Vertical Aerospace (EVTL)
NYSE:EVTL
Earnings Data
Report Date
May 06, 2026TBA (Not Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.24Last Year’s EPS
4.62Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call conveyed substantial technical and product progress — operational milestones on flight testing, a live battery pilot line, supplier partnerships, new facilities and strong customer/industry interest. However, execution risk remains in the near term due to weather- and regulation-driven delays in completing the final transition tests and a pronounced funding gap relative to the company’s planned ~$190–$200 million cash outlay over the next 12 months. Management emphasizes they have optionality and are actively engaging financing channels, but the need to raise additional capital and some schedule uncertainty balance the positive operational momentum.Company Guidance
Flight Test Progress Nearing Completion
Piloted full-scale prototype flight testing has been underway for ~20 months and the pilot transition phase is in its tail end; company estimates less than 10% of transition test points remain. Prototype #3 completed commissioning and the team recently had both prototypes running simultaneously. Critical Design Review (CDR) is expected by mid-2026, which will enable full-rate work on preproduction aircraft and support certification credit.
Product Differentiation and Customer/Partner Interest
Valo positioned as a differentiated eVTOL with a roomy cabin, large luggage bay, modular 4→5→6 passenger sizing, pilot/passenger separation and upgradability to hybrid. Announced customer partnerships and networks including the Kingdom of Saudi Arabia, Heli Air Monaco and JetSetGo, and showcased Valo in London, New York, Miami and Atlanta with strong positive feedback from airlines, regulators and investors.
Battery Technology and Manufacturing Progress
Battery pilot production line is operational and a new 30,000 sq. ft. Vertical Energy Center is under development to expand manufacturing capacity. Battery-as-a-Service business projected to deliver ~40% gross margin. Batteries expected to be replaced roughly once per year over a ~20-year aircraft life, with second-life use cases (after ~93% degradation threshold) offering additional revenue opportunities.
Industrialization Milestones and Upcoming Events
Plans to open two new manufacturing facilities in 2026, begin assembly of the first preproduction Valo this year, and fly at the Farnborough Air Show. Investor Day planned at the Vertical Energy Center in July to showcase progress.
Fiscal Discipline in FY2025 Spend
FY2025 spend was in line with guidance of $110–$125 million, a level the company notes is a fraction of competitor spend while delivering industry-leading full-scale piloted and regulated test progress. Management reports completion of almost 100% of 2025 stated milestones.
Supplier and Tier-1 Relationships
Major Tier-1 partnerships largely contracted (examples: Honeywell, Aciturri). New critical supplier partnership announced with Evolito (EPU supplier) and supplier strategy aligned to support certification and ramp.
EVTL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
EVTL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 24, 2026 | $3.52 | $2.88 | -18.18% |
Nov 04, 2025 | $4.44 | $4.25 | -4.28% |
Aug 05, 2025 | $6.16 | $6.15 | -0.16% |
May 13, 2025 | $4.77 | $4.84 | +1.47% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Vertical Aerospace (EVTL) report earnings?
Vertical Aerospace (EVTL) is schdueled to report earning on May 06, 2026, TBA (Not Confirmed).
What is Vertical Aerospace (EVTL) earnings time?
Vertical Aerospace (EVTL) earnings time is at May 06, 2026, TBA (Not Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is EVTL EPS forecast?
EVTL EPS forecast for the fiscal quarter 2026 (Q1) is -0.24.