Virgin Galactic Holdings, Inc. (SPCE) — Financial statements
Income statement, balance sheet, and cash flow for Virgin Galactic Holdings, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 2↓78.1% | 7↑3.5% | 7↑194.1% | 2↓29.8% | 3 | |
| Cost of Revenue | 89↓0.9% | 90↑78.1% | 51↑2551.5% | 2↑600.7% | 0.27 | |
| Gross Profit | -88↓5.7% | -83↓89.7% | -44↓10872.9% | 0.41↓86.6% | 3 | |
| Operating Expenses | ||||||
| R&D Expenses | 80↓47.3% | 153↓48.3% | 295↓6.1% | 314↑110.3% | 149 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 115↓8.4% | 125↓28.2% | 175↓0.1% | 175↑1.1% | 173 | |
| Other Expenses | 0.00↓100.0% | 15↓12.9% | 18↑60.1% | 11↑5997.8% | 0.18 | |
| Operating Expenses | 195↓33.5% | 294↓39.8% | 488↓2.5% | 500↑55.1% | 323 | |
| Total Costs & Expenses | 285↓25.8% | 384↓28.7% | 538↑7.2% | 502↑55.6% | 323 | |
| Operating Results | ||||||
| Operating Income | -283↑24.8% | -377↑29.1% | -532↓6.3% | -500↓56.5% | -320 | |
| Depreciation & Amortization | 16↑6.6% | 15↑15.7% | 13↑20.5% | 11↓3.6% | 12 | |
| EBITDA | -267↑16.2% | -318↑33.1% | -476↑0.1% | -476↓39.6% | -341 | |
| EBIT | -283↑15.2% | -334↑31.8% | -489↓0.3% | -487↓38.2% | -353 | |
| Interest & Other Income | ||||||
| Net Interest Income | 9↓69.2% | 29↑0.2% | 29↑7793.0% | 0.37↓68.6% | 1 | |
| Interest Income | 22↓48.4% | 42↑0.3% | 42↑237.8% | 13↑934.9% | 1 | |
| Interest Expense | 13↓1.1% | 13↑0.4% | 13↑6.1% | 12↑48420.0% | 0.03 | |
| Non-Operating Income | 0.00↑100.0% | -43↓0.9% | -42↓238.4% | -13↓137.8% | 33 | |
| Other Income / Expenses | 4↓85.9% | 30↑1.1% | 30↑6789.5% | 0.43↑101.3% | -33 | |
| Income Before Tax | -279↑19.6% | -347↑30.9% | -502↓0.5% | -500↓41.6% | -353 | |
| Income Tax Expense | 0.05↓29.7% | 0.07↓83.7% | 0.45↓24.2% | 0.60↑657.0% | 0.08 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -279↑19.6% | -347↑31.0% | -502↓0.4% | -500↓41.7% | -353 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -279↑19.6% | -347↑31.0% | -502↓0.4% | -500↓41.7% | -353 | |
| Bottom-Line Net Income | -279↑19.6% | -347↑31.0% | -502↓0.4% | -500↓41.7% | -353 | |
| EPS (Basic) | -5.44↑60.8% | -13.89↑53.4% | -29.80↑21.2% | -37.80↓32.6% | -28.50 | |
| EPS (Diluted) | -5.44↑60.8% | -13.89↑53.4% | -29.80↑21.2% | -37.80↓32.6% | -28.50 | |
| Weighted Average Shares | 51↑105.3% | 25↑48.0% | 17↑27.8% | 13↑6.6% | 12 | |
| Weighted Average Diluted Shares | 51↑105.3% | 25↑48.0% | 17↑27.8% | 13↑6.6% | 12 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.