SPCE Q1 2023 Earnings — Virgin Galactic Holdings, Inc. Revenue & Financial Results | Market Cap Arena

SPCEVirgin Galactic Holdings, Inc.

$162M

Q1 2023 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$392,000+22.9% YoY

Gross Profit

$74,00018.9% margin

Operating Income

-$163M-41685.2% margin

Net Income

-$159M-40659.4% margin

EPS (Diluted)

$-11.40

QoQ Revenue Growth

-54.9%

Cash Flow

Operating Cash Flow

-$136M

Free Cash Flow

-$139M

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$1.0B

Total Liabilities

$667M

Stockholders' Equity

$367M

Cash & Equivalents

$416M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$392,000	$319,000	+22.9%
Gross Profit	$74,000	$294,000	-74.8%
Operating Income	-$163M	-$91M	-78.8%
Net Income	-$159M	-$93M	-71.3%