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Virgin Galactic Holdings, Inc. (SPCE)
NYSE: SPCE · Real-Time Price · USD
2.670
-0.170 (-5.99%)
At close: Oct 12, 2026, 4:00 PM EDT
2.710
+0.040 (1.50%)
Pre-market: Oct 13, 2026, 6:44 AM EDT

Virgin Galactic Holdings Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
-247.74-278.91-346.74-502.34-500.15-352.9
Depreciation & Amortization
15.9916.4915.4713.3711.111.52
Other Amortization
2.072.292.232.172-
Loss (Gain) From Sale of Investments
-2.87-6.07-16.64-15.09--
Stock-Based Compensation
20.0418.729.7544.2645.7161.81
Other Operating Activities
-8.63-01.461.5110.834.66
Change in Inventory
----5.630.82
Change in Accounts Payable
10.1111.22-29.28.6335.157.94
Change in Unearned Revenue
-0.6-5.96-13.35-4.8111.787.65
Change in Other Net Operating Assets
-0.82.14.314.11-2.25-2.25
Operating Cash Flow
-212.45-240.14-352.7-448.19-380.24-230.76
Operating Cash Flow Growth
------

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Expenditures
-174.01-198.05-121.86-44.31-16.49-4.64
Investment in Securities
249.19288.88296.9-71.96-269.68-382.88
Other Investing Activities
0.010.010.61---
Investing Cash Flow
75.1990.84175.66-116.27-286.17-387.52

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Long-Term Debt Issued
-212.5--425-
Long-Term Debt Repaid
--320.81-0.19-0.24-0.54-0.45
Net Debt Issued (Repaid)
-116.54-108.32-0.19-0.24424.46-0.45
Issuance of Common Stock
226.87167.7137.8484.15103.38519.98
Repurchase of Common Stock
-1.87-0.18-1.21-3.24-3.98-23.4
Other Financing Activities
53.4854.92-2.06-5.24-64.84-6.77
Financing Cash Flow
161.94114.13134.34475.43459489.36

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Cash Flow
24.69-35.17-42.71-89.04-207.4-128.93

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Free Cash Flow
-386.46-438.19-474.56-492.5-396.73-235.4
Free Cash Flow Growth
------
Free Cash Flow Margin
-37231.31%-28379.99%-6744.71%-7242.68%-17159.60%-7150.61%
Free Cash Flow Per Share
-4.92-8.55-19.02-29.21-30.06-19.01
Levered Free Cash Flow
-295.97-339.66-342.7-305.91-243.96-126.74
Unlevered Free Cash Flow
-291.71-333.97-336.85-300.03-238.37-126.72

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash Interest Paid
11.578.6910.6315.945.67-
Cash Income Tax Paid
0.11-0.30.660.080.11
Change in Working Capital
8.77.37-38.247.9350.3114.15
SEC Filings: 10-K · 10-Q