Vertical Aerospace (EVTL) Balance Sheet: Assets & Liabilities

Vertical Aerospace (EVTL) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), Vertical Aerospace reported total assets of GBP 105.17M and total liabilities of GBP 226.62M. Shareholders' equity was negative at −GBP 121.44M, meaning liabilities exceed assets. Total debt stood at GBP 190.84M against GBP 69.08M in cash and short-term investments, a net debt position of GBP 121.75M.

Vertical Aerospace Balance Sheet Analysis

Values in billions GBP

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Vertical Aerospace Ltd. (EVTL) - Annual data in billions GBP
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2022	FY 2021	FY 2021	FY 2020	FY 2019
Period ending	Dec 2025	Dec 2024	Dec 2023	Jan 2023	Dec 2022	Mar 2022	Dec 2021	Dec 2020	Dec 2019
Current Assets
Cash and Cash Equivalents	0.07	0.02	0.05	0.06	0.06	0.21	0.21	0.00	0.00
Short-Term Investments	0.00	0.00	0.00	0.06	0.06	0.00	-	0.00	0.00
Cash & Short-Term Investments	0.07	0.02	0.05	0.12	0.12	0.21	0.21	0.00	0.00
Accounts Receivable	0.02	0.01	0.00	0.02	0.02	0.01	0.01	0.00	0.00
Inventory	0.00	0.00	0.00	-	0.00	0.00	-	0.00	0.00
Other Current Assets	0.01	0.00	0.02	0.00	0.00	0.01	0.01	0.00	0.00
Total Current Assets	0.10	0.04	0.08	0.14	0.14	0.23	0.23	0.00	0.00
Non-Current Assets
Property, Plant & Equipment (Net)	0.01	0.01	0.01	0.01	0.01	0.00	0.00	0.00	0.00
Goodwill	0.00	0.00	0.00	-	0.00	0.00	0.00	0.00	0.00
Intangible Assets	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Non-Current Assets	0.00	0.00	0.00	-	0.00	0.00	-	0.00	0.00
Total Non-Current Assets	0.01	0.01	0.01	-	0.01	0.01	0.01	0.00	0.00
Total Assets	0.11	0.05	0.08	0.15	0.15	0.23	0.23	0.01	0.01
Current Liabilities
Accounts Payable	0.01	0.01	0.00	0.02	0.02	0.01	0.04	0.00	0.00
Short-Term Debt	0.19	0.52	0.00	-	0.12	0.00	-	0.01	0.00
Accrued Liabilities	0.02	0.01	0.01	-	0.01	-	0.03	0.00	-
Other Current Liabilities	0.00	0.00	0.01	0.00	0.00	0.04	0.01	0.00	0.00
Total Current Liabilities	0.22	0.54	0.02	0.02	0.14	0.05	0.05	0.01	0.00
Non-Current Liabilities
Long-Term Debt	0.00	0.00	0.00	-	0.12	0.11	0.11	0.00	0.00
Other Non-Current Liabilities	0.00	0.00	0.11	0.12	-0.11	0.01	0.12	0.00	0.00
Total Non-Current Liabilities	0.00	0.01	0.12	0.12	0.01	0.12	0.12	0.00	0.00
Total Liabilities	0.23	0.55	0.13	0.14	0.14	0.17	0.17	0.01	0.00
Stockholders' Equity
Common Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Retained Earnings	-0.92	-1.15	-0.39	-0.34	-0.34	-0.25	-0.25	-0.01	0.00
Accumulated Other Comprehensive Income	0.14	0.10	0.09	0.09	0.09	0.06	0.06	0.00	0.00
Treasury Stock	0.00	0.00	-	-	-	-	-	-	-
Additional Paid-in Capital	0.66	0.55	0.26	-	0.26	0.25	0.25	0.00	0.00
Shares Outstanding	0.10	0.07	0.02	-	0.02	-	0.02	-	-
Total Stockholders' Equity	-0.12	-0.50	-0.05	0.01	0.01	0.06	0.06	0.00	0.00
Total Liabilities & Equity	0.11	0.05	0.08	-	0.15	0.23	0.23	0.01	0.01

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Vertical Aerospace Balance Sheet

How much debt does Vertical Aerospace have?

Vertical Aerospace had total debt of GBP 190.84M as of Dec 31, 2025, against GBP 69.08M in cash and short-term investments. Total debt was GBP 525.86M a year earlier.

What are Vertical Aerospace's total assets?

Vertical Aerospace reported total assets of GBP 105.17M as of Dec 31, 2025, up 120.3% from GBP 47.73M a year earlier. Total liabilities were GBP 226.62M.

What is Vertical Aerospace's shareholders' equity?

Vertical Aerospace's shareholders' equity was negative at −GBP 121.44M as of Dec 31, 2025, so its liabilities exceeded its assets.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition