Virgin Galactic Holdings SPCE
NYSE SPCE
$2.90 -0.06 (-2.03%)
As of: Sep 10, 2026 · 3:59 PM EDT

Virgin Galactic Holdings (SPCE) Free Cash Flow (2017 - 2025)

Virgin Galactic Holdings' (SPCE) quarterly Free Cash Flow came in at -$94.6 million in Q4 2025, up 18.94% year-over-year from -$79.6 million in Q4 2024, and up 12.21% quarter-over-quarter from -$107.8 million in Q3 2025.

Analysis

Virgin Galactic Holdings (SPCE) Free Cash Flow (2017 - 2025) Analysis & Trends

Virgin Galactic Holdings has disclosed Free Cash Flow across 9 years of filings, most recently posting -$94.6 million for Q4 2025.

  • In Q4 2025, Free Cash Flow rose 18.94% year-over-year to -$94.6 million; the TTM figure through Dec 2025 stood at -$438.2 million (up 7.66% YoY), while the FY2025 annual figure was -$438.2 million, up 7.66% from the prior year.
  • Free Cash Flow came in at -$94.6 million for Q4 2025 at Virgin Galactic Holdings, up from -$107.8 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of -$49.6 million in Q1 2021 to a low of -$138.8 million in Q1 2023.
  • Average Free Cash Flow over 5 years is -$101.9 million, with a median of -$110.7 million recorded in 2024.
  • Year-over-year, Free Cash Flow slumped 104.7% in 2023 and gained 18.94% in 2025.
  • Over 5 years, Free Cash Flow stood at -$67.3 million in 2021, then tumbled by 101.2% to -$135.4 million in 2022, then increased by 16.06% to -$113.7 million in 2023, then fell by 2.7% to -$116.7 million in 2024, then grew by 18.94% to -$94.6 million in 2025.
  • Per Business Quant data, the three most recent Free Cash Flow figures were -$94.6 million in Q4 2025, -$107.8 million in Q3 2025, and -$113.8 million in Q2 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Rocket Lab 39.00 Bn 36.70 Bn 84.58 Mn -110.12 Mn
2 Firefly Aerospace 3.37 Bn 2.56 Bn 23.88 Mn -106.31 Mn
3 Redwire 2.39 Bn 1.83 Bn 32.54 Mn -33.47 Mn
4 Intuitive Machines 2.36 Bn 1.98 Bn 35.87 Mn -80.96 Mn
5 Virgin Galactic Holdings 321.20 Mn 321.20 Mn -28.05 Mn -
6 Sidus Space 170.53 Mn 4.01 Mn -629,723.00 -7.11 Mn
7 Starfighters Space 93.78 Mn 93.78 Mn - -6.10 Mn
8 Momentus 47.19 Mn -60.51 Mn 25,000.00 -9.13 Mn
9 Helio 40.15 Mn 39.69 Mn 122,607.00 -1.03 Mn
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2025 -94.63 Mn
Sep 30, 2025 -107.79 Mn
Jun 30, 2025 -113.81 Mn
Mar 31, 2025 -121.97 Mn
Dec 31, 2024 -116.74 Mn
Sep 30, 2024 -117.97 Mn
Jun 30, 2024 -113.55 Mn
Mar 31, 2024 -126.30 Mn
Dec 31, 2023 -113.68 Mn
Sep 30, 2023 -104.82 Mn
Jun 30, 2023 -135.17 Mn
Mar 31, 2023 -138.84 Mn
Dec 31, 2022 -135.43 Mn
Sep 30, 2022 -102.05 Mn
Jun 30, 2022 -91.43 Mn
Mar 31, 2022 -67.82 Mn
Dec 31, 2021 -67.31 Mn
Sep 30, 2021 -52.97 Mn
Jun 30, 2021 -65.53 Mn
Mar 31, 2021 -49.59 Mn