eve Holding, Inc. (EVEX) using the last four calendar years of quarterly statements provided. The focus is on cash flow, profitability, and balance-sheet trends that may matter to retail investors.

Q4 2025: Large one-time liquidity from investing activities — Sale and/or Maturity of Investments = 76,000,000; Net Cash From Continuing Investing Activities = 57,719,000; Net Change in Cash = 44,187,000.
Q4 2025: Financing activity contributed meaningful cash — Net Cash From Continuing Financing Activities ≈ 12.8 million; Net Cash From Financing Activities ≈ 12.8 million; Net Change in Cash ≈ 44.2 million.
Q3 2025: Equity issuance boosted the balance sheet — Total Common Equity rose to about 184.1 million (from about 13.4 million in Q2 2025), substantially increasing the equity cushion.
Q3 2025: Asset base expanded — Total Assets climbed to about 439.7 million, aided by the cash infusion and higher cash balances.
Q4 2025: Share count increased — Weighted Average Basic & Diluted Shares Outstanding around 348.3 million (indicative of dilution from new equity). This may dilute per-share metrics but reflects funding steps.
Q4 2025: Revenue remains largely absent — Total Revenue is reported as 0 in several recent quarters, suggesting the company may be pre-revenue or operating under non-traditional revenue constructs in this period.
Q3 2025: Debt level stable-to-moderate — Long-Term Debt around 167.3 million (and earlier around 154.0 million in Q2 2025), indicating ongoing leverage without an immediate large repayment pegged to these quarters.
Persistent quarterly losses — Net Income / (Loss) Continuing Operations shows deep negatives: -63.9 million (Q4 2025), -46.9 million (Q3 2025), -64.7 million (Q2 2025), -48.8 million (Q1 2025), continuing a multi-quarter loss trend.
Operating cash flow consistently negative in 2025 — Net Cash From Continuing Operating Activities frequently negative (e.g., Q4 2025 ≈ -25.9 million; Q3 2025 ≈ -53.9 million; Q2 2025 ≈ -55.6 million; Q1 2025 ≈ -24.9 million), signaling ongoing cash burn from core operations. Retained Earnings also sit deeply negative (e.g., Q3 2025 around -596.3 million; Q4 2025 around -643.2 million).

05/17/26 04:22 PM ETAI Generated. May Contain Errors.

EVE Financials - Frequently Asked Questions

According to the most recent income statement we have on file, EVE's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

EVE's net income appears to be on an upward trend, with a most recent value of -$224.26 million in 2025, rising from -$9.63 million in 2020. The previous period was -$138.17 million in 2024. Check out EVE's forecast to explore projected trends and price targets.

EVE's total operating income in 2025 was -$225.39 million, based on the following breakdown:

Total Gross Profit: $0.00
Total Operating Expenses: $225.39 million

Over the last 5 years, EVE's total revenue changed from $0.00 in 2020 to $0.00 in 2025, a change of 0.0%.

EVE's total liabilities were at $311.12 million at the end of 2025, a 60.1% increase from 2024, and a 542.0% increase since 2020.

In the past 5 years, EVE's cash and equivalents has ranged from $1.97 million in 2020 to $103.23 million in 2025, and is currently $103.23 million as of their latest financial filing in 2025.

Over the last 5 years, EVE's book value per share changed from -1.61 in 2020 to 0.36 in 2025, a change of -122.1%.

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Financial statements for NYSE:EVEX last updated on 5/7/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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EVE (EVEX) Financials

Financials Breakdown Chart

Key Financial Trends

EVE Financials - Frequently Asked Questions

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EVE (EVEX) Financials

Annual Income Statements for EVE

Quarterly Income Statements for EVE

Annual Cash Flow Statements for EVE

Quarterly Cash Flow Statements for EVE

Annual Balance Sheets for EVE

Quarterly Balance Sheets for EVE

Annual Metrics And Ratios for EVE

Quarterly Metrics And Ratios for EVE

Financials Breakdown Chart

Key Financial Trends

EVE Financials - Frequently Asked Questions

When does EVE's financial year end?

How has EVE's net income changed over the last 5 years?

What is EVE's operating income?

How has EVE's revenue changed over the last 5 years?

How much debt does EVE have?

How much cash does EVE have?

How has EVE's book value per share changed over the last 5 years?

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