Eve

Q2 FY2026 EarningsQ2 FY26 results beat consensus on the bottom line, with a GAAP net loss of $34.2M versus the $60.9M expected, and a GAAP EPS of -$0.10 compared to the -$0.18 consensus. Revenue remained at zero in line with expectations as the company continues its pre-commercialization eVTOL development. The significant variance in net loss was primarily driven by a sharp reduction in outsourced R&D services and a $2.3M non-cash gain from warrant liability remeasurement, providing a stronger-than-anticipated liquidity cushion of $531.3M.