Saturday 17 October 2026 Export SPCE’s income statement to Excel — free account

Virgin Galactic Holdings, Inc.

Virgin Galactic Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.5 million, down 78.1% from fiscal 2024. In the quarter to June 2026, revenue fell 67.0%, EPS grew 66.0%, free cash flow grew 20.3% and total debt fell 48.0%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

2.43 0.15 −5.81%

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Market cap: $391.1M
P/E: 0.0×
Fwd P/E: −1.7×
Dividend yield: —
F-score: 3/9
Altman Z: −5.54
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.05

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	1	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 0.00%

Capital & Financial Ratios $m

Market Cap 391.12

Revenue 1.04

Net Income (247.74)

Free Cash Flow (386.46)

Net Debt (67.09)

Current Ratio 1.62

Debt/Equity 0.55

P/E ratio 0.00

Fwd P/E (1.66)

P/S ratio 259.29

P/B ratio 0.68

Past 5Y EPS Growth —

This Y EPS Growth 58.28%

Next Y EPS Growth 59.46%

Next Y revenue growth (24.68%)

Next 5Y EPS Growth 72.12%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 41.92%

10-year low 10-year high

P/B against its own 10 years 16.72%

10-year low 10-year high

EV/Sales against its own 10 years 30.73%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2025	Powerpack
2024	Powerpack
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	911	596	338	286
Receivables	—	—	—	—
Inventory	—	—	—	—
Other	—	—	—	—
	951	628	373	313

	2023	2024	2025	Q'26
Payables	32	4	15	21
ST’ Debt	—	—	48	30
Other	153	146	146	142
	186	150	209	193

Compound Annual Growth %

	10y	5y	3y
Sales	—	45.35%	(12.59%)
Cash Flow	—	0.00%	0.00%
Earnings	—	0.00%	0.00%
Book Value	—	(12.27%)	(17.06%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	0	0	—	—	—
’25	0	0	0	0	2
’24	2	4	0	0	7
’23	0	2	2	3	7
’22	0	0	1	1	2
’21	—	1	3	0	3
’20	0	—	—	—	0

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(54)	(50)	—	—	—
’25	(76)	(55)	(56)	(52)	(240)
’24	(113)	(79)	(79)	(81)	(353)
’23	(136)	(125)	(91)	(95)	(448)
’22	(66)	(87)	(96)	(131)	(380)
’21	(49)	(65)	(52)	(65)	(231)
’20	(56)	(52)	(55)	(70)	(233)

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(93)	(91)	—	—	—
’25	(122)	(114)	(108)	(95)	(438)
’24	(126)	(114)	(118)	(117)	(475)
’23	(139)	(135)	(105)	(114)	(493)
’22	(68)	(91)	(102)	(135)	(397)
’21	(50)	(66)	(53)	(67)	(235)
’20	(60)	(58)	(59)	(74)	(250)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(0.81)	(0.50)	—	—	—
’25	(2.38)	(1.47)	(1.09)	(0.98)	(5.44)
’24	(5.00)	(4.36)	(2.66)	(2.53)	(13.89)
’23	(11.40)	(9.20)	(5.60)	(5.20)	(29.80)
’22	(7.20)	(8.60)	(11.00)	(11.00)	(37.80)
’21	(11.00)	(7.80)	(3.79)	(6.20)	(28.60)
’20	(37.23)	(6.00)	(6.80)	(6.20)	(58.86)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	197.00	196.60	138.00	181.20	257.20	64.90	27.60	5.27	2.18	Analyst estimates 2026–2028 Powerpack
	High	—	217.00	205.80	241.80	849.80	1,256.00	274.70	132.20	50.80	6.74
People
People	Employees	—	5	5	721	823	804	1,166	805	744	694
	Revenue/emp, $m	—	0.35	0.57	0.01	0.00	0.00	0.00	0.01	0.01	0.00
Income, $m
Income, $m	Revenue	—	2	3	4	0	3	2	7	7	2
	Gross margin, %	—	72.18	57.84	47.00	100.00	100.00	100.00	100.00	(1,179.48)	(4,613.02)
	EBT	—	(138)	(138)	(215)	(645)	(353)	(500)	(502)	(347)	(279)
	EBT margin, %	—	(7,869.56)	(4,843.52)	(5,687.73)	(270,958.40)	(10,717.50)	(21,607.01)	(7,380.65)	(4,927.03)	(18,060.56)
	Net income	—	(138)	(138)	(215)	(645)	(353)	(500)	(502)	(347)	(279)
	Depreciation	—	5	6	7	10	12	13	16	18	19
Per share, $
Per share, $	Revenue	—	0.18	0.29	0.39	0.02	0.27	0.18	0.40	0.28	0.03
	Earnings	—	(14.27)	(14.27)	(21.80)	(58.86)	(28.60)	(37.80)	(29.80)	(13.89)	(5.44)
	Cash flow	—	(14.11)	(15.05)	(21.52)	(21.28)	(18.64)	(28.81)	(26.58)	(14.13)	(4.69)
	Capex	—	(0.58)	(1.09)	(1.43)	(1.57)	(0.37)	(1.25)	(2.63)	(4.88)	(3.86)
	Free cash flow	—	(14.69)	(16.14)	(22.94)	(22.85)	(19.01)	(30.06)	(29.21)	(19.02)	(8.55)
	Book value	—	0.52	4.29	35.32	48.11	72.23	36.39	29.98	12.91	5.35
	Shares, m	—	10	10	10	11	12	13	17	25	51
Valuation, ×
Valuation, ×	P/E	—	251.75	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	P/S	—	0.00	0.00	593.78	2,324.29	938.57	398.43	117.55	20.85	106.53
	P/B	—	24.30	46.60	6.54	9.86	3.70	1.92	1.58	0.46	0.60
	EV/Sales	—	0.00	0.00	464.17	2,033.29	772.44	168.93	45.64	(3.50)	97.57
	EV/FCF	—	0.00	(12.73)	(7.87)	(18.17)	(11.58)	(0.98)	(0.63)	0.05	(0.34)
Cash, $m
Cash, $m	Operating cash flow	—	(137)	(146)	(209)	(233)	(231)	(380)	(448)	(353)	(240)
	Capex	—	(6)	(11)	(14)	(17)	(5)	(16)	(44)	(122)	(198)
	Free cash flow	—	(142)	(156)	(223)	(250)	(235)	(397)	(493)	(475)	(438)
Balance, $m
Balance, $m	Working capital	—	1	13	426	613	547	818	765	478	164
	Total debt	—	—	0	2	27	43	419	418	420	324
	Net debt	—	(1)	(81)	(490)	(652)	(586)	(531)	(493)	(175)	(14)
	Shareholders’ equity	—	5	42	343	527	894	480	505	322	274
Returns, %
Returns, %	ROA	—	(32.51)	(32.52)	(56.49)	(91.50)	(37.69)	(45.29)	(43.32)	(32.39)	(31.61)
	ROIC	—	(2,014.37)	0.00	0.00	0.00	(64.88)	0.00	(2,650.76)	(160.25)	(68.56)
	ROE	—	(588.03)	(593.39)	(111.81)	(148.20)	(49.66)	(72.78)	(101.93)	(83.78)	(93.55)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
RGR Sturm, Ruger & Company, Inc.	$686.1M	56.3×	— (loss-making)	+19.30% (above 0%: growing)	n/m	+54.31% (above 0%: growing)	21.35%	4.83%	Compare
SWBI Smith & Wesson Brands, Inc.	$634.9M	26.2×	30.6×	+32.34% (above 0%: growing)	n/m	−67.46% (below 0%: shrinking)	28.66%	3.75%	Compare
SATL Satellogic Inc.	$631.9M	— (loss-making)	— (loss-making)	+258.54% (above 0%: growing)	n/m	−178.72% (below 0%: shrinking)	82.27%	1.67%	Compare
EVEX Eve Holding, Inc.	$582.0M	— (loss-making)	—	—	n/m	+13.25% (above 0%: growing)	0.00%	0.00%	Compare
PKE Park Aerospace Corp.	$578.8M	36.5×	— (loss-making)	+26.92% (above 0%: growing)	+75.00% (above 0%: growing)	+21.48% (above 0%: growing)	34.32%	22.76%	Compare
TATT TAT Technologies Ltd.	$418.7M	20.4×	28.7×	+22.81% (above 0%: growing)	+106.67% (above 0%: growing)	−146.68% (below 0%: shrinking)	25.16%	10.62%	Compare
SPCE Virgin Galactic Holdings, Inc.	$391.1M	— (loss-making)	— (loss-making)	−67.00% (below 0%: shrinking)	n/m	+20.27% (above 0%: growing)	100.00%	(48,452.24%)
IA Innovative Solutions and Support, Inc.	$338.1M	18.1×	20.7×	+10.72% (above 0%: growing)	+78.57% (above 0%: growing)	+31.13% (above 0%: growing)	51.65%	22.55%	Compare
POWW Outdoor Holding Company	$249.5M	72.7×	— (loss-making)	+22.12% (above 0%: growing)	n/m	−89.37% (below 0%: shrinking)	84.55%	22.76%	Compare
Median of peers	$580.4M	31.4×	28.7×	+22.81%	+78.57%	−27.10%	31.49%	7.73%

All 82 Aerospace & Defense stocks →