Virgin Galactic Holdings, Inc (SPCE) Gross Margin (2018 - 2026)
Virgin Galactic Holdings' Gross Margin was -20931.34% in Q2 2026, down 17532.33 percentage points from -3399.01% a year earlier.
Virgin Galactic Holdings, Inc (SPCE) Gross Margin (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, Virgin Galactic Holdings' Gross Margin was -6483.81% through Jun 30, 2026, down 2156.43 percentage points year-over-year; for FY2025, it was -4613.02%, down 3433.54 percentage points from FY2024.
- Gross Margin has now declined for four consecutive years, with a five-year change of -4640.33 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was -1179.48% in FY2024 (-536.27 pp), -643.21% in FY2023 (-660.77 pp), 17.56% in FY2022 (-74.18 pp) and 91.74% in FY2021 (+64.43 pp).
- The Q2 2026 figure marks the lowest quarterly Gross Margin in data going back to Q1 2018.
- The best year-over-year quarter for Gross Margin over five years was Q2 2023 (a gain of 21.67 percentage points); the worst was Q2 2026 (a drop of 17532.33 percentage points).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -20,931.34% |
| 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% |
Virgin Galactic Holdings, Inc Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=SPCE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "SPCE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=SPCE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();