Vertical Aerospace Ltd.
EVTL- Exchange
- NYSE
- Industry
- Aircraft
- SEC CIK
- 0001867102
No open-market purchases or sales by Vertical Aerospace Ltd. insiders were filed in the last 90 days; 81 institutions reported holding it in 13F filings for Q2 2026, worth $170.5M in total; no superinvestor holds it.
- Currency
- GBP
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 8, 2026, 2:52 PM ET
Amounts are in GBP, the currency Vertical Aerospace Ltd. reports in. Lines marked ≈ US$ convert key figures to US dollars.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 20-F | 20-F | 20-F | 20-F | 20-F |
| Reported | – | – | – | – | – |
| Revenue | – | – | – | – | GBP 132.0K≈ US$181.7K |
| Cost of revenue | – | – | – | – | GBP 64.0K |
| Gross profit | – | – | – | – | GBP 68.0K |
| Research and development | GBP 72.0M | GBP 59.9M | GBP 65.4M | GBP 49.1M | GBP 24.3M |
| Selling, general and administrative | GBP 53.4M | GBP 43.4M | GBP 40.8M | GBP 54.8M | GBP 264.3M |
| Operating income | GBP -127.4M | GBP -61.2M | GBP -101.9M | GBP -98.1M | GBP -277.2M |
| Interest expense | – | – | GBP 16.5M | GBP 28.5M | GBP 575.0K |
| Income tax | GBP -30.3M | GBP 45.0K | GBP -22.7M | – | – |
| Net income | GBP 232.9M≈ US$307.3M | GBP -781.2M≈ US-$998.5M | GBP -59.9M≈ US-$74.6M | GBP -94.4M≈ US-$116.8M | GBP -245.2M≈ US-$337.5M |
| EPS, basic | GBP 2.63 | GBP -38.46 | GBP -0.31 | GBP -0.53 | GBP -1.98 |
| EPS, diluted | GBP -0.57 | GBP -38.46 | GBP -0.31 | GBP -0.53 | GBP -1.98 |
| Weighted shares, basic | 88.7M | 20.3M | 191.3M | 179.5M | 124.1M |
| Weighted shares, diluted | 127.2M | 20.3M | – | 179.5M | 124.1M |
| Margins and growth | |||||
| Gross margin | – | – | – | – | 51.5% |
| Operating margin | – | – | – | – | -210029.5% |
| Net margin | – | – | – | – | -185775.8% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 20-F | 20-F | 20-F | 20-F | 20-F |
| Reported | – | – | – | – | – |
| Cash and equivalents | GBP 69.1M | GBP 22.6M | GBP 48.7M | GBP 62.9M | GBP 212.7M |
| Short-term investments | – | – | – | GBP 59.9M | – |
| Accounts receivable | GBP 29.5M | GBP 18.3M | GBP 26.4M | GBP 18.9M | GBP 12.7M |
| Total current assets | GBP 99.8M | GBP 42.6M | GBP 76.8M | GBP 143.4M | GBP 225.3M |
| Property, plant and equipment | GBP 2.39M | GBP 3.08M | GBP 3.82M | GBP 2.69M | GBP 1.83M |
| Intangible assets | – | GBP 132.0K | GBP 1.02M | GBP 2.05M | GBP 4.21M |
| Total assets | GBP 105.2M≈ US$141.4M | GBP 47.7M≈ US$59.8M | GBP 84.1M≈ US$107.1M | GBP 151.2M≈ US$182.6M | GBP 233.3M≈ US$315.0M |
| Accounts payable | GBP 33.5M | GBP 15.6M | GBP 16.9M | GBP 16.0M | GBP 40.2M |
| Total current liabilities | GBP 223.2M | GBP 540.8M | GBP 18.4M | GBP 21.5M | GBP 51.3M |
| Total liabilities | GBP 226.6M | GBP 547.1M | GBP 133.9M | GBP 143.9M | GBP 171.8M |
| Shareholders' equity | GBP -121.4M | GBP -499.3M | GBP -49.8M | GBP 7.32M | GBP 61.6M |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 20-F | 20-F | 20-F | 20-F | 20-F |
| Reported | – | – | – | – | – |
| Operating cash flow | GBP -82.8M≈ US-$109.2M | GBP -46.3M≈ US-$59.2M | GBP -74.7M≈ US-$92.9M | GBP -103.7M≈ US-$128.3M | GBP -27.6M≈ US-$37.9M |
| Capital expenditures | GBP 290.0K | GBP 428.0K | GBP 2.10M | GBP 1.44M | GBP 790.0K |
| Free cash flow | GBP -83.1M≈ US-$109.6M | GBP -46.7M≈ US-$59.7M | GBP -76.8M≈ US-$95.5M | GBP -105.2M≈ US-$130.1M | GBP -28.3M≈ US-$39.0M |
| Stock-based compensation | GBP 9.67M | GBP 7.49M | GBP 8.82M | GBP 23.2M | GBP 101.6M |
| Share buybacks | – | GBP 803.0K | – | – | – |
| Investing cash flow | GBP 2.61M | GBP 1.73M | GBP 61.4M | GBP -63.0M | GBP -3.35M |
| Financing cash flow | GBP 127.8M | GBP 18.8M | GBP 169.0K | GBP 7.25M | GBP 244.7M |
| Net change in cash | – | – | – | – | GBP 213.8M |
| Ratio | |||||
| Stock-based compensation, % of revenue | – | – | – | – | 76975.8% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
- ≈ US$ figures convert GBP at FRED H.10 exchange rates (Federal Reserve): the average rate over the period for income and cash flow, and the rate on the period-end date, or the last business day before it, for the balance sheet.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.