Virgin Galactic Holdings, Inc. (SPCE)

Virgin Galactic Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	7.04	6.8	2.31	3.29	0.24
Revenue Growth (YoY)	3.47%	194.12%	-29.77%	1283.19%	-93.70%
Cost of Revenue	90.02	50.54	1.91	0.27	0.17
Gross Profit	-82.99	-43.74	0.41	3.02	0.07
Selling, General & Admin	125.5	174.86	175.12	166.81	111.2
Research & Development	152.68	295.14	314.17	144.22	154.37
Operating Expenses	293.64	483.37	500.39	322.56	275.35
Operating Income	-376.63	-527.11	-499.98	-319.54	-275.28
Interest Expense	-12.93	-12.87	-12.13	-0.03	-0.04
Interest & Investment Income	42.35	42.23	12.5	1.21	2.28
Other Non Operating Income (Expenses)	0.54	0.26	0.06	-34.47	-371.84
EBT Excluding Unusual Items	-346.67	-497.49	-499.55	-352.82	-644.88
Merger & Restructuring Charges	-	-4.4	-	-	-
Pretax Income	-346.67	-501.88	-499.55	-352.82	-644.88
Income Tax Expense	0.07	0.45	0.6	0.08	0.01
Net Income	-346.74	-502.34	-500.15	-352.9	-644.89
Net Income to Common	-346.74	-502.34	-500.15	-352.9	-644.89
Shares Outstanding (Basic)	25	17	13	12	11
Shares Outstanding (Diluted)	25	17	13	12	11
Shares Change (YoY)	47.99%	27.78%	6.59%	13.01%	12.72%
EPS (Basic)	-13.89	-29.79	-37.90	-28.50	-58.86
EPS (Diluted)	-13.89	-29.79	-37.90	-28.50	-58.86
Free Cash Flow	-474.56	-492.5	-396.73	-235.4	-250.36
Free Cash Flow Per Share	-19.02	-29.21	-30.06	-19.01	-22.85
Gross Margin	-	-	17.56%	91.74%	27.31%
Operating Margin	-5352.89%	-7751.63%	-21625.61%	-9706.41%	-115665.55%
Profit Margin	-4928.08%	-7387.31%	-21632.87%	-10719.90%	-270960.92%
Free Cash Flow Margin	-6744.71%	-7242.68%	-17159.60%	-7150.61%	-105193.28%
EBITDA	-361.16	-513.74	-488.89	-308.02	-266.8
D&A For EBITDA	15.47	13.37	11.1	11.52	8.48
EBIT	-376.63	-527.11	-499.98	-319.54	-275.28

Updated Feb 26, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q