Virgin Galactic Holdings (SPCE) EBT (2017 - 2026)
Virgin Galactic Holdings (SPCE) posted EBT of -$62.7 million for Q4 2025, up 2.69% sequentially from -$64.4 million in Q3 2025, and up 18.12% YoY from -$53.1 million in Q4 2024.
Virgin Galactic Holdings (SPCE) EBT (2017 - 2026) Analysis & Trends
Virgin Galactic Holdings has reported EBT for 9 years, with the latest figure at -$62.7 million in Q4 2025.
- Quarterly EBT rose 18.12% year-over-year to -$62.7 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$278.9 million (up 19.56% YoY) and the FY2025 annual result came in at -$278.9 million, up 19.56% from the prior year.
- EBT climbed to -$62.7 million in Q4 2025 per SPCE's latest filing, from -$64.4 million in the prior quarter.
- Over five years, EBT peaked at -$48.3 million in Q3 2021 and troughed at -$159.3 million in Q1 2023.
- A 5-year average of -$99.0 million and a median of -$93.9 million in 2021 frame the typical range for EBT.
- The sharpest annual moves came in 2021 and 2022: EBT jumped 65.6% in 2021, then tumbled 201.04% in 2022.
- Over 5 years, EBT stood at -$80.8 million in 2021, then tumbled by 86.02% to -$150.3 million in 2022, then surged by 30.97% to -$103.7 million in 2023, then gained by 26.21% to -$76.6 million in 2024, then rose by 18.12% to -$62.7 million in 2025.
- According to Business Quant data, EBT over the past three periods registered -$62.7 million, -$64.4 million, and -$67.3 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 358.52 Bn | 349.17 Bn | 6.95 Bn | 2.80 Bn |
| 2 | Rtx | 287.21 Bn | 278.91 Bn | 9.91 Bn | 2.74 Bn |
| 3 | Boeing | 170.11 Bn | 150.08 Bn | 2.41 Bn | -365.00 Mn |
| 4 | Lockheed Martin | 131.49 Bn | 127.70 Bn | 2.45 Bn | 2.18 Bn |
| 5 | Howmet Aerospace | 109.12 Bn | 108.56 Bn | 951.00 Mn | 649.00 Mn |
| 6 | General Dynamics | 104.21 Bn | 99.88 Bn | 6.76 Bn | 1.41 Bn |
| 7 | Northrop Grumman | 80.06 Bn | 77.76 Bn | 3.72 Bn | 1.17 Bn |
| 8 | TransDigm | 67.85 Bn | 65.08 Bn | 1.63 Bn | 713.00 Mn |
| 9 | L3Harris Technologies | 50.31 Bn | 48.79 Bn | 1.50 Bn | 710.00 Mn |
| 10 | Virgin Galactic Holdings | 341.13 Mn | 341.13 Mn | -28.05 Mn | -55.86 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -55.86 Mn |
| Dec 31, 2025 | -62.68 Mn |
| Sep 30, 2025 | -64.42 Mn |
| Jun 30, 2025 | -67.32 Mn |
| Mar 31, 2025 | -84.44 Mn |
| Dec 31, 2024 | -76.56 Mn |
| Sep 30, 2024 | -74.44 Mn |
| Jun 30, 2024 | -93.74 Mn |
| Mar 31, 2024 | -101.93 Mn |
| Dec 31, 2023 | -103.75 Mn |
| Sep 30, 2023 | -104.55 Mn |
| Jun 30, 2023 | -134.33 Mn |
| Mar 31, 2023 | -159.26 Mn |
| Dec 31, 2022 | -150.29 Mn |
| Sep 30, 2022 | -145.53 Mn |
| Jun 30, 2022 | -110.70 Mn |
| Mar 31, 2022 | -93.03 Mn |
| Dec 31, 2021 | -80.79 Mn |
| Sep 30, 2021 | -48.34 Mn |
| Jun 30, 2021 | -94.03 Mn |