See more : Electronic Tele-Communications, Inc. (ETCIA) Income Statement Analysis – Financial Results
Complete financial analysis of Virgin Galactic Holdings, Inc. (SPCE) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Virgin Galactic Holdings, Inc., a leading company in the Aerospace & Defense industry within the Industrials sector.
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Virgin Galactic Holdings, Inc. (SPCE)
About Virgin Galactic Holdings, Inc.
Virgin Galactic Holdings, Inc. focuses on the development, manufacture, and operation of spaceships and related technologies for conducting commercial human spaceflight and flying commercial research and development payloads into space. It is also involved in the ground and flight testing, and post-flight maintenance of its spaceflight system vehicles. The company serves private individuals, researchers, and government agencies. Virgin Galactic Holdings, Inc. was founded in 2017 is headquartered in Las Cruces, New Mexico. Virgin Galactic Holdings, Inc. was a former subsidiary of Virgin Orbit Holdings, Inc.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|
| Revenue | 6.80M | 2.31M | 3.29M | 238.00K | 3.78M | 2.85M | 1.75M |
| Cost of Revenue | 50.54M | 1.91M | 272.00K | 173.00K | 2.00M | 1.34M | 488.00K |
| Gross Profit | -43.74M | 406.00K | 3.02M | 65.00K | 1.78M | 1.51M | 1.27M |
| Gross Profit Ratio | -643.21% | 17.56% | 91.74% | 27.31% | 47.00% | 52.83% | 72.18% |
| Research & Development | 295.14M | 314.17M | 149.38M | 158.76M | 132.87M | 116.73M | 93.09M |
| General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 174.86M | 175.12M | 173.18M | 116.59M | 82.17M | 46.30M | 610.63K |
| Other Expenses | 17.77M | 11.10M | 182.00K | 14.00K | 128.00K | 1.34M | 140.00M |
| Operating Expenses | 487.77M | 500.39M | 322.56M | 275.35M | 215.04M | 1.34M | 140.00M |
| Cost & Expenses | 538.31M | 502.30M | 322.83M | 275.52M | 217.04M | 1.34M | 140.00M |
| Interest Income | 42.23M | 12.50M | 1.18M | 2.28M | 2.30M | 12.58M | 0.00 |
| Interest Expense | 12.87M | 12.13M | 26.00K | 36.00K | 36.00K | 10.00K | 0.00 |
| Depreciation & Amortization | 13.37M | 11.10M | 11.52M | 9.78M | 7.00M | 5.81M | 4.55M |
| EBITDA | -475.64M | -476.33M | -341.28M | -635.07M | -206.26M | -132.18M | -134.16M |
| EBITDA Ratio | -6,994.75% | -20,602.34% | -8,303.98% | -110,593.28% | -5,391.11% | -37.67% | -7,981.76% |
| Operating Income | -531.51M | -499.98M | -319.54M | -275.28M | -213.26M | -1.34M | -140.00M |
| Operating Income Ratio | -7,816.31% | -21,625.61% | -9,706.41% | -115,665.55% | -5,640.36% | -47.17% | -7,981.76% |
| Total Other Income/Expenses | 29.63M | 430.00K | -33.29M | -369.60M | 2.39M | 29.19M | 140.04M |
| Income Before Tax | -501.88M | -499.55M | -352.82M | -273.03M | -210.87M | 10.97M | 1.33M |
| Income Before Tax Ratio | -7,380.65% | -21,607.01% | -10,717.50% | -114,718.07% | -5,577.18% | 384.87% | 75.87% |
| Income Tax Expense | 453.00K | 598.00K | 79.00K | 6.00K | 62.00K | -24.62M | 155.00K |
| Net Income | -502.34M | -500.15M | -352.90M | -273.04M | -210.94M | 10.97M | 1.33M |
| Net Income Ratio | -7,387.31% | -21,632.87% | -10,719.90% | -114,720.59% | -5,578.82% | 384.87% | 75.87% |
| EPS | -29.79 | -37.90 | -28.50 | -24.92 | -21.77 | 1.13 | -14.27 |
| EPS Diluted | -29.79 | -37.90 | -28.50 | -24.92 | -21.70 | 1.13 | -14.27 |
| Weighted Avg Shares Out | 16.86M | 13.20M | 12.38M | 10.96M | 9.69M | 9.68M | 9.68M |
| Weighted Avg Shares Out (Dil) | 16.86M | 13.20M | 12.38M | 10.96M | 9.72M | 9.68M | 9.68M |
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