Virgin Galactic Holdings (SPCE) Retained Earnings (2017 - 2025)

Virgin Galactic Holdings (SPCE) reported Retained Earnings of -$2.8 billion for Q4 2025, down 11.28% on a YoY basis from -$3.1 billion in Q4 2024, and down 2.33% sequentially from -$2.7 billion in Q3 2025.

Virgin Galactic Holdings (SPCE) Retained Earnings (2017 - 2025) Analysis & Trends

Virgin Galactic Holdings (SPCE) has 9 years of Retained Earnings data on file, last reported at -$2.8 billion in Q4 2025.

  • For the quarter ending Q4 2025, Retained Earnings fell 11.28% year-over-year to -$2.8 billion; the trailing twelve-month figure through Dec 2025 stood at -$2.8 billion (down 11.28% YoY), and the FY2025 full-year result was -$2.8 billion, down 11.28% from the prior year.
  • Retained Earnings eased to -$2.8 billion in Q4 2025, from -$2.7 billion in the prior quarter.
  • In the past five years, Retained Earnings ranged from a high of $2.9 billion in Q2 2025 to a low of -$2.8 billion in Q4 2025.
  • A 5-year average of $188.5 million and a median of -$4.1 million in 2022 frame the typical range for Retained Earnings.
  • Across the five-year window, Retained Earnings surged 3798335.85% in 2021 and sank 23136.64% in 2023, its largest moves.
  • Tracing SPCE's Retained Earnings over 5 years: stood at -$1.1 billion in 2021, then soared by 287.9% to $2.1 billion in 2022, then climbed by 24.63% to $2.6 billion in 2023, then sank by 193.98% to -$2.5 billion in 2024, then fell by 11.28% to -$2.8 billion in 2025.
  • Business Quant data shows SPCE's Retained Earnings at -$2.8 billion in Q4 2025, -$2.7 billion in Q3 2025, and $2.9 billion in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 General Electric 374.61 Bn 365.27 Bn -3.10 Bn -4.95 Bn
2 Rtx 289.95 Bn 281.65 Bn 9.91 Bn 58.02 Bn
3 Boeing 168.44 Bn 148.42 Bn 2.41 Bn 21.95 Bn
4 Lockheed Martin 133.17 Bn 129.38 Bn 2.45 Bn 15.76 Bn
5 Howmet Aerospace 113.21 Bn 110.78 Bn 854.00 Mn -1.69 Bn
6 General Dynamics 103.06 Bn 98.73 Bn 6.76 Bn 45.50 Bn
7 Northrop Grumman 76.42 Bn 74.12 Bn 3.72 Bn -134.00 Mn
8 TransDigm 73.24 Bn 69.36 Bn 1.51 Bn -9.64 Bn
9 L3Harris Technologies 51.62 Bn 51.03 Bn 1.40 Bn 4.42 Bn
10 Virgin Galactic Holdings 126.57 Mn 126.57 Mn -17.93 Mn -2.75 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 -2.75 Bn
Sep 30, 2025 -2.69 Bn
Jun 30, 2025 2.89 Bn
Mar 31, 2025 98,000.00
Dec 31, 2024 -2.47 Bn
Sep 30, 2024 2.76 Bn
Jun 30, 2024 -583,000.00
Mar 31, 2024 2.65 Bn
Dec 31, 2023 2.63 Bn
Sep 30, 2023 2.62 Bn
Jun 30, 2023 -1.92 Bn
Mar 31, 2023 -1.78 Bn
Dec 31, 2022 2.11 Bn
Sep 30, 2022 -1.47 Bn
Jun 30, 2022 -9.64 Mn
Mar 31, 2022 -7.67 Mn
Dec 31, 2021 -1.12 Bn
Sep 30, 2021 2.01 Bn
Jun 30, 2021 -994.48 Mn
Mar 31, 2021 1.32 Bn