Virgin Galactic Holdings (SPCE) Capital Expenditures (2019 - 2025)
Virgin Galactic Holdings (SPCE) posted Capital Expenditures of $42.15 million for Q4 2025, up 18.0% from $35.71 million a year earlier but down 18.1% from the prior quarter.
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Analysis
Virgin Galactic Holdings (SPCE) Capital Expenditures (2019 - 2025) Analysis & Trends
For FY2025, Virgin Galactic Holdings' Capital Expenditures came in at $198.05 million, up 62.5% from FY2024.
- Annual Capital Expenditures has increased for four consecutive years, with a five-year compound annual growth rate of 63.0% (FY2020 to FY2025).
- In prior years, Virgin Galactic Holdings' Capital Expenditures was $121.86 million in FY2024 (+175.0%), $44.31 million in FY2023 (+168.7%), $16.49 million in FY2022 (+255.7%) and $4.64 million in FY2021 (-73.1%).
- Quarterly Capital Expenditures has run from a low of $805,000 in Q3 2021 to a high of $58.36 million in Q2 2025 over five years.
- On a year-over-year basis, Capital Expenditures has increased in each of the last 16 quarters, with growth averaging 159.9% over the last eight quarters.
- The strongest year-over-year quarter for Capital Expenditures in the past five years was Q3 2022, with growth of 647.0%; the weakest was Q2 2021, with a decline of 86.0%.
- According to Business Quant data, Capital Expenditures for the three prior quarters was $51.48 million (Q3 2025), $58.36 million (Q2 2025) and $46.05 million (Q1 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 330.06 Bn | 284.06 Bn | 4.68 Bn | 335.00 Mn |
| 2 | Rtx | 252.10 Bn | 225.31 Bn | 5.13 Bn | 669.00 Mn |
| 3 | Boeing | 148.40 Bn | 55.10 Bn | 2.41 Bn | 733.00 Mn |
| 4 | Lockheed Martin | 118.20 Bn | 104.92 Bn | 2.45 Bn | 318.00 Mn |
| 5 | Howmet Aerospace | 92.39 Bn | 87.99 Bn | 951.00 Mn | 104.00 Mn |
| 6 | General Dynamics | 89.92 Bn | 77.03 Bn | 2.18 Bn | 234.00 Mn |
| 7 | Motorola Solutions | 73.84 Bn | 70.20 Bn | 1.68 Bn | 55.00 Mn |
| 8 | Northrop Grumman | 71.73 Bn | 60.97 Bn | 2.12 Bn | 302.00 Mn |
| 9 | Honeywell International | 66.60 Bn | 19.04 Bn | 3.65 Bn | 315.00 Mn |
| 10 | Virgin Galactic Holdings | 336.70 Mn | 336.70 Mn | -28.05 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 42.15 Mn |
| Sep 30, 2025 | 51.48 Mn |
| Jun 30, 2025 | 58.36 Mn |
| Mar 31, 2025 | 46.05 Mn |
| Dec 31, 2024 | 35.71 Mn |
| Sep 30, 2024 | 38.66 Mn |
| Jun 30, 2024 | 34.42 Mn |
| Mar 31, 2024 | 13.07 Mn |
| Dec 31, 2023 | 18.37 Mn |
| Sep 30, 2023 | 13.33 Mn |
| Jun 30, 2023 | 9.85 Mn |
| Mar 31, 2023 | 2.77 Mn |
| Dec 31, 2022 | 4.18 Mn |
| Sep 30, 2022 | 6.01 Mn |
| Jun 30, 2022 | 4.52 Mn |
| Mar 31, 2022 | 1.77 Mn |
| Dec 31, 2021 | 2.18 Mn |
| Sep 30, 2021 | 805,000.00 |
| Jun 30, 2021 | 828,000.00 |
| Mar 31, 2021 | 819,000.00 |
API Access
Virgin Galactic Holdings Capital Expenditures 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=capital-expenditures&ticker=SPCE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "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=capital-expenditures&ticker=SPCE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();