$4.72
+2.9%Virgin Galactic Holdings, Inc. focuses on the development, manufacture, and operation of spaceships and related technologies for conducting commercial human spaceflight and flying commercial research and development payloads into space. It is also involved in the ground and flight testing, and post-flight maintenance of its spaceflight system vehicles. The company serves private individuals, researchers, and government agencies. Virgin Galactic Holdings, Inc. was founded in 2017 is headquartered in Las Cruces, New Mexico. Virgin Galactic Holdings, Inc. was a former subsidiary of Virgin Orbit Holdings, Inc.
Negative gross margin indicates the company is losing money on each sale—unsustainable long-term.
Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.
Net losses indicate the company is burning cash. Sustainability depends on path to profitability.
High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.
SPCE • NYSE
| Virgin Galactic Holdings, Inc. Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 |
|---|---|---|---|---|---|---|---|---|---|
REVENUE | |||||||||
1.5M | 7M | 6.8M | 2.3M | 3.3M | 238K | 3.8M | 2.8M | 1.8M | |
GROSS PROFIT | |||||||||
(72.8M) | (90M) | (50.5M) | (1.9M) | (272K) | (173K) | (2M) | (1.3M) | (488K) | |
-71.2M | -83M | -43.7M | 406K | 3M | 65K | 1.8M | 1.5M | 1.3M | |
OPERATING INCOME | |||||||||
(214.1M) | (293.6M) | (487.8M) | (500.4M) | (322.6M) | (275.3M) | (215M) | (1.3M) | (140M) | |
(117.2M) | (125.5M) | (174.9M) | (175.1M) | (173.2M) | (111.2M) | (82.2M) | (46.3M) | (610.6K) | |
(80.5M) | (152.7M) | (295.1M) | (314.2M) | (149.4M) | (154.4M) | (132.9M) | (116.7M) | (93.1M) | |
-285.3M | -376.6M | -531.5M | -500M | -319.5M | -275.3M | -213.3M | -1.3M | -140M | |
PRE-TAX INCOME | |||||||||
(12.8M) | (12.9M) | (12.9M) | (12.1M) | (25K) | (36K) | (36K) | (10K) | (0.0) | |
9.1M | 29.4M | 29.4M | 372K | 1.2M | 2.2M | 2.3M | 623K | 0.0 | |
(16.5M) | (15.5M) | (17.8M) | (11.1M) | (182K) | (9.8M) | (128K) | (1.3M) | (140M) | |
6.5M | 30M | 29.6M | 430K | -33.3M | -369.6M | 2.4M | 29.2M | 140M | |
-278.9M | -346.7M | -501.9M | -499.6M | -352.8M | -644.9M | -210.9M | 11M | 1.3M | |
NET INCOME | |||||||||
(52K) | (74K) | (453K) | (598K) | (79K) | (6K) | (62K) | -24.6M | (155K) | |
-278.9M | -346.7M | -502.3M | -500.2M | -352.9M | -644.9M | -210.9M | 11M | 1.3M |
SPCE - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | June 02, 2026 | June 02, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 28, 2026 | May 28, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 18, 2026 | May 18, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 14, 2026 | May 14, 2026 | 2026 | |
S-3 S-3 N/A | May 14, 2026 | May 14, 2026 | ||
10-Q 10-Q 2026 Q1 Q1 | May 14, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 30, 2026 | April 30, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 24, 2026 | April 24, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 21, 2026 | April 21, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 21, 2026 | April 21, 2026 | 2026 |
Continue your SPCE research with focused valuation guides.
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.