Vertical Aerospace (EVTL) Change in Taxes (2023 - 2025)
Vertical Aerospace posted quarterly Change in Taxes of -$69.9 million for Q4 2025, down 443.75% year-on-year from $20.3 million in Q4 2024, and down 223.93% on a QoQ basis from $56.4 million in Q3 2025.
Vertical Aerospace (EVTL) has 3 years of Change in Taxes data on file, last reported at -$69.9 million in Q4 2025.
- For the quarter ending Q4 2025, Change in Taxes fell 443.75% year-over-year to -$69.9 million; the trailing twelve-month figure through Dec 2025 stood at $11.4 million (down 15.28% YoY), and the FY2025 full-year result was -$40.4 million, down 69975.8% from the prior year.
- Change in Taxes for Q4 2025 stood at -$69.9 million, down from $56.4 million in the prior quarter.
- Across five years, Change in Taxes topped out at $56.4 million in Q3 2025 and bottomed at -$69.9 million in Q4 2025.
- The 3-year median for Change in Taxes is $4.2 million (2025), against an average of $3.0 million.
- Peak annual rise in Change in Taxes reached 737.08% in 2024, while the deepest fall reached 79673.27% in 2024.
- A 3-year view of Change in Taxes shows it stood at -$16115.1 in 2023, then slumped by 79673.27% to -$12.9 million in 2024, then plunged by 443.75% to -$69.9 million in 2025.
- The last three Change in Taxes figures came in at -$69.9 million (Q4 2025), $56.4 million (Q3 2025), and $4.2 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 316.77 Bn | 306.03 Bn | 9.11 Bn | - |
| 2 | Rtx | 238.61 Bn | 233.51 Bn | 9.08 Bn | - |
| 3 | Boeing | 172.59 Bn | 151.68 Bn | 2.55 Bn | -16.00 Mn |
| 4 | Lockheed Martin | 122.59 Bn | 120.70 Bn | 2.08 Bn | 103.00 Mn |
| 5 | Howmet Aerospace | 102.88 Bn | 100.44 Bn | 854.00 Mn | 26.00 Mn |
| 6 | General Dynamics | 92.64 Bn | 88.99 Bn | 9.09 Bn | - |
| 7 | Rocket Lab | 82.19 Bn | 80.92 Bn | 76.49 Mn | - |
| 8 | Northrop Grumman | 78.95 Bn | 76.86 Bn | 3.45 Bn | -164.00 Mn |
| 9 | TransDigm | 70.63 Bn | 66.75 Bn | 1.51 Bn | -99.00 Mn |
| 10 | Vertical Aerospace | 349,690.50 | 251,156.18 | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -69.90 Mn |
| Dec 31, 2025 | -69.90 Mn |
| Sep 30, 2025 | 56.41 Mn |
| Sep 30, 2025 | 56.41 Mn |
| Jun 30, 2025 | 4.16 Mn |
| Jun 30, 2025 | 4.16 Mn |
| Mar 31, 2025 | 20.74 Mn |
| Mar 31, 2025 | 20.74 Mn |
| Dec 31, 2024 | -12.86 Mn |
| Dec 31, 2024 | -12.86 Mn |
| Sep 30, 2024 | 21.45 Mn |
| Sep 30, 2024 | 21.45 Mn |
| Jun 30, 2024 | 4.89 Mn |
| Jun 30, 2024 | 4.89 Mn |
| Dec 31, 2023 | -16,115.12 |
| Dec 31, 2023 | -16,115.12 |
| Sep 30, 2023 | 2.56 Mn |
| Sep 30, 2023 | 2.56 Mn |