Virgin Galactic Holdings Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2017 - 2019
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2017 - 2019
Net Income	-346.74	-502.34	-500.15	-352.9	-644.89	Upgrade
Depreciation & Amortization	15.47	13.37	11.1	11.52	8.48	Upgrade
Other Amortization	2.23	2.17	2	-	1.3	Upgrade
Loss (Gain) From Sale of Investments	-16.64	-15.09	-	-	-	Upgrade
Stock-Based Compensation	29.75	44.26	45.71	61.81	30.32	Upgrade
Other Operating Activities	1.46	1.51	10.8	34.66	371.95	Upgrade
Change in Inventory	-	-	5.63	0.82	1.37	Upgrade
Change in Accounts Payable	-29.2	8.63	35.15	7.94	-1.01	Upgrade
Change in Unearned Revenue	-13.35	-4.81	11.78	7.65	-0.15	Upgrade
Change in Other Net Operating Assets	4.31	4.11	-2.25	-2.25	-0.54	Upgrade
Operating Cash Flow	-352.7	-448.19	-380.24	-230.76	-233.16	Upgrade
Capital Expenditures	-121.86	-44.31	-16.49	-4.64	-17.2	Upgrade
Investment in Securities	296.9	-71.96	-269.68	-382.88	-	Upgrade
Other Investing Activities	0.61	-	-	-	-	Upgrade
Investing Cash Flow	175.66	-116.27	-286.17	-387.52	-17.2	Upgrade
Long-Term Debt Issued	-	-	425	-	-	Upgrade
Long-Term Debt Repaid	-0.19	-0.24	-0.54	-0.45	-0.43	Upgrade
Net Debt Issued (Repaid)	-0.19	-0.24	424.46	-0.45	-0.43	Upgrade
Issuance of Common Stock	137.8	484.15	103.38	519.98	462.78	Upgrade
Repurchase of Common Stock	-1.21	-3.24	-3.98	-23.4	-4.77	Upgrade
Other Financing Activities	-2.06	-5.24	-64.84	-6.77	-20.99	Upgrade
Financing Cash Flow	134.34	475.43	459	489.36	436.59	Upgrade
Net Cash Flow	-42.71	-89.04	-207.4	-128.93	186.23	Upgrade
Free Cash Flow	-474.56	-492.5	-396.73	-235.4	-250.36	Upgrade
Free Cash Flow Margin	-6744.71%	-7242.68%	-17159.60%	-7150.61%	-105193.28%	Upgrade
Free Cash Flow Per Share	-19.02	-29.21	-30.06	-19.01	-22.85	Upgrade
Cash Interest Paid	10.63	15.94	5.67	-	-	Upgrade
Cash Income Tax Paid	0.33	0.66	0.08	0.11	0.1	Upgrade
Levered Free Cash Flow	-342.94	-305.91	-243.96	-126.74	-151.03	Upgrade
Unlevered Free Cash Flow	-337.09	-300.03	-238.37	-126.72	-151	Upgrade
Change in Net Working Capital	25.06	-16.09	-33.8	-4.3	1.85	Upgrade

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