Virgin Galactic Holdings (SPCE) Gross Margin (2018 - 2025)

Virgin Galactic Holdings has disclosed Gross Margin across 8 years of filings, most recently posting 5746.15% for Q4 2025.

• Gross Margin for Q4 2025 came in at 5746.15%, down 112098.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 4613.02% (down 343354.0% YoY), and the FY2025 annual result was 4613.02%, down 343354.0% from the prior year.
• Gross Margin came in at 5746.15% for Q4 2025 at Virgin Galactic Holdings, down 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.
• The 5-year median for Gross Margin is 546.64% (2024), against an average of 1656.65%.
• Across the five-year window, Gross Margin surged 2167 bps in 2023 and sank 385875 bps in 2024, its largest moves.
• Virgin Galactic Holdings' 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 dropped by 24 bps to 5746.15% in 2025.
• The last three Gross Margin figures came in at 5746.15% (Q4 2025), 5241.64% (Q3 2025), and 3399.01% (Q2 2025), per Business Quant data.