Virgin Galactic Holdings, Inc. (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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	128.79	178.61	216.8	302.29	524.48	665.92
Short-Term Investments	264.78	384.62	657.24	606.72	79.42	-
Cash & Short-Term Investments	393.57	563.23	874.04	909.01	603.9	665.92
Cash Growth	-39.55%	-35.56%	-3.85%	50.52%	-9.31%	38.61%
Other Receivables	2	4.2	4.6	4.5	2.3	-
Receivables	2	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	30.01	32.28	36.79	40.34	25.55	13.03
Other Current Assets	33.41	28.23	35.4	-	-	-
Total Current Assets	458.98	627.94	950.83	1,002	678.59	727.93
Property, Plant & Equipment	388.4	267.15	152.33	102.12	82.98	72.7
Long-Term Investments	-	61.28	71.6	30.39	301.46	-
Other Long-Term Assets	6.16	4.86	4.76	5.81	5.8	3.36
Total Assets	853.54	961.23	1,180	1,140	1,069	803.99
Accounts Payable	9.44	3.7	32.42	16.33	9.24	6
Accrued Expenses	48.44	49.53	41.68	61.85	28.79	22.98
Current Portion of Long-Term Debt	-	-	-	-	-	0.31
Current Portion of Leases	8.3	5.85	4.35	3.02	2.2	2.38
Current Unearned Revenue	80.2	84.49	97.84	102.65	90.86	83.21
Other Current Liabilities	13.63	6.44	9.38	0.21	0.43	0.14
Total Current Liabilities	160.01	150.01	185.66	184.05	131.52	115.02
Long-Term Debt	421.84	420.12	417.89	415.72	-	0.31
Long-Term Leases	48.02	67.63	68.86	56.65	39.97	24.15
Other Long-Term Liabilities	-2.22	1.19	1.63	3.3	3.08	137.43
Total Liabilities	627.65	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	2,915	2,795	2,631	2,111	2,020	1,298
Retained Earnings	-2,689	-2,473	-2,126	-1,624	-1,124	-770.74
Comprehensive Income & Other	0.22	0.28	0.37	-7.33	-1.87	0.01
Shareholders' Equity	225.9	322.28	505.48	480.22	894.26	527.08
Total Liabilities & Equity	853.54	961.23	1,180	1,140	1,069	803.99
Total Debt	478.16	493.59	491.1	475.39	42.17	27.15
Net Cash (Debt)	-84.59	130.92	454.53	464.01	863.19	638.77
Net Cash Growth	-	-71.20%	-2.04%	-46.24%	35.13%	40.11%
Net Cash Per Share	-1.98	5.25	26.95	35.16	69.72	58.31
Filing Date Shares Outstanding	63.2	35.53	20	14.01	12.91	11.85
Total Common Shares Outstanding	63.17	33	20	13.77	12.91	11.81
Working Capital	298.97	477.93	765.17	817.56	547.07	612.91
Book Value Per Share	3.58	9.77	25.28	34.87	69.28	44.64
Tangible Book Value	225.9	322.28	505.48	480.22	894.26	527.08
Tangible Book Value Per Share	3.58	9.77	25.28	34.87	69.28	44.64
Land	1.3	1.3	1.3	1.3	-	-
Buildings	10.11	10.11	9.09	9.12	9.12	9.14
Machinery	49.22	47.12	44.06	37.42	37.2	34.53
Construction In Progress	262.21	117.81	34.58	4.34	2.9	1.78
Leasehold Improvements	77.76	77.59	37.14	31.09	29.16	28.74

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q