---
schema_version: "secwatch.filing_event.v1"
accession: "0001554855-24-000338"
form_type: "8-K"
ticker: "EVEX"
cik: "0001823652"
company_name: "Eve Holding, Inc."
filed_at: "2024-05-07T23:59:59+00:00"
generated_at: "2026-06-02T19:49:18.946423+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Eve reports Q1 net loss of $25.3M; cash burn rises to $35.9M as prototype assembly advances

## Summary
- Net loss $25.3M vs $25.8M in 1Q23; R&D expenses $27.5M (up from $21.5M) on prototype assembly and testing infrastructure.
- Cash used by operations and capex $35.9M, up from $19.9M; total 2024 cash consumption expected $130-170M.
- First full-scale eVTOL prototype assembly nearly complete; test campaign expected to start in H2 2024.
- Received LOI from AirX for up to 50 eVTOLs; non-binding backlog ~2,900 units valued at $14.5B list price.
- Selected KAI as supplier for pylons; certification basis with ANAC public comment phase completed.

## SEC filing metadata
- accession: 0001554855-24-000338
- form_type: 8-K
- ticker: EVEX
- cik: 0001823652
- company_name: Eve Holding, Inc.
- filed_at: 2024-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1823652/000155485524000338/0001554855-24-000338-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1823652/000155485524000338/evex-20240507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001554855-24-000338
- JSON: https://secwatch.observer/filing/0001554855-24-000338.json
- Plain text: https://secwatch.observer/filing/0001554855-24-000338.txt

## Key facts
- Earnings Releases
  Eve Holding, Inc. reported first quarter ended March 31, 2024 results: net income $25.3 million.
  - Period: first quarter ended March 31, 2024
  - Net income: $25.3 million
  - Result: reported results
  source text: Eve reported a net loss of $25.3 million in 1Q24 versus $25.8 million in 1Q23.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1823652/000155485524000338/0001554855-24-000338-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.