Vertical Aerospace (EVTL) Operating Expenses (2021 - 2025)

Vertical Aerospace (EVTL) has reported Operating Expenses for 6 consecutive years, with -$55.1 million the latest figure, recorded in Q1 2026.

• Operating Expenses for Q1 2026 came in at -$55.1 million, down 111.38% year-over-year; the trailing twelve-month figure through Mar 2026 was -$10.7 million (down 594.62% YoY), and the FY2025 annual result was $95.8 million, up 24.58% from the prior year.
• Operating Expenses was -$55.1 million for Q1 2026 at Vertical Aerospace, down from $150.4 million in the prior quarter.
• Over five years, Operating Expenses peaked at $150.4 million in Q4 2025 and troughed at -$115.0 million in Q3 2024.
• Average Operating Expenses over 5 years is $10.7 million, with a median of $7.6 million recorded in 2023.
• The widest YoY moves for Operating Expenses: up 382.67% in 2024, down 1826.25% in 2024.
• Over 5 years, Operating Expenses stood at $91.8 million in 2022, then tumbled by 69.6% to $27.9 million in 2023, then jumped by 382.67% to $134.7 million in 2024, then advanced by 11.68% to $150.4 million in 2025, then tumbled by 136.64% to -$55.1 million in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were -$55.1 million in Q1 2026, $150.4 million in Q4 2025, and -$104.6 million in Q3 2025.