Virgin Galactic Holdings (SPCE) Operating Margin (2018 - 2026)
Virgin Galactic Holdings' Operating Margin was -48452.24% in Q2 2026, down 31225.15 percentage points from -17227.09% a year earlier.
Virgin Galactic Holdings (SPCE) Operating Margin (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, Virgin Galactic Holdings' Operating Margin was -21513.64% through Jun 30, 2026, down 2545.97 percentage points year-over-year; for FY2025, it came in at -18480.76%, down 13127.88 percentage points from FY2024.
- Operating Margin shows a five-year change of +97184.78 percentage points (FY2020 to FY2025).
- In earlier years, Operating Margin was -5352.89% in FY2024 (+2463.42 pp), -7816.31% in FY2023 (+13809.30 pp), -21625.61% in FY2022 (-11919.20 pp) and -9706.41% in FY2021 (+105959.14 pp).
- The Q2 2026 figure marks the lowest quarterly Operating Margin since Q4 2021.
- Compared with a year earlier, Operating Margin was higher in 1 of the last seven quarters, with an average year-over-year change of -12365.18 percentage points.
- The best year-over-year quarter for Operating Margin over five years was Q4 2022 (a gain of 40003.87 percentage points); the worst was Q2 2026 (a drop of 31225.15 percentage points).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 298.91 Bn | 257.43 Bn | 5.02 Bn | -47.62% |
| 2 | Rtx | 266.04 Bn | 234.31 Bn | 5.81 Bn | 13.37% |
| 3 | Boeing | 148.03 Bn | 54.72 Bn | 2.41 Bn | 0.64% |
| 4 | Lockheed Martin | 145.44 Bn | 129.67 Bn | 2.44 Bn | 11.80% |
| 5 | General Dynamics | 96.05 Bn | 83.17 Bn | 2.18 Bn | 10.36% |
| 6 | Motorola Solutions | 80.72 Bn | 77.06 Bn | 1.68 Bn | 25.82% |
| 7 | Northrop Grumman | 80.29 Bn | 67.74 Bn | 2.35 Bn | 11.41% |
| 8 | Howmet Aerospace | 77.45 Bn | 73.05 Bn | 951.00 Mn | 27.92% |
| 9 | Honeywell International | 69.83 Bn | 21.96 Bn | 3.65 Bn | 18.37% |
| 10 | Virgin Galactic Holdings | 280.04 Mn | -1.14 Bn | -28.05 Mn | -48,452.24% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -48,452.24% |
| Dec 31, 2025 | -19,483.01% |
| Sep 30, 2025 | -18,127.67% |
| Jun 30, 2025 | -17,227.09% |
| Mar 31, 2025 | -19,186.12% |
| Dec 31, 2024 | -19,103.26% |
| Sep 30, 2024 | -20,330.35% |
| Jun 30, 2024 | -2,412.09% |
| Mar 31, 2024 | -5,599.90% |
| Dec 31, 2023 | -4,067.82% |
| Sep 30, 2023 | -6,612.96% |
| Jun 30, 2023 | -7,459.43% |
| Mar 31, 2023 | -41,685.20% |
| Dec 31, 2022 | -17,642.23% |
| Sep 30, 2022 | -18,977.97% |
| Jun 30, 2022 | -30,733.89% |
| Mar 31, 2022 | -28,649.53% |
| Dec 31, 2021 | -57,646.10% |
| Sep 30, 2021 | -3,220.12% |
| Jun 30, 2021 | -12,941.86% |
Virgin Galactic Holdings Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=SPCE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "SPCE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=SPCE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();