NYSE$SPCE

Virgin Galactic Holdings Inc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Announced first quarter 2021 financial results.

Virgin Galactic reported a net loss of $130 million and cash and cash equivalents of $617 million as of March 31, 2021.

  • Unveiled VSS Imagine, the first SpaceShip III class vehicle in Virgin Galactic’s growing fleet, on March 30, 2021.
  • Total Future Astronauts remained at approximately 600, as of March 31, 2021.
  • Established and launched the Virgin Galactic Space Advisory Board, composed of leading experts from the aerospace sector.
  • Announced a three-year extension to the global Land Rover partnership.

Headline financials

Total Revenue

$0.00

Previous: $238K-100.0%
EPS (adj)

-$11.00

Previous: -$6.00-83.3%
Adjusted EBITDA

-$55.9M

No prior period
Capital Expenditures

-$819K

Previous: -$4.04M+79.7%
Free Cash Flow

-$131M

Previous: -$64M-104.0%
Net Income

-$130M

Previous: -$59.9M-116.4%
Operating Income

-$81.3M

Previous: -$61M-33.3%
Gross Profit

$0.00

Previous: $65K-100.0%
Cash & Equivalents

$617M

Previous: $419M+47.0%
Total Assets

$748M

Previous: $548M+36.5%
Stock-Based Comp

$22.1M

Previous: $4.43M+399.7%

Revenue & EPS history

Virgin Galactic · Revenue · Quarterly

$0

Q1 2021-100%vs Q1 2020
Beat estimate in 3 of 9 quarters(33%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

+0.0%

Avg return

Earnings day

-3.0%

Avg return

5 days after

-5.3%

Avg return

30 days after

49%

17 / 35 earnings

Positive

+41.1%

Q1 2025

Best reaction

-19.3%

Q4 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.1%-13.2%
Q4 2025+13.1%+13.4%+9.7%
Q3 2025+10.6%+4.5%-2.1%
Q2 2025-9.8%-20.9%-14.8%
Q1 2025+41.1%+11.0%-10.4%
Q4 2024-0.3%-11.5%-21.6%
Q3 2024-8.7%+9.7%-5.8%
Q2 2024+6.6%+3.2%+3.5%
Q1 2024-3.4%-7.6%-19.6%
Q4 2023-1.7%-5.1%-16.9%
Q3 2023+6.9%+8.6%+33.9%
Q2 2023-7.5%-13.1%-41.1%
Q1 2023+2.2%-1.7%+0.7%
Q4 2022-14.0%+0.0%-26.2%
Q3 2022+8.6%+10.4%+13.5%
Q2 2022-18.1%-19.5%-30.7%
Q1 2022-17.7%-29.2%-15.7%
Q4 2021-3.7%+9.3%+15.8%
Q3 2021+7.0%-1.6%-16.8%
Q2 2021+8.4%+1.8%-21.1%
Q1 2021-7.6%-17.5%+79.3%
Q4 2020-19.3%-26.8%-35.8%
Q3 2020+5.5%+13.5%+59.4%
Q2 2020-7.7%-18.7%-23.8%
Q1 2020+10.9%+21.0%-4.9%
Q2 2019+18.3%+8.1%-30.0%
Q4 2019-16.2%-28.3%-50.2%
Q3 2019-4.7%-5.1%-10.1%
Q1 2019+0.0%+0.2%+0.0%
Q2 2018+0.1%+0.4%+1.0%
Q4 2018+0.1%+0.4%+1.0%
Q3 2018+0.5%+0.1%+0.6%
Q1 2018+0.1%-0.1%+0.4%
Q4 2017-0.2%+0.0%+0.4%
Q3 2017-1.3%-1.9%-1.9%

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