Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

SG&A

Customer experience

Depreciation and amortization

Special charges

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Virgin Galactic

Virgin Galactic Holdings, Inc. is an aerospace and space travel company, which engages in the manufacture of advanced air and space vehicles, and the provision of spaceflight services for private individuals and researchers. It designs spaceships which can fly anyone to space safely without the need for expertise or exhaustive, time-consuming training. The company was founded on May 5, 2017 and is headquartered in Tustin, CA.

Earnings data Q1 2021

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Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Virgin Galactic reports revenue growth and plans for fleet expansion

Virgin Galactic's Q4 2022 performance focused on revenue growth, operational progress, and fleet development, despite challenges in cash burn rates and regulatory compliance.
The company's strengths lie in its strong balance sheet, customer pipeline, and manufacturing strategy for low variable cost production units.
Opportunities for revenue growth include increasing spaceflight volume, additional revenue streams beyond flights, and alternative financing options for capital raising.

Virgin Galactic reports Q1 losses, eyes growth through Delta ships

Virgin Galactic's Q1 2023 performance showed revenue of $392,000, a net loss of $159 million, and negative free cash flow of $139 million.
The company is focusing on commercial space line operations, Delta class spaceships, and cost management strategies for future growth.
Challenges include managing significant losses, quantifying engineering costs, and balancing spending flexibility with cost control.
Opportunities lie in upcoming missions, cost-saving measures, expansion into commercial operations, and leveraging risk-sharing arrangements.

Virgin Galactic reports Q2 loss, progresses on Delta Class ships

Virgin Galactic's Q2 2023 performance showed revenue of $2 million, with a net loss of $134 million, while emphasizing successful space missions and progress on the Delta Class spaceships. Despite challenges in high operating expenses, the company maintains a strong balance sheet and is focused on investing in the fleet for future growth.

Virgin Galactic achieves Q3 milestones, eyes Delta program growth

Virgin Galactic's Q3 performance reflects progress in spaceflights and positive customer engagement, with a focus on the Delta program for future growth.
While facing financial challenges in the short term, the company's strengths lie in its long-term outlook, customer strategies, and revenue diversification.
Operational adjustments and funding requirements pose challenges, but opportunities in contribution margin, revenue streams, and scalability offer growth potential.
Overall, Virgin Galactic aims for a strong operational tempo by 2026, emphasizing customer experience, financial sustainability, and operational efficiency.

Virgin Galactic reports growth in revenue but faces profitability challenges

Virgin Galactic had a successful year in 2023, with strong customer feedback and progress on upcoming spaceflights. Financially, the company reported revenue growth but faces challenges in achieving profitability.
Despite significant GAAP net losses, Virgin Galactic maintains a robust balance sheet and is focused on scaling operations. The TAM for private astronaut space travel presents a promising growth opportunity for the company.
By staying on track with spaceship development and operational plans, Virgin Galactic aims to lead in the commercial space travel industry. Addressing financial challenges and operational efficiency will be key to future success.

Virgin Galactic reports Q1 revenue, eyes growth amid financial challenges

Virgin Galactic's Q1 2024 performance reflects a mix of financial challenges and strategic strengths, with a robust balance sheet but significant cash burn and operational expenses.
The company's focus on revenue projections, upcoming spaceflights, and partnerships presents growth opportunities despite financial pressures and capital expenditure increases.
Effective cost management, operational efficiency, and leveraging partnerships will be crucial for Virgin Galactic to navigate challenges, capitalize on growth opportunities, and drive sustainable profitability.
Overall, Virgin Galactic's strategic vision, strong balance sheet, and growth initiatives position the company well to overcome challenges, pursue opportunities, and drive long-term value creation for stakeholders.

Virgin Galactic reports Q2 revenue, eyes profitability amid challenges

Virgin Galactic's Q2 2024 performance showcased revenue of $4 million, operating expenses of $106 million, and a strong cash position of $821 million.
Advancements in the Delta class spaceship program and successful spaceflight operations demonstrate the company's progress in commercial space travel.
While facing challenges like negative free cash flow and market uncertainties, Virgin Galactic's focus on innovation and profitability presents opportunities for growth.
Analyst questions during the earnings call highlighted key areas of interest, including spaceport expansion, free cash flow guidance, and market valuation.

Virgin Galactic reports robust Q3 performance, eyes fleet expansion

Virgin Galactic had a strong quarter, with a focus on efficiency and safety in the spaceship program. While facing negative free cash flow, they maintain a healthy balance sheet. The company is strategically planning fleet expansion and managing costs to drive growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Virgin Galactic Holdings, Inc. is an aerospace and space travel company, which engages in the provision of consumer space experience using reusable spaceflight systems. The firm is also involved in designing, developing, and manufacturing, ground and flight testing, spaceflight operation, and post-flight maintenance of spaceflight systems. The company was founded on May 5, 2017 and is headquartered in Tustin, CA.

Virgin Galactic missed earnings estimates this week -- and that's the least of the company's problems. The prices Virgin Galactic is charging won't generate enough revenue to offset the company's costs.

Why I Wouldn't Touch Virgin Galactic Stock With a 10-Foot Pole

One of the stocks that many investors continue to watch is Virgin Galactic (NYSE: SPCE ). Richard Branson's space tourism company is one with a limited, but storied, past.

5 Investors Betting Big on Virgin Galactic (SPCE) Stock in 2023

Why Virgin Galactic Stock Crashed This Morning

Virgin Galactic Holdings Inc (NYSE:SPCE) shares are expected to drop after it unveiled a larger loss, with its fourth-quarter results showing how much is resting on a huge few months for the space tourism company. With the company founded by Sir Richard Branson aiming to begin first commercial flights in the coming quarter, losses increased 42% to US$500mln last year, topped up with a net loss of US$151mln in the fourth quarter that compared to US$81mln a year earlier.

Virgin Galactic losses surge ahead of first commercial space tourism flights

Virgin Galactic Holdings, Inc. (NYSE:SPCE ) Q4 2022 Results Conference Call February 28, 2023 5:00 PM ET Company Participants Eric Cerny - Vice President of Investor Relations Michael Colglazier - President and Chief Executive Officer Doug Ahrens - Chief Financial Officer Conference Call Participants Greg Konrad - Jefferies Oliver Chen - Cowen Emily Dutchman - Wolfe Research Michael Leshock - KeyBanc Capital Markets Michael Ciarmoli - Truist Kristine Liwag - Morgan Stanley Austin Moeller - Canaccord Operator Good afternoon. My name is Francis, and I will be your conference operator today.

Virgin Galactic Holdings, Inc. (SPCE) Q4 2022 Earnings Call Transcript

Virgin Galactic Holdings Inc has completed a lengthy upgrade period for its centerpiece tourist spacecraft, with commercial service on track to begin in the second quarter of 2023, the company said on Tuesday.

Virgin Galactic finishes lengthy spacecraft upgrades, plans Q2 commercial service

Virgin Galactic reported fourth-quarter results on Tuesday, with the company saying it remains on track to resume spaceflights in the coming months.

Virgin Galactic completes lengthy upgrade process ahead of resuming spaceflights

ORANGE COUNTY, Calif.--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic” or the "Company”) today announced its financial results for the fourth quarter and full year ended December 31, 2022 and provided a business update. Michael Colglazier, Chief Executive Officer of Virgin Galactic said, “It is great to see our mothership back in the skies, and we are thrilled to have VMS Eve rejoin spaceship Unity back home at Spaceport America.

Virgin Galactic Announces Fourth Quarter and Full Year 2022 Financial Results and Provides Business Update

Virgin Galactic Holdings Inc (NYSE:SPCE) completed another test of its mothership ahead of its fourth-quarter earnings, which are likely to show continued losses as delayed preparations continue to begin commercial space tourism flights in the coming quarter.  Results are due to be reported after the New York stock market closes on Tuesday, with a conference call at 2pm Pacific time (5pm ET, 10pm GMT).

Virgin Galactic makes second test flight ahead of Q4 earnings later

Astra Space

Rocket Lab USA

Virgin Orbit Holdings

Competing with SpaceX won't be easy, but it can be done.

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Virgin Galactic (SPCE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Virgin Galactic (SPCE) Expected to Beat Earnings Estimates: What to Know Ahead of Q4 Release

This is a high-risk stock, but the reward could be incredible too.

Virgin Galactic Stock: What You Need to Know

Virgin Galactic Holdings Inc (NYSE:SPCE) completed the first test of its mothership since being forced to delay its maiden commercial flights due to a malfunction in its VSS Unity rocket almost a year and a half ago. The space tourism company said its VMS Eve craft, which is designed to carry its VSS Unity passenger rocket into the sky so they can complete the journey to the edge of space, this week carried out its first flight since September 2021.

Virgin Galactic tests mothership ahead of planned first commercial flights

Virgin Galactic Holdings Inc   (NYSE:SPCE) yesterday, after the company's VMS Eve mothership completed its first test flight in more than 15 months, following a number of upgrades to the aircraft carrier.

Call Traders Pick Up Virgin Galactic Stock After Test Flight

The company may be one step closer to ramping up commercial flights.

Why Virgin Galactic Stock Took Flight Today

TUSTIN, Calif.--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic” or the “Company”), an aerospace and space travel company, today announced that it will report its financial results for the fourth quarter and full year 2022 following the close of the U.S. markets on Tuesday, February 28, 2023. 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).

Virgin Galactic Announces Date of Fourth Quarter and Full Year 2022 Financial Results and Conference Call

ARK Space Exploration & Innovation ETF

iShares U.S. Aerospace & Defense ETF

L3Harris

Lockheed Martin

SPDR S&P Kensho Final Frontiers ETF

Space stocks are on the launchpad. Should all go well, the industry could be worth up to $800 billion by 2030, says UBS, as reported by Forbes.

7 Stocks to Buy for the Next Frontier of Space Exploration

Coinbase

Peloton

The lingo made popular in online stock communities is making a comeback. With the market in ‘risk-on' mode, retail traders are once again flocking to meme stocks, many of which soared during the early days of the pandemic.

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BlackBerry

Tilray Brands

Meme stocks are back in the spotlight to begin 2023 (along with crypto) as investors seem to be shaking off the doldrums of the past year and wading back into equities. Several of the most popular meme stocks that took the market by storm in 2021 are up big this month, helping to fuel speculation that a new bull market is emerging and causing some hand wringing on Wall Street among short sellers.

3 Sorry Meme Stocks to Sell in February Before It's Too Late

Less than 160 days from now, Virgin Galactic will launch its first load of paying tourists to space -- maybe.

Does Virgin Galactic's Management Shake-up Signal a Buying Opportunity?

Commercial space flight company Virgin Galactic Holdings, Inc. (NYSE: SPCE) stock has rallied over 30% in the new year in the hopes of commencing commercial space flights again. The Company confirmed on Jan. 12, 2022, that maintenance and upgrades have been completed and are on track to resume commercial flights in Q2 2023.

Is Virgin Galactic Stock Preparing for Lift-Off?

Boeing

HEICO

Howmet Aerospace

Raytheon Technologies

TransDigm

Triumph Group

Boeing, Raytheon, and several other names are buys, according to analysts. But Truist's Michael Ciarmoli warns about rising interest rates.

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Planet Labs

There's not a lot of "value" in space stocks. But growth?

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Virgin Galactic (SPCE) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Virgin Galactic (SPCE) Surges 12.3%: Is This an Indication of Further Gains?

After years of delays, Virgin Galactic's spacecraft is due to hit the skies in the second quarter of 2023.

News for Virgin Galactic Stock (SPCE)