Vertical Aerospace (EVTL) Operating Income (2021 - 2026)
Vertical Aerospace (EVTL) reported Operating Income of -$46.3 million for Q1 2026, down 36.59% on a YoY basis from -$73.0 million in Q1 2025, and up 26.05% quarter-over-quarter from -$62.6 million in Q4 2025.
Vertical Aerospace (EVTL) Operating Income (2021 - 2026) Analysis & Trends
Vertical Aerospace has reported Operating Income for 6 years, with the latest figure at -$46.3 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Income fell 36.59% year-over-year to -$46.3 million; the trailing twelve-month figure through Mar 2026 stood at -$180.7 million (down 110.2% YoY), and the FY2025 full-year result was -$169.5 million, down 115.93% from the prior year.
- Operating Income for Q1 2026 stood at -$46.3 million, up from -$62.6 million in the prior quarter.
- The five-year high for Operating Income was $1.2 million in Q2 2024, with the low at -$62.6 million in Q4 2025.
- Historically, Operating Income has averaged -$32.7 million across 5 years, with a median of -$31.9 million in 2023.
- Annual changes were most pronounced in 2024 — Operating Income jumped 103.6% — and 2025, when it slumped 2688.46%.
- Vertical Aerospace's Operating Income stood at -$46.9 million in 2022, then climbed by 27.47% to -$34.0 million in 2023, then jumped by 31.25% to -$23.4 million in 2024, then slumped by 167.27% to -$62.6 million in 2025, then increased by 26.05% to -$46.3 million in 2026.
- The last three Operating Income figures came in at -$46.3 million (Q1 2026), -$62.6 million (Q4 2025), and -$41.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | DEFSEC Technologies | 5,720.56 Bn | 5,720.56 Bn | 456,459.43 | -1.39 Mn |
| 2 | General Electric | 359.38 Bn | 348.64 Bn | 9.11 Bn | -1.07 Bn |
| 3 | Rtx | 248.80 Bn | 243.70 Bn | 9.08 Bn | 2.56 Bn |
| 4 | Boeing | 180.64 Bn | 159.74 Bn | 2.55 Bn | 448.00 Mn |
| 5 | Lockheed Martin | 121.64 Bn | 119.74 Bn | 2.08 Bn | 2.06 Bn |
| 6 | Howmet Aerospace | 108.46 Bn | 106.03 Bn | 854.00 Mn | 753.00 Mn |
| 7 | General Dynamics | 96.96 Bn | 93.31 Bn | 9.09 Bn | 1.42 Bn |
| 8 | Embraer | 95.73 Bn | 93.11 Bn | - | - |
| 9 | Northrop Grumman | 77.30 Bn | 75.21 Bn | 3.45 Bn | 989.00 Mn |
| 10 | Vertical Aerospace | 294,300.59 | 195,766.28 | - | -46.26 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| 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 |