EVEX on NYSE

Eve Air Mobility

Brazilian aerospace company

Eve Air Mobility is a Brazilian company that develops electric vertical take-off and landing (eVTOL) aircraft and urban air mobility infrastructure.3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 18, 2026.

Overview

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  • TickerEVEX on NYSE1
  • Industryaerospace industry1
  • Websiteeveairmobility.com
  • Business address1400 General Aviation Drive, Melbourne, Fl 329354
  • Filer categoryAccelerated filer4
Embraer EVE
Photo: Lula Oficial, CC BY-SA 4.0, via Wikimedia Commons6

Eve Air Mobility is a Brazilian company that develops electric vertical take-off and landing (eVTOL) aircraft and urban air mobility infrastructure. EVE is a brand that was idealized by the innovation division of Embraer called EmbraerX.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Financial statements

Operating income78910-$225.4M in 2025+2250% since 2020
-$300.0M-$200.0M-$100.0M02020: -$9.6M-$9.6M20202021: -$18.2M-$18.2M2021+90%2022: -$189.5M-$189.5M2022+942%2023: -$130.5M-$130.5M2023−31%2024: -$156.4M-$156.4M2024+20%2025: -$225.4M-$225.4M2025+44%
Net income78910-$224.3M in 2025+2230% since 2020
-$300.0M-$200.0M-$100.0M02020: -$9.6M-$9.6M20202021: -$18.3M-$18.3M2021+90%2022: -$174.0M-$174.0M2022+853%2023: -$127.7M-$127.7M2023−27%2024: -$138.2M-$138.2M2024+8%2025: -$224.3M-$224.3M2025+62%

Every line of the income statement as filed: the last 3 fiscal years, latest first.10

Period ending2025-12-312024-12-312023-12-31
Research and development expenses$194.7M$129.8M$105.6M
Selling, general and administrative expenses$30.7M$26.5M$23.1M
New warrants expenses$0$0$1.9M
Total operating expenses$225.4M$156.4M$130.5M
Operating loss-$225.4M-$156.4M-$130.5M
Gain/(loss) from derivative liabilities-$128.0K$7.0M-$10.4M
Financial investment income$16.4M$12.3M$11.7M
Related party loan interest income$0$2.9M$4.4M
Interest expense-$10.1M-$3.7M-$252.0K
Other gain/(loss), net-$4.0M$218.0K-$945.0K
Loss before income taxes-$223.2M-$137.7M-$126.1M
Income tax expense$1.0M$507.0K$1.6M
Net loss-$224.3M-$138.2M-$127.7M

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The story

The concept was presented to the public on 8 May 2018, before the creation of the company.

The company was founded on 15 October 2020.

The first simulator flight was conducted in Rio de Janeiro in September 2021. In the first months of 2022, the company was listed on NYSE priced at US$2.9 billion under the code EVEX in partnership with the American fund Zanite Acquisition Corp.

On 12 December 2021, Embraer and BAE Systems announced plans to embark on a joint study to explore the development of Eve's vehicle for the defence and security market. As of January 2022, Embraer had signed contracts with seventeen companies for 1,735 units, valued at US$5 billion.

On 10 February 2022, Embraer requested to National Civil Aviation Agency of Brazil (ANAC) the certification for the eVTOL EVE. In 2022, the company went public on the New York Stock Exchange following the company's merger with Zanite Acquisition Corp. In June 2023, Embraer announced the first production line of EVE in the city Taubaté, interior of the state of São Paulo, Brazil.

As of March 2024, Embraer had signed contracts with twenty-eight companies for 2,850 orders of eVTOLs, valued at US$8 billion from 30 customers in 13 countries. In 2024 Eve unveiled its first full-sized prototype during the UK's 45th Farnborough Airshow. It announced an additional US$94 million in funding to add to the $492 million it had already raised.

Embraer EVE's maiden flight was conducted in December 2025.

From Wikipedia’s article on Eve Air Mobility, shared under CC BY-SA 4.0.5

Leadership

Who has led Eve Air Mobility, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (14)

Subsidiaries and ownership

Parent company

From Wikidata.1

Former names

  • Zanite Acquisition Corp.Sep 14, 2020 to May 6, 20224

Timeline

  1. Sep 11, 2023New chief executive Johann Bordais becomes CEO14
  2. May 11, 2022New chief executive Gerard J. Demuro becomes CEO15

Filings

298 filings to the SEC since October 2021: 6 annual reports, 16 quarterly reports, 86 major events, 56 insider forms, 19 large holders, 115 other. The latest 20:

  1. Aug 4, 20268-K EDGAR
  2. Aug 4, 202610-Q EDGAR
  3. Jun 9, 20264 PRIMARY DOCUMENT EDGAR
  4. Jun 9, 20264 PRIMARY DOCUMENT EDGAR
  5. Jun 9, 20264 PRIMARY DOCUMENT EDGAR
  6. May 22, 20268-K EDGAR
  7. May 11, 20264 PRIMARY DOCUMENT EDGAR
  8. May 11, 20264 PRIMARY DOCUMENT EDGAR
  9. May 11, 20264 PRIMARY DOCUMENT EDGAR
  10. May 11, 20264 PRIMARY DOCUMENT EDGAR
  11. May 11, 20264 PRIMARY DOCUMENT EDGAR
  12. May 5, 20268-K EDGAR
  13. May 5, 202610-Q EDGAR
  14. Apr 9, 2026ARS EDGAR
  15. Apr 9, 2026DEFA14A EDGAR
  16. Apr 9, 2026DEF 14A EDGAR
  17. Mar 16, 20268-K EDGAR
  18. Mar 16, 202610-K EDGAR
  19. Feb 2, 20264 PRIMARY DOCUMENT EDGAR
  20. Feb 2, 20263 PRIMARY DOCUMENT EDGAR

The 298 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last three years, summarized. The full record is on SEC EDGAR.

Insider trades and holders

Large holders

Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 19 such filings since October 2021, the latest 10:

  1. Oct 1, 2025SCHEDULE 13D/A
  2. Aug 15, 2025SCHEDULE 13D/A
  3. Aug 15, 2025SCHEDULE 13D/A
  4. Sep 9, 2024SC 13D/A
  5. Sep 9, 2024SC 13D/A
  6. Sep 9, 2024SC 13D/A
  7. Sep 9, 2024SC 13D/A
  8. Feb 14, 2023SC 13G/A
  9. Feb 14, 2023SC 13G/A
  10. Feb 10, 2023SC 13G/A

From Forms 4 and Schedules 13D and 13G filed with the SEC.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.7,068,339$17.7M0.0%+567,908
Vanguard Capital Management LLC4,509,706$11.3M0.0%+252,613
BW Gestao de Investimentos Ltda.3,686,140$9.3M0.2%No change
Fourth Sail Capital LP3,276,673$8.2M1.2%New
United Airlines Holdings, Inc.2,653,861$6.7M1.7%No change
Geode Capital Management, LLC2,536,372$6.4M0.0%+255,663
UBS Group AG2,359,661$5.9M0.0%+488,775
State Street Corp2,254,057$5.7M0.0%+227,273
Aqr Capital Management LLC2,106,401$5.3M0.0%+1,388,746
Masters Capital Management LLC2,000,000$5.0M0.7%No change
Goldman Sachs Group Inc1,585,496$4.0M0.0%+1,137,318
Kapitalo Investimentos Ltda1,100,000$2.8M0.2%No change
Millennium Management LLC878,561$2.2M0.0%+787,011
Northern Trust Corp837,848$2.1M0.0%+82,826
Point72 Asset Management, L.P.813,157$2.0M0.0%−145,766
Vanguard Portfolio Management LLC800,725$2.0M0.0%+230,731
Charles Schwab Investment Management Inc781,651$2.0M0.0%−46,572
Vanguard Fiduciary Trust Co717,813$1.8M0.0%+41,125
Marshall Wace, Llp504,220$1.3M0.0%+473,666
SPX Gestao de Recursos Ltda414,632$1.0M0.1%−1,878,998
Jump Financial, LLC391,124$981.7K0.0%−20,876
Morgan Stanley389,546$977.8K0.0%−310,985
Itau Unibanco Holding S.A.349,486$877.7K0.0%+50,000
Ieq Capital, LLC272,962$685.1K0.0%+183,508
Pinnacle Associates Ltd261,742$657.0K0.0%−16,275

13F reports cover disclosed long positions in U.S. stocks only.

Sources

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