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.

Later this month, Virgin Galactic Holdings Inc (NYSE:SPCE) is expecting its rocket to carry out its first zero-gravity flight in nearly two years, the final test before money-spinning commercial space tourism can begin. Sir Richard Branson's company confirmed alongside its financial results that the final test flight for VSS Unity would be in around two and a half weeks and that it "remains on track targeting late June" for commercial flights - costing at least US$450,000 a pop and generating upwards of US$2.7mln per flight.

Virgin Galactic has one final hurdle before it can begin space tourism flights

Virgin Galactic Holdings is sending a crew of four mission specialists to space on Unity's 25th flight later this month. The mission will serve as the final assessment before commercial services begin in June.

Virgin Galactic prepares for final assessment mission as commercial services loom; reports earnings miss

Virgin Galactic (SPCE) came out with a quarterly loss of $0.57 per share versus the Zacks Consensus Estimate of a loss of $0.50. This compares to loss of $0.36 per share a year ago.

Virgin Galactic (SPCE) Reports Q1 Loss, Tops Revenue Estimates

Virgin Galactic Holdings, Inc. (NYSE:SPCE ) Q1 2023 Earnings Conference Call May 9, 2023 5:00 PM ET Company Participants Eric Cerny - VP, IR Michael Colglazier - CEO, President & Director Douglas Ahrens - EVP, CFO & Treasurer Conference Call Participants Gregory Konrad - Jefferies Michael Leshock - KeyBanc Capital Markets Matthew Akers - Wells Fargo Securities Myles Walton - Wolfe Research Kristine Liwag - Morgan Stanley Operator Good afternoon. My name is Joel, and I will be your conference operator today.

Virgin Galactic Holdings, Inc. (SPCE) Q1 2023 Earnings Call Transcript

Virgin Galactic is aiming to fly its first spaceflight in nearly two years later this month.

Virgin Galactic quarterly loss widens while company preps for spaceflight return

Virgin Galactic Holdings Inc. SPCE, the space-travel company founded by Richard Branson, reported a deeper loss than expected during its first quarter and sales that came up shy of expectations, but said its first planned commercial flight was on track for late June. Virgin Galactic reported a first-quarter net loss of $159.4 million, or 57 cents a share, compared with $93.1 million, or 36 cents a share, in the same quarter last year.

Virgin Galactic says first commercial flight still ‘on track' for late June

ORANGE COUNTY, Calif.--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic” or the "Company”) today announced its financial results for the first quarter ended March 31, 2023 and provided a business update. Michael Colglazier, Chief Executive Officer of Virgin Galactic said, “We are excited to return to space with the 'Unity 25' mission planned for the end of May, and we are actively readying for commercial service to begin in late June. Concurrently, we are making st.

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

Shares of Virgin Galactic Holdings Inc. rallied more than 12% Monday after the space-tourism company unveiled plans for its first suborbital flight in nearly two years and said commercial service was on track to start in late June.

Virgin Galactic stock jumps over 12% as space-tourism company unveils next flight

Aerospace and space travel enterprise Virgin Galactic (NYSE: SPCE ) generated positive headlines during a soft Monday opener on Wall Street. After suffering heavy losses since peaking in 2021, SPCE stock responded positively to management's announcement that it aims to launch its first commercial flight in late June, per Reuters.

Dear SPCE Stock Fans, Mark Your Calendars for Late June

Virgin Galactic, the suborbital space tourism company, is gearing up for its first flight to the edge of space in nearly two years.

Virgin Galactic set for first spaceflight since Richard Branson's trip two years ago

Virgin Galactic will return to the skies later this month, in a crewed mission that the company hopes will bring to an end the nearly three-year gap since its first and only crewed flight in July 2021. The space tourism company said Monday it will send a crew of four to space in late May.

Virgin Galactic aims for triumphant return with crewed flight at the end of May

ORANGE COUNTY, Calif.--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) today announced the mission specialists who will take part in the upcoming Unity 25 mission. Unity 25 is the final assessment of the full spaceflight system and astronaut experience ahead of the first commercial flight, ‘Galactic 01', planned for late June. Please visit the Virgin Galactic website for further information. Press materials clear for your use can be accessed via the Virgin Galactic Press FTP includ.

Virgin Galactic Announces Crew for Return to Space in Late May

Company has reported $1.5 billion in operating losses amid difficulties developing vehicles.

Virgin Galactic Aims for Space Tourism Launch After Delays

Virgin Galactic's (SPCE) Q1 results are likely to reflect the positive impact of the solid demand for space travel, which may have been partially dampened by the rise in certain costs.

What's in Store for Virgin Galactic (SPCE) in Q1 Earnings?

Astra Space

Momentus

Redwire Corp

Rocket Lab USA

The space race is on, with as many as 7,300 satellites orbiting Earth and plans for tens of thousands more. Here's a look at the big players and what's at stake.

The Private Space Industry Is Booming. Investors Had Better Be Careful.

ARK Space Exploration & Innovation ETF

Planet Labs

Humanity's passion for exploring space has never been more palpable. An array of companies operating in space, both public and private, have been making waves in a burgeoning industry that propels people, cargo, and innovations skyward.

The 3 Best Space Industry Stocks to Buy for Galactic Returns

Virgin Galactic Holdings Inc (NYSE:SPCE) shares are expected to float further away from recent all-time lows after it took another step towards starting commercial zero-gravity flights on the edge of space in the next two months. The space tourism company said its Unity rocket carried out a nine-minute glide flight, after being carried to 47,000 ft by its Eve mothership.

Virgin Galactic completes unpowered rocket test flight

TUSTIN, Calif.--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) today announced the completion of its Unity 24 glide flight from Spaceport America. Please visit the Company's website for further information about today's flight. Press materials clear for your use can be accessed via the Virgin Galactic Press FTP including: B-Roll – 120 seconds package Flight images Pilot bios Dave Mackay, Chief Pilot, Glide Flight Introduction video About Virgin Galactic Holdings Virgin Galactic is.

Virgin Galactic Completes Glide Flight from Spaceport America

TUSTIN, Calif.--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) (the “Company” or “Virgin Galactic”) today announced several changes to Virgin Galactic's Board of Directors including the appointment of two new directors. The Company also announced that Virgin Group's Chief Investment Officer, Evan Lovell, has been appointed Chair of the Board of Directors, effective April 21. Lovell has served as the Company's interim chair since February 2022 and as a member of the Company's Board.

Virgin Galactic Announces Changes to Board of Directors

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 first quarter of 2023 following the close of the U.S. markets on Tuesday, May 9, 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 availab.

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

Mach 3 could still be a long way off for Virgin Galactic.

Where Is Virgin Galactic's Mach 3 Aircraft?

Global X Robotics & Artificial Intelligence ETF

iShares U.S. Technology ETF

New tech is always one of the more popular and exciting investment ideas since groundbreaking tech advancements tend to attract gobs of money. However, tech is a volatile sector, and these companies only sometimes experience success on a linear basis.

Finding New Technology to Invest in: A Guide

Virgin Orbit targeted the small satellite launch market, catering to customers whose satellites weighed up to 500 kilograms or 1,100 pounds.

Virgin Orbit was a promising company that could never find a working business model

Management needs to answer more than if Virgin Galactic can get off the ground.

4 Burning Questions for Virgin Galactic

Intuitive Machines Inc

Virgin Orbit Holdings

High-profile initiatives by billionaires Elon Musk and Jeff Bezos, coupled with cheap money, helped the sector soar. Once valued as high as $3.2 billion, the Richard Branson-backed satellite launcher sought protection from creditors in court less than two years after making its market debut via a shell company.

News for Virgin Galactic Stock (SPCE)