Virgin Galactic Stock Income Statements

Virgin Galactic Quarterly Income Statements Chart

Quarterly

Annual

Revenue

Gross Profit

Operating Profit

Net Income

Virgin Galactic Quarterly Income Statements Table

Quarterly

Annual

Unit: USD	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31

revenue	2,809,000	1,728,000	1,871,000	392,000	869,000	767,000	357,000	319,000	141,000	2,580,000	571,000					238,000
yoy	223.25%	125.29%	424.09%	22.88%	516.31%	-70.27%	-37.48%
qoq	62.56%	-7.64%	377.30%	-54.89%	13.30%	114.85%	11.91%	126.24%	-94.53%	351.84%
operating expenses:
spaceline operations	24,338,000	25,648,000
research and development	53,848,000	44,848,000	86,574,000	109,870,000	102,596,000	97,411,000	62,340,000	51,827,000	41,518,000	35,593,000	35,903,000	36,363,000	41,082,000	46,243,000	37,150,000	34,282,000
selling, general and administrative	30,844,000	42,218,000	51,437,000	50,365,000	47,298,000	46,113,000	44,700,000	37,007,000	39,902,000	49,859,000	38,503,000	44,914,000	32,854,000	30,936,000	26,047,000	26,755,000
depreciation and amortization	3,646,000	3,286,000	3,192,000	3,245,000	3,117,000	2,214,000	2,915,000	2,852,000
total operating expenses	117,074,000	116,000,000	141,437,000	163,798,000	154,180,000	146,328,000	110,077,000	91,711,000
operating income	-114,265,000	-114,272,000	-139,566,000	-163,406,000	-153,311,000	-145,561,000	-109,720,000	-91,392,000	-81,281,000	-83,079,000	-73,898,000	-81,277,000	-73,936,000	-77,179,000	-63,197,000	-60,972,000
yoy	-25.47%	-21.50%	27.20%	78.80%	88.62%	75.21%	48.47%	12.45%	9.93%	7.64%	16.93%	33.30%
qoq	-0.01%	-18.12%	-14.59%	6.58%	5.32%	32.67%	20.05%	12.44%	-2.16%	12.42%	-9.08%	9.93%	-4.20%	22.12%	3.65%
operating margin %	-4067.82%	-6612.96%	-7459.43%	-41685.20%	-17642.23%	-18977.97%	-30733.89%	-28649.53%	-57646.10%	-3220.12%	-12941.86%					-25618.49%
interest income	13,644,000	12,856,000	8,404,000	7,330,000	6,175,000	3,524,000	1,985,000	818,000	417,000	234,000	214,000	318,000	272,000	322,000	506,000	1,177,000
interest expense	-3,224,000	-3,221,000	-3,216,000	-3,211,000	-3,206,000	-3,293,000	-3,157,000	-2,474,000					-10,000	-9,000	-8,000	-9,000
other income	99,000	86,000	48,000	30,000	51,000	-203,000	194,000	16,000	72,000	70,000	13,000	27,000	9,000	-44,000	221,000	3,000
income before income taxes	-103,746,000	-104,551,000	-134,330,000	-159,257,000	-150,291,000	-145,533,000	-110,698,000	-93,032,000	-80,792,000	-48,343,000	-94,034,000	-129,651,000	-73,665,000	-76,910,000	-62,478,000	-59,976,000
income tax expense	238,000	53,000	34,000	128,000	667,000	-21,000	-23,000	-25,000	153,000	-25,000
net income	-103,984,000	-104,604,000	-134,364,000	-159,385,000	-150,820,000	-145,554,000	-110,721,000	-93,057,000	-80,797,000	-48,368,000	-94,040,000	-129,694,000	-73,637,000	-76,950,000	-62,518,000	-59,930,000
yoy	-31.05%	-28.13%	21.35%	71.28%	86.67%	200.93%	17.74%	-28.25%	9.72%	-37.14%	50.42%	116.41%
qoq	-0.59%	-22.15%	-15.70%	5.68%	3.62%	31.46%	18.98%	15.17%	67.05%	-48.57%	-27.49%	76.13%	-4.31%	23.08%	4.32%
net income margin %	-3701.82%	-6053.47%	-7181.40%	-40659.44%	-17355.58%	-18977.05%	-31014.29%	-29171.47%	-57302.84%	-1874.73%	-16469.35%					-25180.67%
other comprehensive income:
foreign currency translation adjustment	72,000	-60,000	34,000	35,000	167,000	-180,000	-108,000	-25,000	118,000	3,000	-19,000	27,000	-48,000	48,000		-54,000
unrealized income on marketable securities	1,502,000	1,022,000	1,885,000	3,101,000
total comprehensive loss	-102,304,000	-103,642,000	-132,445,000	-156,249,000	-147,737,000	-146,319,000	-112,691,000	-98,862,000	-68,132,000	-48,802,000	-94,059,000	-129,667,000	-49,851,000	-76,902,000	-62,518,000	-59,984,000
net income per share
basic and diluted	-0.23	-0.28	-0.46	-0.57			-0.43	-0.36			-0.39	-0.55	-0.31	-0.34	-0.3	-0.3
weighted-average shares outstanding:
basic and diluted	337,262	375,853	293,222	278,450	263,947		258,589,270	258,287,847	247,618,557		240,733,497	234,191,636	219,107,905	225,253,536	211,784,541	202,409,552
customer experience			234,000	318,000	1,169,000	590,000	122,000	25,000
change in fair value of warrants										34,432,000	-20,363,000	-48,719,000
unrealized loss on marketable securities					2,916,000	-585,000	-1,862,000	-5,780,000	-1,566,000	-437,000
net income per share
basic					-0.335	-0.55			-0.278	-0.19
diluted					-0.335	-0.55			-0.278	-0.32
weighted-average shares outstanding:
basic						263,907,259				254,749,195
diluted						263,907,259				255,147,228
cost of revenue									2,000	207,000	63,000					173,000
gross profit									139,000	2,373,000	508,000					65,000
yoy
qoq									-94.14%	367.13%
gross margin %	0%	0%	0%	0%	0%	0%	0%	0%	98.58%	91.98%	88.97%					27.31%
other comprehensive loss:
income tax benefit											-6,000	-43,000
income tax (benefit) expense													8,500	40,000	40,000	-46,000

We provide you with 20 years income statements for Virgin Galactic stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Virgin Galactic stock. Explore the full financial landscape of Virgin Galactic stock with our expertly curated income statements.

The information provided in this report about Virgin Galactic stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.