Vertical Aerospace (EVTWF) Operating Expenses (2021 - 2026)

Vertical Aerospace (EVTWF) has 6 years of Operating Expenses data on file, last reported at -$55.1 million in Q1 2026.

• In Q1 2026, Operating Expenses fell 111.38% year-over-year to -$55.1 million; the TTM figure through Mar 2026 stood at -$10.7 million (down 594.62% YoY), while the FY2025 annual figure was $95.8 million, up 24.58% from the prior year.
• Operating Expenses fell to -$55.1 million in Q1 2026, from $150.4 million in the prior quarter.
• Across five years, Operating Expenses topped out at $150.4 million in Q4 2025 and bottomed at -$115.0 million in Q3 2024.
• A 5-year average of $10.7 million and a median of $7.6 million in 2023 frame the typical range for Operating Expenses.
• The widest YoY moves for Operating Expenses: up 382.67% in 2024, down 1826.25% in 2024.
• Year by year, Operating Expenses 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 tumbled by 136.64% to -$55.1 million in 2026.
• The last three Operating Expenses figures came in at -$55.1 million (Q1 2026), $150.4 million (Q4 2025), and -$104.6 million (Q3 2025), per Business Quant data.

Peer Comparison