Virgin Galactic Holdings, Inc
SPCENYSEIndustrials · Transportation Services · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $1.5M | $7.0M | $6.8M | $2.3M | $3.3M | $238,000 |
| Operating income | −$285.3M | −$376.6M | −$531.5M | −$500.0M | −$319.5M | −$275.3M |
| Net income | −$278.9M | −$346.7M | −$502.3M | −$500.2M | −$352.9M | −$644.9M |
| Total assets | $803.2M | $961.2M | $1.18B | $1.14B | $1.07B | $804.0M |
| Total liabilities | $529.2M | $638.9M | $674.0M | $659.7M | $174.6M | $276.9M |
| Equity | $274.0M | $322.3M | $505.5M | $480.2M | $894.3M | $527.1M |
| EPS (diluted) | $-5.44 | $-13.89 | $-29.79 | $-1.89 | $-1.43 | $-2.94 |
| Shares out. | 35.5M | 400.0M | 280.3M | 258.3M | 236.9M | 195.8M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- −18480.8%
- Net margin
- −18063.9%
- Return on equity
- −101.8%
- Return on assets
- −34.7%
- Return on capital (ROCE)
- −48.0%
- Liabilities / assets
- 65.9%
- Debt / equity
- 1.93×
- Book value / share
- $7.71
- Revenue growth (YoY)
- −78.1%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- -11.68distress
- Accruals / assets
- −4.8%clean
- Piotroski F-Score
- 4/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 2 severe● 4 warning● 1 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Revenue declined year-over-year
- Negative operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗May 11, 2021
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Richrich Capital LlcPassive (13G)May 29, 2026
- Blackrock, Inc.Passive (13G)Jul 16, 2025
- Federated Hermes, Inc.Passive (13G)Jun 4, 2025
- Susquehanna Securities, LlcPassive (13G)May 15, 2025
- Vanguard Group IncPassive (13G)Apr 30, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 22.7M | 2.5 | +3.8% |
| Apr 30, 2026 | 21.9M | 2.7 | +11.5% |
| Apr 15, 2026 | 19.6M | 1.6 | +7.6% |
| Mar 31, 2026 | 18.2M | 4.4 | +7.6% |
| Mar 13, 2026 | 16.9M | 10.5 | +10.0% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Regulation FD disclosure · Other material eventMay 28, 2026
- Unregistered equity saleMay 18, 2026
- Results of operationsMay 14, 2026
- Other material eventApr 30, 2026
- Entered a material agreementApr 24, 2026
- Director / officer changeApr 21, 2026
- Regulation FD disclosureApr 20, 2026
- Director / officer changeApr 14, 2026
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.