Virgin Galactic Holdings Key Executives

This section highlights Virgin Galactic Holdings's key executives, including their titles and compensation details.

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Virgin Galactic Holdings Earnings

This section highlights Virgin Galactic Holdings's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.

Next Earnings Date

Date: May 15, 2025
Time: After Market
Est. EPS: $-2.23
Status: Unconfirmed

Last Earnings Results

Date: February 26, 2025
EPS: $-2.53
Est. EPS: $-3.65
Revenue: $429.00K

Earnings Call Transcripts

Transcript Quarter Year Date Estimated EPS Actual EPS
Read Transcript Q4 2024 2025-02-26 $-3.65 $-2.53
Read Transcript Q3 2024 2024-11-06 $-4.10 $-2.66
Read Transcript Q2 2024 2024-08-07 $-5.40 $-4.36
Read Transcript Q1 2024 2024-05-07 $-5.20 $-5.00
Read Transcript Q4 2023 2024-02-27 $-6.00 $-5.00
Read Transcript Q3 2023 2023-11-08 $-8.40 $-5.60
Read Transcript Q2 2023 2023-08-01 $-10.20 $-9.20
Read Transcript Q1 2023 2023-05-09 $-10.00 $-11.40

Virgin Galactic Holdings, Inc. (SPCE)

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.

Industrials Aerospace & Defense

$2.85

Stock Price

$113.97M

Market Cap

744

Employees

Tustin, CA

Location

Financial Statements

Access annual & quarterly financial statements for Virgin Galactic Holdings, including income statements, balance sheets, and cash flow statements..

Annual Income Statement

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Revenue $7.04M $6.80M $2.31M $3.29M $238.00K
Cost of Revenue $- $50.54M $1.91M $272.00K $173.00K
Gross Profit $7.04M $-43.74M $406.00K $3.02M $65.00K
Gross Profit Ratio 100.00% -643.21% 17.56% 91.74% 27.31%
Research and Development Expenses $152.68M $295.14M $314.17M $149.38M $158.76M
General and Administrative Expenses $- $- $- $- $-
Selling and Marketing Expenses $- $- $- $- $-
Selling General and Administrative Expenses $125.50M $174.86M $175.12M $173.18M $116.59M
Other Expenses $105.49M $17.77M $11.10M $182.00K $14.00K
Operating Expenses $383.67M $487.77M $500.39M $322.56M $275.35M
Cost and Expenses $383.67M $538.31M $502.30M $322.83M $275.52M
Interest Income $42.35M $42.23M $12.50M $1.18M $2.28M
Interest Expense $12.93M $12.87M $12.13M $26.00K $36.00K
Depreciation and Amortization $15.47M $13.37M $11.10M $11.52M $9.78M
EBITDA $-318.27M $-475.64M $-476.33M $-341.28M $-635.07M
EBITDA Ratio -4523.48% -6994.75% -20602.34% -10366.83% -266834.87%
Operating Income $-376.63M $-531.51M $-499.98M $-319.54M $-275.28M
Operating Income Ratio -5352.89% -7816.31% -21625.61% -9706.41% -115665.55%
Total Other Income Expenses Net $29.96M $29.62M $430.00K $-33.28M $-369.60M
Income Before Tax $-346.67M $-501.88M $-499.55M $-352.82M $-273.03M
Income Before Tax Ratio -4927.03% -7380.65% -21607.01% -10717.50% -114718.07%
Income Tax Expense $74.00K $453.00K $598.00K $79.00K $6.00K
Net Income $-346.74M $-502.34M $-500.15M $-352.90M $-273.04M
Net Income Ratio -4928.08% -7387.31% -21632.87% -10719.90% -114720.59%
EPS $-13.89 $-29.79 $-37.90 $-28.50 $-24.92
EPS Diluted $-13.89 $-29.79 $-37.90 $-28.50 $-24.92
Weighted Average Shares Outstanding 24.95M 16.86M 13.20M 12.38M 10.96M
Weighted Average Shares Outstanding Diluted 24.95M 16.86M 13.20M 12.38M 10.96M
SEC Filing Source Source Source Source Source


Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Revenue $429.00K $402.00K $4.22M $1.99M $2.81M $1.73M $1.87M $392.00K $869.00K $767.00K $357.00K $319.00K $141.00K $2.58M $571.00K $- $0 $- $- $238.00K
Cost of Revenue $- $19.87M $30.54M $26.29M $24.34M $25.65M $234.00K $318.00K $1.17M $590.00K $122.00K $25.00K $2.00K $207.00K $63.00K $2.87M $0 $- $- $173.00K
Gross Profit $429.00K $-19.47M $-26.32M $-24.30M $-21.53M $-23.92M $1.64M $74.00K $-300.00K $177.00K $235.00K $294.00K $139.00K $2.37M $508.00K $-2.87M $0 $- $- $65.00K
Gross Profit Ratio 100.00% -4843.78% -623.79% -1224.43% -766.43% -1384.26% 87.49% 18.88% -34.52% 23.08% 65.83% 92.16% 98.58% 91.98% 88.97% - 27.31% 0.00% 0.00% 27.31%
Research and Development Expenses $28.24M $23.94M $41.53M $58.97M $53.85M $44.85M $86.57M $109.87M $102.60M $97.41M $62.34M $51.83M $41.52M $35.59M $35.90M $36.36M $41.46M $46.24M $37.15M $34.28M
General and Administrative Expenses $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $32.85M $- $26.05M $26.75M
Selling and Marketing Expenses $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Selling General and Administrative Expenses $29.70M $33.98M $33.93M $27.88M $30.84M $42.22M $51.44M $50.37M $47.30M $46.11M $44.70M $37.01M $39.90M $49.86M $38.50M $44.91M $32.85M $30.94M $26.05M $26.75M
Other Expenses $24.44M $4.34M $171.00K $145.00K $99.00K $86.00K $48.00K $3.25M $3.12M $-203.00K $2.92M $2.85M $72.00K $70.00K $13.00K $27.00K $9.00K $-44.00K $221.00K $-172.00K
Operating Expenses $82.38M $62.26M $75.47M $86.85M $88.34M $90.35M $141.20M $163.48M $153.01M $145.74M $109.95M $91.69M $81.42M $85.45M $74.41M $81.28M $74.32M $77.18M $63.20M $61.04M
Cost and Expenses $82.38M $82.13M $106.01M $113.14M $112.68M $116.00M $141.44M $163.80M $154.18M $146.33M $110.08M $91.71M $81.42M $85.66M $74.47M $81.28M $74.32M $77.18M $63.20M $61.21M
Interest Income $8.57M $10.36M $11.11M $12.31M $13.64M $12.86M $8.40M $7.33M $6.17M $3.52M $1.99M $818.00K $417.00K $234.00K $- $- $272.00K $322.00K $506.00K $1.18M
Interest Expense $3.24M $3.23M $3.23M $3.23M $3.22M $3.22M $3.22M $3.21M $3.21M $3.29M $3.16M $2.47M $- $- $- $318.00K $10.00K $9.00K $8.00K $9.00K
Depreciation and Amortization $4.17M $4.34M $3.26M $3.70M $3.65M $3.29M $3.19M $3.25M $3.12M $6.41M $2.92M $2.85M $2.88M $2.90M $2.90M $2.87M $2.77M $2.68M $2.62M $2.10M
EBITDA $-75.62M $-66.86M $-87.25M $-95.01M $-96.88M $-98.04M $-127.92M $-152.80M $-143.97M $-140.03M $-104.63M $-87.71M $-78.40M $-45.44M $-91.13M $-126.78M $-71.27M $-74.50M $-60.67M $-58.87M
EBITDA Ratio -17627.97% -16632.09% -2067.65% -4786.20% -3448.77% -5673.84% -6837.09% -38979.85% -16567.09% -18256.32% -29307.00% -27494.04% -55601.42% -1761.12% -15959.19% - -29945798319327732.00% - - -24734.03%
Operating Income $-81.95M $-81.73M $-101.79M $-111.16M $-114.27M $-114.27M $-139.57M $-163.41M $-153.31M $-145.56M $-109.72M $-91.39M $-81.28M $-83.08M $-73.90M $-81.28M $-74.32M $-77.18M $-63.20M $-60.97M
Operating Income Ratio -19103.26% -20330.35% -2412.09% -5599.90% -4067.82% -6612.96% -7459.43% -41685.20% -17642.23% -18977.97% -30733.89% -28649.53% -57646.10% -3220.12% -12941.86% - -31225630252100844.00% - - -25618.49%
Total Other Income Expenses Net $5.39M $7.29M $8.05M $9.23M $10.52M $9.72M $5.24M $4.15M $3.02M $28.00K $-978.00K $-1.64M $489.00K $34.74M $-20.14M $-48.37M $-110.00K $101.00K $578.00K $996.00K
Income Before Tax $-76.56M $-74.44M $-93.74M $-101.93M $-103.75M $-104.55M $-134.33M $-159.26M $-150.29M $-145.53M $-110.70M $-93.03M $-80.79M $-48.34M $-94.03M $-129.65M $-74.05M $-76.91M $-62.48M $-59.98M
Income Before Tax Ratio -17845.69% -18516.17% -2221.35% -5135.11% -3693.34% -6050.41% -7179.58% -40626.79% -17294.71% -18974.32% -31007.84% -29163.64% -57299.29% -1873.76% -16468.30% - -31111764705882356.00% - - -25200.00%
Income Tax Expense $-145.00K $105.00K $34.00K $80.00K $238.00K $53.00K $34.00K $128.00K $529.00K $21.00K $23.00K $25.00K $5.00K $25.00K $6.00K $43.00K $-28.00K $40.00K $40.00K $-46.00K
Net Income $-76.41M $-74.54M $-93.78M $-102.01M $-103.98M $-104.60M $-134.36M $-159.38M $-150.82M $-145.55M $-110.72M $-93.06M $-80.80M $-48.37M $-94.04M $-129.69M $-74.02M $-76.95M $-62.52M $-59.93M
Net Income Ratio -17811.89% -18542.29% -2222.16% -5139.14% -3701.82% -6053.47% -7181.40% -40659.44% -17355.58% -18977.05% -31014.29% -29171.47% -57302.84% -1874.73% -16469.35% - -31100000000000000.00% - - -25180.67%
EPS $-2.53 $-2.66 $-4.36 $-5.10 $-5.20 $-5.57 $-9.16 $-11.45 $-10.97 $-0.55 $-8.56 $-7.21 $-6.27 $-3.80 $-7.81 $-11.08 $-8.80 $-8.17 $-6.80 $-37.23
EPS Diluted $-2.53 $-2.66 $-4.36 $-5.10 $-5.20 $-5.57 $-9.16 $-11.45 $-10.97 $-0.55 $-8.56 $-7.21 $-6.35 $-6.49 $-7.81 $-11.08 $-8.80 $-8.20 $-6.80 $-37.23
Weighted Average Shares Outstanding 30.25M 27.97M 21.48M 20.02M 19.99M 18.79M 14.66M 13.92M 13.75M 263.91M 12.93M 12.91M 12.72M 7.45M 12.04M 11.71M 11.84M 11.23M 10.59M 10.12M
Weighted Average Shares Outstanding Diluted 30.25M 27.97M 21.48M 20.02M 19.99M 18.79M 14.66M 13.92M 13.75M 263.91M 12.93M 12.91M 12.89M 12.76M 12.04M 11.71M 11.84M 11.26M 10.59M 10.12M
SEC Filing Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source

Annual Balance Sheet

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Cash and Cash Equivalents $178.60M $216.80M $302.29M $524.48M $665.92M
Short Term Investments $384.62M $657.24M $606.72M $79.42M $-
Cash and Short Term Investments $563.23M $874.04M $909.01M $603.90M $665.92M
Net Receivables $- $- $- $- $540.00K
Inventory $- $16.30M $24.04M $29.67M $30.48M
Other Current Assets $64.71M $60.49M $68.56M $45.02M $30.98M
Total Current Assets $627.94M $950.83M $1.00B $678.59M $727.93M
Property Plant Equipment Net $209.11M $93.81M $53.66M $47.50M $73.06M
Goodwill $- $- $- $- $-
Intangible Assets $- $- $- $- $-
Goodwill and Intangible Assets $- $- $- $- $-
Long Term Investments $- $71.60M $30.39M $301.46M $-
Tax Assets $- $- $- $- $-
Other Non-Current Assets $124.17M $63.29M $54.27M $41.28M $3.00M
Total Non-Current Assets $333.29M $228.69M $138.32M $390.24M $76.06M
Other Assets $- $- $- $- $-
Total Assets $961.23M $1.18B $1.14B $1.07B $803.99M
Account Payables $3.70M $32.41M $16.33M $9.24M $6.00M
Short Term Debt $- $- $- $- $2.83M
Tax Payables $- $- $- $- $-
Deferred Revenue $84.49M $97.84M $102.65M $90.86M $83.21M
Other Current Liabilities $61.82M $55.40M $167.73M $31.42M $30.39M
Total Current Liabilities $150.01M $185.66M $184.05M $131.52M $115.02M
Long Term Debt $420.12M $417.89M $472.37M $39.97M $24.69M
Deferred Revenue Non-Current $- $- $- $- $-
Deferred Tax Liabilities Non-Current $- $- $- $- $-
Other Non-Current Liabilities $68.81M $70.50M $3.30M $3.08M $1.76M
Total Non-Current Liabilities $488.94M $488.38M $475.66M $43.05M $26.45M
Other Liabilities $- $- $- $- $-
Total Liabilities $638.95M $674.04M $659.72M $174.57M $141.47M
Preferred Stock $- $- $- $- $-
Common Stock $3.00K $40.00K $28.00K $26.00K $23.00K
Retained Earnings $-2.47B $-2.13B $-1.62B $-1.12B $-394.71M
Accumulated Other Comprehensive Income Loss $278.00K $371.00K $-7.33M $-1.87M $5.00K
Other Total Stockholders Equity $2.79B $2.63B $2.11B $2.02B $1.30B
Total Stockholders Equity $322.28M $505.48M $480.22M $894.26M $662.52M
Total Equity $322.28M $505.48M $480.22M $894.26M $662.52M
Total Liabilities and Stockholders Equity $961.23M $1.18B $1.14B $1.07B $803.99M
Minority Interest $- $- $- $- $-
Total Liabilities and Total Equity $961.23M $1.18B $1.14B $1.07B $803.99M
Total Investments $384.62M $728.83M $637.11M $380.88M $-
Total Debt $420.12M $417.89M $415.72M $42.48M $27.52M
Net Debt $241.51M $201.09M $113.43M $-482.00M $-638.40M


Balance Sheet Charts

Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Cash and Cash Equivalents $178.60M $172.36M $214.83M $230.35M $216.80M $231.03M $358.31M $415.68M $302.29M $394.03M $329.86M $601.46M $524.48M $702.57M $551.62M $616.62M $665.92M $741.58M $359.91M $419.37M
Short Term Investments $384.62M $478.74M $593.38M $569.78M $657.24M $766.05M $581.91M $417.92M $606.72M $606.71M $587.72M $265.86M $79.42M $29.44M $- $- $- $- $- $-
Cash and Short Term Investments $563.23M $651.10M $808.20M $800.13M $874.04M $997.08M $940.22M $833.61M $909.01M $1.00B $917.57M $867.32M $603.90M $732.01M $551.62M $616.62M $665.92M $741.58M $359.91M $419.37M
Net Receivables $- $- $- $- $- $- $- $2.70M $- $- $- $- $- $- $- $829.00K $540.00K $363.00K $777.00K $552.00K
Inventory $- $- $14.11M $16.72M $16.30M $17.06M $18.25M $22.17M $24.04M $22.85M $33.80M $29.47M $29.67M $29.31M $29.96M $30.19M $30.48M $25.15M $28.61M $28.80M
Other Current Assets $64.71M $62.15M $54.12M $55.52M $60.49M $62.08M $66.24M $61.32M $68.56M $62.42M $58.78M $52.79M $45.02M $27.04M $28.02M $26.69M $30.98M $22.78M $26.35M $26.61M
Total Current Assets $627.94M $713.25M $843.91M $837.45M $950.83M $1.08B $1.02B $919.79M $1.00B $1.09B $1.01B $949.58M $678.59M $788.35M $609.61M $674.33M $727.93M $789.86M $415.64M $475.33M
Property Plant Equipment Net $209.11M $181.15M $202.06M $169.09M $93.81M $74.07M $69.87M $60.37M $53.66M $48.87M $49.18M $47.48M $47.50M $48.13M $48.87M $50.94M $73.06M $72.97M $56.03M $52.38M
Goodwill $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Intangible Assets $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Goodwill and Intangible Assets $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Long Term Investments $- $60.43M $12.54M $67.11M $71.60M $53.13M $- $- $30.39M $69.07M $164.78M $314.14M $301.46M $256.69M $- $- $- $- $- $-
Tax Assets $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Other Non-Current Assets $124.17M $61.48M $3.96M $4.62M $63.29M $64.57M $52.21M $53.36M $54.27M $55.22M $44.36M $40.94M $41.28M $24.45M $25.54M $22.76M $3.00M $3.22M $19.31M $20.35M
Total Non-Current Assets $333.29M $303.06M $218.55M $240.81M $228.69M $191.76M $122.08M $113.72M $138.32M $173.17M $258.32M $402.56M $390.24M $329.27M $74.41M $73.70M $76.06M $76.19M $75.33M $72.73M
Other Assets $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Assets $961.23M $1.02B $1.06B $1.08B $1.18B $1.27B $1.15B $1.03B $1.14B $1.26B $1.27B $1.35B $1.07B $1.12B $684.02M $748.03M $803.99M $866.05M $490.98M $548.06M
Account Payables $3.70M $8.08M $37.70M $32.89M $32.41M $27.99M $24.73M $25.60M $16.33M $19.87M $12.77M $9.71M $9.24M $8.00M $3.59M $3.74M $6.00M $8.49M $8.23M $8.41M
Short Term Debt $- $- $- $9.25M $- $- $- $- $- $3.24M $- $- $- $- $- $- $2.83M $- $- $-
Tax Payables $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Deferred Revenue $84.49M $86.14M $87.73M $92.33M $97.84M $97.92M $100.11M $102.08M $102.65M $103.97M $104.60M $100.09M $90.86M $84.77M $81.96M $83.02M $83.21M $83.19M $81.73M $83.26M
Other Current Liabilities $61.82M $63.69M $53.78M $129.61M $55.40M $54.23M $63.15M $63.16M $65.08M $43.49M $39.51M $33.08M $31.42M $25.71M $26.99M $31.33M $30.39M $24.36M $23.74M $21.72M
Total Current Liabilities $150.01M $157.91M $179.21M $171.75M $185.66M $180.14M $187.99M $190.83M $184.05M $170.57M $156.87M $142.88M $131.52M $118.48M $112.54M $118.08M $115.02M $116.04M $113.70M $113.39M
Long Term Debt $420.12M $419.56M $487.28M $487.72M $487.11M $487.49M $473.19M $472.58M $472.37M $472.04M $458.19M $414.15M $39.97M $23.64M $23.87M $- $24.69M $- $- $-
Deferred Revenue Non-Current $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Deferred Tax Liabilities Non-Current $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Other Non-Current Liabilities $68.81M $72.86M $1.15M $1.21M $1.27M $994.00K $1.06M $3.33M $3.30M $3.03M $2.83M $43.01M $3.08M $5.57M $102.39M $210.10M $1.76M $23.76M $23.04M $22.67M
Total Non-Current Liabilities $488.94M $492.41M $488.43M $488.92M $488.38M $488.49M $474.25M $475.90M $475.66M $475.07M $461.03M $457.16M $43.05M $29.21M $126.25M $210.10M $26.45M $23.76M $23.04M $22.67M
Other Liabilities $- $- $1 $1 $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Liabilities $638.95M $650.32M $667.64M $660.68M $674.04M $668.62M $662.24M $666.73M $659.72M $645.64M $617.90M $600.05M $174.57M $147.69M $238.79M $328.18M $141.47M $139.80M $136.74M $136.06M
Preferred Stock $- $- $- $- $- $- $- $- $- $1 $- $- $- $- $- $- $- $- $- $-
Common Stock $3.00K $3.00K $2.00K $41.00K $40.00K $40.00K $34.00K $28.00K $28.00K $27.00K $26.00K $26.00K $26.00K $25.00K $23.00K $23.00K $23.00K $23.00K $21.00K $21.00K
Retained Earnings $-2.47B $-2.40B $-2.32B $-2.23B $-2.13B $-2.02B $-1.92B $-1.78B $-1.62B $-1.47B $-1.33B $-1.22B $-1.12B $-1.04B $-994.48M $-891.82M $-394.71M $-321.07M $-244.12M $-181.61M
Accumulated Other Comprehensive Income Loss $278.00K $1.24M $-583.00K $-501.00K $371.00K $-1.31M $-2.27M $-4.19M $-7.33M $-10.41M $-9.64M $-7.67M $-1.87M $-421.00K $11.00K $31.00K $5.00K $53.00K $5.00K $5.00K
Other Total Stockholders Equity $2.79B $2.76B $2.72B $2.65B $2.63B $2.62B $2.40B $2.15B $2.11B $2.10B $1.99B $1.98B $2.02B $2.01B $1.44B $1.32B $1.06B $1.05B $598.34M $593.58M
Total Stockholders Equity $322.28M $365.99M $394.83M $417.58M $505.48M $599.36M $484.54M $366.78M $480.22M $613.54M $650.58M $752.10M $894.26M $969.93M $445.22M $419.84M $662.52M $726.25M $354.24M $412.00M
Total Equity $322.28M $365.99M $394.83M $417.58M $505.48M $599.36M $484.54M $366.78M $480.22M $613.54M $650.58M $752.10M $894.26M $969.93M $445.22M $419.84M $662.52M $726.25M $354.24M $412.00M
Total Liabilities and Stockholders Equity $961.23M $1.02B $1.06B $1.08B $1.18B $1.27B $1.15B $1.03B $1.14B $1.26B $1.27B $1.35B $1.07B $1.12B $684.02M $748.03M $803.99M $866.05M $490.98M $548.06M
Minority Interest $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Liabilities and Total Equity $961.23M $1.02B $1.06B $1.08B $1.18B $1.27B $1.15B $1.03B $1.14B $1.26B $1.27B $1.35B $1.07B $1.12B $684.02M $748.03M $803.99M $866.05M $490.98M $548.06M
Total Investments $384.62M $539.17M $605.91M $636.88M $728.83M $819.18M $581.91M $417.92M $637.11M $675.78M $752.49M $580.00M $380.88M $286.13M $- $- $- $- $- $-
Total Debt $420.12M $419.56M $491.71M $491.88M $417.89M $417.34M $416.80M $416.25M $415.72M $415.19M $414.56M $414.15M $42.48M $25.82M $26.78M $620.00K $27.52M $21.06M $21.28M $22.67M
Net Debt $241.51M $247.20M $276.88M $261.52M $201.09M $186.31M $58.49M $573.00K $113.43M $21.16M $84.71M $-187.31M $-482.00M $-676.74M $-524.84M $-616.00M $-638.40M $-720.51M $-338.63M $-396.71M

Annual Cash Flow

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Net Income $-346.74M $-502.34M $-500.15M $-352.90M $-273.04M
Depreciation and Amortization $15.47M $13.37M $11.10M $11.52M $9.78M
Deferred Income Tax $- $- $- $34.65M $-
Stock Based Compensation $29.75M $44.26M $45.71M $61.80M $30.32M
Change in Working Capital $-38.24M $7.93M $50.31M $14.15M $-325.00K
Accounts Receivables $- $- $- $-7.93M $-106.00K
Inventory $- $4.76M $5.62M $815.00K $1.37M
Accounts Payables $-29.20M $-2.36M $35.15M $7.93M $-1.44M
Other Working Capital $-9.04M $5.53M $9.53M $13.34M $-151.00K
Other Non Cash Items $-12.94M $-11.41M $12.80M $11.00K $96.00K
Net Cash Provided by Operating Activities $-352.70M $-448.19M $-380.24M $-230.76M $-233.16M
Investments in Property Plant and Equipment $-121.86M $-44.31M $-16.49M $-4.63M $-17.20M
Acquisitions Net $- $- $269.68M $- $-
Purchases of Investments $-560.07M $-1.01B $-704.57M $-382.88M $-
Sales Maturities of Investments $840.34M $937.87M $434.89M $- $-
Other Investing Activities $17.25M $- $-269.68M $-382.88M $-
Net Cash Used for Investing Activities $175.66M $-116.27M $-286.17M $-387.52M $-17.20M
Debt Repayment $-193.00K $-235.00K $424.46M $-450.00K $-433.00K
Common Stock Issued $137.80M $484.14M $- $500.00M $460.20M
Common Stock Repurchased $- $- $-3.98M $- $-
Dividends Paid $- $- $- $- $-
Other Financing Activities $-3.26M $-8.48M $-68.78M $-10.19M $-23.17M
Net Cash Used Provided by Financing Activities $134.34M $475.43M $459.00M $489.36M $436.59M
Effect of Forex Changes on Cash $- $- $- $- $-
Net Change in Cash $-42.71M $-89.03M $-207.40M $-128.93M $186.23M
Cash at End of Period $210.88M $253.59M $342.63M $550.03M $678.96M
Cash at Beginning of Period $253.59M $342.63M $550.03M $678.96M $492.72M
Operating Cash Flow $-352.70M $-448.19M $-380.24M $-230.76M $-233.16M
Capital Expenditure $-121.86M $-44.31M $-16.49M $-4.63M $-17.20M
Free Cash Flow $-474.56M $-492.50M $-396.73M $-235.40M $-250.36M

Cash Flow Charts

Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Net Income $-76.41M $-74.54M $-93.78M $-102.01M $-103.98M $-104.60M $-134.36M $-159.38M $-150.82M $-145.55M $-110.72M $-93.06M $-80.80M $-48.37M $-94.04M $-129.69M $-74.02M $-76.95M $-62.52M $-59.93M
Depreciation and Amortization $4.17M $4.34M $3.26M $3.70M $3.65M $3.29M $3.19M $3.25M $3.12M $6.41M $2.92M $2.85M $2.88M $2.90M $2.87M $2.87M $2.77M $2.68M $2.62M $2.10M
Deferred Income Tax $- $- $- $- $- $- $- $- $- $- $- $- $- $-34.43M $20.36M $48.72M $- $- $- $-
Stock Based Compensation $5.71M $7.56M $8.24M $8.24M $8.66M $10.76M $11.86M $12.98M $11.22M $11.51M $12.08M $10.89M $13.10M $12.17M $14.42M $22.11M $11.75M $8.62M $5.53M $4.42M
Change in Working Capital $-13.22M $-13.18M $6.55M $-18.38M $2.90M $3.00M $-4.76M $6.80M $4.16M $25.15M $8.22M $12.77M $-366.00K $15.60M $-8.29M $7.22M $-10.61M $10.94M $2.74M $-2.91M
Accounts Receivables $- $- $- $- $-2.64M $-1.37M $4.01M $- $- $- $-8.98M $-1.13M $-13.44M $- $- $3.79M $-100.00K $- $- $2.14M
Inventory $- $- $- $- $761.00K $-1.80M $3.92M $1.87M $-1.19M $10.95M $-4.34M $201.00K $-363.00K $660.00K $222.00K $296.00K $176.00K $3.46M $192.00K $-1.98M
Accounts Payables $-3.84M $-30.38M $12.50M $-7.48M $581.00K $1.37M $-4.01M $-297.00K $11.32M $- $8.98M $1.13M $7.93M $2.58M $-4.07M $3.32M $-1.01M $- $- $-2.98M
Other Working Capital $-9.38M $17.20M $-5.95M $-10.90M $4.20M $4.79M $-8.68M $5.22M $-5.97M $-625.00K $12.56M $12.57M $5.50M $14.94M $-8.52M $-196.00K $-9.68M $7.48M $2.54M $-98.00K
Other Non Cash Items $-1.28M $-3.49M $-1.15M $18.35M $-6.53M $-3.94M $-1.24M $299.00K $1.07M $6.45M $593.00K $489.00K $53.00K $-25.00K $-27.00K $10.00K $21.00K $8.00K $66.00K $1.00K
Net Cash Provided by Operating Activities $-81.03M $-79.31M $-79.13M $-113.23M $-95.31M $-91.50M $-125.32M $-136.07M $-131.24M $-96.04M $-86.91M $-66.05M $-65.13M $-52.16M $-64.70M $-48.77M $-70.10M $-54.70M $-51.58M $-56.31M
Investments in Property Plant and Equipment $-35.71M $-38.66M $-34.41M $-13.07M $-18.37M $-13.32M $-9.85M $-2.77M $-4.18M $-6.01M $-4.52M $-1.77M $-2.18M $-805.00K $-828.00K $-819.00K $-3.54M $-4.00M $-6.10M $-4.04M
Acquisitions Net $- $- $- $- $199.33M $13.32M $9.85M $-222.50M $-40.66M $- $- $- $- $- $- $- $- $- $- $-
Purchases of Investments $-18.75M $-178.53M $-186.99M $-161.84M $-136.89M $-463.03M $-326.63M $-83.29M $-99.62M $-225.69M $-174.36M $-204.90M $-96.75M $-286.13M $- $- $- $- $- $-
Sales Maturities of Investments $110.98M $249.96M $221.98M $257.41M $235.53M $231.06M $165.50M $305.79M $140.28M $- $- $- $- $- $- $- $- $- $- $-
Other Investing Activities $2.69M $- $34.99M $598.00K $-199.33M $-13.32M $-9.85M $222.50M $40.66M $68.92M $-174.36M $-204.90M $-96.75M $-286.13M $- $- $-3.07M $- $- $-
Net Cash Used for Investing Activities $59.21M $32.77M $579.00K $83.10M $80.27M $-245.30M $-170.99M $219.74M $36.47M $62.91M $-178.88M $-206.67M $-98.94M $-286.94M $-828.00K $-819.00K $-3.54M $-4.00M $-6.10M $-4.04M
Debt Repayment $-44.00K $-41.00K $-48.00K $-60.00K $-60.00K $-59.00K $-57.00K $-59.00K $-102.00K $-376.00K $-32.00K $424.97M $-35.00K $-346.00K $-35.00K $-34.00K $-344.00K $-40.00K $-26.00K $-23.00K
Common Stock Issued $29.10M $37.12M $64.31M $7.27M $-5.24M $210.71M $241.39M $32.04M $3.75M $99.57M $- $- $1.12M $505.89M $2.13M $10.84M $- $460.20M $- $-
Common Stock Repurchased $- $- $- $- $-239.00K $- $- $- $- $- $-913.00K $-1.93M $- $-3.98M $-1.29M $-10.51M $- $- $- $-
Dividends Paid $- $- $- $- $-3.00M $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Other Financing Activities $-1.06M $-650.00K $-1.23M $-321.00K $-372.00K $-2.83M $-3.09M $-2.19M $-616.00K $-1.77M $-944.00K $-63.52M $-7.64M $495.44M $565.00K $323.00K $2.46M $-19.80M $-770.00K $-697.00K
Net Cash Used Provided by Financing Activities $27.99M $36.43M $63.03M $6.89M $-432.00K $207.82M $238.25M $29.80M $3.04M $97.43M $-976.00K $359.52M $-6.55M $495.09M $530.00K $289.00K $-2.25M $440.36M $-796.00K $-720.00K
Effect of Forex Changes on Cash $- $- $- $- $-61.30M $- $61.30M $- $- $- $- $- $- $- $- $- $- $- $- $-
Net Change in Cash $6.17M $-10.11M $-15.52M $-23.24M $-15.47M $-128.97M $-58.05M $113.46M $-91.73M $64.30M $-266.76M $86.80M $-170.61M $155.99M $-65.00M $-49.30M $-75.89M $381.67M $-58.47M $-61.07M
Cash at End of Period $210.88M $204.72M $214.83M $230.35M $253.59M $269.06M $398.04M $456.09M $342.63M $434.36M $370.06M $636.83M $550.03M $720.64M $564.65M $629.66M $678.96M $754.84M $373.18M $431.65M
Cash at Beginning of Period $204.72M $214.83M $230.35M $253.59M $269.06M $398.04M $456.09M $342.63M $434.36M $370.06M $636.83M $550.03M $720.64M $564.65M $629.66M $678.96M $754.84M $373.18M $431.65M $492.72M
Operating Cash Flow $-81.03M $-79.31M $-79.13M $-113.23M $-95.31M $-91.50M $-125.32M $-136.07M $-131.24M $-96.04M $-86.91M $-66.05M $-65.13M $-52.16M $-64.70M $-48.77M $-70.10M $-54.70M $-51.58M $-56.31M
Capital Expenditure $-35.71M $-38.66M $-34.41M $-13.07M $-18.37M $-13.32M $-9.85M $-2.77M $-4.18M $-6.01M $-4.52M $-1.77M $-2.18M $-805.00K $-828.00K $-819.00K $-3.54M $-4.00M $-6.10M $-4.04M
Free Cash Flow $-116.74M $-117.97M $-113.55M $-126.30M $-113.68M $-104.82M $-135.17M $-138.84M $-135.43M $-102.05M $-91.43M $-67.82M $-67.31M $-52.97M $-65.53M $-49.59M $-73.64M $-58.70M $-57.68M $-60.35M

Virgin Galactic Holdings Dividends

Explore Virgin Galactic Holdings's dividend history, including dividend yield, payout ratio, and historical payments.

Virgin Galactic Holdings does not currently pay a dividend.

Virgin Galactic Holdings News

Read the latest news about Virgin Galactic Holdings, including recent articles, headlines, and updates.

Virgin Galactic Announces Date of First Quarter 2025 Financial Results and Conference Call

ORANGE COUNTY, Calif.--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic” or the "Company”) today announced that it will report its financial results for the first quarter 2025 following the close of the U.S. markets on Thursday, May 15, 2025. Virgin Galactic will host a conference call to discuss the results that day at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). A live webcast and replay of the conference call will be available on the Company's Investor Relat.

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Virgin Galactic Reports Inducement Award Under NYSE Listing Rule 303A.08

ORANGE COUNTY, Calif.--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic”) announced that the Compensation Committee of Virgin Galactic's Board of Directors approved the grant of a time-based inducement restricted stock unit award of 9,175 shares of Virgin Galactic common stock to a new non-executive employee, effective April 15, 2025. The award was granted under Virgin Galactic's 2023 Employment Inducement Incentive Award Plan, which provides for the granting of eq.

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SPCE stock price analysis after the $12 billion wipeout

The Virgin Galactic stock price has crashed to a record low as concerns about its going concern continued. SPCE crashed to a low of $3.36, bringing the year-to-date losses to 42%.

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Virgin Galactic's new spacecraft looms large as company eyes future profitability

Virgin Galactic Holdings Inc. says it is making progress building its new Delta-class spacecraft, which it says will help unlock the company's future profitability.

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Virgin Galactic Holdings, Inc. (SPCE) Q4 2024 Earnings Call Transcript

Virgin Galactic Holdings, Inc. (NYSE:SPCE ) Q4 2024 Earnings Conference Call February 26, 2025 5:00 PM ET Company Participants Eric Cerny - Vice President, Investor Relations. Michael Colglazier - Chief Executive Officer Mike Moses - President, Spaceline Doug Ahrens - Chief Financial Officer Conference Call Participants Greg Konrad - Jefferies Michael Leshock - KeyBanc Capital Markets Myles Walton - Wolfe Research Tom Nass - TD Cowen Operator Good afternoon.

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Virgin Galactic Announces Date of Fourth Quarter and Full Year 2024 Financial Results and Conference Call

ORANGE COUNTY, Calif.--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic” or the "Company”) today announced that it will report its financial results for the fourth quarter and full year of 2024 following the close of the U.S. markets on Wednesday, February 26, 2025. Virgin Galactic will host a conference call to discuss the results that day at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). A live webcast and replay of the conference call will be available on the.

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Will Virgin Galactic Abandon the Space Tourism Business?

In June 2024, space tourism pioneer Virgin Galactic (SPCE -4.67%) launched its Unity spaceplane with a planeload of space tourists for the last time. In the months since, the company has continued working on its new spaceplane, dubbed the Delta class.

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5 Space Stocks to Watch as the Industry Reaches New Heights

2024 was a breakout year for space stocks, with many companies making headlines for their rapid growth and innovative advancements. Rocket Lab NASDAQ: RKLB, for instance, was a standout, with its stock skyrocketing over 360% in 2024 as the company met rising demand for small satellite launches.

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Undercovered Dozen: Virgin Galactic, Gold Fields, Matador Resources, EHang +

The 'Undercovered' Dozen highlights 12 lesser-covered stocks, offering investment ideas and encouraging discussions on their potential and market outlook. Beyond Inc. is rated a Strong Buy by Oskar Goyvaerts due to its turnaround plan, new CEO, and cost cuts aiming for breakeven FCF by Q3 2025. BioCGT Investor discusses the potential of Editas Medicine and Intellia Therapeutics despite market pessimism, with strategic pipeline reprioritization and significant upside targets possible.

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Virgin Galactic Partners with Italy's Ente Nazionale per l'Aviazione Civile to Conduct Spaceport Feasibility Study

WASHINGTON--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) (the “Company” or “Virgin Galactic”) and Ente Nazionale per l'Aviazione Civile (“ENAC”), the civil aviation authority of Italy, today announced the signing of an Agreement of Cooperation to jointly study the feasibility of Virgin Galactic conducting spaceflight operations from Grottaglie Spaceport in the Puglia region of Southern Italy. The study will evaluate the necessary technical requirements for suborbital spaceflight.

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Shocking News (But No, Not Really): Virgin Galactic Needs More Money

Virgin Galactic can't sell rocket rides to space tourists for another couple of years -- so it sells stock instead.

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Virgin Galactic: Perfect Execution Is The Only Way To Survive

Virgin Galactic Holdings, Inc.'s latest $300 million ATM offering to build 2 additional Delta spaceships may actually be critical for the company to fund its operations until 2026. Perfect execution is the only way for Virgin Galactic to survive, in my opinion, ahead of the maturity of the $419.5 million debt in early 2027. Virgin Galactic may be behind schedule for Delta spaceships based on its underspending this year compared to the guidance issued in Q3 2023.

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Virgin Galactic building the foundation for strong future profitability, KeyBanc says

Virgin Galactic Holdings Inc.'s progress toward its new class of spacecraft bodes well for the company's future profitability, according to KeyBanc Capital Markets.

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Bet on 5 Top-Ranked Stocks With Rising P/E

Tap five stocks with increasing P/E ratios to try an an out-of-the-box approach. These stocks include American Eagle Outfitters (AEO), Groupon (GRPN), Nextracker Inc. (NXT), ESS Tech (GWH) and Virgin Galactic (SPCE).

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Virgin Galactic (SPCE) Reports Q3 Loss, Misses Revenue Estimates

Virgin Galactic (SPCE) came out with a quarterly loss of $2.66 per share versus the Zacks Consensus Estimate of a loss of $4.10. This compares to loss of $5.60 per share a year ago.

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12 High-Growth Stocks That Could Deliver Parabolic Returns

These 12 innovative companies could deliver exponential returns over the next quarter century.

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Italy's Spacewear to develop training clothing for Virgin Galactic

Italy's Spacewear has closed a deal with Virgin Galactic to design and develop a clothing range for the training of its astronauts and space tourists, the founder of the startup said.

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United Airlines Will Offer Free Wi-Fi On Flights In 2025 Using SpaceX's Starlink

United Airlines will be equipping its planes with free in-flight Wi-Fi using SpaceX's Starlink internet service next year, the airline announced Thursday, becoming the latest airline to offer complimentary internet service.

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Does Virgin Galactic (SPCE) Have the Potential to Rally 467.09% as Wall Street Analysts Expect?

The mean of analysts' price targets for Virgin Galactic (SPCE) points to a 467.1% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

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3 Aerospace-Defense Stocks to Buy Amid Solid US Defense Budget

Aerospace-Defense stocks ride high on impressive air passenger view and solid US defense budget amid the adverse impacts of supply-chain challenges. You may buy LDOS, SPCE and AIRI.

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Virgin Galactic Charges $900,000 Per Ticket -- but Is That Enough?

Virgin Galactic got into the space business promising trips for $250,000 a pop. In the second quarter, space tourists on the Unity spaceplane shelled out closer to $900,000 each, helping the company deliver a revenue beat.

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Wall Street Analysts Predict a 420.73% Upside in Virgin Galactic (SPCE): Here's What You Should Know

The consensus price target hints at a 420.7% upside potential for Virgin Galactic (SPCE). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

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7 Tech Stocks to Sell Before They Plummet in a 2024 Recession

If you've been paying attention, you know that tech stocks have been the rocket fuel propelling this bull market to dizzying heights. However, these high-flyers could come crashing back to Earth when the downturn hits.

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7 Space Exploration Stocks That Could Pioneer New Frontiers

Ongoing developments in next generation launch vehicles, as well as lunar missions, together with the rising interest of the private sector in space exploration, make space explorations stocks potentially lucrative targets for investors. The rivalry between the two global superpowers is growing ever more heated, and both the United States and China are pouring money into space exploration and development, from satellites to moon landing missions.

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Prediction: Rocket Lab Gets a New Neighbor in SpaceX

Five years ago, New Zealand rocket launcher Rocket Lab announced plans to set up a launch site in the United States. Now, U.S. space giant SpaceX may be contemplating setting up a rocket base in Australia.

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Space stocks set to climb, boosted by Virgin Galactic and Rocket Lab results

Space stocks are climbing in premarket trades Friday, boosted by Virgin Galactic Holdings Inc.'s and Rocket Lab USA Inc.'s results this week.

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Virgin Galactic Holdings, Inc. (SPCE) Q2 2024 Earnings Call Transcript

Virgin Galactic Holdings, Inc. (NYSE:SPCE ) Q2 2024 Earnings Conference Call August 7, 2024 5:00 PM ET Company Participants Eric Cerny - Vice President, Investor Relations Michael Colglazier - President and Chief Executive Officer Doug Ahrens - Chief Financial Officer Conference Call Participants Gregory Konrad - Jefferies Oliver Chen - TD Cowen Myles Walton - Wolfe Research Michael Leshock - KeyBanc Capital Markets Operator Good afternoon. My name is Sarah and I'll be your conference operator today.

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Related Metrics

Explore detailed financial metrics and analysis for SPCE.