Growth Metrics

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

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

Vertical Aerospace (EVTL) has 6 years of Operating Income data on file, last reported 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.
  • Across five years, Operating Income topped out at $1.2 million in Q2 2024 and bottomed at -$62.6 million in Q4 2025.
  • The 5-year median for Operating Income is -$31.9 million (2023), against an average of -$32.7 million.
  • The widest annual swing landed in 2024, when Operating Income jumped 103.6%; it then plunged 2688.46% in 2025.
  • A 5-year view of Operating Income shows it stood at -$46.9 million in 2022, then grew by 27.47% to -$34.0 million in 2023, then surged by 31.25% to -$23.4 million in 2024, then sank by 167.27% to -$62.6 million in 2025, then rose 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 General Electric 316.77 Bn 306.03 Bn 9.11 Bn -1.07 Bn
2 Rtx 238.61 Bn 233.51 Bn 9.08 Bn 2.56 Bn
3 Boeing 172.59 Bn 151.68 Bn 2.55 Bn 448.00 Mn
4 Lockheed Martin 122.59 Bn 120.70 Bn 2.08 Bn 2.06 Bn
5 Howmet Aerospace 102.88 Bn 100.44 Bn 854.00 Mn 753.00 Mn
6 General Dynamics 92.64 Bn 88.99 Bn 9.09 Bn 1.42 Bn
7 Rocket Lab 82.19 Bn 80.92 Bn 76.49 Mn -55.97 Mn
8 Northrop Grumman 78.95 Bn 76.86 Bn 3.45 Bn 989.00 Mn
9 TransDigm 70.63 Bn 66.75 Bn 1.51 Bn 1.18 Bn
10 Vertical Aerospace 349,690.50 251,156.18 - -46.26 Mn

Historic Data

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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
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