Virgin Galactic Holdings, Inc

For the period ended Jun 30, 2025. Filed Aug 6, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2025 · Filed Aug 6, 2025

SPCE$2.79-2.8%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Operations and Comprehensive Loss

(Unaudited; in thousands, except per share amounts)

	Three Months Ended June 30,		Six Months Ended June 30,
	2025	2024	2025	2024
Revenue	$406	$4,220	$867	$6,205
Operating expenses:
Spaceline operations	14,206	27,288	35,032	49,879
Research and development	20,121	41,535	53,431	100,504
Selling, general and administrative	31,850	33,931	62,400	61,815
Depreciation and amortization	4,171	3,256	8,394	6,955
Total operating expenses	70,348	106,010	159,257	219,153
Operating loss	(69,942)	(101,790)	(158,390)	(212,948)
Interest income	5,832	11,108	13,047	23,416
Interest expense	(3,247)	(3,230)	(6,487)	(6,457)
Other income, net	40	171	74	316
Loss before income taxes	(67,317)	(93,741)	(151,756)	(195,673)
Income tax expense (benefit)	(37)	34	11	114
Net loss	(67,280)	(93,775)	(151,767)	(195,787)
Other comprehensive loss:
Foreign currency translation adjustment	22	2	18	(6)
Unrealized loss on marketable securities	(134)	(84)	(310)	(948)
Total comprehensive loss	$(67,392)	$(93,857)	$(152,059)	$(196,741)
Net loss per share:
Basic and diluted	$(1.47)	$(4.36)	$(3.74)	$(9.43)
Weighted-average shares outstanding:
Basic and diluted	45,641	21,484	40,569	20,752

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.