InsiderClue
Stocks · Industrials · Aircraft

Vertical Aerospace Ltd.

EVTL Clue Score39
United Kingdom Fiscal year ends December CIK 0001867102
$0.52 -4.06% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $0.52 −52.53% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 15 Dec 2021. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2019Revenue0.1Operating income−7.4Net income−7.5EPS, diluted−0.07Fiscal year 2020Revenue0.1 +24.3%Operating income−11.5Net income−12.3EPS, diluted−0.12Fiscal year 2021Revenue0.1 +51.7%Operating income−277.2Net income−245.2EPS, diluted−1.98Fiscal year 2022Operating income−98.1Net income−94.4EPS, diluted−5.26Fiscal year 2023Operating income−101.9Net income−59.9EPS, diluted−3.13Fiscal year 2024Operating income−61.2Net income−781.2EPS, diluted−38.46Fiscal year 2025Operating income−127.4Net income232.9EPS, diluted−0.57
FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 0.1 0.1 0.1 n/a n/a n/a n/a
Growth +24.3% +51.7%
Operating income −7.4 −11.5 −277.2 −98.1 −101.9 −61.2 −127.4
Net income −7.5 −12.3 −245.2 −94.4 −59.9 −781.2 232.9
Growth
EPS, diluted −0.07 −0.12 −1.98 −5.26 −3.13 −38.46 −0.57

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2019Gross margin5.7%Operating margin−10,640.0%Net margin−10,691.4%Free cash flow margin−12,585.7%Fiscal year 2020Gross margin49.4%Operating margin−13,235.6%Net margin−14,167.8%Free cash flow margin−13,985.1%Fiscal year 2021Gross margin51.5%Operating margin−210,029.5%Net margin−185,775.8%Free cash flow margin−21,469.7%Fiscal year 2022Fiscal year 2023Fiscal year 2024Fiscal year 2025
FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 5.7% 49.4% 51.5% n/a n/a n/a n/a
Operating margin −10,640.0% −13,235.6% −210,029.5% n/a n/a n/a n/a
Net margin −10,691.4% −14,167.8% −185,775.8% n/a n/a n/a n/a
Free cash flow margin −12,585.7% −13,985.1% −21,469.7% n/a n/a n/a n/a

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2019Operating cash flow−7.3Capital expenditure−1.5Free cash flow−8.8Fiscal year 2020Operating cash flow−12.0Capital expenditure−0.2Free cash flow−12.2Fiscal year 2021Operating cash flow−27.6Capital expenditure−0.8Free cash flow−28.3Fiscal year 2022Operating cash flow−103.7Capital expenditure−1.4Free cash flow−105.2Fiscal year 2023Operating cash flow−74.7Capital expenditure−2.1Free cash flow−76.8Fiscal year 2024Operating cash flow−46.3Capital expenditure−0.4Free cash flow−46.7Fiscal year 2025Operating cash flow−82.8Capital expenditure−0.3Free cash flow−83.1
FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow −7.3 −12.0 −27.6 −103.7 −74.7 −46.3 −82.8
Capital expenditure −1.5 −0.2 −0.8 −1.4 −2.1 −0.4 −0.3
Free cash flow −8.8 −12.2 −28.3 −105.2 −76.8 −46.7 −83.1
Growth

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2019Cash1.0Shareholders’ equity4.2Fiscal year 2020Cash0.8Shareholders’ equity−0.9Fiscal year 2021Cash212.7Shareholders’ equity61.6Fiscal year 2022Cash62.9Shareholders’ equity7.3Fiscal year 2023Cash48.7Shareholders’ equity−49.8Fiscal year 2024Cash22.6Shareholders’ equity−499.3Fiscal year 2025Cash69.1Shareholders’ equity−121.4
FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 1.0 0.8 212.7 62.9 48.7 22.6 69.1
Shareholders’ equity 4.2 −0.9 61.6 7.3 −49.8 −499.3 −121.4

In millions of GBP, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of GBP, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022† 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025† 31 Dec 2025
Revenue and profit
0.1 0.1 0.1 n/a n/a n/a n/a
Growth +24.3% +51.7%
0.1 0.0 0.1 n/a n/a n/a n/a
0.0 0.0 0.1 n/a n/a n/a n/a
Growth +975.0% +58.1%
5.2 10.0 24.3 49.1 65.4 59.9 72.0
−7.4 −11.5 −277.2 −98.1 −101.9 −61.2 −127.4
Growth
−7.5 −12.3 −245.2 −94.4 −82.6 −781.2 202.6
−0.0 0.0 n/a n/a −22.7 0.0 −30.3
−7.5 −12.3 −245.2 −94.4 −59.9 −781.2 232.9
Growth
Per share
−0.07 −0.12 −1.98 −5.26 −3.13 −38.46 2.63
−0.07 −0.12 −1.98 −5.26 −3.13 −38.46 −0.57
Growth
99.9 99.9 124.1 17.9 19.1 20.3 88.7
99.9 99.9 124.1 17.9 19.1 20.3 127.2
Growth +0.0% +24.2% −85.5% +6.6% +6.2% +526.0%

† The diluted share count jumps at 2022 and 2025, so per-share figures either side of that column are not comparable. Usually a split, but the break lands on the restatement boundary rather than on the split date, because every column is that period’s latest filing.

Shown in GBP as filed; the screener converts to dollars.

Five years in brief

Worked out from the figures above, not from a press release
  • A net loss in 6 of 7 years on file.