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Profile & Fundamentals

Virgin Galactic Profile & Fundamentals

Name: Virgin Galactic financial chart data preview
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Examine company identity, ownership, reported performance, valuation, balance-sheet resilience, dividends, buybacks, and material corporate events.

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Company and Market Context

Company Profile & Ownership

Virgin Galactic Holdings, Inc., an aerospace and space travel company, focuses on the development, manufacture, and operation of spaceships and related technologies. It engages in the design and development, manufacturing, ground and flight testing, spaceflight operation, and post-flight maintenance of spaceflight systems for private individuals, researchers, and government agencies. Virgin Galactic Holdings, Inc. is headquartered in Tustin, California.

Company profile record

Virgin Galactic Holdings Inc

Common Stock · Industrials · Aerospace & Defense

Official website

Company

Company / asset: Virgin Galactic Holdings Inc
Security type: Common Stock
Sector: Industrials
Industry: Aerospace & Defense
HQ: 🇺🇸 United States
Head office: 1700 Flight Way, Tustin, CA, United States, 92782

Leadership & scale

Chief executive: Mr. Michael A. Colglazier
CEO year born: 1967
Full-time employees: 694
Fiscal year end: December
IPO date: 2019-10-28

Fundamentals snapshot

Updated 2026-09-13

Market Cap: USD 340.0M
P/E: --
Revenue (Q2 26): USD 134.0K
Profit (Q2 26): USD -55.9M
Dividend Yield: --
Revenue (FY 25): USD 1.5M
Shares in public float: 150.9M
Insider ownership: 0.39%

Reporting & identifiers

Symbol: SPCE.NYSE
Listing: 🇺🇸 United States | Dividend Tax: 30%
Ticker Currency: USD
Income Statement Currency: USD
Balance Sheet Currency: USD
Cash Flow Currency: USD
EPS Currency: USD
Contract Type: SPOT
ISIN: US85571B1052
Asset ID: equity_d1faf0de-bcdf-5295-8684-9aa04dc9827b

Ownership

Shares Outstanding

Shares outstanding

Annual reported shares outstanding. Values in shares.

Top holders

Stt Strt® SPDR® S&P® Arspc & Dfnc ETF6,078,337 shares · 4.01% · Reported 2026-08-31
Vanguard MStar Total Stk Mkt Idx Invest3,205,804 shares · 2.11% · Reported 2026-07-31
Vanguard Capital Management, LLC2,905,786 shares · 1.92% · Reported 2026-03-31
iShares Russell 2000 ETF2,472,668 shares · 1.63% · Reported 2026-08-31
Millennium Management LLC1,524,672 shares · 1.01% · Reported 2026-06-30
BlackRock Inc1,197,136 shares · 0.79% · Reported 2026-03-31
Vanguard Institutional Extnd Mkt Idx Tr1,159,357 shares · 0.76% · Reported 2026-07-31

View more holders (8)

Fidelity Enhanced Small Cap Core ETF1,154,831 shares · 0.76% · Reported 2026-08-31
Fidelity Small Cap Index1,039,291 shares · 0.69% · Reported 2026-06-30
iShares US Aerospace & Defense ETF1,020,412 shares · 0.67% · Reported 2026-08-31
iShares Russell 2000 Value ETF894,716 shares · 0.59% · Reported 2026-08-31
Geode Capital Management, LLC886,672 shares · 0.58% · Reported 2026-03-31
Honkamp Krueger Financial Services Inc867,718 shares · 0.57% · Reported 2026-06-30
Susquehanna International Group, LLP785,848 shares · 0.52% · Reported 2026-03-31
D. E. Shaw & Co LP741,690 shares · 0.49% · Reported 2026-06-30

Earnings, Profitability & Valuation

Earnings & Revenue

AI Review

The financial health of the company is in a highly critical state, with consensus pointing to a severe and unsustainable cash bleed. The company recently reported almost zero revenue because it retired its older spacecraft to focus entirely on building the new Delta-class fleet. Meanwhile, it is losing hundreds of millions of dollars annually, resulting in a massive cash burn of around ninety million dollars every single quarter. Financial experts agree that this setup is a major warning sign, as the company's remaining cash reserves are rapidly disappearing. While some hope that the new spaceships will eventually bring in high-margin revenue, there is a sharp clash over whether the company can survive long enough to see those profits. Most agree that the current financial path is highly destructive for everyday shareholders, as the company has no choice but to continuously issue new stock to keep operating.

Revenue, Net Income, and Free Cash Flow

Revenue
Free cash flow
Net income

Annual reported financial results, converted using the statement's recorded USD conversion. Missing values are omitted. Values in USD.

Valuation

Historical P/E Ratio

The published data is insufficient to draw this chart.

Profitability & Margins

AI Review

Discussing profitability margins for this company is currently a theoretical exercise, as its profit margins are deeply negative and essentially off the charts. Because the company is in a pre-revenue transition phase, its fixed costs for maintaining spaceports, engineering staff, and safety compliance completely overwhelm its microscopic revenues. Looking ahead, the company's future profitability depends entirely on the unproven Delta-class fleet achieving a very high flight cadence. While the company's high ticket price of seven hundred fifty thousand dollars suggests strong potential pricing power among the ultra-wealthy, high fixed overhead and maintenance costs will likely keep operating margins under severe pressure for years. There is a clear consensus that the company is structurally unprofitable today, with sharp disagreement on whether the unit economics of suborbital spaceflight can ever become truly viable or if the business model is fundamentally flawed.

Profitability Margins

Gross margin
Operating margin
Net margin
Free cash flow margin

Annual gross, operating, net income and free cash flow divided by revenue for matching reporting dates. Values in percent.

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Reported Data Tables — chart preview

The following tables contain the same values as the financial charts above. Monetary values are USD; margins are percentages. Missing inputs are not estimated. Use is subject to the iPulse AI Terms of Service and applicable source rights.

Source: eodhd. Statement snapshots with chart transformations and ratios calculated by iPulse AI. Snapshot retrieved 2026-09-15.

Annual earnings and profitability
Period end	Revenue	Free cash flow	Net income	Gross margin	Operating margin	Net margin	Free cash flow margin
2017-12-31	1,754,000	-6,249,695	1,330,720	72.18	-7,981.76	75.87	-356.31
2018-12-31	2,849,000	-11,736,655	10,965,012	52.83	-47.17	384.87	-411.96
2019-12-31	3,781,000	-222,967,000	-210,935,000	47	-5,640.36	-5,578.82	-5,897.04
2020-12-31	238,000	-250,360,000	-644,887,000	27.31	-115,665.55	-270,960.92	-105,193.28
2021-12-31	3,292,000	-235,398,000	-352,899,000	91.74	-9,706.41	-10,719.9	-7,150.61
2022-12-31	2,312,000	-396,730,000	-500,152,000	17.56	-21,625.61	-21,632.87	-17,159.6
2023-12-31	6,800,000	-492,502,000	-502,337,000	-643.21	-7,816.31	-7,387.31	-7,242.68
2024-12-31	7,036,000	-474,558,000	-346,740,000	-1,179.48	-5,352.89	-4,928.08	-6,744.71
2025-12-31	1,544,000	-438,187,000	-278,907,000	-5,680.7	-18,335.04	-18,063.92	-28,379.99

Shares outstanding — chart values
Reporting date	Shares outstanding
2017-01-01	194,378,200
2018-01-01	9,683,200
2019-01-01	9,826,200
2020-01-01	11,836,100
2021-01-01	12,894,400
2022-01-01	13,745,100
2023-01-01	19,988,300
2024-01-01	30,254,000
2025-01-01	64,232,000
2026-01-01	110,757,000

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