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 announced that the company will launch its first commercial spaceflights this summer with a research mission in June followed by a private astronaut trip in August.

Virgin Galactic announces first commercial spaceflights this summer

Virgin Galactic's first commercial flight will take Italian researchers to space in late June.

Virgin Galactic Plans First Commercial Space Flight This Month

After years of tests, space tourism line Virgin Galactic is finally beginning commercial spaceflight services at the end of the month, the company announced today. After these initial flights, they will move to monthly ones and start working through the ticket-holder backlog.

Virgin Galactic starts commercial spaceflights in two weeks

Virgin Galactic Holdings , the space tourism firm founded by Richard Branson, said on Thursday its first commercial spaceflight would launch later this month, sending its shares up 28% in trading after the bell.

Virgin Galactic plans first commercial spaceflight in June, shares jump

ORANGE COUNTY, Calif.--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) today announced the start of commercial spaceline operations. The first commercial spaceflight, ‘Galactic 01,' is planned to fly between June 27 – June 30, 2023. The second commercial spaceflight, ‘Galactic 02,' will follow in early August 2023, with monthly spaceflights expected thereafter. ‘Galactic 01,' a scientific research mission, will carry three crew members from the Italian Air Force and the National Re.

Virgin Galactic Announces Start of Commercial Spaceflight Service

Virgin Galactic aims to launch its commercial space tourism service in late June, with a flight carrying members of the Italian Air Force.

Virgin Galactic sets first commercial space tourism flight for this month; shares spike more than 30%

Virgin Galactic is trying to build a consumer-driven space business. The company recently launched its first space mission.

This Is Virgin Galactic's Achilles' Heel

Good things happen to a stock when an analyst gets more bullish. One prognosticator upped his recommendation on the shares.

Why Virgin Galactic Stock Zoomed 4% Higher on Wednesday

Carnival

Norwegian Cruise Line

Two Wall Street analysts upgraded Carnival Monday, and one gave a vote of confidence to Norwegian Cruise Line as well. Meanwhile, Virgin Galactic is on the cusp of becoming a real live space tourism company.

Why Carnival, Norwegian Cruise Line, and Virgin Galactic Stocks All Popped on Monday

AMC Entertainment

ARK Innovation ETF

Beyond Meat

Carvana

GameStop

Palantir Technologies

Invesco QQQ

On Wall Street, short selling (borrowing shares to bet against a company) is one of the most challenging endeavors to master. First, from a long-term perspective, anyone shorting is hypothetically swimming upstream.

Squeezing the Market: Riding the Rollercoaster of Short Squeeze Mania

Although Virgin Galactic completed its first successful test flight in 2 years, its share price has dropped more than 30% from the recent peak which shows investors' pessimism. With more than 800 paid passengers, Virgin Galactic could only realize much of the revenue with its new spacecraft coming in 2026, due to the limited capacity and flight cadence of the current version. While short-term share price can be expected to rise because of different catalysts, the long-term share rating is "underweight".

Virgin Galactic: Successful Test Flight Does Not Mean Share Price Will Take Off

Boeing

Lockheed Martin

Shares of Virgin Galactic SPCE are moving aggressively higher in early trade on Tuesday as the world may be about to change in a fundamentally paradigm-shifting way. At last check, the stock was trading up almost 6% to above $4.00 in the wake of bombshell whistleblower testimony that the United States and other near-peer countries are in possession of exotic materials of a non-human, off-planet origin.

Bombshell Whistleblower Testimony Suggests Virgin Galactic is Wildly Undervalued - Lockheed Martin (NYSE:LMT), Boeing (NYSE:BA)

Aerojet Rocketdyne Holdings

Astra Space

AST SpaceMobile

Rocket Lab USA

The menu of investable space flight stocks is meager, and most of the best-known companies in this space aren't profitable. Investors who stick to space flight companies with government contracts might have better long-term prospects.

Is Now the Time to Buy Space Flight Stocks?

Virgin Galactic Takes Off, So Why Is the Stock Falling?

Virgin Galactic will soon begin commercial flights. But profitability is still many years away.

Space Could Be the Next Great Frontier, But This Stock Won't Take Your Portfolio There

The Virgin Galactic story is not about its first operational spaceflight, as long-awaited as that may be. It's about cadence.

Investing in Space: Virgin Galactic still has a big hurdle to clear for commercial service

Space stock Virgin Orbit went bust this week, selling its assets in a bankruptcy auction. Once worth nearly $4 billion, Virgin Orbit ended up sold for parts -- for a total of $36.5 million.

Are All Space Stocks Insanely Overpriced?

Virgin Orbit filed for bankruptcy protection last month. This month the process is wrapping up as Virgin Orbit's assets have been auctioned off to the highest bidder(s).

Unlike a Phoenix, Virgin Orbit Will Not Rise Again

Virgin Galactic launched a successful test flight Thursday and appears on track to begin commercial service next month. However, the company is bleeding cash and will continue to do so for the foreseeable future.

Here's Why Virgin Galactic Stock Is Down Despite Good News

The company made its first crewed test flight since Sir Richard Branson went to orbit in July 2021.

Virgin Galactic Completed Its Space Mission. The Stock Didn't Lift Off.

Richard Branson's space tourism venture Virgin Galactic completed its first flight in two years yesterday, paving the way for commercial operations to begin in June. Virgin's Unity craft reached the edge of space with four passengers and two pilots before heading back to land in the New Mexico desert.

Richard Branson toasts Virgin Galactic as fifth flight completes

Following a successful flight to the edge of space on Thursday, space tourism company Virgin Galactic says it is ready to enter commercial service in June. Virgin Galactic's aircraft, VMS Eve, departed the New Mexico launch site carrying a crew of six (plus two aircraft pilots) at around 9:15 AM MT.

Following successful mission, Virgin Galactic targeting June for first commercial spaceflight

Virgin Galactic Holdings Inc.'s VSS Unity spacecraft made its fully crewed return to space Thursday, the company's first crewed mission in almost two years.

Virgin Galactic's VSS Unity makes fully crewed return to space

ORANGE COUNTY, Calif.--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) today successfully completed its Unity 25 mission to space. Mission specialists Jamila Gilbert, Christopher Huie and Luke Mays became the newest Virgin Galactic Astronauts as they evaluated the end-to-end astronaut training and spaceflight experience. The Company will now prepare for commercial spaceline operations beginning with the ‘Galactic 01' mission planned for late June. Please visit the Virgin Galactic w.

Virgin Galactic Completes Successful Spaceflight

It's a crucial moment for Virgin Galactic, which has suffered repeated setbacks, several disasters and years of delays in developing its spaceflight system.

News for Virgin Galactic Stock (SPCE)