# Virgin Galactic Holdings Inc. (SPCE)

**Exchange:** NYSE  
**Sector:** Industrials  
**Market cap:** $296M  
**Price:** $5.79 (+22.82%)

> Virgin Galactic Holdings Inc. is an aerospace and space travel company focused on providing human spaceflight experiences for private individuals and researchers. The company designs, manufactures, and operates advanced air and space vehicles, using a vertically integrated model that spans engineering, production, ground and flight testing, and spaceflight operations. Its spaceflight system is designed to offer customers a multi-day experience that culminates in a suborbital flight, including views of Earth from space and several minutes of weightlessness, typically conducted from Spaceport America in New Mexico. Virgin Galactic also serves institutional and scientific clients by enabling research payloads in microgravity environments. Headquartered in Tustin, California, and founded in 2017, the company operates within the aerospace and defense sector, targeting the emerging commercial space tourism and space-based research markets. Through its specialized services and proprietary vehicles, Virgin Galactic plays a role in the broader commercialization of space access for non-professional astronauts.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $2M | -$71M | -$285M | -$279M | — |
| 2024 | $7M | -$83M | -$377M | -$347M | — |
| 2023 | $7M | -$44M | -$532M | -$502M | — |
| 2022 | $2M | $406,000 | -$500M | -$500M | — |
| 2021 | $3M | $3M | -$320M | -$353M | — |
| 2020 | $238,000 | $65,000 | -$275M | -$645M | — |
| 2019 | $4M | $2M | -$213M | -$215M | — |
| 2018 | $3M | $2M | -$167M | -$138M | — |
| 2017 | $2M | $1M | -$139M | -$138M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $803M | $529M | $274M | $145M | $324M |
| 2024 | $961M | $639M | $322M | $179M | $420M |
| 2023 | $1.18B | $674M | $505M | $217M | — |
| 2022 | $1.14B | $660M | $480M | $302M | — |
| 2021 | $1.07B | $175M | $894M | $524M | $310,000 |
| 2020 | $804M | $277M | $527M | $666M | $620,000 |
| 2019 | $606M | $262M | $343M | $480M | — |
| 2018 | $156M | $114M | $42M | $74M | — |
| 2017 | $694M | $25M | $23M | $75M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | -$240M | $198M | -$438M |
| 2024 | -$353M | $122M | -$475M |
| 2023 | -$448M | $44M | -$493M |
| 2022 | -$380M | $16M | -$397M |
| 2021 | -$231M | $5M | -$235M |
| 2020 | -$233M | $17M | -$250M |
| 2019 | -$209M | $14M | -$223M |
| 2018 | -$146M | $11M | -$156M |
| 2017 | -$137M | $6M | -$142M |

Source: [CompaniesByCap](https://companiesbycap.com/company/SPCE)