Vertical Aerospace Q2 FY26 net loss widens to GBP 42.13 million; operating loss rises to GBP 41.45 million - EVTL News | RalliesVertical Aerospace Q2 FY26 net loss widens to GBP 42.13 million; operating loss rises to GBP 41.45 million
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EVTL• Outlook
- Management projected net operating cash outflows of about GBP 110 million over the next 12 months.
Liquidity position
- Cash and cash equivalents fell to GBP 49.69 million at June 30 from GBP 69.08 million at Dec. 31.
Q2 and first-half results
- Vertical Aerospace posted an IFRS net loss of GBP 42.13 million, swinging from profit a year earlier.
- Operating loss widened 79.87% year over year to GBP 41.45 million.
- Cash used in operating activities rose to GBP 83.03 million for the first half, up from GBP 26.3 million.