Virgin Galactic Holdings, Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $1.5M | $7.0M | $6.8M | $2.3M | $3.3M | $238.0K | $3.8M |
| Cost of Revenue | — | $72.8M | $90.0M | $50.5M | $1.9M | $272.0K | $173.0K | $2.0M |
| Gross Profit | — | $-71.2M | $-83.0M | $-43.7M | $406.0K | $3.0M | $65.0K | $1.8M |
| Gross Margin | — | -4,613.0% | -1,179.5% | -643.2% | 17.6% | 91.7% | 27.3% | 47.0% |
| Operating Expenses | ||||||||
| Research & Development | — | $80.5M | $152.7M | $295.1M | $314.2M | $144.2M | $154.4M | $132.9M |
| SG&A Expense | — | $117.2M | $125.5M | $174.9M | $175.1M | $166.8M | $111.2M | $82.2M |
| Operating Income | — | $-285.3M | $-376.6M | $-531.5M | $-500.0M | $-319.5M | $-275.3M | $-213.3M |
| Operating Margin | — | -18,480.8% | -5,352.9% | -7,816.3% | -21,625.6% | -9,706.4% | -115,665.5% | -5,640.4% |
| Interest Expense | — | — | — | $12.9M | $12.1M | $25.0K | $36.0K | $36.0K |
| Pretax Income | — | $-278.9M | $-346.7M | $-501.9M | $-499.6M | $-352.8M | $-644.9M | $-215.1M |
| Income Tax Expense | — | $52.0K | $74.0K | $453.0K | $598.0K | $79.0K | $6.0K | $62.0K |
| Net Income | — | $-278.9M | $-346.7M | $-502.3M | $-500.2M | $-352.9M | $-644.9M | $-215.1M |
| Net Margin | — | -18,063.9% | -4,928.1% | -7,387.3% | -21,632.9% | -10,719.9% | -270,960.9% | -5,689.4% |
| EPS (Basic) | — | $-5.44 | $-6.95 | $-14.90 | $-0.95 | $-0.72 | $-1.47 | $-0.56 |
| EPS (Diluted) | — | $-5.44 | $-6.95 | $-14.90 | $-0.95 | $-0.72 | $-1.47 | $-0.56 |
| Shares Outstanding (Basic) | 81.4M | 51.2M | 49.9M | 33.7M | 527.9M | 495.2M | 438.2M | 388.8M |
| Shares Outstanding (Diluted) | 81.4M | 51.2M | 49.9M | 33.7M | 527.9M | 495.2M | 438.2M | 388.8M |
| Dividends Per Share | — | — | — | — | — | — | — | — |