Vertical Aerospace EVTL
NYSE EVTL
$0.57 -0.02 (-2.75%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Vertical Aerospace's (EVTL) quarterly Research & Development came in at $39.9 million in Q2 2026, up 158.4% on a YoY basis from $15.4 million in Q2 2025, and up 215.69% quarter-over-quarter from -$34.5 million in Q1 2026.

Analysis

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

Vertical Aerospace (EVTL) has reported Research & Development for 6 consecutive years, with $39.9 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Research & Development rose 158.4% year-over-year to $39.9 million; the trailing twelve-month figure through Jun 2026 stood at $136.4 million (up 17.56% YoY), and the FY2025 full-year result was $95.8 million, up 24.58% from the prior year.
  • Research & Development climbed to $39.9 million in Q2 2026 per EVTL's latest filing, from -$34.5 million in the prior quarter.
  • Across five years, Research & Development topped out at $155.7 million in Q4 2025 and bottomed at -$34.5 million in Q1 2026.
  • Historically, Research & Development has averaged $32.5 million across 5 years, with a median of $22.7 million in 2024.
  • The sharpest annual moves came in 2022 and 2024: Research & Development surged 637.79% in 2022, then slumped 202.57% in 2024.
  • Over 5 years, Research & Development stood at $91.8 million in 2022, then slumped by 69.6% to $27.9 million in 2023, then soared by 382.67% to $134.7 million in 2024, then advanced by 15.59% to $155.7 million in 2025, then plunged by 74.37% to $39.9 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered $39.9 million, -$34.5 million, and $155.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Rtx 270.60 Bn 264.04 Bn 9.91 Bn 726.00 Mn
2 Boeing 167.74 Bn 147.73 Bn 2.41 Bn 921.00 Mn
3 Howmet Aerospace 103.67 Bn 103.11 Bn 951.00 Mn 8.00 Mn
4 Honeywell International 66.43 Bn 57.56 Bn 3.65 Bn 524.00 Mn
5 TransDigm 64.26 Bn 61.56 Bn 1.63 Bn -
6 Heico 45.47 Bn 45.85 Bn 580.99 Mn -
7 AerCap Holdings 24.26 Bn 24.26 Bn - -
8 Woodward 20.44 Bn 19.97 Bn 349.91 Mn 49.32 Mn
9 FTAI Aviation 20.14 Bn 19.81 Bn 317.30 Mn -
10 Vertical Aerospace 59.95 Mn 59.95 Mn 128.28 Mn -39.90 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 39.90 Mn
Mar 31, 2026 -34.49 Mn
Dec 31, 2025 155.70 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
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 -17.07 Mn
Sep 30, 2021 -7.06 Mn