Vertical Aerospace (EVTL) Research & Development (2021 - 2026)

Vertical Aerospace has reported Research & Development for 6 years, with the latest figure at -$34.5 million in Q1 2026.

• For the quarter ending Q1 2026, Research & Development fell 144.11% year-over-year to -$34.5 million; the trailing twelve-month figure through Mar 2026 stood at $45.2 million (up 4.58% YoY), and the FY2025 full-year result was $95.8 million, up 24.58% from the prior year.
• Research & Development for Q1 2026 stood at -$34.5 million, down from $150.4 million in the prior quarter.
• The five-year high for Research & Development was $150.4 million in Q4 2025, with the low at -$100.1 million in Q3 2024.
• Historically, Research & Development has averaged $21.5 million across 5 years, with a median of $21.1 million in 2023.
• The largest YoY upside for Research & Development was 382.67% in 2024 against a maximum downside of 613.35% in 2024.
• Vertical Aerospace's Research & Development stood at $91.8 million in 2022, then plunged by 69.6% to $27.9 million in 2023, then jumped by 382.67% to $134.7 million in 2024, then increased by 11.68% to $150.4 million in 2025, then tumbled by 122.93% to -$34.5 million in 2026.
• The last three Research & Development figures came in at -$34.5 million (Q1 2026), $150.4 million (Q4 2025), and -$86.2 million (Q3 2025), per Business Quant data.