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.

Shares of Virgin Galactic Holdings Inc. are up 3.9% in premarket trades Thursday, after sliding over the last two days.

Virgin Galactic shares climb premarket after two-day slide

Lockheed Martin

Telesat Corp

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Virgin Galactic (SPCE) closed the most recent trading day at $1.92, moving +1.59% from the previous trading session.

Why Virgin Galactic (SPCE) Outpaced the Stock Market Today

ORANGE COUNTY, Calif.--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic” or the “Company”) today announced the completion of its first spaceflight of 2024 and 11th mission to date. Today's ‘Galactic 06' flight marked the first time all four seats aboard VSS Unity were occupied by private astronauts. Michael Colglazier, CEO of Virgin Galactic, said: “Today the incredible team at Virgin Galactic supported another successful mission and delivered an unforgettable expe.

Virgin Galactic Completes 11th Successful Spaceflight

Virgin Galactic Holdings Inc. is preparing for the penultimate mission of its Unity spacecraft before it halts commercial operations to develop its new Delta-class spacecraft.

Virgin Galactic shares fall ahead of penultimate Unity spacecraft mission

Virgin Galactic (SPCE) concluded the recent trading session at $2.09, signifying a +1.95% move from its prior day's close.

Virgin Galactic (SPCE) Rises Higher Than Market: Key Facts

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The space tourism company is on pace to extend its losing streak to two days and register its biggest single-day percentage decline since Tuesday, when it fell 7.6%. Virgin Galactic SPCE, -4.73% is currently down 5 of the last six days.

Space stocks slide, led by Virgin Galactic

Virgin Galactic (SPCE) reachead $1.96 at the closing of the latest trading day, reflecting a +0.51% change compared to its last close.

Virgin Galactic (SPCE) Ascends While Market Falls: Some Facts to Note

Virgin Galactic surprised investors by announcing it will shut down the current Unity spacecraft in mid-2024. Delta is now the company's sole focus, but it won't reach commercial operations until 2026.

Why Virgin Galactic's Stock Dropped 30% in 2023

Astra Space

Rocket Lab USA

In late December, Rocket Lab entered into an agreement with a government contractor to supply 18 new vehicles. This is a huge testament to commercial space operations and Rocket Lab's reputation within the industry.

500 Million Reasons to Buy This Cathie Wood SpaceX Competitor in 2024

Shares of commercial spaceflight expert Virgin Galactic (NYSE: SPCE ) are moving up noticeably on Wednesday. Despite a broader pessimistic view on the company, Truist Securities just broke rank and upgraded its assessment.

Truist Boosts Virgin Galactic (SPCE) Stock With New Upgrade

Virgin Galactic Holdings Inc. shares rose 4% in premarket trade Wednesday after Truist Securities upgraded the stock to hold from sell and raised its price target to $3 from $1.

Virgin Galactic's stock rises after Truist upgrade

Truist analyst Michael Ciarmoli bumped the shares of space tourism pioneer to Hold from Sell. His target price went to $3 a share from $1.

Virgin Galactic Stock Rises After Upgrade. Its Spacecraft Pivot Is Applauded.

Boeing

Northrop Grumman

Space stocks are the next frontier in more ways than one. These companies are pioneering us toward the stars but are also great businesses in their own right.

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Space flights will end, but Virgin Galactic is now on a road to profitability.

What to Expect From Virgin Galactic in 2024

Virgin Galactic's financial stability is under intense scrutiny, with critical funding and operational challenges ahead. The competitive landscape in commercial space tourism heightens the risks and uncertainties for Virgin Galactic.

Virgin Galactic Stock Seems Like a Bargain, but I Wouldn't Touch It for the Next 2 Years

Virgin Galactic (SPCE) reachead $2.34 at the closing of the latest trading day, reflecting a +1.3% change compared to its last close.

Why the Market Dipped But Virgin Galactic (SPCE) Gained Today

Space stocks rallied in premarket trades Thursday after selling off in Wednesday's session. Shares of Momentus Inc. MNTS, -12.28%, which provides satellite transportation and servicing, rose 3.3% in premarket trades Thursday after ending Wednesday's session down 12.3%.

Space stocks rally premarket

Virgin Galactic began operating a space tourism business in 2023. As it heads into 2024, the space company is pulling in its horns.

This Is Why Virgin Galactic Won't Go to Space as Often in 2024

The next three years will be pivotal for Virgin Galactic. The space travel company hopes to introduce a new spacecraft in 2026.

Where Will Virgin Galactic Be in 3 Years?

In recent years, the space exploration market has captivated investors and onlookers worldwide. As humanity ventures beyond Earth's atmosphere, this sector promises technological advancements and potentially lucrative returns.

Space exploration stocks: The new frontier for investors in 2024

Virgin Galactic founder Richard Branson has said he won't invest more money in the space tourism company. Branson's resources through Virgin Investments have dwindled since the pandemic.

No More Cash From Richard Branson: Is This the End for Virgin Galactic?

Could a rising stock price fix Virgin Galactic's biggest problem?

Up 80% in October, Virgin Galactic Can See a Path Forward

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Despite a strong economy and stock market rally, 2023 saw its fair share of bankruptcy filings. Notable companies ranging from pharmaceutical chain Rite Aid to former gig economy darling WeWork filed for Chapter 11 protection from their creditors over the past year.

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Amazon

From space tourism to rocket launch technologies, these are the space stocks to look out for in 2024.

News for Virgin Galactic Stock (SPCE)