Virgin Galactic Holdings (SPCE) Operating Income (2017 - 2025)
Virgin Galactic Holdings recorded quarterly Operating Income of -$60.8 million in Q4 2025, up 8.13% quarter-over-quarter from -$66.2 million in Q3 2025, and up 25.83% year-over-year from -$48.3 million in Q4 2024.
Virgin Galactic Holdings' Operating Income history runs 9 years deep, the most recent figure standing at -$60.8 million for Q4 2025.
- In Q4 2025, Operating Income rose 25.83% year-over-year to -$60.8 million; the TTM figure through Dec 2025 stood at -$285.3 million (up 24.24% YoY), while the FY2025 annual figure was -$285.3 million, up 24.24% from the prior year.
- Operating Income came in at -$60.8 million for Q4 2025 at Virgin Galactic Holdings, up from -$66.2 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of -$60.8 million in Q4 2025 to a low of -$163.4 million in Q1 2023.
- A 5-year average of -$100.6 million and a median of -$89.9 million in 2022 frame the typical range for Operating Income.
- Across the five-year window, Operating Income sank 88.62% in 2022 and soared 31.97% in 2024, its largest moves.
- Virgin Galactic Holdings' Operating Income stood at -$81.3 million in 2021, then tumbled by 88.62% to -$153.3 million in 2022, then grew by 25.47% to -$114.3 million in 2023, then climbed by 28.28% to -$82.0 million in 2024, then grew by 25.83% to -$60.8 million in 2025.
- According to Business Quant data, Operating Income over the past three periods registered -$60.8 million, -$66.2 million, and -$69.9 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 316.77 Bn | 306.03 Bn | 9.11 Bn | -1.07 Bn |
| 2 | Rtx | 238.61 Bn | 233.51 Bn | 9.08 Bn | 2.56 Bn |
| 3 | Boeing | 172.59 Bn | 151.68 Bn | 2.55 Bn | 448.00 Mn |
| 4 | Lockheed Martin | 122.59 Bn | 120.70 Bn | 2.08 Bn | 2.06 Bn |
| 5 | Howmet Aerospace | 102.88 Bn | 100.44 Bn | 854.00 Mn | 753.00 Mn |
| 6 | General Dynamics | 92.64 Bn | 88.99 Bn | 9.09 Bn | 1.42 Bn |
| 7 | Rocket Lab | 82.19 Bn | 80.92 Bn | 76.49 Mn | -55.97 Mn |
| 8 | Northrop Grumman | 78.95 Bn | 76.86 Bn | 3.45 Bn | 989.00 Mn |
| 9 | TransDigm | 70.63 Bn | 66.75 Bn | 1.51 Bn | 1.18 Bn |
| 10 | Virgin Galactic Holdings | 166.02 Mn | 166.02 Mn | -17.93 Mn | -60.79 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -60.79 Mn |
| Sep 30, 2025 | -66.17 Mn |
| Jun 30, 2025 | -69.94 Mn |
| Mar 31, 2025 | -88.45 Mn |
| Dec 31, 2024 | -81.95 Mn |
| Sep 30, 2024 | -81.73 Mn |
| Jun 30, 2024 | -101.79 Mn |
| Mar 31, 2024 | -111.16 Mn |
| Dec 31, 2023 | -114.27 Mn |
| Sep 30, 2023 | -114.27 Mn |
| Jun 30, 2023 | -139.57 Mn |
| Mar 31, 2023 | -163.41 Mn |
| Dec 31, 2022 | -153.31 Mn |
| Sep 30, 2022 | -145.56 Mn |
| Jun 30, 2022 | -109.72 Mn |
| Mar 31, 2022 | -91.39 Mn |
| Dec 31, 2021 | -81.28 Mn |
| Sep 30, 2021 | -83.08 Mn |
| Jun 30, 2021 | -73.90 Mn |
| Mar 31, 2021 | -81.28 Mn |
| Dec 31, 2020 | -74.34 Mn |
| Sep 30, 2020 | -77.01 Mn |
| Jun 30, 2020 | -63.06 Mn |
| Mar 31, 2020 | -60.97 Mn |
| Dec 31, 2019 | -73.99 Mn |
| Sep 30, 2019 | -51.92 Mn |
| Jun 30, 2019 | -44.42 Mn |
| Mar 31, 2019 | -42.94 Mn |
| Dec 31, 2018 | -165.97 Mn |
| Sep 30, 2018 | -224,827.00 |
| Jun 30, 2018 | -525,012.00 |
| Mar 31, 2018 | -466,305.00 |
| Dec 31, 2017 | -610,631.00 |
| Sep 30, 2017 | -265,350.00 |
| Jun 30, 2017 | -5,406.00 |