Filing Flows

Filing Flows › Virgin Galactic Holdings (SPCE) › Q1 2026 › vs Q1 2025

Virgin Galactic Holdings (SPCE) Q1 2026 vs Q1 2025 (year over year)

Virgin Galactic Holdings's revenue fell $234K (-51%) from $461K in Q1 2025 to $227K in Q1 2026.

Virgin Galactic Holdings, Q1 2026: revenue $227K (-51% year over year), net loss $64.7M, operating cash flow −$53.5M. The chart draws each line against Q1 2025, the increases inside each band.

Virgin Galactic Holdings: what changed, Q1 2026 vs Q1 2025Virgin Galactic Holdings: what changed, Q1 2026 vs Q1 2025Research & development−$26.6MCosts & expenses−$23.1MOperating costs−$23.1MCash used in operations−$22.4MNet loss−$19.8MOperating cash sources−$19.8MNet loss absorbed−$19.8MCost of revenue$8.8MSG&A−$5.0MWorking capital & other$3.6M

Every line

LineQ1 2026Q1 2025Change%
Revenue$227K$461K−$234K-51%
Other income, net$907K$4.0M−$3.1M-77%
Net loss$64.7M$84.5M−$19.8M-23%
Costs & expenses$65.8M$89.0M−$23.1M-26%
Operating costs$65.8M$88.9M−$23.1M-26%
Income tax$30K$48K−$18K-38%
Cost of revenue$29.6M$20.8M$8.8M+42%
Research & development$6.7M$33.3M−$26.6M-80%
SG&A$25.6M$30.6M−$5.0M-16%
Other operating costs$3.9M$4.2M−$307K-7%
Operating cash sources$64.7M$84.5M−$19.8M-23%
Depreciation & amortization$3.9M$4.2M−$307K-7%
Share-based compensation$4.1M$4.8M−$648K-14%
Working capital & other$3.2M−$423K$3.6M—
Cash used in operations$53.5M$75.9M−$22.4M-30%
Net loss absorbed$64.7M$84.5M−$19.8M-23%

Questions

How much did Virgin Galactic Holdings's revenue grow year over year in Q1 2026?

Virgin Galactic Holdings's revenue fell $234K (-51%) from $461K in Q1 2025 to $227K in Q1 2026.

Q1 2026 results → · Compare in the interactive Sankey →