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

Virgin Galactic Holdings (SPCE) reported EBT of -$62.7 million for Q4 2025, up 18.12% on a YoY basis from -$53.1 million in Q4 2024, and up 2.69% sequentially from -$64.4 million in Q3 2025.

Virgin Galactic Holdings (SPCE) EBT (2017 - 2025) Analysis & Trends

Virgin Galactic Holdings (SPCE) has 9 years of EBT data on file, last reported at -$62.7 million in Q4 2025.

  • For the quarter ending Q4 2025, EBT rose 18.12% year-over-year to -$62.7 million; the trailing twelve-month figure through Dec 2025 stood at -$278.9 million (up 19.56% YoY), and the FY2025 full-year result was -$278.9 million, up 19.56% from the prior year.
  • EBT climbed to -$62.7 million in Q4 2025, from -$64.4 million in the prior quarter.
  • In the past five years, EBT ranged from a high of -$48.3 million in Q3 2021 to a low of -$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.
  • Across the five-year window, EBT surged 65.6% in 2021 and sank 201.04% in 2022, its largest moves.
  • Tracing SPCE's EBT over 5 years: stood at -$80.8 million in 2021, then plunged by 86.02% to -$150.3 million in 2022, then surged by 30.97% to -$103.7 million in 2023, then grew by 26.21% to -$76.6 million in 2024, then climbed by 18.12% to -$62.7 million in 2025.
  • Business Quant data shows SPCE's EBT at -$62.7 million in Q4 2025, -$64.4 million in Q3 2025, and -$67.3 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 General Electric 369.74 Bn 360.40 Bn -3.10 Bn 2.80 Bn
2 Rtx 286.79 Bn 278.48 Bn 9.91 Bn 2.74 Bn
3 Boeing 168.91 Bn 148.89 Bn 2.41 Bn -365.00 Mn
4 Lockheed Martin 132.03 Bn 128.24 Bn 2.45 Bn 2.18 Bn
5 Howmet Aerospace 111.81 Bn 109.37 Bn 854.00 Mn 708.00 Mn
6 General Dynamics 101.89 Bn 97.56 Bn 6.76 Bn 1.41 Bn
7 Northrop Grumman 75.58 Bn 73.27 Bn 3.72 Bn 1.17 Bn
8 TransDigm 72.49 Bn 68.61 Bn 1.51 Bn 700.00 Mn
9 L3Harris Technologies 50.52 Bn 49.93 Bn 1.40 Bn 589.00 Mn
10 Virgin Galactic Holdings 126.06 Mn 126.06 Mn -17.93 Mn -62.68 Mn

Historic Data

Download Data
DateValue
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
Mar 31, 2021 -129.65 Mn