Virgin Galactic Holdings (SPCE) EBITDA (2017 - 2025)
Virgin Galactic Holdings' (SPCE) quarterly EBITDA came in at -$62.8 million in Q4 2025, up 18.83% year-on-year from -$52.9 million in Q4 2024, and up 2.14% quarter-over-quarter from -$64.2 million in Q3 2025.
Virgin Galactic Holdings (SPCE) EBITDA (2017 - 2025) Analysis & Trends
Virgin Galactic Holdings has disclosed EBITDA across 9 years of filings, most recently posting -$62.8 million for Q4 2025.
- EBITDA for Q4 2025 came in at -$62.8 million, up 18.83% year-over-year; the trailing twelve-month figure through Dec 2025 was -$279.1 million (up 19.54% YoY), and the FY2025 annual result was -$279.1 million, up 19.54% from the prior year.
- EBITDA came in at -$62.8 million for Q4 2025 at Virgin Galactic Holdings, up from -$64.2 million in the prior quarter.
- In the past five years, EBITDA ranged from a high of -$48.8 million in Q3 2021 to a low of -$156.2 million in Q1 2023.
- The 5-year median for EBITDA is -$96.5 million (2021), against an average of -$99.0 million.
- Across the five-year window, EBITDA soared 65.59% in 2021 and sank 199.82% in 2022, its largest moves.
- Virgin Galactic Holdings' EBITDA stood at -$82.2 million in 2021, then sank by 79.63% to -$147.7 million in 2022, then soared by 30.75% to -$102.3 million in 2023, then grew by 24.37% to -$77.4 million in 2024, then increased by 18.83% to -$62.8 million in 2025.
- The last three EBITDA figures came in at -$62.8 million (Q4 2025), -$64.2 million (Q3 2025), and -$67.4 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | DEFSEC Technologies | 5,720.56 Bn | 5,720.56 Bn | 456,459.43 | -1.49 Mn |
| 2 | General Electric | 359.38 Bn | 348.64 Bn | 9.11 Bn | -1.07 Bn |
| 3 | Rtx | 248.80 Bn | 243.70 Bn | 9.08 Bn | 2.56 Bn |
| 4 | Boeing | 180.64 Bn | 159.74 Bn | 2.55 Bn | 448.00 Mn |
| 5 | Lockheed Martin | 121.64 Bn | 119.74 Bn | 2.08 Bn | 2.06 Bn |
| 6 | Howmet Aerospace | 108.46 Bn | 106.03 Bn | 854.00 Mn | 753.00 Mn |
| 7 | General Dynamics | 96.96 Bn | 93.31 Bn | 9.09 Bn | 1.42 Bn |
| 8 | Embraer | 95.73 Bn | 93.11 Bn | - | - |
| 9 | Northrop Grumman | 77.30 Bn | 75.21 Bn | 3.45 Bn | 870.00 Mn |
| 10 | Virgin Galactic Holdings | 181.91 Mn | 181.91 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 |