Virgin Galactic Holdings (SPCE) Capital Expenditures (2019 - 2025)

Virgin Galactic Holdings (SPCE) posted Capital Expenditures of $42.2 million for Q4 2025, down 18.12% sequentially from $51.5 million in Q3 2025, and up 18.05% YoY from $35.7 million in Q4 2024.

Virgin Galactic Holdings (SPCE) Capital Expenditures (2019 - 2025) Analysis & Trends

Virgin Galactic Holdings (SPCE) has 7 years of Capital Expenditures data on file, last reported at $42.2 million in Q4 2025.

  • Quarterly Capital Expenditures rose 18.05% year-over-year to $42.2 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $198.0 million (up 62.53% YoY) and the FY2025 annual result came in at $198.0 million, up 62.53% from the prior year.
  • Capital Expenditures retreated to $42.2 million in Q4 2025 per SPCE's latest filing, from $51.5 million in the prior quarter.
  • The five-year high for Capital Expenditures was $58.4 million in Q2 2025, with the low at $805000.0 in Q3 2021.
  • Average Capital Expenditures over 5 years is $19.3 million, with a median of $11.5 million recorded in 2023.
  • Year-over-year, Capital Expenditures plunged 85.98% in 2021 and jumped 646.96% in 2022.
  • Virgin Galactic Holdings' Capital Expenditures stood at $2.2 million in 2021, then jumped by 91.62% to $4.2 million in 2022, then surged by 339.11% to $18.4 million in 2023, then surged by 94.41% to $35.7 million in 2024, then gained by 18.05% to $42.2 million in 2025.
  • Business Quant data shows SPCE's Capital Expenditures at $42.2 million in Q4 2025, $51.5 million in Q3 2025, and $58.4 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capex (Qtr)
1 Boeing 1,106.33 Bn 1,085.43 Bn 2.55 Bn 1.28 Bn
2 Rtx 258.51 Bn 253.40 Bn 9.08 Bn 546.00 Mn
3 General Dynamics 174.86 Bn 171.21 Bn 9.09 Bn 203.00 Mn
4 Lockheed Martin 119.99 Bn 118.10 Bn 2.08 Bn 511.00 Mn
5 Howmet Aerospace 107.26 Bn 104.82 Bn 854.00 Mn 94.00 Mn
6 TransDigm 76.18 Bn 72.30 Bn 1.51 Bn 71.00 Mn
7 Northrop Grumman 73.88 Bn 71.79 Bn 3.45 Bn 167.00 Mn
8 Rocket Lab 60.59 Bn 59.31 Bn 76.49 Mn 21.13 Mn
9 L3Harris Technologies 54.60 Bn 54.60 Bn 1.40 Bn 99.00 Mn
10 Virgin Galactic Holdings 143.99 Mn 143.99 Mn -17.93 Mn 42.15 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 42.15 Mn
Dec 31, 2025 42.15 Mn
Sep 30, 2025 51.48 Mn
Sep 30, 2025 51.48 Mn
Jun 30, 2025 58.36 Mn
Jun 30, 2025 58.36 Mn
Mar 31, 2025 46.05 Mn
Mar 31, 2025 46.05 Mn
Dec 31, 2024 35.71 Mn
Dec 31, 2024 35.71 Mn
Sep 30, 2024 38.66 Mn
Sep 30, 2024 38.66 Mn
Jun 30, 2024 34.42 Mn
Jun 30, 2024 34.42 Mn
Mar 31, 2024 13.07 Mn
Mar 31, 2024 13.07 Mn
Dec 31, 2023 18.37 Mn
Dec 31, 2023 18.37 Mn
Sep 30, 2023 13.33 Mn
Sep 30, 2023 13.33 Mn