Virgin Galactic Holdings (SPCE) Gross Margin (2018 - 2025)
Virgin Galactic Holdings (SPCE) posted Gross Margin of 5746.15% for Q4 2025, down 9.63% sequentially from 5241.64% in Q3 2025, and down 112098.0% YoY from N/an in Q4 2024.
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.
- Quarterly Gross Margin fell 112098.0% year-over-year to 5746.15% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 4613.02% (down 343354.0% YoY) and the FY2025 annual result came in at 4613.02%, down 343354.0% from the prior year.
- Gross Margin eased to 5746.15% in Q4 2025 per SPCE's latest filing, from 5241.64% in the prior quarter.
- The five-year high for Gross Margin was 98.58% in Q4 2021, with the low at 5746.15% in Q4 2025.
- Average Gross Margin over 5 years is 1656.65%, with a median of 546.64% recorded in 2024.
- Year-over-year, Gross Margin soared 2167 bps in 2023 and tumbled 385875 bps in 2024.
- Virgin Galactic Holdings' Gross Margin 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 retreated 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 | Boeing | 1,106.33 Bn | 1,085.43 Bn | 2.55 Bn | 11.46% |
| 2 | Rtx | 258.51 Bn | 253.40 Bn | 9.08 Bn | 41.11% |
| 3 | General Dynamics | 174.86 Bn | 171.21 Bn | 9.09 Bn | 67.40% |
| 4 | Lockheed Martin | 119.99 Bn | 118.10 Bn | 2.08 Bn | 11.53% |
| 5 | Howmet Aerospace | 107.26 Bn | 104.82 Bn | 854.00 Mn | 36.92% |
| 6 | TransDigm | 76.18 Bn | 72.30 Bn | 1.51 Bn | 59.39% |
| 7 | Northrop Grumman | 73.88 Bn | 71.79 Bn | 3.45 Bn | 34.90% |
| 8 | Rocket Lab | 60.59 Bn | 59.31 Bn | 76.49 Mn | 38.18% |
| 9 | L3Harris Technologies | 54.60 Bn | 54.60 Bn | 1.40 Bn | 24.41% |
| 10 | Virgin Galactic Holdings | 143.99 Mn | 143.99 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% |