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 Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

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

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.

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.

Aurora Cannabis

Ginkgo Bioworks Holdings

Amicus Therapeutics

Lyft

Mullen Automotive

Peloton

WeWork's (OTCMKTS: WEWKQ ) spectacular failure and recent bankruptcy filing should serve as a cautionary tale for many other troubled stocks. It should also serve to renew efforts to reassess one's portfolio and drop stocks that are bound to act as detractors overall.

7 Stocks Most Likely to Follow in WeWork's Woeful Footsteps

Amid another rough year, shares of space tourism pioneer Virgin Galactic (NYSE: SPCE ) popped higher on Tuesday. In recent sessions, SPCE stock has been on the move thanks to a pair of encouraging news.

SPCE Stock Jumps 10% After Virgin Galactic Appoints New Board Member

Virgin Galactic said it would stop Unity space flights next year to focus on the Delta spacecraft. Between now and 2026, when Delta launches, investors will be playing a waiting game.

Why Virgin Galactic's Shares Jumped 5.1% on Monday

ORANGE COUNTY, Calif.--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) (the “Company” or “Virgin Galactic”) today announced the appointment of Luigi Brambilla to Virgin Galactic's Board of Directors. Brambilla is an experienced investment and capital markets executive with an 18-year track record of experience across the Travel & Leisure, Wellness, Entertainment and Financial sectors—including 10 years at the Virgin Group. Michael Colglazier, Chief Executive Officer of Virgin G.

Virgin Galactic Appoints Luigi Brambilla to Board of Directors

Virgin Galactic is cutting operations to the bone as it focuses on the Delta spacecraft. But will the strategy work?

How Virgin Galactic Plans to Get Off the Ground

Virgin Galactic just announced better-than-expected third-quarter results following its sixth successful spaceflight in as many months. The company also announced a "strategic realignment" aimed at supporting production of its next-gen Delta spacecraft.

Why Virgin Galactic Is Smart to Focus on Its Next-Gen Spaceships

Virgin Galactic Holdings Inc. fleshed out its near-term growth strategy when it reported third-quarter results Wednesday, laying out the roadmap for its new Delta Class spacecraft.

For Virgin Galactic, faster revenue generation is coming — ‘just not anytime soon,' says one analyst

AMC Entertainment

Federal National Mortgage Association

In the stock market, investors constantly seek stocks to sell to balance risk and reward. As they navigate the complex world, some stocks emerge as red flags, signaling potential trouble ahead.

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Virgin Galactic is cutting costs for existing operations to focus on developing the Delta spacecraft. Management says it has enough cash to get to free-cash-flow positive.

Why Virgin Galactic Stock Jumped 33% Today

Virgin Galactic Holdings, Inc SPCE surged more than 35% at one point on Thursday, receiving a bullish reaction to its second-quarter financials after beating expectations and showing strong growth.

Trading Strategies For Virgin Galactic Stock (SPCE) Following Post-Q2 Earnings Beat

Virgin Galactic Holdings Inc. (NYSE: SPCE) sent its first fully crewed flight to the edge of space in July 2021, sending its stock price to a level never seen again.

Why Virgin Galactic Stock (SPCE) Is Taking Off After Earnings

Virgin Galactic Holdings Inc (NYSE:SPCE) revealed a forecast of about $3 million in revenue for the last quarter of 2023, surpassing analyst expectations of $1.58 million. The space tourism firm owned by Richard Branson reported third-quarter sales of $1.73 million, exceeding analyst expectations of $1.14 million and a loss of $0.28 per share narrower than the expected $0.43 loss forecast by analysts.

Virgin Galactic sees 3Q revenue beat after announcing cost-cutting measures

Virgin Galactic (NYSE: SPCE ) stock surged 26% on Thursday morning after announcing quarterly revenues that exceeded expectations. Management revealed that revenues hit $1.72 million, exceeding Wall Street predictions of $1.07 million by 60.7%.

Virgin Galactic (SPCE) Stock Surges 26% On Surprise Revenue Beat, Rosy Guidance

The space tourism company reported a third-quarter per share loss of 28 cents from sales of $1.7 million. Wall Street was looking for a 42 cent loss from sales of $1.1 million.

Virgin Galactic Stock Soars After Earnings. This Is the $3 Million Reason.

Virgin Galactic has laid off 185 employees, which represented about 18% of its workforce. The space-tourism company is focusing on building spaceships that can carry six passengers.

Billionaire Richard Branson's Virgin Galactic lays off 185 employees as it doubles down on efforts to build new spaceships

Disney

Shares of Virgin Galactic Holdings Inc. SPCE, -10.34% soared 10% after the space-tourism company narrowed its quarterly loss, more than doubled its revenue, and said it expects to beat analysts expectations in the fourth quarter.

Virgin Galactic shares surge as space firm doubles revenue while Walt Disney stock jumps on spike in streaming customers

Virgin Galactic Holdings, Inc. (NYSE:SPCE ) Q3 2023 Earnings Conference Call November 8, 2023 5:00 PM ET Company Participants Eric Cerny - Vice President-Investor Relations Michael Colglazier - Chief Executive Officer Doug Ahrens - Chief Financial Officer Conference Call Participants Eric Yan - Wells Fargo Greg Konrad - Jefferies Myles Walton - Wolfe Research Michael Leshock - KeyBanc Capital Markets Oliver Chen - TD Cowen Operator Good afternoon. My name is Sarah, and I will be your conference operator today.

Virgin Galactic Holdings, Inc. (SPCE) Q3 2023 Earnings Call Transcript

Virgin Galactic plans to pause spaceflight operations next year to focus resources on developing its next-generation Delta-class spacecraft.

Virgin Galactic pausing flights next year and laying off 18% to focus on next-gen spacecraft

Virgin Galactic Holdings on Wednesday announced a workforce reduction of approximately 185 employees, constituting about 18% of its workforce.

Virgin Galactic to cut workforce by 18%

Virgin Galactic Holdings Inc. SPCE, -10.34% shares rose more than 10% in the after-hours session Wednesday after the space-tourism company narrowed its quarterly loss and doubled its revenue, topping Wall Street expectations. Virgin Galactic lost $105 million, or 28 cents a share, in the quarter, compared with $146 million, or 55 cents a share, in the year-ago quarter.

Virgin Galactic's stock soars after company rakes up $1.7 million in revenue from space tourism

ORANGE COUNTY, Calif.--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic” or the "Company”) today announced its financial results for the third quarter ended September 30, 2023 and provided a business update. Michael Colglazier, Chief Executive Officer of Virgin Galactic said, "With six spaceflights successfully completed in under six months, Virgin Galactic has demonstrated the repeatability of our spaceflight system and also showcased the overwhelmingly positive e.

Virgin Galactic Announces Third Quarter 2023 Financial Results And Provides Business Update

Lucid Group

Sunrun

Knowing what stocks to avoid as a savvy investor can be as important as finding the next big company with impressive returns. Sometimes, it's best to work with specific companies; it's best to cut your losses and move on, depending on how the stock looks in the long term and investors' overall sentiment.

Stop! Avoid These 3 Vulnerable Stock in November

Virgin Galactic announced it is laying off an undisclosed number of employees in order to cut costs, saying high interest rates impacted the decision.

Virgin Galactic cutting jobs, expenses as interest rates bite

Virgin Galactic (NYSE: SPCE ) layoffs are in the news Wednesday as the space travel company prepares to alter course and focus on its Delta Class spaceships. What we don't know is how many employees will be affected by the Virgin Galactic layoffs.

Virgin Galactic Layoffs 2023: What to Know About the Latest SPCE Job Cuts

CEO Michael Colglazier tells employees that high interest rates and geopolitical unrest have made it harder to access near-term capital.

News for Virgin Galactic Stock (SPCE)