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 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

Earnings data Q4 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.

Virgin Galactic reports robust Q3 performance, eyes fleet expansion

Virgin Galactic had a strong quarter, with a focus on efficiency and safety in the spaceship program. While facing negative free cash flow, they maintain a healthy balance sheet. The company is strategically planning fleet expansion and managing costs to drive growth.

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.

Virgin Galactic beat earnings last week, but its stock fell 13% anyway. Revenue for Q2 came in well below analyst predictions.

The Most Surprising Number From Virgin Galactic's Earnings Report (That You Probably Knew Already)

The stock is down, but the future is looking brighter at Virgin Galactic.

Why Did Virgin Galactic Stock Just Flame Out?

Virgin Galactic Holdings Inc. reported its second-quarter results late Tuesday, with the private spaceflight company setting its sights firmly on regular missions and its new Delta spacecraft.

Virgin Galactic plans regular missions and new spacecraft, but capital is key, analysts say

Virgin Galactic's financial health, operational challenges, and strategic decisions raise significant concerns for investors. The development of the Delta fleet faces timeline risks and ongoing dilution risks, making it a strong sell for me. The company's cash burn rate, reliance on equity financing, and lack of aerospace R&D expertise in management further contribute to the concerns.

Virgin Galactic: Lost In Space

Virgin Galactic has made great progress in recent months, but Wall Street's expectations for the quarter got ahead of actual results. The company is being conservative on its early missions, which will mean less revenue coming in.

Why Virgin Galactic Stock Is Falling Today

US spaceflight company Virgin Galactic Holdings Inc (NYSE:SPCE) took a nosedive in pre-market US trades, dipping 8% following the group's second-quarter earnings update. Despite the tepid investor reaction, Virgin Galactic actually posted US$2 million worth of revenues, a strong number for a group that rarely brings in anything.

Virgin Galactic dives 8% despite revenue surge

Virgin Galactic Holdings, Inc. (NYSE:SPCE ) Q2 2023 Earnings Conference Call August 1, 2023 5:00 PM ET Company Participants Eric Cerny - Vice President of Investor Relations Michael Colglazier - Chief Executive Officer Doug Ahrens - Chief Financial Officer Conference Call Participants Greg Konrad - Jefferies Peter Osterland - Truist Securities Matt Akers - Wells Fargo Kristine Liwag - Morgan Stanley Michael Leshock - KeyBanc Capital Markets Myles Walton - Wolfe Research Operator Good afternoon. My name is Sarah, and I will be your conference operator today.

Virgin Galactic Holdings, Inc. (SPCE) Q2 2023 Earnings Call Transcript

Shares of Virgin Galactic Holdings Inc. fell in extended trading Tuesday after the private space company's second-quarter revenue came in below Wall Street's estimates.

Virgin Galactic stock falls on Q2 revenue miss

Virgin Galactic flew two spaceflights during the second quarter: Its final test spaceflight and its first commercial spaceflight.

Virgin Galactic banks $2 million in quarterly revenue after first commercial spaceflight

ORANGE COUNTY, Calif.--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic” or the "Company”) today announced its financial results for the second quarter ended June 30, 2023 and provided a business update. Michael Colglazier, Chief Executive Officer of Virgin Galactic said, “During the quarter, we successfully completed two spaceflights in two months, including the launch of commercial service in late June with a scientific research mission. Scheduled for next week,.

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

Virgin Galactic Holdings Inc. reports its second-quarter results after market close Tuesday, as the private space company ramps up its commercial operations.

Virgin Galactic's Q2 results on deck as spaceflight schedule in the spotlight

The conference call will tell us a lot about Virgin Galactic's future.

What to Expect From Virgin Galactic This Week

Virgin Galactic is due to report its second-quarter results Tuesday. In Q2 2022, Virgin Galactic had less than $400,000 in revenue.

Why Virgin Galactic Stock Took Off Today

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Before markets opened on Monday, SoFi Technologies beat the consensus estimate for its second-quarter per-share loss by a penny and beat the consensus revenue estimate by about 3.2%.

Earnings Previews: AMD, Devon Energy, Starbucks, Uber, Virgin Galactic

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Redwire Corp

Rocket Lab USA

EchoStar

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As Wall Street works its way through second-quarter earnings reports, investors are getting a closer look at first-half performance from the space sector.

Investing in Space: What to watch for in Q2 earnings reports

ARK Space Exploration & Innovation ETF

Some of the best picks in the space sector could launch to higher highs over the long term. Especially if analysts are right about the potential.

3 Space Stocks You Better Be Buying on Each and Every Dip

Virgin Galactic's (SPCE) Q2 results are likely to reflect the positive impact of an increased focus on commercial space travel. However, earnings may have been dampened by the rise in certain costs.

What's in the Cards for Virgin Galactic (SPCE) in Q2 Earnings?

Americans are on board with the mission of private companies to explore the cosmos, but most don't plan to hop on a rocket anytime soon.

SpaceX and Virgin Galactic are pushing space tourism, but most Americans plan to stay on Earth, poll finds

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CleanSpark

FuelCell Energy

Marathon Digital Holdings

Nikola

SoundHound AI Inc

WeWork

It's been a tough year for those in the business of shorting stocks, as a feared recession hasn't arrived, which has allowed the beaten-down of Corporate America to survive, if perhaps not thrive. According to HFR, hedge funds have returned just 3% this year, which makes sense given the terrible results for managers who are shorting securities.

It's a dash for trash right now, and these lotto stocks have rocketed 86% on average

Astra Space

Ginkgo Bioworks Holdings

Proterra

TuSimple Holdings

Picture this: you're sat with a pile of ‘pennies' in your hand, and you're daydreaming about turning those pennies into dollars. Not in the usual sense, though, you're thinking about penny stocks.

5 Penny Stocks To Watch Under $5 This Week

Shares of Virgin Galactic Holdings Inc. SPCE, +4.61% are on pace for their highest one-day percentage gain in three weeks. The stock is up 4.7% Wednesday and on track to record its highest one-day percentage gain since Jun 28, when it rose 9.2%.

Virgin Galactic stock set for highest percentage gain in three weeks

Virgin Galactic Holdings Inc.'s SPCE, +5.26% stock rose 6.2% Wednesday after ending Tuesday's session up 0.3%, snapping a two-day losing steak. On Monday Virgin Galactic named the three passengers for its first flight to take private astronauts to space.

Virgin Galactic stock rockets ahead of first private spaceflight

Virgin Galactic is going to space again in August as part of regular flights for the company.

Virgin Galactic Announces Next Flight

TUSTIN, Calif.--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic” or the “Company”), an aerospace and space travel company, today announced that it will report its financial results for the second quarter of 2023 following the close of the U.S. markets on Tuesday, August 1, 2023. Virgin Galactic will host a conference call to discuss the results that day at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). A live webcast and replay of the conference call will be ava.

Virgin Galactic Announces Date of Second Quarter 2023 Financial Results and Conference Call

A former Olympian has been named among the crew for Virgin Galactic's first space tourism flight.

News for Virgin Galactic Stock (SPCE)