Filing Flows › Virgin Galactic Holdings (SPCE) › Q2 2026
Virgin Galactic Holdings (SPCE) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 12, 2026
Virgin Galactic Holdings (SPCE) reported revenue of $134K for the second quarter 2026 (Q2 2026), -67% from a year earlier and -41% from the quarter before.
Virgin Galactic Holdings, Q2 2026: revenue $134K (-67% year over year), net loss $55.9M, operating cash flow −$50.2M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $134K | -41% | -67% |
| Operating profit | −$64.9M | — | — |
| Net earnings | −$55.9M | — | — |
| Operating cash flow | −$50.2M | — | — |
What changed
Revenue was $134K in Q2 2026, down 67% year over year and down 41% from the previous quarter.
Operating costs exceeded revenue by $64.9M, an operating margin of -48452.2%. Total costs fell 8% while revenue fell 67%. The fastest-growing cost line was Cost of revenue (+98%). The quarter ended with a net loss of $55.9M, narrower than the previous quarter's $64.7M loss.
Operating cash flow was −$50.2M. Non-cash charges added back $4.0M of depreciation and amortization and $6.8M of share-based compensation. Working capital and other items used $5.1M. Capital expenditures of $40.6M exceeded it, leaving free cash flow of −$90.7M.
Questions
What was Virgin Galactic Holdings' revenue in the second quarter 2026?
Virgin Galactic Holdings (SPCE) reported revenue of $134K for the second quarter 2026 (Q2 2026), -67% from a year earlier and -41% from the quarter before.