NYSE$SPCE
Virgin Galactic Holdings Inc · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
Announced first quarter 2022 financial results.
Virgin Galactic reported a net loss of $93 million for Q1 2022, compared to a $130 million net loss in Q1 2021. The company's cash position remains strong with $1.22 billion. Commercial service launch is expected to move from Q4 2022 to Q1 2023 due to supply chain and labor constraints. Demand for tickets remains strong, with approximately 800 future astronaut reservations.
- Cash position remains strong, with cash and cash equivalents, restricted cash and marketable securities of $1.22 billion as of March 31, 2022.
- Net loss of $93 million, compared to a $130 million net loss in the first quarter of 2021.
- VSS Unity test spaceflight expected in Q4 2022.
- Expect to launch commercial service in Q1 2023.
Headline financials
Revenue & EPS history
Virgin Galactic · Revenue · Quarterly
$319K
Forward guidance
Forecasted free cash flow for the second quarter of 2022 is expected to be in the range of $(80) to $(90) million.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 18 quarterly earnings reports · overlaid with Q1 2022
+0.0%
Avg return
Earnings day
-4.1%
Avg return
5 days after
-4.5%
Avg return
30 days after
49%
17 / 35 earnings
Positive
+41.1%
Q1 2025
Best reaction
-19.3%
Q4 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | +13.1% | -23.5% | — | |
| Q1 2026 | +2.1% | -13.2% | +35.9% | |
| 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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