Losses for Eve Air Mobility have risen sharply in 2025 according to the the company’s latest SEC filing which revealed losses in 2025 totalling USD224.3 million compared with USD138.2m in 2024 and USD127.7m in 2023. Much of the of loss growth comes from the company’s increased spending in research and development as the testing flight testing programme for it’s first full scale prototype accelerates, earlier this week the company announced that it had completed 50 uncrewed test flights with the prototype amassing more than two hours of flight time.
“Reaching 50 successful test flights with our engineering prototype is more than a technical milestone. It is clear evidence of the maturity of our program and the strength of the solutions we are building,” said Johann Bordais, chief executive officer at Eve. “Eve is uniquely positioned to deliver not only a high‑performance eVTOL aircraft but also aftermarket services, operational and airspace solutions that customers and cities will require to deploy urban air mobility at scale.”
The company says that it is advancing to flight envelope expansion, evaluating energy management, controllability and stability, noise and vibration, among others with the goal of full transition flights later this year. Which doubtless will see spending rise still further in 2026. While a relatively small value in the grand scheme of things, less than 5% of the loss it is with noting the increase in interest spending as the company’s loans mount which more than tripled in 2025 compared with 2024.
Image: Eve
