Companies / SPCE
Virgin Galactic Holdings, Inc (SPCE)
Virgin Galactic Holdings, Inc., an aerospace and space travel company, focuses on the development, manufacture, and operation of spaceships and related technologies. It engages in the design and development, manufacturing, ground and flight testing, spaceflight operation, and post-flight maintenance of spaceflight systems for private individuals, researchers, and government agencies. Virgin Galactic Holdings, Inc. has a Cooperative Research and Development Agreement with the Air Force Research Laboratory to Advance Space Weather Science. Virgin Galactic Holdings, Inc. is headquartered in Tustin, California.
Ticker SPCE Exchange NYSE Sector Industrials Industry Aerospace & Defense Market cap $391.34M 52-week range $2.13 - $8.90
Valuation Share price $2.77 (close of Nov 6, 2026) P/E (TTM) -0.82x Price to book 0.99x Price to free cash flow -1.01x Enterprise value $423.04M Book value per share $2.80
Price performance Period Change 1 day +16.39% 5 days +7.36% 1 month -9.77% 3 months -5.46% 6 months +4.14% Year to date -13.71% 1 year -22.63% 3 years -91.80% 5 years -99.29% All time -98.63%
Short interest As of Oct 15, 2026 Short % of float 25.93% Shares short 39.11M Days to cover 7.10 Change since prior report +6.18% Source FINRA consolidated short interest
Profitability and growth Return on equity -101.80% Return on invested capital -47.70% Return on assets -34.73% Return on capital employed -48.05% Gross margin -4,613.02% Net margin -18,063.92% EBITDA margin -17,413.08% Revenue growth -78.06%
Cash flow and balance sheet Free cash flow yield (TTM) -98.75% Current ratio 1.62x Net debt to EBITDA -0.14x
Latest reported year Period end Dec 31, 2025 Fiscal year 2025 Revenue $1.54M Cost of revenue $72.77M Gross profit -$71.22M EBITDA -$268.86M Net income -$278.91M Research and development $80.47M Interest expense $12.78M
Income statement by year Period end Revenue Gross profit Net income 2025-12-31 $1.54M -$71.22M -$278.91M 2024-12-31 $7.04M -$82.99M -$346.74M 2023-12-31 $6.80M -$43.74M -$502.34M 2022-12-31 $2.31M $406.00K -$500.15M 2021-12-31 $3.29M $3.02M -$352.90M 2020-12-31 $238.00K $65.00K -$644.89M 2019-12-31 $3.78M $1.78M -$215.12M 2018-12-31 $2.85M $1.65M -$138.14M 2017-12-31 $1.75M $1.27M -$138.19M
Margins and returns by year Period end Gross margin Net margin Return on equity Return on capital 2025-12-31 -4,613.02% -18,063.92% -101.80% -47.70% 2024-12-31 -1,179.48% -4,928.08% -107.59% -50.73% 2023-12-31 -643.21% -7,387.31% -99.38% -57.56% 2022-12-31 17.56% -21,632.87% -104.15% -55.81% 2021-12-31 91.74% -10,719.90% -39.46% -34.09% 2020-12-31 27.31% -270,960.92% -122.35% -49.64% 2019-12-31 47.00% -5,689.37% -62.67% -57.99% 2018-12-31 57.84% -4,848.68% - - 2017-12-31 72.18% -7,878.39% - -
Cash and debt by year Period end Cash Debt 2025-12-31 $144.73M $276.36M 2024-12-31 $178.60M $420.12M 2023-12-31 $216.80M $417.89M 2022-12-31 $302.29M $415.72M 2021-12-31 $524.48M $310.00K 2020-12-31 $665.92M $310.00K 2019-12-31 $480.44M - 2018-12-31 $73.99M - 2017-12-31 $75.43M -
Free cash flow by year Period end Free cash flow Stock-based compensation 2025-12-31 -$438.19M $18.70M 2024-12-31 -$474.56M $29.75M 2023-12-31 -$492.50M $44.26M 2022-12-31 -$396.73M $45.71M 2021-12-31 -$235.40M $61.80M 2020-12-31 -$250.36M $30.32M 2019-12-31 -$222.97M $2.54M 2018-12-31 -$156.29M - 2017-12-31 -$142.27M -
Investor relations Next earnings report Next confirmed report Nov 12, 2026 Consensus EPS estimate $-0.44 Past earnings dates Reported Fiscal period EPS estimate 2026-08-12 Jun 2026 -$0.60 2026-05-14 Mar 2026 -$0.79 2026-03-30 Dec 2025 -$1.12 2025-11-13 Sep 2025 -$1.51 2025-08-06 Jun 2025 -$2.12 2025-05-15 Mar 2025 -$2.23 2025-02-26 Dec 2024 -$3.60 2024-11-06 Sep 2024 -$4.10
Filings and sources Company website virgingalactic.com SEC filings 10-K, 10-Q and 8-K on EDGAR Earnings calendar All upcoming reports
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