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

Virgin Galactic Holdings' (SPCE) quarterly Invested Capital came in at $598.2 million in Q4 2025, down 19.43% year-on-year from $742.4 million in Q4 2024, and up 164.79% quarter-over-quarter from $225.9 million in Q3 2025.

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

Virgin Galactic Holdings has disclosed Invested Capital across 9 years of filings, most recently posting $598.2 million for Q4 2025.

  • Invested Capital for Q4 2025 came in at $598.2 million, down 19.43% year-over-year; the trailing twelve-month figure through Dec 2025 was $598.2 million (down 19.43% YoY), and the FY2025 annual result was $598.2 million, down 19.43% from the prior year.
  • Invested Capital came in at $598.2 million for Q4 2025 at Virgin Galactic Holdings, up from $225.9 million in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $969.9 million in Q3 2021 to a low of $225.9 million in Q3 2025.
  • The 5-year median for Invested Capital is $484.0 million (2022), against an average of $523.4 million.
  • Across the five-year window, Invested Capital surged 79.14% in 2022 and sank 51.23% in 2023, its largest moves.
  • Virgin Galactic Holdings' Invested Capital stood at $896.9 million in 2021, then sank by 46.1% to $483.5 million in 2022, then climbed by 4.55% to $505.5 million in 2023, then jumped by 46.87% to $742.4 million in 2024, then retreated by 19.43% to $598.2 million in 2025.
  • The last three Invested Capital figures came in at $598.2 million (Q4 2025), $225.9 million (Q3 2025), and $263.4 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 DEFSEC Technologies 5,720.56 Bn 5,720.56 Bn 456,459.43 -
2 General Electric 359.38 Bn 348.64 Bn 9.11 Bn 20.16 Bn
3 Rtx 248.80 Bn 243.70 Bn 9.08 Bn 68.22 Bn
4 Boeing 180.64 Bn 159.74 Bn 2.55 Bn 52.95 Bn
5 Lockheed Martin 121.64 Bn 119.74 Bn 2.08 Bn 7.66 Bn
6 Howmet Aerospace 108.46 Bn 106.03 Bn 854.00 Mn 6.16 Bn
7 General Dynamics 96.96 Bn 93.31 Bn 9.09 Bn 27.83 Bn
8 Embraer 95.73 Bn 93.11 Bn - 7.51 Bn
9 Northrop Grumman 77.30 Bn 75.21 Bn 3.45 Bn 17.12 Bn
10 Virgin Galactic Holdings 181.91 Mn 181.91 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