Virgin Galactic Holdings (SPCE) EBITDA (2017 - 2025)
Virgin Galactic Holdings (SPCE) posted EBITDA of -$62.8 million for Q4 2025, up 2.14% sequentially from -$64.2 million in Q3 2025, and up 18.83% YoY from -$52.9 million in Q4 2024.
Virgin Galactic Holdings (SPCE) EBITDA (2017 - 2025) Analysis & Trends
Virgin Galactic Holdings (SPCE) has 9 years of EBITDA data on file, last reported at -$62.8 million in Q4 2025.
- Quarterly EBITDA rose 18.83% year-over-year to -$62.8 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$279.1 million (up 19.54% YoY) and the FY2025 annual result came in at -$279.1 million, up 19.54% from the prior year.
- EBITDA rose to -$62.8 million in Q4 2025 per SPCE's latest filing, from -$64.2 million in the prior quarter.
- The five-year high for EBITDA was -$48.8 million in Q3 2021, with the low at -$156.2 million in Q1 2023.
- Average EBITDA over 5 years is -$99.0 million, with a median of -$96.5 million recorded in 2021.
- Year-over-year, EBITDA jumped 65.59% in 2021 and tumbled 199.82% in 2022.
- Virgin Galactic Holdings' EBITDA stood at -$82.2 million in 2021, then slumped by 79.63% to -$147.7 million in 2022, then soared by 30.75% to -$102.3 million in 2023, then gained by 24.37% to -$77.4 million in 2024, then advanced by 18.83% to -$62.8 million in 2025.
- Business Quant data shows SPCE's EBITDA at -$62.8 million in Q4 2025, -$64.2 million in Q3 2025, and -$67.4 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Boeing | 1,106.33 Bn | 1,085.43 Bn | 2.55 Bn | 448.00 Mn |
| 2 | Rtx | 258.51 Bn | 253.40 Bn | 9.08 Bn | 2.56 Bn |
| 3 | General Dynamics | 174.86 Bn | 171.21 Bn | 9.09 Bn | 1.42 Bn |
| 4 | Lockheed Martin | 119.99 Bn | 118.10 Bn | 2.08 Bn | 2.06 Bn |
| 5 | Howmet Aerospace | 107.26 Bn | 104.82 Bn | 854.00 Mn | 753.00 Mn |
| 6 | TransDigm | 76.18 Bn | 72.30 Bn | 1.51 Bn | 1.18 Bn |
| 7 | Northrop Grumman | 73.88 Bn | 71.79 Bn | 3.45 Bn | 870.00 Mn |
| 8 | Rocket Lab | 60.59 Bn | 59.31 Bn | 76.49 Mn | -46.03 Mn |
| 9 | L3Harris Technologies | 54.60 Bn | 54.60 Bn | 1.40 Bn | 652.00 Mn |
| 10 | Virgin Galactic Holdings | 143.99 Mn | 143.99 Mn | -17.93 Mn | -62.81 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -62.81 Mn |
| Sep 30, 2025 | -64.18 Mn |
| Jun 30, 2025 | -67.39 Mn |
| Mar 31, 2025 | -84.67 Mn |
| Dec 31, 2024 | -77.38 Mn |
| Sep 30, 2024 | -72.72 Mn |
| Jun 30, 2024 | -93.86 Mn |
| Mar 31, 2024 | -102.88 Mn |
| Dec 31, 2023 | -102.30 Mn |
| Sep 30, 2023 | -103.64 Mn |
| Jun 30, 2023 | -132.45 Mn |
| Mar 31, 2023 | -156.25 Mn |
| Dec 31, 2022 | -147.74 Mn |
| Sep 30, 2022 | -146.32 Mn |
| Jun 30, 2022 | -112.69 Mn |
| Mar 31, 2022 | -98.86 Mn |
| Dec 31, 2021 | -82.25 Mn |
| Sep 30, 2021 | -48.80 Mn |
| Jun 30, 2021 | -94.06 Mn |
| Mar 31, 2021 | -129.67 Mn |