Virgin Galactic Holdings SPCE
NYSE SPCE
$2.96 -0.17 (-5.27%)
As of: Sep 9, 2026 · 3:59 PM EDT

Virgin Galactic Holdings (SPCE) Research & Development (2019 - 2026)

Virgin Galactic Holdings' (SPCE) quarterly Research & Development came in at $4.3 million in Q2 2026, down 78.44% year-over-year from $20.1 million in Q2 2025, and down 64.09% quarter-over-quarter from $12.1 million in Q4 2025.

Analysis

Virgin Galactic Holdings (SPCE) Research & Development (2019 - 2026) Analysis & Trends

Virgin Galactic Holdings has disclosed Research & Development across 8 years of filings, most recently posting $4.3 million for Q2 2026.

  • In Q2 2026, Research & Development fell 78.44% year-over-year to $4.3 million; the TTM figure through Jun 2026 stood at $51.5 million (down 51.24% YoY), while the FY2025 annual figure was $80.5 million, down 47.3% from the prior year.
  • Research & Development came in at $4.3 million for Q2 2026 at Virgin Galactic Holdings, down from $12.1 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $109.9 million in Q1 2023 to a low of $4.3 million in Q2 2026.
  • Average Research & Development over 5 years is $49.8 million, with a median of $44.8 million recorded in 2023.
  • Year-over-year, Research & Development jumped 184.09% in 2022 and sank 78.44% in 2026.
  • Over 5 years, Research & Development stood at $102.6 million in 2022, then plunged by 47.51% to $53.8 million in 2023, then sank by 47.56% to $28.2 million in 2024, then slumped by 57.21% to $12.1 million in 2025, then sank by 64.09% to $4.3 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $4.3 million in Q2 2026, $12.1 million in Q4 2025, and $15.0 million in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Rocket Lab 39.75 Bn 37.45 Bn 84.58 Mn 82.43 Mn
2 Firefly Aerospace 3.53 Bn 2.72 Bn 23.88 Mn 71.53 Mn
3 Intuitive Machines 2.43 Bn 2.05 Bn 35.87 Mn 7.73 Mn
4 Redwire 2.37 Bn 1.81 Bn 32.54 Mn 12.55 Mn
5 Virgin Galactic Holdings 329.50 Mn 329.50 Mn -28.05 Mn 4.34 Mn
6 Sidus Space 177.78 Mn 11.26 Mn -629,723.00 -
7 Starfighters Space 96.61 Mn 96.61 Mn - 1,918.00
8 Momentus 48.62 Mn -59.09 Mn 25,000.00 4.23 Mn
9 Helio 39.20 Mn 38.74 Mn 122,607.00 -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 4.34 Mn
Dec 31, 2025 12.08 Mn
Sep 30, 2025 14.95 Mn
Jun 30, 2025 20.12 Mn
Mar 31, 2025 33.31 Mn
Dec 31, 2024 28.24 Mn
Sep 30, 2024 23.94 Mn
Jun 30, 2024 41.54 Mn
Mar 31, 2024 58.97 Mn
Dec 31, 2023 53.85 Mn
Sep 30, 2023 44.85 Mn
Jun 30, 2023 86.57 Mn
Mar 31, 2023 109.87 Mn
Dec 31, 2022 102.60 Mn
Sep 30, 2022 97.41 Mn
Jun 30, 2022 62.34 Mn
Mar 31, 2022 51.83 Mn
Dec 31, 2021 40.23 Mn
Sep 30, 2021 34.29 Mn
Jun 30, 2021 34.62 Mn