Virgin Galactic Holdings (SPCE) Accumulated Expenses (2018 - 2024)
Virgin Galactic Holdings (SPCE) reported Accumulated Expenses of $63.7 million for Q3 2024, up 27.66% on a YoY basis from $49.9 million in Q4 2023, and up 18.42% sequentially from $53.8 million in Q2 2024.
Virgin Galactic Holdings (SPCE) Accumulated Expenses (2018 - 2024) Analysis & Trends
Virgin Galactic Holdings (SPCE) has 7 years of Accumulated Expenses data on file, last reported at $63.7 million in Q3 2024.
- For the quarter ending Q3 2024, Accumulated Expenses rose 27.66% year-over-year to $63.7 million; the trailing twelve-month figure through Sep 2024 stood at $63.7 million (up 27.66% YoY), and the FY2023 full-year result was $55.4 million, down 10.42% from the prior year.
- Accumulated Expenses climbed to $63.7 million in Q3 2024, from $53.8 million in the prior quarter.
- In the past five years, Accumulated Expenses ranged from a high of $63.7 million in Q3 2024 to a low of $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.
- Across the five-year window, Accumulated Expenses soared 114.85% in 2022 and fell 21.67% in 2024, its largest moves.
- Tracing SPCE's Accumulated Expenses over 5 years: stood at $23.0 million in 2020, then climbed by 25.26% to $28.8 million in 2021, then soared by 114.85% to $61.8 million in 2022, then decreased by 10.42% to $55.4 million in 2023, then climbed by 14.95% to $63.7 million in 2024.
- Business Quant data shows SPCE's Accumulated Expenses at $63.7 million in Q3 2024, $53.8 million in Q2 2024, and $46.5 million in Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | General Electric | 375.88 Bn | 366.54 Bn | -3.10 Bn |
| 2 | Rtx | 290.44 Bn | 282.14 Bn | 9.91 Bn |
| 3 | Boeing | 170.34 Bn | 150.32 Bn | 2.41 Bn |
| 4 | Lockheed Martin | 133.47 Bn | 129.67 Bn | 2.45 Bn |
| 5 | Howmet Aerospace | 113.92 Bn | 111.48 Bn | 854.00 Mn |
| 6 | General Dynamics | 103.44 Bn | 99.11 Bn | 6.76 Bn |
| 7 | Northrop Grumman | 77.10 Bn | 74.80 Bn | 3.72 Bn |
| 8 | TransDigm | 73.27 Bn | 69.39 Bn | 1.51 Bn |
| 9 | L3Harris Technologies | 51.92 Bn | 51.33 Bn | 1.40 Bn |
| 10 | Virgin Galactic Holdings | 127.85 Mn | 127.85 Mn | -17.93 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 |