Vertical Aerospace (EVTL) Operating Expenses (2021 - 2026)

Vertical Aerospace (EVTL) has reported Operating Expenses for 6 consecutive years, with $20.4 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Operating Expenses rose 1572.35% year-over-year to $20.4 million; the trailing twelve-month figure through Jun 2026 stood at -$40.6 million (down 166.83% YoY), and the FY2025 full-year result was $24.8 million, up 17.24% from the prior year.
• Operating Expenses improved to $20.4 million in Q2 2026 per EVTL's latest filing, from -$55.1 million in the prior quarter.
• Across five years, Operating Expenses topped out at $123.1 million in Q4 2024 and bottomed at -$55.1 million in Q1 2026.
• Historically, Operating Expenses has averaged $10.2 million across 5 years, with a median of $8.5 million in 2024.
• The sharpest annual moves came in 2024 and 2026: Operating Expenses tumbled 623.86% in 2024, then soared 1572.35% in 2026.
• Over 5 years, Operating Expenses stood at $66.5 million in 2022, then plunged by 70.03% to $19.9 million in 2023, then surged by 517.58% to $123.1 million in 2024, then slumped by 69.78% to $37.2 million in 2025, then plunged by 45.21% to $20.4 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $20.4 million, -$55.1 million, and $37.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.