Virgin Galactic Holdings (SPCE) EBITDA (2017 - 2025)

Virgin Galactic Holdings recorded quarterly EBITDA of -$62.8 million in Q4 2025, up 2.14% quarter-over-quarter from -$64.2 million in Q3 2025, and up 18.83% year-over-year from -$52.9 million in Q4 2024.

Virgin Galactic Holdings' EBITDA history runs 9 years deep, the most recent figure standing at -$62.8 million for Q4 2025.

  • In Q4 2025, EBITDA rose 18.83% year-over-year to -$62.8 million; the TTM figure through Dec 2025 stood at -$279.1 million (up 19.54% YoY), while the FY2025 annual figure 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.
  • A 5-year average of -$99.0 million and a median of -$96.5 million in 2021 frame the typical range for EBITDA.
  • Across the five-year window, EBITDA jumped 65.59% in 2021 and plunged 199.82% in 2022, its largest moves.
  • Virgin Galactic Holdings' EBITDA stood at -$82.2 million in 2021, then plunged by 79.63% to -$147.7 million in 2022, then jumped by 30.75% to -$102.3 million in 2023, then increased by 24.37% to -$77.4 million in 2024, then rose by 18.83% to -$62.8 million in 2025.
  • According to Business Quant data, EBITDA over the past three periods registered -$62.8 million, -$64.2 million, and -$67.4 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 General Electric 316.77 Bn 306.03 Bn 9.11 Bn -1.07 Bn
2 Rtx 238.61 Bn 233.51 Bn 9.08 Bn 2.56 Bn
3 Boeing 172.59 Bn 151.68 Bn 2.55 Bn 448.00 Mn
4 Lockheed Martin 122.59 Bn 120.70 Bn 2.08 Bn 2.06 Bn
5 Howmet Aerospace 102.88 Bn 100.44 Bn 854.00 Mn 753.00 Mn
6 General Dynamics 92.64 Bn 88.99 Bn 9.09 Bn 1.42 Bn
7 Rocket Lab 82.19 Bn 80.92 Bn 76.49 Mn -46.03 Mn
8 Northrop Grumman 78.95 Bn 76.86 Bn 3.45 Bn 870.00 Mn
9 TransDigm 70.63 Bn 66.75 Bn 1.51 Bn 1.18 Bn
10 Virgin Galactic Holdings 166.02 Mn 166.02 Mn -17.93 Mn -62.81 Mn

Historic Data

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DateValue
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
Dec 31, 2020 -104.16 Mn
Sep 30, 2020 -92.01 Mn
Jun 30, 2020 -71.97 Mn
Mar 31, 2020 -376.88 Mn
Dec 31, 2019 -76.92 Mn
Sep 30, 2019 -51.53 Mn
Jun 30, 2019 -44.10 Mn
Mar 31, 2019 -42.58 Mn
Dec 31, 2018 -165.97 Mn
Sep 30, 2018 -224,827.00
Jun 30, 2018 -525,012.00
Mar 31, 2018 -466,305.00
Dec 31, 2017 -610,631.00
Sep 30, 2017 -265,350.00
Jun 30, 2017 -5,406.00