Quick Answer
Vertical Aerospace Ltd. reported R&D Expense of $71.99 million for fiscal year 2025.
Vertical Aerospace Ltd. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $71.99M | +20.2% |
| 2024 | $59.89M | -8.4% |
| 2023 | $65.37M | +33.1% |
| 2022 | $49.13M | +102.3% |
| 2021 | $24.29M | +143.6% |
| 2020 | $9.97M | +93.5% |
| 2019 | $5.15M | — |
- Vertical Aerospace Ltd. showed an increase of +20.2% in R&D Expense compared to the prior fiscal year.
- Over the 2019–2025 period, Vertical Aerospace Ltd.’s r&d expense has grown by 1297.1% (from $5.15 million to $71.99 million).
- The most recent figure is from Vertical Aerospace Ltd.’s fiscal year 2025 report (Form 20-F), filed with the SEC on March 24, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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