Filing Flows › Virgin Galactic Holdings (SPCE) › Q1 2026 › vs Q4 2025
Virgin Galactic Holdings (SPCE) Q1 2026 vs Q4 2025 (quarter over quarter)
Virgin Galactic Holdings's revenue fell $85K (-27%) from $312K in Q4 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 Q4 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $227K | $312K | −$85K | -27% |
| Other income, net | $907K | −$1.9M | $2.8M | — |
| Net loss | $64.7M | $62.7M | $2.0M | +3% |
| Costs & expenses | $65.8M | $63.0M | $2.8M | +4% |
| Operating costs | $65.8M | $61.1M | $4.7M | +8% |
| Income tax | $30K | $41K | −$11K | -27% |
| Cost of revenue | $29.6M | $18.2M | $11.4M | +62% |
| Research & development | $6.7M | $12.1M | −$5.4M | -44% |
| SG&A | $25.6M | $26.8M | −$1.3M | -5% |
| Other operating costs | $3.9M | $4.0M | −$58K | -1% |
| Operating cash sources | $64.7M | $62.7M | $2.0M | +3% |
| Depreciation & amortization | $3.9M | $4.0M | −$58K | -1% |
| Share-based compensation | $4.1M | $4.4M | −$257K | -6% |
| Working capital & other | $3.2M | $1.9M | $1.3M | +68% |
| Cash used in operations | $53.5M | $52.5M | $1.0M | +2% |
| Net loss absorbed | $64.7M | $62.7M | $2.0M | +3% |
Questions
How much did Virgin Galactic Holdings's revenue grow quarter over quarter in Q1 2026?
Virgin Galactic Holdings's revenue fell $85K (-27%) from $312K in Q4 2025 to $227K in Q1 2026.