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

Vertical Aerospace (EVTL) has 6 years of Research & Development data on file, last reported 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.
• Across five years, Research & Development topped out at $150.4 million in Q4 2025 and bottomed at -$100.1 million in Q3 2024.
• The 5-year median for Research & Development is $21.1 million (2023), against an average of $21.5 million.
• Peak annual rise in Research & Development reached 382.67% in 2024, while the deepest fall reached 613.35% in 2024.
• A 5-year view of Research & Development shows it stood at $91.8 million in 2022, then tumbled by 69.6% to $27.9 million in 2023, then surged by 382.67% to $134.7 million in 2024, then rose by 11.68% to $150.4 million in 2025, then slumped 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.

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