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

Vertical Aerospace (EVTL) has reported Research & Development for 6 consecutive years, with -$34.5 million the latest figure, recorded in Q1 2026.

• Research & Development for Q1 2026 came in at -$34.5 million, down 144.11% year-over-year; the trailing twelve-month figure through Mar 2026 was $45.2 million (up 4.58% YoY), and the FY2025 annual result was $95.8 million, up 24.58% from the prior year.
• Research & Development was -$34.5 million for Q1 2026 at Vertical Aerospace, down from $150.4 million in the prior quarter.
• Over five years, Research & Development peaked at $150.4 million in Q4 2025 and troughed at -$100.1 million in Q3 2024.
• Average Research & Development over 5 years is $21.5 million, with a median of $21.1 million recorded in 2023.
• The widest YoY moves for Research & Development: up 382.67% in 2024, down 613.35% in 2024.
• Over 5 years, Research & Development stood at $91.8 million in 2022, then tumbled by 69.6% to $27.9 million in 2023, then jumped by 382.67% to $134.7 million in 2024, then advanced by 11.68% to $150.4 million in 2025, then slumped by 122.93% to -$34.5 million in 2026.
• Per Business Quant data, the three most recent Research & Development figures were -$34.5 million in Q1 2026, $150.4 million in Q4 2025, and -$86.2 million in Q3 2025.