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.

TD Cowen lowered its price target on Virgin Galactic stock to $2 a share today. That's about twice what the stock currently costs.

Why Virgin Galactic Stock Jumped 13% on Monday

Boeing

Rocket Lab USA

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Virgin Galactic is building a space tourism business. It has proven the concept and is actually running space tourism flights, but it is nowhere near profitable.

Is Virgin Galactic Stock a Buy?

CureVac B.V

Netlist, Inc.

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Virgin Galactic stock beat sales and earnings estimates this week, but Wells Fargo says the stock is still a sell. Virgin Galactic is losing money with the one spaceplane it has in service -- and that spaceplane is about to retire.

Virgin Galactic Stock Has 25% Downside Risk, According to 1 Wall Street Analyst Firm

Revenue jumped year over year in the first quarter. Net loss improved in the quarter.

Virgin Galactic on Track for Delta Launches in 2026

Virgin Galactic beat on sales and earnings last night, in a very specific way. Sales were better than expected, and losses lower, but revenue is still minimal and losses very large.

Why Virgin Galactic Stock Just Dropped an Unlucky 7%

Virgin Galactic Holdings Inc. gave an update on its closely-monitored cash position when it reported its first-quarter results after the bell Tuesday, with the company's cash burn, in particular, attracting attention.

Virgin Galactic's better-than-expected cash burn a positive sign, says KeyBanc

Virgin Galactic (SPCE) came out with a quarterly loss of $0.25 per share versus the Zacks Consensus Estimate of a loss of $0.26. This compares to loss of $0.57 per share a year ago.

Virgin Galactic (SPCE) Reports Q1 Loss, Lags Revenue Estimates

Virgin Galactic Holdings, Inc. (NYSE:SPCE ) Q1 2024 Earnings Conference Call May 7, 2024 5:00 PM ET Company Participants Eric Cerny - VP, IR Michael Colglazier - CEO Doug Ahrens - CFO Conference Call Participants Gregory Konrad - Jefferies Myles Walton - Wolfe Research Michael Leshock - KeyBanc Operator Good afternoon. My name is Tanya and I will be your conference operator today.

Virgin Galactic Holdings, Inc. (SPCE) Q1 2024 Earnings Call Transcript

Virgin Galactic Holdings Inc. said late Tuesday it racked up $2 million in revenue in the first quarter, mostly from commercial spaceflight and membership fees from future space tourists.

Here's how much Virgin Galactic earned from space tourists last quarter

ORANGE COUNTY, Calif.--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic” or the "Company”) today announced its financial results for the first quarter ended March 31, 2024 and provided a business update. Michael Colglazier, Chief Executive Officer of Virgin Galactic said, “It's an exciting time for Virgin Galactic as we celebrate the success of VSS Unity with its upcoming 'Galactic 07' mission and remain laser focused on executing our Delta Class program. Tool deli.

Virgin Galactic Announces First Quarter 2024 Financial Results and Provides Business Update

Even small signs of progress can help Virgin Galactic stock.

Virgin Galactic's Huge Milestone Sends Stock Higher

Virgin Galactic has opened a new facility for testing components of its new Delta spaceplane. Testing has already begun.

Why Virgin Galactic Stock Just Rocketed 10%

ORANGE COUNTY, Calif.--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic” or the “Company”) today announced that it has opened a new system integration facility in Southern California for the Company's Delta Class spaceships. This ground-based test facility, which houses a testing platform known as an “Iron Bird,” has begun tests of initial subsystems and will add components over the course of the year to increase its scope and effectiveness. Using an Iron Bird test.

Virgin Galactic Begins Operations at Delta Spaceship Ground Testing Facility

Virgin Galactic Holdings Inc. is targeting a launch window that opens June 8 for its milestone Galactic 07 mission.

Virgin Galactic sets date for Unity spacecraft's final commercial flight

AMC Entertainment

FuboTV

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Spire Global

Space stocks are becoming increasingly appealing to investors as broader market indices, such as the S&P 500, experience declines. This market downturn presents a unique opportunity.

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ORANGE COUNTY, Calif.--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) today announced the ‘Galactic 07' flight window will open Saturday, June 8, 2024. This will be the Company's second spaceflight this year and 12th to date. Virgin Galactic's spaceship will again be converted into a suborbital science lab, with VSS Unity carrying an Axiom Space affiliated researcher astronaut who will conduct multiple human-tended experiments. In addition, Purdue University and UC Berkeley will h.

‘Galactic 07' Mission Launch Window Opens June 8

BigBear.ai Holdings

Clear Channel Outdoor Holdings

Nikola

Oatly

Purple Innovation

Tilray Brands

Given the recent market volatility, many traders are trying to make money in penny stocks. With low prices and elevated volatility, penny stocks could be a great way for traders to cash in on breaking news and rapid changes in market sentiment.

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Virgin Galactic announced last week that it will seek authorization to conduct a reverse stock split. The reverse split could be as small as 1-for-2 or as big as 1-for-20.

Why Investors Had a Meltdown Over Virgin Galactic's Reverse Split News

The latest trading day saw Virgin Galactic (SPCE) settling at $0.86, representing a -1.09% change from its previous close.

Virgin Galactic (SPCE) Suffers a Larger Drop Than the General Market: Key Insights

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 2024 following the close of the U.S. markets on Tuesday, May 7, 2024. 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 Relatio.

Virgin Galactic Announces Date of First Quarter 2024 Financial Results and Conference Call

Shares of Virgin Galactic Holdings Inc. skyrocketed 18.5% Tuesday, putting the stock on pace for its biggest gain since June 20, 2023, when it rose 27.1%, according to Dow Jones Market Data.

Virgin Galactic skyrockets 18%, stock on pace for biggest gain in 10 months

Virgin Galactic (NYSE: SPCE) stock price continued its strong sell-off this week after the company announced a plan to do a reverse stock. It crashed by more than 10%, moving to an all-time low of $0.85, a sharp decline since it was trading at $62.7 at its peak in 2021.

News for Virgin Galactic Stock (SPCE)