Virgin Galactic Holdings SPCE
NYSE SPCE
$2.94 -0.02 (-0.68%)
As of: Sep 10, 2026 · 10:20 AM EDT

Virgin Galactic Holdings (SPCE) Operating Expenses (2017 - 2026)

Virgin Galactic Holdings' (SPCE) quarterly Operating Expenses came in at $65.1 million in Q2 2026, down 7.52% year-over-year from $70.3 million in Q2 2025, and up 6.48% quarter-over-quarter from $61.1 million in Q4 2025.

Analysis

Virgin Galactic Holdings (SPCE) Operating Expenses (2017 - 2026) Analysis & Trends

Virgin Galactic Holdings has disclosed Operating Expenses across 10 years of filings, most recently posting $65.1 million for Q2 2026.

  • In Q2 2026, Operating Expenses fell 7.52% year-over-year to $65.1 million; the TTM figure through Jun 2026 stood at $263.0 million (down 18.76% YoY), while the FY2025 annual figure was $286.9 million, down 25.22% from the prior year.
  • Operating Expenses came in at $65.1 million for Q2 2026 at Virgin Galactic Holdings, up from $61.1 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $163.8 million in Q1 2023 to a low of $61.1 million in Q4 2025.
  • Average Operating Expenses over 5 years is $104.5 million, with a median of $106.0 million recorded in 2024.
  • Year-over-year, Operating Expenses soared 89.36% in 2022 and tumbled 33.64% in 2025.
  • Over 5 years, Operating Expenses stood at $154.2 million in 2022, then decreased by 24.07% to $117.1 million in 2023, then retreated by 29.63% to $82.4 million in 2024, then dropped by 25.83% to $61.1 million in 2025, then climbed by 6.48% to $65.1 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $65.1 million in Q2 2026, $61.1 million in Q4 2025, and $66.5 million in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Rocket Lab 40.01 Bn 37.71 Bn 84.58 Mn 142.09 Mn
2 Firefly Aerospace 3.56 Bn 2.75 Bn 23.88 Mn 119.07 Mn
3 Redwire 2.45 Bn 1.89 Bn 32.54 Mn 54.63 Mn
4 Intuitive Machines 2.42 Bn 2.04 Bn 35.87 Mn 253.30 Mn
5 Virgin Galactic Holdings 325.07 Mn 325.07 Mn -28.05 Mn 65.06 Mn
6 Sidus Space 173.34 Mn 6.82 Mn -629,723.00 5.06 Mn
7 Starfighters Space 97.78 Mn 97.78 Mn - 6.45 Mn
8 Momentus 48.32 Mn -59.38 Mn 25,000.00 8.13 Mn
9 Helio 40.14 Mn 39.67 Mn 122,607.00 978,422.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 65.06 Mn
Dec 31, 2025 61.10 Mn
Sep 30, 2025 66.53 Mn
Jun 30, 2025 70.35 Mn
Mar 31, 2025 88.91 Mn
Dec 31, 2024 82.38 Mn
Sep 30, 2024 82.13 Mn
Jun 30, 2024 106.01 Mn
Mar 31, 2024 113.14 Mn
Dec 31, 2023 117.07 Mn
Sep 30, 2023 116.00 Mn
Jun 30, 2023 141.44 Mn
Mar 31, 2023 163.80 Mn
Dec 31, 2022 154.18 Mn
Sep 30, 2022 146.33 Mn
Jun 30, 2022 110.08 Mn
Mar 31, 2022 91.71 Mn
Dec 31, 2021 81.42 Mn
Sep 30, 2021 85.66 Mn
Jun 30, 2021 74.47 Mn