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

Vertical Aerospace (EVTL) posted Operating Income of -$46.3 million for Q1 2026, up 26.05% on a QoQ basis from -$62.6 million in Q4 2025, and down 36.59% year-over-year from -$73.0 million in Q1 2025.

Vertical Aerospace (EVTL) Operating Income (2021 - 2026) Analysis & Trends

Vertical Aerospace's Operating Income history runs 6 years deep, the most recent figure standing at -$46.3 million for Q1 2026.

  • Quarterly Operating Income fell 36.59% year-over-year to -$46.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$180.7 million (down 110.2% YoY) and the FY2025 annual result came in at -$169.5 million, down 115.93% from the prior year.
  • Operating Income was -$46.3 million for Q1 2026 at Vertical Aerospace, up from -$62.6 million in the prior quarter.
  • Across five years, Operating Income topped out at $1.2 million in Q2 2024 and bottomed at -$62.6 million in Q4 2025.
  • A 5-year average of -$32.3 million and a median of -$30.7 million in 2025 frame the typical range for Operating Income.
  • Annual changes were most pronounced in 2024 — Operating Income jumped 103.6% — and 2025, when it sank 2688.46%.
  • Vertical Aerospace's Operating Income stood at -$46.9 million in 2022, then increased by 27.47% to -$34.0 million in 2023, then soared by 31.25% to -$23.4 million in 2024, then plunged by 167.27% to -$62.6 million in 2025, then gained by 26.05% to -$46.3 million in 2026.
  • Business Quant data shows EVTL's Operating Income at -$46.3 million in Q1 2026, -$62.6 million in Q4 2025, and -$41.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 General Electric 373.45 Bn 364.10 Bn -3.10 Bn -13.96 Bn
2 Rtx 288.16 Bn 279.85 Bn 9.91 Bn 2.81 Bn
3 Boeing 167.44 Bn 147.42 Bn 2.41 Bn 156.00 Mn
4 Lockheed Martin 132.17 Bn 128.38 Bn 2.45 Bn 2.48 Bn
5 Howmet Aerospace 112.99 Bn 110.56 Bn 854.00 Mn 753.00 Mn
6 General Dynamics 102.42 Bn 98.09 Bn 6.76 Bn 1.46 Bn
7 Northrop Grumman 75.81 Bn 73.51 Bn 3.72 Bn 1.10 Bn
8 TransDigm 72.68 Bn 68.79 Bn 1.51 Bn 1.18 Bn
9 L3Harris Technologies 50.93 Bn 50.34 Bn 1.40 Bn 652.00 Mn
10 Vertical Aerospace 112.50 Mn 112.40 Mn - -46.26 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -46.26 Mn
Dec 31, 2025 -62.56 Mn
Sep 30, 2025 -41.12 Mn
Jun 30, 2025 -30.74 Mn
Mar 31, 2025 -33.87 Mn
Dec 31, 2024 -23.41 Mn
Sep 30, 2024 -29.87 Mn
Jun 30, 2024 1.19 Mn
Mar 31, 2024 -26.49 Mn
Dec 31, 2023 -34.05 Mn
Sep 30, 2023 -27.80 Mn
Jun 30, 2023 -33.03 Mn
Dec 31, 2022 -46.94 Mn
Sep 30, 2022 -21.96 Mn
Jun 30, 2022 -27.23 Mn
Dec 31, 2021 -332.68 Mn
Sep 30, 2021 -11.59 Mn