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

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.

Before the pandemic, SPCE stock jumped higher on the strength of the extremely affluent consumer. But when even the rich are looking for discounts, Virgin Galactic seems unusually risky right now.

Want to Know Where Virgin Galactic Is Heading? Look at Peloton

Sir Richard Branson’s Virgin Galactic Holdings Inc (NYSE: SPCE) is likely to clear regulatory hurdles after it passes the remainder of the milestones set by the Federal Aviation Administration in upcoming rocket flights.

Virgin Galactic Gets Closer To Obtaining FAA License, Prepares To Reveal Spacecraft Cabin

Virgin Galactic expects to clear remaining Federal Aviation Administration milestones after one or two more rocket-powered test flights.

Virgin Galactic expects to receive key FAA license within next two spaceflights

Virgin Galactic Holdings Inc. SPCE, -0.71% shares slipped 0.7% in midday trading, but Vertical Research Partners Darryl Genovesi reiterated his buy rating, as a call he had with Chief Executive George Whitesides supported his bullish conviction on the space vehicle maker.

Virgin Galactic a 'buy' at Vertical Research, as stock price target implies a near doubling

Virgin Galactic's recent agreement with NASA has day traders bidding up SPCE stock. However, wait until the stock delivers on the hype.

Virgin Galactic Can’t Hype Away Lousy Math

DraftKings

Nikola

Believe it or not, investors used to avoid these investment vehicles.

Special Purpose Acquisition Companies: Why SPACs Are Hotter Than Ever

Virgin Galactic can start preparing for powered test flights after a successful second glide test of SpaceShip Thursday.
The post Virgin Galactic Edges Closer To Commercial Spaceflight After Latest Test appeared first on Investor's Business Daily.

Virgin Galactic Edges Closer To Commercial Spaceflight After Latest Test

Virgin Galactic is looking forward to the growing opportunity to fly NASA astronauts and researchers on its spaceflights.

Virgin Galactic CEO is 'really excited' about the opportunity to fly NASA astronauts and researchers

And why it has already given most of that back.

Why Virgin Galactic Stock Popped More Than 5% This Morning

Virgin Galactic Holdings, Inc. (NYSE: SPCE) shares spiked higher Friday morning before falling into the red after the company completed its second glide flight test and said it will start preparing for powered spaceflights from Spaceport America.

What's Moving Virgin Galactic Shares?

Plans to begin commercial operations this year appear unchanged.

Virgin Galactic Completes a Glide Test, Prepares for Rocket Tests

Virgin Galactic has passed a key milestone in its SpaceShipTwo qualification program. The company performed a glide flight, which means that it was flying its VSS Unity spacecraft unpowered in glide configuration, after its release from its carrier aircraft, a modified Boeing 747 called VMS Eve.

Virgin Galactic flies second SpaceShipTwo test at New Mexico spaceport, clearing the way for powered spaceflight

Virgin Galactic successfully completed its second glide flight test in New Mexico on Thursday.

Virgin Galactic completes second New Mexico glide test, with rocket-powered flights expected next

LAS CRUCES, N.M.--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic” or “the Company”) today announced the successful completion of the second SpaceShipTwo test flight from Spaceport America. This flight follows the completion of the first test flight from the Company’s commercial headquarters in New Mexico on May 1, 2020, and marks another important milestone as the team progresses toward the launch of Virgin Galactic’s commercial service. On SpaceShipTwo Unity’s f

Virgin Galactic’s SpaceShipTwo Completes Second Flight from Spaceport America

Virgin Galactic Holdings Inc. SPCE, -5.77% said Thursday it's preparing for a second test flight from New Mexico as of today with the weather looking favorable through the end of the week.

Virgin Galactic preps for second test flight from New Mexico

LAS CRUCES, N.M.--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic” or “the Company”), a vertically integrated aerospace company, is preparing for the second glide flight of SpaceShip Two, set to launch from Spaceport America in New Mexico. The window for this test flight opens today, Thursday, 25 June 2020. Currently, weather appears favourable through the end of the week. Virgin Galactic will provide an update on the results of this glide flight with an additiona

Virgin Galactic Flight Test Program Update: SpaceShipTwo Preparing for Second Test Flight from New Mexico

Boeing

General Electric

The coronavirus and a trade war are a double whammy.

Why Virgin Galactic, Boeing, and General Electric Stocks Just Collapsed

There are a couple of new reasons to be optimistic that SPCE stock could be a multi-bagger. Here's how to play it with less risk.

It’s Mission Critical Time for Virgin Galactic

Why Virgin Galactic Stock Slumped 5% Today

NASA is going to chart a path for its astronauts and other personnel to take part in future commercial suborbital spaceflight missions, letting the agency conduct experiments and do research aboard suborbital human spacecraft – including, potentially, vehicles like Virgin Galactic’s SpaceShipTwo.

NASA to establish a system for flying astronauts and researchers on suborbital commercial spacecraft

The space tourism business is getting a lot of attention, but it needs to keep moving forward.

3 Things Virgin Galactic Stock Bulls Need to Happen Soon

On Monday, Virgin Galactic Holdings Inc. (NYSE:SPCE) announced that it has signed a “Space Act Agreement” with NASA’s Johnson Space Center.

Virgin Galactic Sees Shares Spike After Announcing It Will Train NASA Astronauts

Virgin Galactic to Train NASA Astronauts

The tech-heavy index, now on a 7-day winning streak, got a boost from Virgin Galactic's (SPCE) 16% jump in regular trading.

Nasdaq Claims New Record High on SPCE Blast-Off

Virgin Galactic (NYSE: SPCE) announced to have signed an agreement with NASA on Monday that aims at collaboration on a programme that will see Sir Richard Branson’s company training the astronauts for NASA to be sent to the International Space Station on private missions. Sir Branson recently offloaded another chunk of his stake in Virgin in the first week of June.

News for Virgin Galactic Stock (SPCE)