NYSE$SPCE
Virgin Galactic Holdings Inc · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
Virgin Galactic reported Q4 2023 financial results, highlighting revenue growth and reduced operating expenses.
Virgin Galactic's Q4 2023 shows increased revenue driven by commercial spaceflights and membership fees, alongside reduced GAAP and non-GAAP operating expenses. The company's net loss decreased compared to the previous year, and its cash position remains strong.
- Cash, cash equivalents and marketable securities totaled $982 million.
- Revenue increased to $3 million, driven by commercial spaceflights and membership fees.
- GAAP operating expenses decreased to $117 million from $154 million in Q4 2022.
- Net loss improved to $104 million compared to $151 million in Q4 2022.
Headline financials
Revenue & EPS history
Virgin Galactic · Revenue · Quarterly
$2.81M
Forward guidance
Virgin Galactic anticipates approximately $2 million in revenue and free cash flow between $(125) million and $(135) million for the first quarter of 2024.
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 Q4 2023
+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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