Virgin Galactic Holdings, Inc
SPCE NYSE· Transportation Services
Last close · Oct 26, 2026
$2.56
KIRA · Stoqly’s AI analyst, in plain words
- Virgin Galactic Holdings, Inc had $1.5M of revenue in fiscal 2025, down 78.1% on the year before. Over five years, revenue changed +45.3% a year on average.
- Its operating margin was −18,480.8%, down 13,127.9 pts: of every 100 in sales, about −18,481 is left after running the business.
- Virgin Galactic Holdings, Inc lost $279M in fiscal 2025.
- Free cash flow was −$438M in fiscal 2025, −28,380.0% of revenue.
- Virgin Galactic Holdings, Inc owes $17.5M more than it holds in cash.
Market cap
$284M
P/E
—
Revenue
$1.5M
Net income
−$279M
Free cash flow
−$438M
Operating margin
−18,480.8%
Virgin Galactic Holdings, Inc in 30 seconds · fiscal 2025
Are sales growing?
−78.1%
No. Sales fell 78.1% last year.
Does it make a profit?
−18,063.9%
No. It lost money last year.
Does profit turn into cash?
−28,380.0%
No. It spent more cash than it brought in.
How healthy are the accounts?
3 / 9
Weak. It passes 3 of 9 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What Virgin Galactic Holdings, Inc does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 30, 2026
- Legal name
- Virgin Galactic Holdings, Inc
- CIK
- 0001706946
Virgin Galactic Holdings, Inc · SPCE
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $3.3M | $2.3M | $6.8M | $7.0M | $1.5M |
| Revenue growth | 1,283.2% | −29.8% | 194.1% | 3.5% | −78.1% |
| Gross margin | 91.7% | 17.6% | −643.2% | −1,179.5% | −4,613.0% |
| Operating margin | −9,706.4% | −21,625.6% | −7,816.3% | −5,352.9% | −18,480.8% |
| Net income | −$353M | −$500M | −$502M | −$347M | −$279M |
| Net margin | −10,719.9% | −21,632.9% | −7,387.3% | −4,928.1% | −18,063.9% |
| Diluted EPS | −$1.43 | −$1.89 | −$29.79 | −$13.89 | −$5.44 |
| Cash | |||||
| Cash from operations | −$231M | −$380M | −$448M | −$353M | −$240M |
| Capital expenditure | $4.6M | $16.5M | $44.3M | $122M | $198M |
| Free cash flow | −$235M | −$397M | −$493M | −$475M | −$438M |
| FCF margin | −7,150.6% | −17,159.6% | −7,242.7% | −6,744.7% | −28,380.0% |
| Share count change | 13.0% | 6.6% | −93.6% | 48.0% | 105.3% |
| Debt and strength | |||||
| Cash and short-term investments | $604M | $909M | $874M | $563M | $307M |
| Debt incl. finance leases | $0.6M | — | — | $421M | $325M |
| Shareholders' equity | $894M | $480M | $505M | $322M | $274M |
| Current ratio | 5.2x | 5.4x | 5.1x | 4.2x | 1.8x |
| Interest coverage | −12,781.4x | −41.2x | −41.3x | −29.1x | −22.3x |
| Returns and quality | |||||
| Return on capital | −86.8% | — | — | −166.1% | −77.4% |
| Return on equity | −49.7% | −72.8% | −101.9% | −83.8% | −93.6% |
| Return on tangible equity | −39.5% | −104.1% | −99.4% | −107.6% | −101.8% |
| Piotroski F-score | 5 | 2 | 4 | 2 | 3 |
| Altman Z'' | 3.3 | −2.1 | −3.9 | −7.2 | −11.7 |
Insiders bought, 12 months
$0.0M
1 insider
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Virgin Galactic Holdings, Inc · SPCE
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $2.56 a share, the company is worth $284M.
Source: SEC EDGAR XBRL filings (CIK 0001706946). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.