Virgin Galactic Holdings (SPCE) EBITDA (2017 - 2026)
Virgin Galactic Holdings (SPCE) posted EBITDA of -$60.8 million for Q4 2025, up 8.13% sequentially from -$66.2 million in Q3 2025, and up 25.83% YoY from -$48.3 million in Q4 2024.
Virgin Galactic Holdings (SPCE) EBITDA (2017 - 2026) Analysis & Trends
Virgin Galactic Holdings has reported EBITDA for 9 years, with the latest figure at -$60.8 million in Q4 2025.
- Quarterly EBITDA rose 25.83% year-over-year to -$60.8 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$285.3 million (up 24.24% YoY) and the FY2025 annual result came in at -$285.3 million, up 24.24% from the prior year.
- EBITDA grew to -$60.8 million in Q4 2025 per SPCE's latest filing, from -$66.2 million in the prior quarter.
- Over five years, EBITDA peaked at -$60.8 million in Q4 2025 and troughed at -$163.4 million in Q1 2023.
- A 5-year average of -$100.6 million and a median of -$89.9 million in 2022 frame the typical range for EBITDA.
- The sharpest annual moves came in 2022 and 2024: EBITDA slumped 88.62% in 2022, then jumped 31.97% in 2024.
- Over 5 years, EBITDA stood at -$81.3 million in 2021, then plunged by 88.62% to -$153.3 million in 2022, then increased by 25.47% to -$114.3 million in 2023, then grew by 28.28% to -$82.0 million in 2024, then increased by 25.83% to -$60.8 million in 2025.
- According to Business Quant data, EBITDA over the past three periods registered -$60.8 million, -$66.2 million, and -$69.9 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 358.52 Bn | 349.17 Bn | 6.95 Bn | -3.91 Bn |
| 2 | Rtx | 287.21 Bn | 278.91 Bn | 9.91 Bn | 2.81 Bn |
| 3 | Boeing | 170.11 Bn | 150.08 Bn | 2.41 Bn | 156.00 Mn |
| 4 | Lockheed Martin | 131.49 Bn | 127.70 Bn | 2.45 Bn | 2.48 Bn |
| 5 | Howmet Aerospace | 109.12 Bn | 108.56 Bn | 951.00 Mn | 711.00 Mn |
| 6 | General Dynamics | 104.21 Bn | 99.88 Bn | 6.76 Bn | 1.46 Bn |
| 7 | Northrop Grumman | 80.06 Bn | 77.76 Bn | 3.72 Bn | 1.10 Bn |
| 8 | TransDigm | 67.85 Bn | 65.08 Bn | 1.63 Bn | 1.23 Bn |
| 9 | L3Harris Technologies | 50.31 Bn | 48.79 Bn | 1.50 Bn | 654.00 Mn |
| 10 | Virgin Galactic Holdings | 341.13 Mn | 341.13 Mn | -28.05 Mn | -64.93 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -64.93 Mn |
| Dec 31, 2025 | -60.79 Mn |
| Sep 30, 2025 | -66.17 Mn |
| Jun 30, 2025 | -69.94 Mn |
| Mar 31, 2025 | -88.45 Mn |
| Dec 31, 2024 | -81.95 Mn |
| Sep 30, 2024 | -81.73 Mn |
| Jun 30, 2024 | -101.79 Mn |
| Mar 31, 2024 | -111.16 Mn |
| Dec 31, 2023 | -114.27 Mn |
| Sep 30, 2023 | -114.27 Mn |
| Jun 30, 2023 | -139.57 Mn |
| Mar 31, 2023 | -163.41 Mn |
| Dec 31, 2022 | -153.31 Mn |
| Sep 30, 2022 | -145.56 Mn |
| Jun 30, 2022 | -109.72 Mn |
| Mar 31, 2022 | -91.39 Mn |
| Dec 31, 2021 | -81.28 Mn |
| Sep 30, 2021 | -83.08 Mn |
| Jun 30, 2021 | -73.90 Mn |