Vertical Aerospace (EVTL) Research & Development (2021 - 2026)
Vertical Aerospace's Research & Development was -$39.9 million in Q2 2026, compared with -$15.44 million a year earlier.
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Analysis
Vertical Aerospace (EVTL) Research & Development (2021 - 2026) Analysis & Trends
On a trailing twelve-month basis, Vertical Aerospace's Research & Development was -$140.18 million through Jun 30, 2026; for FY2025, it was -$95.76 million.
- In earlier years, Research & Development was -$76.87 million in FY2024, -$81.31 million in FY2023, -$57.62 million in FY2022 and -$33.42 million in FY2021.
- Quarterly Research & Development has moved between -$134.37 million (Q4 2023) and $19.49 million (Q3 2023) over five years.
- Per Business Quant data, EVTL's Research & Development in the three quarters before Q2 2026 was -$34.49 million (Q1 2026), -$41.08 million (Q4 2025) and -$24.71 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 311.51 Bn | 265.28 Bn | 4.68 Bn | 460.00 Mn |
| 2 | Rtx | 260.81 Bn | 232.28 Bn | 5.13 Bn | 726.00 Mn |
| 3 | Boeing | 150.42 Bn | 57.11 Bn | 2.41 Bn | 921.00 Mn |
| 4 | Lockheed Martin | 126.49 Bn | 113.21 Bn | 2.45 Bn | - |
| 5 | General Dynamics | 93.01 Bn | 80.13 Bn | 2.18 Bn | - |
| 6 | Howmet Aerospace | 84.65 Bn | 80.25 Bn | 951.00 Mn | 8.00 Mn |
| 7 | Motorola Solutions | 76.78 Bn | 73.13 Bn | 1.68 Bn | 260.00 Mn |
| 8 | Northrop Grumman | 75.94 Bn | 65.19 Bn | 2.12 Bn | - |
| 9 | Honeywell International | 67.59 Bn | 19.71 Bn | 3.65 Bn | 524.00 Mn |
| 10 | Vertical Aerospace | 35.65 Mn | -220.05 Mn | 128.28 Mn | 39.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 39.90 Mn |
| Mar 31, 2026 | -34.49 Mn |
| Dec 31, 2025 | 150.44 Mn |
| Sep 30, 2025 | -24.71 Mn |
| Jun 30, 2025 | 15.44 Mn |
| Mar 31, 2025 | -14.13 Mn |
| Dec 31, 2024 | 134.70 Mn |
| Sep 30, 2024 | -19.99 Mn |
| Jun 30, 2024 | 22.68 Mn |
| Mar 31, 2024 | -17.74 Mn |
| Dec 31, 2023 | 27.91 Mn |
| Sep 30, 2023 | 19.49 Mn |
| Jun 30, 2023 | 50.19 Mn |
| Dec 31, 2022 | 91.81 Mn |
| Sep 30, 2022 | -11.49 Mn |
| Jun 30, 2022 | 34.63 Mn |
| Dec 31, 2021 | 48.42 Mn |
| Sep 30, 2021 | -7.06 Mn |
API Access
Vertical Aerospace Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=EVTL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "EVTL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=EVTL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();