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Vertical Aerospace
(NYSE:EVTL)
Vertical Aerospace (EVTL) vs. SPDR S&P 500 ETF (SPY)
Vertical Aerospace Business Overview & Revenue Model
Vertical Aerospace Earnings Call Summary
Vertical Aerospace Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 132.00K | 87.00K |
| Gross Profit | -13.29M | -3.45M | -3.37M | -2.69M | 68.00K | 43.00K |
| EBITDA | -3.62B | -60.08M | -63.53M | -77.15M | -243.71M | -10.86M |
| Net Income | -3.54B | -781.24M | -59.95M | -94.38M | -245.22M | -12.33M |
Balance Sheet | ||||||
| Total Assets | 118.41M | 47.73M | 84.08M | 151.24M | 233.33M | 8.88M |
| Cash, Cash Equivalents and Short-Term Investments | 93.48M | 22.56M | 48.68M | 122.81M | 212.66M | 839.00K |
| Total Debt | 189.39M | 2.20M | 2.62M | 233.66M | 114.74M | 7.33M |
| Total Liabilities | 210.57M | 547.07M | 133.86M | 143.92M | 171.77M | 9.82M |
| Stockholders Equity | -92.00M | -499.34M | -49.78M | 7.32M | 61.56M | -938.00K |
Cash Flow | ||||||
| Free Cash Flow | -75.39M | -46.72M | -76.96M | -105.72M | -28.34M | -12.40M |
| Operating Cash Flow | -79.71M | -46.29M | -74.70M | -103.71M | -27.55M | -12.01M |
| Investing Cash Flow | 1.02M | 1.73M | 61.38M | -62.96M | -3.35M | -688.00K |
| Financing Cash Flow | 138.94M | 18.77M | 169.00K | 7.25M | 244.71M | 12.51M |
Vertical Aerospace Technical Analysis
Vertical Aerospace Risk Analysis
Vertical Aerospace Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
56 Neutral | $366.25M | -134.16 | ― | ― | ― | ― | |
55 Neutral | $1.45B | -6.25 | -115.63% | ― | ― | -33.69% | |
55 Neutral | $5.93B | -6.53 | -59.13% | ― | ― | 11.14% | |
48 Neutral | $230.36M | -0.41 | -98.87% | ― | -82.36% | 56.88% | |
45 Neutral | $527.12M | -0.56 | ― | ― | ― | ― | |
43 Neutral | $952.48M | -30.54 | -24.59% | ― | 23.58% | 20.74% |
Vertical Aerospace Corporate Events
On January 20, 2026, Vertical Aerospace Ltd. held an Extraordinary General Meeting at which shareholders representing about 68% of the company’s voting power approved a substantial increase in the firm’s authorized share capital, from US$210,000 (200 million ordinary shares and 10 million preferred shares) to US$1,010,000 (1 billion ordinary shares and 10 million preferred shares). Investors also passed a special resolution to adopt a fifth amended and restated memorandum and articles of association to reflect the higher authorized share capital, with both measures taking effect immediately. The move significantly expands Vertical Aerospace’s capacity to issue new equity, positioning the company to tap capital markets more flexibly for future financing needs and potential strategic initiatives, which could have material implications for existing shareholders through future dilution as the new share capacity is utilized.
The most recent analyst rating on (EVTL) stock is a Hold with a $6.00 price target. To see the full list of analyst forecasts on Vertical Aerospace stock, see the EVTL Stock Forecast page.
Vertical Aerospace Ltd., the UK-based aerospace company listed in the U.S. as a foreign private issuer, reported that as of December 31, 2025, it held approximately £69 million ($93 million) in cash and cash equivalents. The company characterized these figures as preliminary management-prepared data that remain subject to adjustment and have not been audited or reviewed by PricewaterhouseCoopers LLP, underscoring that no external assurance has yet been provided on the reported cash position, which may influence how investors assess its liquidity and financial runway.
The most recent analyst rating on (EVTL) stock is a Hold with a $5.00 price target. To see the full list of analyst forecasts on Vertical Aerospace stock, see the EVTL Stock Forecast page.
On December 29, 2025, Vertical Aerospace Ltd. called an extraordinary general meeting (EGM) of shareholders to be held on January 20, 2026 in Bristol, U.K., with a record date of December 29, 2025, to vote on significant changes to its capital structure and corporate constitution. The board is asking shareholders to approve an increase in the company’s authorized share capital from US$210,000 (200,000,000 ordinary shares plus 10,000,000 preferred shares) to US$1,010,000 (1,000,000,000 ordinary shares plus 10,000,000 preferred shares), and to adopt a new, fifth amended and restated memorandum and articles of association reflecting this higher authorization. The company says the larger share pool is needed to cover current contingent obligations to issue ordinary shares and to accommodate future equity issuance, signalling continued reliance on share-based financing and providing greater flexibility for future corporate actions, which could have material implications for existing shareholders’ dilution and for Vertical’s ability to raise capital in the competitive advanced air mobility market.
The most recent analyst rating on (EVTL) stock is a Buy with a $11.00 price target. To see the full list of analyst forecasts on Vertical Aerospace stock, see the EVTL Stock Forecast page.
On December 10, 2025, Vertical Aerospace unveiled Valo, a zero-emission eVTOL aircraft designed to redefine urban air mobility. Valo, succeeding the VX4 prototype, features a more advanced design informed by extensive testing and customer feedback. It is engineered to meet the highest safety standards, targeting certification in 2028, and aims to enter service with airline and operator customers. The launch of Valo marks the UK’s return to aircraft manufacturing leadership and is expected to create significant economic benefits, including over 2,000 high-skilled jobs and a £3 billion annual contribution to the UK economy by 2035.
The most recent analyst rating on (EVTL) stock is a Buy with a $11.00 price target. To see the full list of analyst forecasts on Vertical Aerospace stock, see the EVTL Stock Forecast page.
Vertical Aerospace has announced a long-term supplier partnership with Syensqo, a leader in advanced materials, to supply composite and adhesive materials for the VX4 aircraft. This partnership, which becomes irrevocable on December 26, 2025, is a significant step in Vertical’s industrialization plan, especially as the VX4 targets certification in 2028. The collaboration with Syensqo, along with existing partnerships with companies like Honeywell and Aciturri, strengthens Vertical’s position in the aerospace industry, supporting both commercial and defense applications. The integration of Syensqo’s materials will enhance the VX4’s structural efficiency and durability, crucial for its high-cycle operations.
The most recent analyst rating on (EVTL) stock is a Buy with a $11.00 price target. To see the full list of analyst forecasts on Vertical Aerospace stock, see the EVTL Stock Forecast page.
On December 1, 2025, Vertical Aerospace announced that 16 members of its Board of Directors and senior leadership team increased their holdings in the company’s ordinary shares by approximately 50% through open-market purchases in November 2025. This move, along with the acquisition of an additional 350,000 shares by the majority shareholder Mudrick Capital Management, underscores the leadership’s confidence in the company’s long-term value creation. The announcement comes as Vertical Aerospace is set to complete the final stages of its transition flight test program and unveil its new full-size aircraft on December 10, 2025. The share purchases and upcoming milestones highlight the company’s strategic positioning and commitment to advancing its eVTOL technology, which could have significant implications for stakeholders and the broader aerospace industry.
The most recent analyst rating on (EVTL) stock is a Buy with a $11.00 price target. To see the full list of analyst forecasts on Vertical Aerospace stock, see the EVTL Stock Forecast page.
On November 4, 2025, Vertical Aerospace announced its third-quarter updates, highlighting significant progress in its flight testing and business strategy. The company is set to begin piloted transition flight tests for its VX4 aircraft, aiming for full transition flights by year-end. Vertical also unveiled the design of its certification aircraft cabin, emphasizing passenger comfort and flexibility. The company is on track to meet its financial guidance for 2025 and has outlined ambitious production and financial goals for 2030, including producing at least 175 aircraft annually and achieving a 20% gross margin.
The most recent analyst rating on (EVTL) stock is a Buy with a $8.00 price target. To see the full list of analyst forecasts on Vertical Aerospace stock, see the EVTL Stock Forecast page.