SPCE Q2 2022 Earnings — Virgin Galactic Holdings, Inc. Revenue & Financial Results | Market Cap Arena

SPCEVirgin Galactic Holdings, Inc.

$162M

Q2 2022 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$357,000-37.5% YoY

Gross Profit

$235,00065.8% margin

Operating Income

-$110M-30733.9% margin

Net Income

-$111M-31014.3% margin

EPS (Diluted)

$-8.60

QoQ Revenue Growth

+11.9%

Cash Flow

Operating Cash Flow

-$87M

Free Cash Flow

-$91M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$618M

Stockholders' Equity

$651M

Cash & Equivalents

$330M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$357,000	$571,000	-37.5%
Gross Profit	$235,000	$508,000	-53.7%
Operating Income	-$110M	-$74M	-48.5%
Net Income	-$111M	-$94M	-17.7%