Virgin Galactic Holdings (SPCE) Accumulated Expenses (2018 - 2024)
Virgin Galactic Holdings (SPCE) reported Accumulated Expenses of $63.69 million for Q3 2024, up 27.7% from $49.89 million a year earlier and up 18.4% from the prior quarter.
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Analysis
Virgin Galactic Holdings (SPCE) Accumulated Expenses (2018 - 2024) Analysis & Trends
At the end of FY2023, Virgin Galactic Holdings posted Accumulated Expenses of $55.4 million, down 10.4% from FY2022.
- Accumulated Expenses has a five-year compound annual growth rate of 25.0% (FY2018 to FY2023).
- By year, Accumulated Expenses came in at $61.85 million in FY2022 (+114.8%), $28.79 million in FY2021 (+25.3%), $22.98 million in FY2020 (+3.2%) and $22.28 million in FY2019 (+22.6%).
- The Q3 2024 figure ranks as the highest quarterly Accumulated Expenses in data going back to Q4 2018.
- Year over year, Accumulated Expenses gained in five of the last eight quarters, with growth averaging 34.0%.
- The high point for year-over-year Accumulated Expenses in five years was Q4 2022 (growth of 114.8%); the low point was Q1 2024 (a decline of 21.7%).
- Per Business Quant data, the three quarters before Q3 2024 came in at $53.78 million (Q2 2024), $46.53 million (Q1 2024) and $55.4 million (Q4 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | General Electric | 324.09 Bn | 278.09 Bn | 4.68 Bn |
| 2 | Rtx | 250.22 Bn | 223.44 Bn | 5.13 Bn |
| 3 | Boeing | 147.08 Bn | 53.78 Bn | 2.41 Bn |
| 4 | Lockheed Martin | 117.51 Bn | 104.24 Bn | 2.45 Bn |
| 5 | Howmet Aerospace | 90.46 Bn | 86.07 Bn | 951.00 Mn |
| 6 | General Dynamics | 89.77 Bn | 76.88 Bn | 2.18 Bn |
| 7 | Motorola Solutions | 73.88 Bn | 70.24 Bn | 1.68 Bn |
| 8 | Northrop Grumman | 68.68 Bn | 57.92 Bn | 2.12 Bn |
| 9 | Honeywell International | 66.86 Bn | 19.30 Bn | 3.65 Bn |
| 10 | Virgin Galactic Holdings | 331.16 Mn | 331.16 Mn | -28.05 Mn |
Historic Data
Download Data
Historic 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 |
API Access
Virgin Galactic Holdings Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=SPCE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "SPCE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=SPCE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();