Vertical Aerospace Ltd. income statement

In fiscal 2021, Vertical Aerospace Ltd. reported revenue of $181,682, up 62.8% on the year before, operating income of −$382m (a -210029.5% margin) and net income of −$338m, or −$27.25 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Vertical Aerospace Ltd.: income statement, annual
Fiscal year	2019Dec 2019	2020Dec 2020	2021Dec 2021
Revenue	0	0	0
Cost of revenue	0	0	0
Gross profit	0	0	0
Research and development	7	13	33
General and administrative	3	5	364
Operating income	−10	−15	−382
Interest expense	0	0	0
Income before tax	−10	−16	−338
Income tax	−0	0	—
Net income	−10	−16	−338
Diluted EPS	−$0.89	−$1.54	−$27.25
Diluted shares (average)	10m	10m	12m
EBITDA	−9	−14	−381

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Vertical Aerospace Ltd.'s SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Vertical Aerospace Ltd.