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 has reported Capital Expenditures for 7 years, with the latest figure 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.
- Over five years, Capital Expenditures peaked at $58.4 million in Q2 2025 and troughed at $805000.0 in Q3 2021.
- A 5-year average of $19.3 million and a median of $11.5 million in 2023 frame the typical range for Capital Expenditures.
- The sharpest annual moves came in 2021 and 2022: Capital Expenditures slumped 85.98% in 2021, then surged 646.96% in 2022.
- Over 5 years, Capital Expenditures stood at $2.2 million in 2021, then soared by 91.62% to $4.2 million in 2022, then jumped by 339.11% to $18.4 million in 2023, then jumped by 94.41% to $35.7 million in 2024, then rose by 18.05% to $42.2 million in 2025.
- According to Business Quant data, Capital Expenditures over the past three periods registered $42.2 million, $51.5 million, and $58.4 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 363.91 Bn | 354.56 Bn | 6.95 Bn | 335.00 Mn |
| 2 | Rtx | 284.69 Bn | 276.39 Bn | 9.91 Bn | 669.00 Mn |
| 3 | Boeing | 168.68 Bn | 148.66 Bn | 2.41 Bn | 733.00 Mn |
| 4 | Lockheed Martin | 130.45 Bn | 126.66 Bn | 2.45 Bn | 318.00 Mn |
| 5 | Howmet Aerospace | 109.01 Bn | 108.45 Bn | 951.00 Mn | 104.00 Mn |
| 6 | General Dynamics | 103.38 Bn | 99.04 Bn | 6.76 Bn | 234.00 Mn |
| 7 | Northrop Grumman | 78.42 Bn | 76.12 Bn | 3.72 Bn | 302.00 Mn |
| 8 | TransDigm | 68.57 Bn | 65.79 Bn | 1.63 Bn | 74.00 Mn |
| 9 | Axon Enterprise | 51.18 Bn | 50.51 Bn | 546.45 Mn | 21.05 Mn |
| 10 | Virgin Galactic Holdings | 343.90 Mn | 343.90 Mn | -28.05 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |