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
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