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 8.8% 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 | 5.4% |
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
Virgin Galactic: I Like The Vision, But Execution Is The Key
Sep 20Virgin Galactic: Pipe Dream Business Still Lacks Meaningful, Sustainable Model
Aug 28Virgin Galactic: Final Descent
Jun 19Shareholders May Be More Conservative With Virgin Galactic Holdings, Inc.'s (NYSE:SPCE) CEO Compensation For Now
Jun 06Virgin Galactic: The Guidance Looks Better Than I Expected
May 14Virgin Galactic: More Downside Expected After Boeing Lawsuit
Apr 02Virgin Galactic Holdings: A Risk-Bound Yet To Mature Business, Sell
Feb 20Virgin Galactic: Branson's Decision Leaves Shareholders Uncertain
Dec 05Virgin Galactic: Using Your Money To Subsidize The Adventures Of Billionaires
Oct 19Virgin Galactic: Delta Class Timeline Is Too Optimistic
Oct 12Virgin Galactic: Speculative Bet That's Ready For Launch
Sep 03Virgin Galactic: Lost In Space
Aug 02Is Virgin Galactic Holdings (NYSE:SPCE) Weighed On By Its Debt Load?
Jul 26Virgin Galactic: Shareholder Value Deterioration Set To Continue
Jun 30Virgin Galactic Takes Off; Don't Forget The Seat Belts
Jun 18Virgin Galactic: Successful Test Flight Does Not Mean Share Price Will Take Off
Jun 07Is Virgin Galactic Holdings (NYSE:SPCE) A Risky Investment?
Apr 20Virgin Galactic: Spotlight On Sister Company's Failed Rocket Launch
Jan 11Health Check: How Prudently Does Virgin Galactic Holdings (NYSE:SPCE) Use Debt?
Jan 05Virgin Galactic forges microgravity research alliance with Axiom Space
Nov 03Virgin Galactic: Ignore The Downgrades, It's A Strong Buy
Oct 21Virgin Galactic: Time's Up
Sep 22Does Virgin Galactic Holdings (NYSE:SPCE) Have A Healthy Balance Sheet?
Sep 20Virgin Galactic: An Earnings Miss And Equity Sale Send Shares Sharply Lower
Aug 08Virgin Galactic forms strategic partnership with Virtuoso
Jul 21Virgin Galactic signs long-term lease for final assembly manufacturing facility
Jul 14Virgin Galactic to partner with Boeing unit Aurora to build motherships
Jul 06A Look At The Intrinsic Value Of Virgin Galactic Holdings, Inc. (NYSE:SPCE)
Jun 23Health Check: How Prudently Does Virgin Galactic Holdings (NYSE:SPCE) Use Debt?
Jun 02Virgin Galactic: Wishful Estimates
May 25Revenue & 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: SPCE is currently unprofitable.
Growing Profit Margin: SPCE is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SPCE is unprofitable, and losses have increased over the past 5 years at a rate of 3% per year.
Accelerating Growth: Unable to compare SPCE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SPCE is unprofitable, making it difficult to compare its past year earnings growth to the Aerospace & Defense industry (21.3%).
Return on Equity
High ROE: SPCE has a negative Return on Equity (-102.27%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2025/01/10 01:47 |
End of Day Share Price | 2025/01/08 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Virgin Galactic Holdings, Inc. is covered by 17 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
---|---|
Ronald Epstein | BofA Global Research |
Kenneth Herbert | Canaccord Genuity |
Keith Snyder | CFRA Equity Research |