9 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | $2M | -$278907 | -4613.0% | -18480.8% | -0.1% | -0.0% | -$438M | $324M | $145M |
| 2024 | $7M | -$346740 | -1179.5% | -5352.9% | -0.1% | -0.0% | -$475M | $420M | $179M |
| 2023 | $7M | -$502337 | -643.2% | -7816.3% | -0.1% | -0.0% | -$493M | — | $217M |
| 2022 | $2M | -$500152 | 17.6% | -21625.6% | -0.1% | -0.0% | -$397M | — | $302M |
| 2021 | $3M | -$352899 | 91.7% | -9706.4% | -0.0% | -0.0% | -$235M | $310000 | $524M |
| 2020 | $238000 | -$645M | 27.3% | -115665.5% | -122.4% | -80.2% | -$250M | $620000 | $666M |
| 2019 | $4M | -$215M | 47.0% | -5640.4% | -62.7% | -35.5% | -$223M | $0 | $480M |
| 2018 | $3M | -$138M | 57.8% | -5868.2% | -332.4% | -88.5% | -$156M | — | $74M |
| 2017 | $2M | -$138M | 72.2% | -7907.9% | -599.1% | -19.9% | -$142M | — | $75M |
| Quarter | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| Jun '26 | $134000 | -$56M | -20931.3% | -48452.2% | -14.1% | -6.8% | -$91M | $219M | $187M |
| Mar '26 | $227000 | -$65M | -12957.3% | -28895.2% | -28.9% | -8.6% | -$93M | $320M | $125M |
| Dec '25 | $312000 | -$63M | -5746.2% | -19483.0% | -22.9% | -7.8% | -$95M | $324M | $145M |
| Sep '25 | $365000 | -$64M | -5241.6% | -18127.7% | -28.5% | -7.5% | -$108M | — | $129M |
| Jun '25 | $406000 | -$67M | -3399.0% | -17227.1% | -25.5% | -7.5% | -$114M | — | $164M |
| Mar '25 | $461000 | -$84M | -4417.6% | -19186.1% | -31.0% | -9.3% | -$122M | — | $141M |
| Dec '24 | $429000 | -$76M | -4625.2% | -19103.3% | -23.7% | -7.9% | -$117M | $420M | $179M |
| Sep '24 | $402000 | -$75M | -4843.8% | -20330.3% | -20.4% | -7.3% | -$118M | — | $172M |
| Jun '24 | $4M | -$94M | -546.6% | -2412.1% | -23.8% | -8.8% | -$114M | — | $182M |
| Mar '24 | $2M | -$102M | -1038.1% | -5599.9% | -24.4% | -9.5% | -$126M | — | $195M |
| Dec '23 | $3M | -$104M | -766.4% | -4067.8% | -20.6% | -8.8% | -$114M | — | $217M |
| Sep '23 | $2M | -$105M | -1384.3% | -6613.0% | -17.5% | -8.2% | -$105M | — | $231M |
| Jun '23 | $2M | -$134M | 87.5% | -7459.4% | -27.7% | -11.7% | -$135M | — | $358M |
| Mar '23 | $392000 | -$159M | 18.9% | -41685.2% | -43.5% | -15.4% | -$139M | — | $416M |
| Dec '22 | $869000 | -$151M | -34.5% | -17642.2% | -31.4% | -13.2% | -$135M | — | $302M |
| Sep '22 | $767000 | -$146M | 23.1% | -18978.0% | -23.7% | -11.6% | -$102M | $0 | $394M |
| Jun '22 | $357000 | -$111M | 65.8% | -30733.9% | -17.0% | -8.7% | -$91M | $310000 | $330M |
| Mar '22 | $319000 | -$93M | 92.2% | -28649.5% | -12.4% | -6.9% | -$68M | $310000 | $601M |
| Dec '21 | $141000 | -$81M | 98.6% | -57646.1% | -9.0% | -7.6% | -$67M | $310000 | $524M |
| Sep '21 | $3M | -$48M | 92.0% | -3220.1% | -5.0% | -4.3% | -$53M | $310000 | $703M |
How the market has priced SPCE against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Virgin Galactic Holdings, Inc's revenue has grown 45.3% per year. These are computed facts, not advice.
As of FY2025, Virgin Galactic Holdings, Inc reported $324M of total debt against $145M of cash; operating income covered interest expense -22.3×.
In FY2025, gross margin was -4613.0%, operating margin -18480.8%, and net margin -18.1%.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.