Virgin Galactic Holdings, Inc. (SPCE)
Virgin Galactic is a spaceflight company aiming to provide suborbital space tourism experiences for private individuals and researchers.
Is Virgin Galactic Holdings, Inc. a good stock for a UK beginner?
The honest version: There's no rating here and nothing for sale. In its favour: Pioneering brand in the emerging space tourism sector. Worth weighing: Extremely high cash burn and lack of current profitability.
Is this normal for this company?
Each figure against the range this same company has produced recently. Neither end of a range is the good end.
Profit as a share of sales, from the company's own quarterly statements. The range covers the 5 quarters we hold, and the figure shown is its most recent one.
How these ranges are built
Every number here is the company's own reported figure, not a comparison with other companies. The ranges come from this company's own results and its share price. Where it reports in a different currency from the one its shares trade in, the price-to-earnings range is left out rather than mixing the two.
What does Virgin Galactic Holdings, Inc. do?
Virgin Galactic designs and operates spacecraft to take passengers on short trips to the edge of space. Ticket sales for these flights are the intended source of cash, though at this stage far more goes out on development than comes in from customers. How well they scale up flight frequency while managing the massive costs of building and maintaining their fleet will decide their path.
On our factor screen it looks strongest on value and momentum, and weakest on growth.
- !Pays no dividend - the whole return rides on the share price
- !Revenue slipped about 51% over the year
- !Carries a lot of debt - roughly 1.6x its equity
- —
- Quality screens low
- Growth screens low
- Income screens low
Does Virgin Galactic Holdings, Inc. pay a dividend?
No - Virgin Galactic Holdings, Inc. doesn't currently pay a dividend, so the whole return would rest on the share price. Plenty of growing companies reinvest their profits instead of paying them out - neither approach is better or worse, they're just different.
Does Virgin Galactic Holdings, Inc. have more cash or more debt?
It holds about $219.89M in cash against about $368.72M of debt - so it has net debt of about $148.83M. Debt is not automatically a problem - it funds growth - but it has to be serviced and repaid, which matters more when profits wobble.
From the latest reported balance sheet. Cash and debt levels change, and some borrowing is normal - this is context, not a judgment.
What do Virgin Galactic Holdings, Inc.'s numbers mean?
How has it performed?
Growth of £1,000, the worst fall, and year by year
Over about 2 years to 2026-09-11. This is the share price only; any dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.
How much has Virgin Galactic Holdings, Inc. actually fallen?
Over the last 2 years of daily prices, Virgin Galactic Holdings, Inc. fell as much as −72% from a high to a later low. Falls like this are normal when you own a share.
Past falls are not a forecast - it can fall further, or recover.
How has it done year by year?
Calendar-year total return - the share price with dividends reinvested - from adjusted closing prices. The current year is only part-complete. Past returns are not a guide to the future.
A closer look at the numbers
Ownership, earnings history, where the money goes, and the outlook range
Does the share price tell you if it's cheap or expensive?
Who owns Virgin Galactic Holdings, Inc.?
About 34% of Virgin Galactic Holdings, Inc., or about 34 in every 100 shares, is held by big institutions such as pension and index funds. The rest, roughly 65%, is held by the public and smaller investors.
What this does and doesn't tell you
This is a recent snapshot of the share register, and it moves. We don't read anything into who owns what - a high institutional share is common for any large listed company and is not a signal about it.
Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.
Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.
How much money does Virgin Galactic Holdings, Inc. make?
Revenue and profit by quarter, and how much of each sale turns into profit.
When does Virgin Galactic Holdings, Inc. report earnings, and how did recent quarters go?
Virgin Galactic Holdings, Inc. is next scheduled to report on about 2026-11-16 - dates can move, and we don't predict results; this just tells you when to look.
‘Beat’ and ‘missed’ are against what analysts expected, not whether the business is doing well.
| Reported | Expected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number. | Actual EPS | vs expected |
|---|---|---|---|
| 2026-05-14 | $-0.94 | $-0.81 | Beat +14% |
| 2026-03-30 | $-1.07 | $-0.93 | Beat +12% |
| 2025-11-13 | $-1.48 | $-1.10 | Beat +26% |
| 2025-08-06 | $-2.22 | $-1.41 | Beat +36% |
| 2025-05-15 | $-2.55 | $-2.38 | Beat +7% |
| 2025-02-26 | $-3.00 | $-2.53 | Beat +16% |
Across the last 6 quarters here, Virgin Galactic Holdings, Inc. came in ahead of what analysts expected 6 times. One quarter is noise, not a trend.
See who else reports over the next two weeks →
Where these figures come from
Each quarter a company reports its results against a consensus of analyst forecasts. The figures here are reported versus expected earnings per share from published results; the expectation is that analyst consensus, not our view. Report dates are estimates and can move.
What are the scenarios for Virgin Galactic Holdings, Inc.?
An illustrative range for the year ahead — not a prediction or a price target.
What are the pros, cons and common questions?
The case each way, and the questions people ask
Establishing a sustainable, profitable model for space tourism.
Failure to compete with other aerospace firms or total loss of capital.
What are the pros and cons of Virgin Galactic Holdings, Inc.?
A balance check, not a score or verdict.
- Pioneering brand in the emerging space tourism sector
- Unique intellectual property and flight experience
- Strong interest from high-net-worth individuals
- Extremely high cash burn and lack of current profitability
- Significant technical and safety risks inherent in space travel
- Revenue has been declining year-over-year
- Potential for long delays in flight schedules
- High sensitivity to economic downturns affecting luxury spending
- Need for constant capital raises which can dilute existing shareholders
The write-up's own warning lights — if these start happening, the case above changes.
- Consistent quarterly revenue growth
- Achievement of positive net margins
Common questions about Virgin Galactic Holdings, Inc.
Does Virgin Galactic Holdings, Inc. pay a dividend?
No - Virgin Galactic Holdings, Inc. does not currently pay a dividend, so the return would rest on the share price. Many growing companies reinvest profits instead of paying them out.
When does Virgin Galactic Holdings, Inc. report earnings next?
Virgin Galactic Holdings, Inc. is next scheduled to report results on about 2026-11-16. Report dates are estimates and can move; this is a diary note for when to look, not a forecast of the outcome.
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This plain-English summary was auto-generated on 2026-08-02 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.