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Research & Development Expenses by Segment
Tracks how much the company spends on R&D in each business unit or program, revealing where management is allocating resources and which areas are being developed. Highlights strategic priorities, the pace of pipeline investment, and cash burn tied to future products. Large or rising R&D spend in a segment can signal growth potential but also raises financing and execution risk unless matched by clear progress on milestones or eventual revenue.R&D spending has shifted decisively into the eVTOL program—accelerating investment in engineering and flight testing while UATM declines and Services stays small—signaling a push from development toward certification readiness. Management’s call confirms this prioritization (robust flight‑test progress, plans for conforming prototypes, record liquidity and targeted Embraer synergies to trim burn). That focus increases the odds of hitting certification milestones but also magnifies near‑term cash‑burn and execution risk if certification timing or synergy capture falters.
Date | Evtol | Service & Operations Solutions | UATM |
|---|---|---|---|
Jun 30, 2026 | $26.26M | $2.39M | $278.00K |
Mar 31, 2026 | $56.04M | $2.55M | $489.00K |
Dec 31, 2025 | $56.68M | $2.04M | $715.00K |
Sep 30, 2025 | $42.55M | $1.67M | $648.00K |
Jun 30, 2025 | $43.23M | $1.53M | $905.00K |
Mar 31, 2025 | $42.42M | $1.33M | $953.00K |
Dec 31, 2024 | $30.72M | $1.59M | $1.34M |
Sep 30, 2024 | $29.96M | $1.03M | $1.43M |
Jun 30, 2024 | $33.44M | $1.68M | $1.20M |
Mar 31, 2024 | $24.64M | $1.59M | $1.22M |