SPCE Q3 2024 Earnings — Virgin Galactic Holdings, Inc. Revenue & Financial Results | Market Cap Arena

SPCEVirgin Galactic Holdings, Inc.

$162M

Q3 2024 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$402,000-76.7% YoY

Gross Profit

-$19M-4843.8% margin

Operating Income

-$82M-20330.3% margin

Net Income

-$75M-18542.3% margin

EPS (Diluted)

$-2.66

QoQ Revenue Growth

-90.5%

Cash Flow

Operating Cash Flow

-$79M

Free Cash Flow

-$118M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$1.0B

Total Liabilities

$650M

Stockholders' Equity

$366M

Cash & Equivalents

$172M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$402,000	$2M	-76.7%
Gross Profit	-$19M	-$24M	+18.6%
Operating Income	-$82M	-$114M	+28.5%
Net Income	-$75M	-$105M	+28.7%