SPCE Q1 2024 Earnings — Virgin Galactic Holdings, Inc. Revenue & Financial Results | Market Cap Arena

SPCEVirgin Galactic Holdings, Inc.

$162M

Q1 2024 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$2M+406.4% YoY

Gross Profit

-$24M-1224.4% margin

Operating Income

-$111M-5599.9% margin

Net Income

-$102M-5139.1% margin

EPS (Diluted)

$-4.92

QoQ Revenue Growth

-29.3%

Cash Flow

Operating Cash Flow

-$113M

Free Cash Flow

-$126M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$661M

Stockholders' Equity

$418M

Cash & Equivalents

$195M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2M	$392,000	+406.4%
Gross Profit	-$24M	$74,000	-32944.6%
Operating Income	-$111M	-$163M	+32.0%
Net Income	-$102M	-$159M	+36.0%