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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

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.

As Virgin Galactic's losses mount, Blue Origin is running away with this new market for space tourism.

Is Virgin Galactic Losing the Space Race?

Virgin Galactic's failure to launch is costing the company.

This Space Stock Is Testing the Market's Patience

Boeing

Lockheed Martin

Maxar Technologies

Raytheon Technologies

After the Russian invasion of Ukraine and the sanctions it faces as a result, the idea of a second space race has resurfaced. Russia plans to sever its 20-year-long space partnership with the U.S and hinted at building its own space station as early as 2028.

The 5 Best Space Stocks to Buy Now

Astra Space

Morgan Stanley

Source: Shutterstock [Editor's note: “Become a Billionaire by Investing in The Industry With Infinite Potential ” was previously published in August 2021 . It has since been updated to include the most relevant information available.

Become a Billionaire by Investing in The Industry With Infinite Potential

BlackSky Technology

Redwire Corp

Which of these space stocks is not like the others?

Why Today Is a Good-Bad Day for 4 Space Stocks

TUSTIN, Calif.--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) (the “Company” or “Virgin Galactic”), an aerospace and space travel company, today announced that former Rolls-Royce executive Matthew Boguradzki has been appointed Vice President, Sales and Strategy, effective today. Boguradzki will lead Virgin Galactic's sales team, supporting the Company's commercial growth and developing its thriving customer community. He will oversee all sales efforts including strategy, sourcing

Virgin Galactic Appoints Matt Boguradzki as Vice President, Sales and Strategy

AST SpaceMobile

Momentus

Source: InvestorPlace [Editor's note: “The ‘Fave Five' Space Stocks to Buy on the Dip ” was previously published in March 2021 . It has since been updated to include the most relevant information available.

The ‘Fave Five' Space Stocks to Buy on the Dip

Coinbase

Robinhood

Joby Aviation

Lucid Group

Nikola

Rivian Automotive

Semrush Holdings

Revisiting the IPO Boom of 2021

Blue Origin is flying tourists into space. Virgin Galactic again delays its commercialization.

Virgin Galactic: Space Shuttle 2.0

The aerospace & defense industry has performed relatively well in 2022. One speculative stock in that niche, though, has plunged following meme-stock mania.

Virgin Galactic: An Earnings Miss And Equity Sale Send Shares Sharply Lower

Source: rafapress / Shutterstock.com Virgin Galactic (NYSE: SPCE ) stock is falling on Friday after the company revealed another delay for its commercial flight launch. According to Virgin Galactic, this time around the delay is due to complications in the mothership enhancement program.

SPCE Stock Falls 13% as Virgin Galactic Delays Commercial Launch Again

Shares of Virgin Galactic Holdings Inc. SPCE, -0.73% took a 17.3% dive in premarket trading Friday, after Truist analyst Michael Ciarmoli recommended investors sell in the wake of the space-tourism company's announcement that it was again delaying its first commercial launch and that it was selling more stock. Ciarmoli cut his rating to sell from hold and slashed his stock price target to $5 from $8.

Virgin Galactic stock dives after analyst says 'SELL' after launch delay, stock sale plan

The launch of commercial service is pushed back to the second quarter of 2023.

Virgin Galactic Stock Tumbles as Commercial Service Again Delayed

Virgin Galactic Holdings Inc (NYSE:SPCE) reported a larger loss for the past quarter and revealed no more reservations for the space flights  that it aims to begin early next year. The space tourism company said it had reservations for roughly 800 flights, the same as it reported in the first quarter of the year.

Virgin Galactic losses increase and space flight deposits stall

Virgin Galactic Holdings, Inc. (NYSE:SPCE ) Q2 2022 Earnings Conference Call August 4, 2022 5:00 PM ET Company Participants Eric Cerny - Vice President, Investor Relations Michael Colglazier - Chief Executive Officer Doug Ahrens - Chief Financial Officer Conference Call Participants Greg Konrad - Jefferies Matt Akers - Wells Fargo Oliver Chen - Cowen Kristine Liwag - Morgan Stanley Pete Osterland - Truist Securities Operator Good afternoon. My name is Irene, and I will be your conference operator today.

Virgin Galactic Holdings, Inc.'s (SPCE) CEO Michael Colglazier on Q2 2022 Results - Earnings Call Transcript

Virgin Galactic Holdings Inc. SPCE, -0.73% is seeking to sell up to $300 million worth of shares in an "at the market" offering, as the space-tourism company's cash reserves dwindle and the launch of its first commercial space is pushed back. In a filing with the Securities and Exchange Commission on Thursday, Virgin Galactic revealed that it had entered into a distribution-agency agreement with Credit Suisse, Morgan Stanley and Goldman Sachs to raise money "for general corporate purposes, including working capital, general and administrative matters and development of its spaceship fleet and other infrastructure to scale its commercial operations.

Virgin Galactic plans to sell more stock as cash reserves dwindle

Virgin Galactic delayed the beginning of commercial flights by another three months, with the company citing delays in work refurbishing its carrier aircraft.

Virgin Galactic again delays space tourism flights to second quarter 2023

Virgin Galactic Holdings Inc. SPCE, -0.73% delayed its initial launch of tourists into space for the third time in less than a year Thursday, sending shares back toward earth. In a quarterly earnings report, executives said the beginning of its commercial space-tourism business will begin in the second quarter of 2023, after it was pushed to the first quarter in May and the end of 2022 in October of last year.

Virgin Galactic launch delayed yet again, stock falls

Virgin Galactic Holdings Inc on Thursday again delayed the commercial launch of its space flight to the second quarter of 2023 from the first quarter, sending the shares of the space tourism firm 6% lower after the bell.

Virgin Galactic again delays commercial space flight to second quarter of 2023

TUSTIN, Calif.--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic” or the "Company”) today announced its financial results for the second quarter ended June 30, 2022 and provided a business update. Michael Colglazier, Chief Executive Officer of Virgin Galactic said “As we prepare to return to the skies, we have put in place many powerful initiatives to drive our long-term success. Our agreement with Aurora to develop new motherships, selection of Phoenix as the loca

Virgin Galactic Announces Second Quarter 2022 Financial Results And Provides Business Update

TUSTIN, Calif.--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) (the “Company” or “Virgin Galactic”), a vertically integrated aerospace and space travel company, announced today that former Delta Air Lines executive Mike Moore has been appointed Executive Vice President, Spaceline Technical Operations, effective August 22. Moore will lead Virgin Galactic's technical operations and maintenance team in charge of ensuring the Company's vehicles are ready for flight. As part of this ne

Virgin Galactic Appoints Mike Moore as Executive Vice President, Spaceline Technical Operations

AMC Entertainment

Block

Warner Bros Discovery Inc

The three major U.S. equity indexes closed lower Tuesday. The Dow Jones industrials dropped 1.23%, the S&P 500 slipped by 0.67%, and the Nasdaq dipped by 0.16%.

Earnings Previews: AES, AMC, Block, Virgin Galactic, Warner Bros Discovery

The company appears on track to launch service early next year.

Why Virgin Galactic Stock Bounced Back in July

Investors were cheered by news of a land deal, of all things.

Why Virgin Galactic Stock Was Rocketing Higher on Tuesday

Rocket Lab USA

The market cap of Rocket Lab is roughly $2B, while SpaceX commands a valuation of $125B on the private market (about 60x higher). No doubt SpaceX is the leader, miles ahead in the space race. However in distant 2nd place is Rocket Lab, even beating out Bezo's Blue Origin.

News for Virgin Galactic Stock (SPCE)