SPCE Q2 2024 Earnings — Virgin Galactic Holdings, Inc. Revenue & Financial Results | Market Cap Arena

SPCEVirgin Galactic Holdings, Inc.

$162M

Q2 2024 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$4M+125.5% YoY

Gross Profit

-$26M-623.8% margin

Operating Income

-$102M-2412.1% margin

Net Income

-$94M-2222.2% margin

EPS (Diluted)

$-4.36

QoQ Revenue Growth

+112.6%

Cash Flow

Operating Cash Flow

-$79M

Free Cash Flow

-$114M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$668M

Stockholders' Equity

$395M

Cash & Equivalents

$182M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4M	$2M	+125.5%
Gross Profit	-$26M	$2M	-1708.1%
Operating Income	-$102M	-$140M	+27.1%
Net Income	-$94M	-$134M	+30.2%