Virgin Galactic Holdings (SPCE) Accumulated Expenses (2018 - 2024)
Virgin Galactic Holdings (SPCE) posted Accumulated Expenses of $63.7 million for Q3 2024, up 18.42% sequentially from $53.8 million in Q2 2024, and up 27.66% YoY from $49.9 million in Q4 2023.
Virgin Galactic Holdings (SPCE) Accumulated Expenses (2018 - 2024) Analysis & Trends
Virgin Galactic Holdings has reported Accumulated Expenses for 7 years, with the latest figure at $63.7 million in Q3 2024.
- Quarterly Accumulated Expenses rose 27.66% year-over-year to $63.7 million in Q3 2024, while the trailing twelve-month figure through Sep 2024 was $63.7 million (up 27.66% YoY) and the FY2023 annual result came in at $55.4 million, down 10.42% from the prior year.
- Accumulated Expenses climbed to $63.7 million in Q3 2024 per SPCE's latest filing, from $53.8 million in the prior quarter.
- Over five years, Accumulated Expenses peaked at $63.7 million in Q3 2024 and troughed at $18.5 million in Q1 2020.
- A 5-year average of $39.4 million and a median of $36.7 million in 2022 frame the typical range for Accumulated Expenses.
- The sharpest annual moves came in 2022 and 2024: Accumulated Expenses surged 114.85% in 2022, then decreased 21.67% in 2024.
- Over 5 years, Accumulated Expenses stood at $23.0 million in 2020, then rose by 25.26% to $28.8 million in 2021, then soared by 114.85% to $61.8 million in 2022, then declined by 10.42% to $55.4 million in 2023, then rose by 14.95% to $63.7 million in 2024.
- According to Business Quant data, Accumulated Expenses over the past three periods registered $63.7 million, $53.8 million, and $46.5 million for Q3 2024, Q2 2024, and Q1 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | General Electric | 362.92 Bn | 353.58 Bn | 6.95 Bn |
| 2 | Rtx | 284.24 Bn | 275.94 Bn | 9.91 Bn |
| 3 | Boeing | 169.32 Bn | 149.30 Bn | 2.41 Bn |
| 4 | Lockheed Martin | 129.93 Bn | 126.14 Bn | 2.45 Bn |
| 5 | Howmet Aerospace | 108.64 Bn | 108.07 Bn | 951.00 Mn |
| 6 | General Dynamics | 103.62 Bn | 99.29 Bn | 6.76 Bn |
| 7 | Northrop Grumman | 78.44 Bn | 76.14 Bn | 3.72 Bn |
| 8 | TransDigm | 69.14 Bn | 66.37 Bn | 1.63 Bn |
| 9 | Axon Enterprise | 50.64 Bn | 49.97 Bn | 546.45 Mn |
| 10 | Virgin Galactic Holdings | 340.73 Mn | 340.73 Mn | -28.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 63.69 Mn |
| Jun 30, 2024 | 53.78 Mn |
| Mar 31, 2024 | 46.53 Mn |
| Dec 31, 2023 | 55.40 Mn |
| Sep 30, 2023 | 49.89 Mn |
| Jun 30, 2023 | 59.12 Mn |
| Mar 31, 2023 | 59.41 Mn |
| Dec 31, 2022 | 61.85 Mn |
| Sep 30, 2022 | 43.39 Mn |
| Jun 30, 2022 | 36.71 Mn |
| Mar 31, 2022 | 30.55 Mn |
| Dec 31, 2021 | 28.79 Mn |
| Sep 30, 2021 | 23.30 Mn |
| Jun 30, 2021 | 24.36 Mn |
| Mar 31, 2021 | 28.35 Mn |
| Dec 31, 2020 | 22.98 Mn |
| Sep 30, 2020 | 22.06 Mn |
| Jun 30, 2020 | 20.81 Mn |
| Mar 31, 2020 | 18.51 Mn |
| Dec 31, 2019 | 22.28 Mn |