Virgin Galactic Holdings, Inc. (SPCE) income statement
NYSE · Industrials · Aerospace & Defense · 694 employees · CEO Michael A. Colglazier
- Price
- $2.58 -5.49%
- Market cap
- $332M
- Enterprise value
- $410M
- Last report
- Q2 '26 filed 2026-08-12
- Next report
- 2026-11-12
Virgin Galactic Holdings, Inc. (SPCE) reported revenue of $134K for Q2 '26 (-67.0% year on year), operating income of -$64.9M (-48,452.2% of revenue) and net income of -$55.9M. Over the last four quarters revenue was $1.04M.
Income statement
| Income statement | Trend | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.73M | $2.81M | $1.99M | $4.22M | $402K | $429K | $461K | $406K | $365K | $312K | $227K | $134K | |
| Cost of revenue | $25.6M | $24.3M | $26.3M | $30.5M | $19.9M | $20.3M | $25M | $18.4M | $23.6M | $22.2M | $33.6M | $28.2M | |
| Gross profit | -$23.9M | -$21.5M | -$24.3M | -$26.3M | -$19.5M | -$19.8M | -$24.6M | -$18M | -$23.2M | -$21.9M | -$33.3M | -$28M | |
| Research & development | $44.8M | $53.8M | $59M | $41.5M | $23.9M | $28.2M | $33.3M | $20.1M | $15M | $12.1M | $6.71M | $4.34M | |
| General & administrative | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $28.6M | |
| Other operating expenses | $3.29M | $8.04M | $145K | $171K | $4.34M | $4.17M | $0 | $0 | $0 | $0 | $0 | $3.98M | |
| Operating expenses | $90.4M | $92.7M | $86.9M | $75.5M | $62.3M | $62.1M | $63.9M | $52M | $40.5M | $39M | $32.3M | $36.9M | |
| Operating income | -$114M | -$114M | -$111M | -$102M | -$81.7M | -$82M | -$88.4M | -$69.9M | -$63.8M | -$60.9M | -$65.6M | -$64.9M | |
| Interest income | $12.9M | $13.6M | $12.3M | $11.1M | $10.4M | $8.57M | $7.22M | $5.83M | $4.97M | $3.83M | $2.7M | $2.4M | |
| Interest expense | $3.22M | $3.22M | $3.23M | $3.23M | $3.23M | $3.24M | $3.24M | $3.25M | $3.25M | $3.05M | $1.83M | $1.99M | |
| Other non-operating income (gains on investments, FX ...) | -$12.9M | -$13.7M | -$12.5M | -$11.3M | -$10.5M | -$8.63M | -$7.25M | -$5.87M | -$2.6M | -$1.3M | -$2.74M | -$11.1M | |
| Total non-operating income | $9.72M | $10.5M | $9.23M | $8.05M | $7.29M | $5.4M | $4.01M | $2.63M | -$651K | -$1.75M | $907K | $9.07M | |
| Income before tax | -$105M | -$104M | -$102M | -$93.7M | -$74.4M | -$76.6M | -$84.4M | -$67.3M | -$64.4M | -$62.7M | -$64.7M | -$55.9M | |
| Income tax | $53K | $238K | $80K | $34K | $105K | -$145K | $48K | -$37K | $0 | $41K | $30K | $30K | |
| Net income | -$105M | -$104M | -$102M | -$93.8M | -$74.5M | -$76.4M | -$84.5M | -$67.3M | -$64.4M | -$62.7M | -$64.7M | -$55.9M | |
| EPS (basic) | -$5.57 | -$5.20 | -$4.92 | -$4.36 | -$2.66 | -$2.53 | -$2.38 | -$1.47 | -$1.09 | -$0.98 | -$0.81 | -$0.50 | |
| EPS (diluted) | -$5.57 | -$5.20 | -$4.92 | -$4.36 | -$2.66 | -$2.53 | -$2.38 | -$1.47 | -$1.09 | -$0.98 | -$0.81 | -$0.50 | |
| Shares (basic, weighted) | 18.8M | 20M | 20.7M | 21.5M | 28M | 30.3M | 35.4M | 45.6M | 59.3M | 64.2M | 79.5M | 111M | |
| Shares (diluted, weighted) | 18.8M | 20M | 20.7M | 21.5M | 28M | 30.3M | 35.4M | 45.6M | 59.3M | 64.2M | 79.5M | 111M | |
| Depreciation & amortization | $3.29M | $3.65M | $3.7M | $3.26M | $4.34M | $4.17M | $4.22M | $4.17M | $4.12M | $3.97M | $3.92M | $3.98M | |
| EBITDA | -$98M | -$96.9M | -$95M | -$87.3M | -$66.9M | -$69.2M | -$77M | -$59.9M | -$57.1M | -$55.7M | -$58.9M | -$49.9M |
| Income statement | Trend | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.75M | $2.85M | $3.78M | $238K | $3.29M | $2.31M | $6.8M | $7.04M | $1.54M | |
| Cost of revenue | $488K | $1.34M | $2M | $173K | $272K | $1.91M | $50.5M | $90M | $89.3M | |
| Gross profit | $1.27M | $1.51M | $1.78M | $65K | $3.02M | $406K | -$43.7M | -$83M | -$87.7M | |
| Research & development | $93.1M | $117M | $133M | $154M | $149M | $314M | $295M | $153M | $80.5M | |
| Other operating expenses | $140M | $1.34M | $128K | $9.78M | $182K | $11.1M | $17.8M | $15.5M | $0 | |
| Operating expenses | $140M | $1.34M | $215M | $275M | $323M | $500M | $488M | $294M | $195M | |
| Operating income | -$140M | -$1.34M | -$213M | -$275M | -$320M | -$500M | -$532M | -$377M | -$283M | |
| Interest income | $0 | $633K | $2.3M | $2.28M | $1.21M | $12.5M | $42.2M | $42.4M | $21.8M | |
| Interest expense | $0 | $10K | $36K | $36K | $25K | $12.1M | $12.9M | $12.9M | $12.8M | |
| Other non-operating income (gains on investments, FX ...) | $0 | -$29.2M | $0 | $370M | $33.3M | -$12.6M | -$42.5M | -$42.9M | -$17M | |
| Total non-operating income | $140M | $29.2M | $2.39M | -$370M | -$33.3M | $430K | $29.6M | $30M | $4.24M | |
| Income before tax | $1.33M | $11M | -$211M | -$645M | -$353M | -$500M | -$502M | -$347M | -$279M | |
| Income tax | $155K | -$24.6M | $62K | $6K | $79K | $598K | $453K | $74K | $52K | |
| Net income | $1.33M | $11M | -$211M | -$645M | -$353M | -$500M | -$502M | -$347M | -$279M | |
| EPS (basic) | $0.01 | $1.13 | -$21.77 | -$24.92 | -$28.50 | -$37.80 | -$29.80 | -$13.89 | -$5.44 | |
| EPS (diluted) | $0.01 | $1.13 | -$21.70 | -$24.92 | -$28.50 | -$37.80 | -$29.80 | -$13.89 | -$5.44 | |
| Shares (basic, weighted) | 194M | 9.68M | 9.69M | 11M | 12.4M | 13.2M | 16.9M | 25M | 51.2M | |
| Shares (diluted, weighted) | 194M | 9.68M | 9.72M | 11M | 12.4M | 13.2M | 16.9M | 25M | 51.2M | |
| Depreciation & amortization | $4.55M | $5.81M | $7M | $9.78M | $11.5M | $11.1M | $13.4M | $15.5M | $16.5M | |
| EBITDA | -$134M | -$132M | -$206M | -$635M | -$341M | -$476M | -$476M | -$318M | -$250M |
Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
Data as of 2026-11-02