Virgin Galactic Holdings Past Earnings Performance
Past criteria checks 0/6
Virgin Galactic Holdings's earnings have been declining at an average annual rate of -3%, while the Aerospace & Defense industry saw earnings growing at 18.5% annually. Revenues have been growing at an average rate of 35.4% per year.
Key information
-3.0%
Earnings growth rate
14.1%
EPS growth rate
| Aerospace & Defense Industry Growth | 13.6% |
| Revenue growth rate | 35.4% |
| Return on equity | -102.3% |
| Net Margin | -3,975.3% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Virgin Galactic Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 9 | -374 | 127 | 178 |
| 30 Jun 24 | 11 | -404 | 135 | 199 |
| 31 Mar 24 | 8 | -445 | 152 | 244 |
| 31 Dec 23 | 7 | -502 | 175 | 295 |
| 30 Sep 23 | 5 | -549 | 191 | 344 |
| 30 Jun 23 | 4 | -590 | 195 | 396 |
| 31 Mar 23 | 2 | -566 | 188 | 372 |
| 31 Dec 22 | 2 | -500 | 175 | 314 |
| 30 Sep 22 | 2 | -430 | 166 | 252 |
| 30 Jun 22 | 3 | -333 | 168 | 189 |
| 31 Mar 22 | 4 | -316 | 161 | 161 |
| 31 Dec 21 | 3 | -353 | 167 | 144 |
| 30 Sep 21 | 3 | -376 | 161 | 145 |
| 30 Jun 21 | 1 | -420 | 144 | 157 |
| 31 Mar 21 | 0 | -398 | 133 | 160 |
| 31 Dec 20 | 0 | -645 | 111 | 154 |
| 30 Sep 20 | 1 | -618 | 121 | 154 |
| 30 Jun 20 | 2 | -577 | 108 | 142 |
| 31 Mar 20 | 2 | -549 | 97 | 136 |
| 31 Dec 19 | 4 | -215 | 82 | 133 |
| 30 Sep 19 | 5 | -184 | 58 | 129 |
| 30 Jun 19 | 4 | -172 | 54 | 121 |
| 31 Mar 19 | 4 | -140 | 51 | 120 |
| 31 Dec 18 | 3 | -138 | 51 | 118 |
| 31 Dec 17 | 2 | -138 | 47 | 93 |
Quality Earnings: 1SPCE is currently unprofitable.
Growing Profit Margin: 1SPCE is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 1SPCE is unprofitable, and losses have increased over the past 5 years at a rate of 3% per year.
Accelerating Growth: Unable to compare 1SPCE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 1SPCE is unprofitable, making it difficult to compare its past year earnings growth to the Aerospace & Defense industry (19.1%).
Return on Equity
High ROE: 1SPCE has a negative Return on Equity (-102.27%), as it is currently unprofitable.