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

Virgin Galactic Holdings' (SPCE) quarterly EBT came in at -$62.7 million in Q4 2025, up 18.12% year-on-year from -$53.1 million in Q4 2024, and up 2.69% quarter-over-quarter from -$64.4 million in Q3 2025.

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

Virgin Galactic Holdings has disclosed EBT across 9 years of filings, most recently posting -$62.7 million for Q4 2025.

  • EBT for Q4 2025 came in at -$62.7 million, up 18.12% year-over-year; the trailing twelve-month figure through Dec 2025 was -$278.9 million (up 19.56% YoY), and the FY2025 annual result was -$278.9 million, up 19.56% from the prior year.
  • EBT came in at -$62.7 million for Q4 2025 at Virgin Galactic Holdings, up 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.
  • The 5-year median for EBT is -$93.9 million (2021), against an average of -$99.0 million.
  • Across the five-year window, EBT surged 65.6% in 2021 and tumbled 201.04% in 2022, its largest moves.
  • Virgin Galactic Holdings' EBT stood at -$80.8 million in 2021, then tumbled by 86.02% to -$150.3 million in 2022, then soared by 30.97% to -$103.7 million in 2023, then increased by 26.21% to -$76.6 million in 2024, then grew by 18.12% to -$62.7 million in 2025.
  • The last three EBT figures came in at -$62.7 million (Q4 2025), -$64.4 million (Q3 2025), and -$67.3 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 DEFSEC Technologies 5,720.56 Bn 5,720.56 Bn 456,459.43 -1.39 Mn
2 General Electric 359.38 Bn 348.64 Bn 9.11 Bn 2.20 Bn
3 Rtx 248.80 Bn 243.70 Bn 9.08 Bn 2.52 Bn
4 Boeing 180.64 Bn 159.74 Bn 2.55 Bn 26.00 Mn
5 Lockheed Martin 121.64 Bn 119.74 Bn 2.08 Bn 1.77 Bn
6 Howmet Aerospace 108.46 Bn 106.03 Bn 854.00 Mn 708.00 Mn
7 General Dynamics 96.96 Bn 93.31 Bn 9.09 Bn 1.37 Bn
8 Embraer 95.73 Bn 93.11 Bn - -
9 Northrop Grumman 77.30 Bn 75.21 Bn 3.45 Bn 1.03 Bn
10 Virgin Galactic Holdings 181.91 Mn 181.91 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