Virgin Galactic Holdings, Inc. (BMV:SPCE)

Virgin Galactic Holdings Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	163.55	178.61	216.8	302.29	524.48	665.92
Short-Term Investments	305.79	384.62	657.24	606.72	79.42	-
Cash & Short-Term Investments	469.34	563.23	874.04	909.01	603.9	665.92
Cash Growth	-39.49%	-35.56%	-3.85%	50.52%	-9.31%	38.61%
Other Receivables	-	4.2	4.6	4.5	2.3	-
Receivables	-	4.2	4.6	4.5	2.3	-
Inventory	-	-	-	24.04	29.67	30.48
Prepaid Expenses	-	-	-	23.73	17.18	18.49
Restricted Cash	30.18	32.28	36.79	40.34	25.55	13.03
Other Current Assets	33.28	28.23	35.4	-	-	-
Total Current Assets	532.8	627.94	950.83	1,002	678.59	727.93
Property, Plant & Equipment	305.88	267.15	152.33	102.12	82.98	72.7
Long-Term Investments	8.24	61.28	71.6	30.39	301.46	-
Other Long-Term Assets	51.91	4.86	4.76	5.81	5.8	3.36
Total Assets	898.82	961.23	1,180	1,140	1,069	803.99
Accounts Payable	10.35	3.7	32.42	16.33	9.24	6
Accrued Expenses	-	49.53	41.68	61.85	28.79	22.98
Current Portion of Long-Term Debt	-	-	-	-	-	0.31
Current Portion of Leases	-	5.85	4.35	3.02	2.2	2.38
Current Unearned Revenue	80.87	84.49	97.84	102.65	90.86	83.21
Other Current Liabilities	66.21	6.44	9.38	0.21	0.43	0.14
Total Current Liabilities	157.43	150.01	185.66	184.05	131.52	115.02
Long-Term Debt	421.26	420.12	417.89	415.72	-	0.31
Long-Term Leases	-	67.63	68.86	56.65	39.97	24.15
Other Long-Term Liabilities	56.75	1.19	1.63	3.3	3.08	137.43
Total Liabilities	635.44	638.95	674.04	659.72	174.57	276.91
Common Stock	0.01	0	0	0.03	0.03	0.02
Additional Paid-In Capital	2,888	2,795	2,631	2,111	2,020	1,298
Retained Earnings	-2,625	-2,473	-2,126	-1,624	-1,124	-770.74
Comprehensive Income & Other	-0.01	0.28	0.37	-7.33	-1.87	0.01
Shareholders' Equity	263.37	322.28	505.48	480.22	894.26	527.08
Total Liabilities & Equity	898.82	961.23	1,180	1,140	1,069	803.99
Total Debt	421.26	493.59	491.1	475.39	42.17	27.15
Net Cash (Debt)	56.31	130.92	454.53	464.01	863.19	638.77
Net Cash Growth	-80.98%	-71.20%	-2.04%	-46.24%	35.13%	40.11%
Net Cash Per Share	1.62	5.25	26.95	35.16	69.72	58.31
Filing Date Shares Outstanding	57.59	35.53	20	14.01	12.91	11.85
Total Common Shares Outstanding	55.79	33	20	13.77	12.91	11.81
Working Capital	375.37	477.93	765.17	817.56	547.07	612.91
Book Value Per Share	4.72	9.77	25.28	34.87	69.28	44.64
Tangible Book Value	263.37	322.28	505.48	480.22	894.26	527.08
Tangible Book Value Per Share	4.72	9.77	25.28	34.87	69.28	44.64
Land	-	1.3	1.3	1.3	-	-
Buildings	-	10.11	9.09	9.12	9.12	9.14
Machinery	-	47.12	44.06	37.42	37.2	34.53
Construction In Progress	-	117.81	34.58	4.34	2.9	1.78
Leasehold Improvements	-	77.59	37.14	31.09	29.16	28.74

Updated Feb 26, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.