Virgin Galactic Holdings (SPCE) Invested Capital (2017 - 2025)

Virgin Galactic Holdings (SPCE) posted Invested Capital of $598.2 million for Q4 2025, up 164.79% sequentially from $225.9 million in Q3 2025, and down 19.43% YoY from $742.4 million in Q4 2024.

Virgin Galactic Holdings (SPCE) Invested Capital (2017 - 2025) Analysis & Trends

Virgin Galactic Holdings (SPCE) has 9 years of Invested Capital data on file, last reported at $598.2 million in Q4 2025.

  • Quarterly Invested Capital fell 19.43% year-over-year to $598.2 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $598.2 million (down 19.43% YoY) and the FY2025 annual result came in at $598.2 million, down 19.43% from the prior year.
  • Invested Capital improved to $598.2 million in Q4 2025 per SPCE's latest filing, from $225.9 million in the prior quarter.
  • The five-year high for Invested Capital was $969.9 million in Q3 2021, with the low at $225.9 million in Q3 2025.
  • Average Invested Capital over 5 years is $523.4 million, with a median of $484.0 million recorded in 2022.
  • Year-over-year, Invested Capital soared 79.14% in 2022 and tumbled 51.23% in 2023.
  • Virgin Galactic Holdings' Invested Capital stood at $896.9 million in 2021, then slumped by 46.1% to $483.5 million in 2022, then rose by 4.55% to $505.5 million in 2023, then jumped by 46.87% to $742.4 million in 2024, then dropped by 19.43% to $598.2 million in 2025.
  • Business Quant data shows SPCE's Invested Capital at $598.2 million in Q4 2025, $225.9 million in Q3 2025, and $263.4 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Boeing 1,106.33 Bn 1,085.43 Bn 2.55 Bn 52.95 Bn
2 Rtx 258.51 Bn 253.40 Bn 9.08 Bn 68.22 Bn
3 General Dynamics 174.86 Bn 171.21 Bn 9.09 Bn 27.83 Bn
4 Lockheed Martin 119.99 Bn 118.10 Bn 2.08 Bn 7.66 Bn
5 Howmet Aerospace 107.26 Bn 104.82 Bn 854.00 Mn 6.16 Bn
6 TransDigm 76.18 Bn 72.30 Bn 1.51 Bn 21.88 Bn
7 Northrop Grumman 73.88 Bn 71.79 Bn 3.45 Bn 17.12 Bn
8 Rocket Lab 60.59 Bn 59.31 Bn 76.49 Mn 2.30 Bn
9 L3Harris Technologies 54.60 Bn 54.60 Bn 1.40 Bn 21.50 Bn
10 Virgin Galactic Holdings 143.99 Mn 143.99 Mn -17.93 Mn 598.16 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 598.16 Mn
Sep 30, 2025 225.90 Mn
Jun 30, 2025 263.37 Mn
Mar 31, 2025 272.17 Mn
Dec 31, 2024 742.40 Mn
Sep 30, 2024 365.99 Mn
Jun 30, 2024 394.83 Mn
Mar 31, 2024 417.58 Mn
Dec 31, 2023 505.48 Mn
Sep 30, 2023 599.36 Mn
Jun 30, 2023 484.54 Mn
Mar 31, 2023 366.78 Mn
Dec 31, 2022 483.46 Mn
Sep 30, 2022 613.54 Mn
Jun 30, 2022 650.58 Mn
Mar 31, 2022 752.10 Mn
Dec 31, 2021 896.90 Mn
Sep 30, 2021 969.93 Mn
Jun 30, 2021 445.22 Mn
Mar 31, 2021 419.84 Mn