Vertical Aerospace (EVTWF) Change in Taxes (2023 - 2025)
Vertical Aerospace (EVTWF) posted Change in Taxes of -$69.9 million for Q4 2025, down 223.93% on a QoQ basis from $56.4 million in Q3 2025, and down 443.75% year-over-year from $20.3 million in Q4 2024.
Vertical Aerospace (EVTWF) has 3 years of Change in Taxes data on file, last reported at -$69.9 million in Q4 2025.
- In Q4 2025, Change in Taxes fell 443.75% year-over-year to -$69.9 million; the TTM figure through Dec 2025 stood at $11.4 million (up 447.58% YoY), while the FY2025 annual figure was -$40.4 million, down 69975.8% from the prior year.
- Change in Taxes slipped to -$69.9 million in Q4 2025, from $56.4 million in the prior quarter.
- Across five years, Change in Taxes topped out at $56.4 million in Q3 2025 and bottomed at -$69.9 million in Q4 2025.
- A 3-year average of $1.2 million and a median of $4.2 million in 2025 frame the typical range for Change in Taxes.
- Annual changes were most pronounced in 2024 — Change in Taxes slumped 79673.27% — and 2025, when it jumped 1101.57%.
- Year by year, Change in Taxes stood at -$16115.1 in 2023, then slumped by 79673.27% to -$12.9 million in 2024, then plunged by 443.75% to -$69.9 million in 2025.
- The last three Change in Taxes figures came in at -$69.9 million (Q4 2025), $56.4 million (Q3 2025), and $4.2 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 338.65 Bn | 327.91 Bn | 9.11 Bn | - |
| 2 | Rtx | 242.18 Bn | 237.08 Bn | 9.08 Bn | - |
| 3 | Boeing | 182.15 Bn | 161.24 Bn | 2.55 Bn | -16.00 Mn |
| 4 | Lockheed Martin | 121.95 Bn | 120.06 Bn | 2.08 Bn | 103.00 Mn |
| 5 | Howmet Aerospace | 103.56 Bn | 101.12 Bn | 854.00 Mn | 26.00 Mn |
| 6 | General Dynamics | 93.70 Bn | 90.05 Bn | 9.09 Bn | - |
| 7 | Embraer | 89.60 Bn | 86.98 Bn | - | - |
| 8 | Rocket Lab | 86.87 Bn | 85.59 Bn | 76.49 Mn | - |
| 9 | Northrop Grumman | 80.10 Bn | 78.01 Bn | 3.45 Bn | -164.00 Mn |
| 10 | Vertical Aerospace | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -69.90 Mn |
| Dec 31, 2025 | -69.90 Mn |
| Sep 30, 2025 | 56.41 Mn |
| Sep 30, 2025 | 56.41 Mn |
| Jun 30, 2025 | 4.16 Mn |
| Jun 30, 2025 | 4.16 Mn |
| Mar 31, 2025 | 20.74 Mn |
| Mar 31, 2025 | 20.74 Mn |
| Dec 31, 2024 | -12.86 Mn |
| Dec 31, 2024 | -12.86 Mn |
| Sep 30, 2024 | 21.45 Mn |
| Sep 30, 2024 | 21.45 Mn |
| Jun 30, 2024 | 4.89 Mn |
| Jun 30, 2024 | 4.89 Mn |
| Dec 31, 2023 | -16,115.12 |
| Dec 31, 2023 | -16,115.12 |
| Sep 30, 2023 | 2.56 Mn |
| Sep 30, 2023 | 2.56 Mn |