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.

Rocket Lab USA

Space stocks are climbing in premarket trades Friday, boosted by Virgin Galactic Holdings Inc.'s and Rocket Lab USA Inc.'s results this week.

Space stocks set to climb, boosted by Virgin Galactic and Rocket Lab results

Virgin Galactic (SPCE) stock price rose by 4% in the post-market session after the company published better-than-expected financial results. It rose to $5.49, paring back some of the losses made in the regular session.

Virgin Galactic stock rose after earnings but gains could be brief

Virgin Galactic Holdings, Inc. (NYSE:SPCE ) Q2 2024 Earnings Conference Call August 7, 2024 5:00 PM ET Company Participants Eric Cerny - Vice President, Investor Relations Michael Colglazier - President and Chief Executive Officer Doug Ahrens - Chief Financial Officer Conference Call Participants Gregory Konrad - Jefferies Oliver Chen - TD Cowen Myles Walton - Wolfe Research Michael Leshock - KeyBanc Capital Markets Operator Good afternoon. My name is Sarah and I'll be your conference operator today.

Virgin Galactic Holdings, Inc. (SPCE) Q2 2024 Earnings Call Transcript

Virgin Galactic (SPCE) came out with a quarterly loss of $4.36 per share versus the Zacks Consensus Estimate of a loss of $5.40. This compares to loss of $9.20 per share a year ago.

Virgin Galactic (SPCE) Reports Q2 Loss, Tops Revenue Estimates

Virgin Galactic Holdings Inc.'s quarterly revenue doubled and losses narrowed as it raked in more membership fees from future space tourists and earned money from commercial flights.

Virgin Galactic's sales double as more space tourists join the line

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, 2024 and provided a business update. Michael Colglazier, Chief Executive Officer of Virgin Galactic said, “Progress on our Delta Class spaceship program was substantial in Q2, with the pace of design completion accelerating and tool fabrication underway. In the next month, our teams will pivot primary.

Virgin Galactic Announces Second Quarter 2024 Financial Results And Provides Business Update

Virgin Galactic's (SPCE) Q2 results are likely to reflect the benefits of commercial spaceflights as well as lower materials and consulting expenses amid the adverse impacts of higher interest expenses.

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

AST SpaceMobile

In the era of rapid innovation, space tourism stocks have emerged as one of the most promising sectors this year. Historically, the government primarily funded space exploration, but the end of the 1970 Space Race opened the doors to the private sector.

3 Space Tourism Stocks That Could Skyrocket by 2025

ORANGE COUNTY, Calif.--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic” or the "Company”) today announced that it will report its financial results for the second quarter 2024 following the close of the U.S. markets on Wednesday, August 7, 2024. 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 available on the Company's Investor R.

Virgin Galactic Announces Date of Second Quarter 2024 Financial Results and Conference Call

Virgin Galactic (SPCE) stock price has hit what looks like its final descent as concerns about its future remain. It has plunged by 85% this year and by almost 100% from its all-time high in June 2021.

Virgin Galactic (SPCE) stock has crashed amid bankruptcy risks

AMC Entertainment

SolarEdge Technologies

Investing in the stock market is always a gamble, and some risky stocks present an unusually high level of volatility, potentially outweighing any possible returns. The S&P 500 and Nasdaq have reported excellent year-to-date (YTD) gains.

3 Risky Stocks to Steer Clear of in 2024

24/7 Insights By one measure, Wall Street expectations for where Virgin Galactic Holdings Inc.

Virgin Galactic Stock Price Prediction: Where Will It Be in 1 Year

A single trip would last about 6 hours and ticket prices range from $50,000 to around $184,000 per seat.

Startups are building balloons to hoist tourists 100,000 feet into the stratosphere

Delta Air Lines

Virgin Galactic Holdings Inc. has completed its new manufacturing facility in Phoenix, the company said Wednesday. That's where the space-tourism company will begin assembling its new Delta spacecraft, starting in the first quarter of 2025.

Virgin Galactic's stock rises as company completes manufacturing facility for new Delta spacecraft

ORANGE COUNTY, Calif.--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic” or the “Company”) today announced the completion of its new manufacturing facility in Phoenix, Arizona, where final assembly of its next-generation Delta spaceships is scheduled to take place starting in Q1 2025. An initial team of Virgin Galactic technical operations and manufacturing personnel has begun preparing the facility to receive and install tooling, expected to arrive in Q4 2024. The.

Virgin Galactic Completes New Spaceship Manufacturing Facility in Arizona

Big Lots

Beyond Meat

ChargePoint Holdings

Lucid Group

Medical Properties Trust

Upstart Holdings

Short selling is like all investing in that it is part art, part science. Investors who pick short sale stocks use fundamental and technical indicators to inform their belief that a given share will decline in price.

7 Stock Picks for Brazen Short Sellers Seeking Overnight Riches

iHeartMedia

Terran Orbital Corp

Redfin

Exela Technologies

Almost all investors have mistakenly held onto a stock, hoping it'll bounce back, only to watch it plummet further. Regardless, they still often bounce back in the long run if you go after profitable companies.

7 Stocks to Sell ASAP Before They File for Bankruptcy

Lockheed Martin

As the race to space heats up, the top space stocks to buy are delivering high returns.  In the last few years, the commercialization of space has reached new highs with governments investing heavily in commercial space assets.

You've Been Warned! 3 Space Stocks to Buy Now or Regret Forever.

Foot Locker

Identifying stocks to sell is essential to investing to protect and expand portfolios. Investors should flag possible hazards and closely examine stocks with concerning financial and operational challenges.

Investor Sell Alert: 3 Stocks to Dump Before a July Crash

NVIDIA

Nvidia executed a 10-for-1 stock split in early June. Around the same time as Nvidia's split, space exploration company Virgin Galactic did a 1-for-20 reverse split.

1 Stock Split Stock to Buy and Hold for Decades, and 1 to Avoid Like the Plague

Northrop Grumman

Spire Global

On Wall Street, many space exploration stocks have transcended the boundaries of science fiction, becoming part of a potentially lucrative investment area. In recent years, a new breed of companies has been emerging, dedicated to pushing the final frontier.

3 Space Exploration Stocks Pushing the Final Frontier

Virgin Galactic (SPCE) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Virgin Galactic (SPCE) Surges 7.5%: Is This an Indication of Further Gains?

Shares started the week trading after a 1-for-20 stock split. Investors weren't willing to wait for the upside of a company still two years from commercial operations.

Virgin Galactic's Free Fall Continues

Virgin Galactic Holdings Inc.'s said Thursday it landed a return customer for its next-generation Delta Class spaceship targeted for launch in 2026.

Virgin Galactic lines up customer for its new Delta spacecraft

ORANGE COUNTY, Calif.--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic” or the “Company”) today announced a new contract with the International Institute for Astronautical Sciences (“IIAS”) to fly three research astronauts as part of a future crew aboard the Company's Delta Class spaceship. It will be the second research mission that IIAS has conducted with Virgin Galactic. It follows ‘Galactic 05' in November 2023, which tested novel healthcare technologies and e.

News for Virgin Galactic Stock (SPCE)