Virgin Galactic Holdings (SPCE) Gross Margin (2018 - 2025)
Virgin Galactic Holdings (SPCE) reported Gross Margin of 5746.15% for Q4 2025, down 112098.0% on a YoY basis from N/an in Q4 2024, and down 9.63% sequentially from 5241.64% in Q3 2025.
Virgin Galactic Holdings (SPCE) Gross Margin (2018 - 2025) Analysis & Trends
Virgin Galactic Holdings (SPCE) has 8 years of Gross Margin data on file, last reported at 5746.15% in Q4 2025.
- For the quarter ending Q4 2025, Gross Margin fell 112098.0% year-over-year to 5746.15%; the trailing twelve-month figure through Dec 2025 stood at 4613.02% (down 343354.0% YoY), and the FY2025 full-year result was 4613.02%, down 343354.0% from the prior year.
- Gross Margin eased to 5746.15% in Q4 2025, from 5241.64% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 98.58% in Q4 2021 to a low of 5746.15% in Q4 2025.
- A 5-year average of 1656.65% and a median of 546.64% in 2024 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin surged 2167 bps in 2023 and tumbled 385875 bps in 2024, its largest moves.
- Tracing SPCE's Gross Margin over 5 years: stood at 98.58% in 2021, then slumped by 135 bps to 34.52% in 2022, then tumbled by 2120 bps to 766.43% in 2023, then slumped by 503 bps to 4625.17% in 2024, then slipped by 24 bps to 5746.15% in 2025.
- Business Quant data shows SPCE's Gross Margin at 5746.15% in Q4 2025, 5241.64% in Q3 2025, and 3399.01% in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 375.76 Bn | 366.42 Bn | -3.10 Bn | -433.85% |
| 2 | Rtx | 290.54 Bn | 282.23 Bn | 9.91 Bn | 40.09% |
| 3 | Boeing | 170.29 Bn | 150.27 Bn | 2.41 Bn | 9.83% |
| 4 | Lockheed Martin | 133.52 Bn | 129.73 Bn | 2.45 Bn | 12.19% |
| 5 | Howmet Aerospace | 113.70 Bn | 111.26 Bn | 854.00 Mn | 36.92% |
| 6 | General Dynamics | 103.50 Bn | 99.17 Bn | 6.76 Bn | 47.94% |
| 7 | Northrop Grumman | 76.72 Bn | 74.42 Bn | 3.72 Bn | 34.21% |
| 8 | TransDigm | 73.38 Bn | 69.50 Bn | 1.51 Bn | 59.39% |
| 9 | L3Harris Technologies | 51.84 Bn | 51.25 Bn | 1.40 Bn | 24.41% |
| 10 | Virgin Galactic Holdings | 127.08 Mn | 127.08 Mn | -17.93 Mn | -5,746.15% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -5,746.15% |
| Sep 30, 2025 | -5,241.64% |
| Jun 30, 2025 | -3,399.01% |
| Mar 31, 2025 | -4,417.57% |
| Dec 31, 2024 | -4,625.17% |
| Sep 30, 2024 | -4,843.78% |
| Jun 30, 2024 | -546.64% |
| Mar 31, 2024 | -1,038.09% |
| Dec 31, 2023 | -766.43% |
| Sep 30, 2023 | -1,384.26% |
| Jun 30, 2023 | 87.49% |
| Mar 31, 2023 | 18.88% |
| Dec 31, 2022 | -34.52% |
| Sep 30, 2022 | 23.08% |
| Jun 30, 2022 | 65.83% |
| Mar 31, 2022 | 92.16% |
| Dec 31, 2021 | 98.58% |
| Sep 30, 2021 | 91.98% |
| Jun 30, 2021 | 88.97% |
| Mar 31, 2020 | 27.31% |