Virgin Galactic Holdings (SPCE) Gross Margin (2018 - 2026)
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 - 2026) Analysis & Trends
Virgin Galactic Holdings has reported Gross Margin for 8 years, with the latest figure 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.
- Over five years, Gross Margin peaked at 98.58% in Q4 2021 and troughed at 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.
- The sharpest annual moves came in 2023 and 2024: Gross Margin jumped 2167 bps in 2023, then sank 385875 bps in 2024.
- Over 5 years, Gross Margin stood at 98.58% in 2021, then sank by 135 bps to 34.52% in 2022, then slumped by 2120 bps to 766.43% in 2023, then sank by 503 bps to 4625.17% in 2024, then fell by 24 bps to 5746.15% in 2025.
- According to Business Quant data, Gross Margin over the past three periods registered 5746.15%, 5241.64%, and 3399.01% for Q4 2025, Q3 2025, and Q2 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 358.52 Bn | 349.17 Bn | 6.95 Bn | 52.07% |
| 2 | Rtx | 287.21 Bn | 278.91 Bn | 9.91 Bn | 40.09% |
| 3 | Boeing | 170.11 Bn | 150.08 Bn | 2.41 Bn | 9.83% |
| 4 | Lockheed Martin | 131.49 Bn | 127.70 Bn | 2.45 Bn | 12.19% |
| 5 | Howmet Aerospace | 109.12 Bn | 108.56 Bn | 951.00 Mn | 37.34% |
| 6 | General Dynamics | 104.21 Bn | 99.88 Bn | 6.76 Bn | 47.94% |
| 7 | Northrop Grumman | 80.06 Bn | 77.76 Bn | 3.72 Bn | 34.21% |
| 8 | TransDigm | 67.85 Bn | 65.08 Bn | 1.63 Bn | 59.39% |
| 9 | L3Harris Technologies | 50.31 Bn | 48.79 Bn | 1.50 Bn | 25.54% |
| 10 | Virgin Galactic Holdings | 341.13 Mn | 341.13 Mn | -28.05 Mn | -20,931.34% |
Historic Data
Download 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% |