SPCE
Virgin Galactic Holdings, Inc Industrials Transportation Services Russell 3000
$2.58Close
$189.2MMarket cap
$2.17 – $7.5252-week range
Nov 12, 2026Next report · after the close
Highlights
Cautions
- Not in an uptrend 1 of 8 trend conditions
- Lagging the market RS 23 · weaker than 77% of stocks over 12 months
- Far from its high 66% below its 52-week high
- Results soon Nov 12, 2026, in 11 days
- Financial distress Altman Z″ in the distress zone
Price
Filing Results Screen pick 52-week high and low Adjusted prices
Key figures
Off 12-month high
66%
1wk
up 4.9%
price change
1mo
down 13.7%
price change
12-month return
down 32%
market up 11% ·
its own down 47%
F-score
2 / 9
Weak
Altman Z″
-11.68
Elevated risk
P/E
—
price / earnings
PEG
—
P/E / EPS growth
P/B
0.7×
price / book
Earnings yield
down 88.9%
EBIT / enterprise value
Cheaper than
33%
of the market · expensive
Revenue growth
down 78%
year on year
EPS growth
—
latest quarter
Sales growth
down 67%
latest quarter · -16 pts
ROE
0%
return on equity
Free cash margin
down 28380%
-$438.2M FCF
D/E
1.01
long-term debt / equity
Net debt / EBITDA
—
Interest cover
—EBIT / interest
Piotroski tests
- not yet profitable on its assets
- operating cash flow is negative
- profits not fully backed by cash
- short-term liquidity weakened
- issued more shares
- gross margin narrowed
- assets working less efficiently
- profitability improving
- reduced long-term debt
Repair signals
- Long-term debt down 34% ($0.4B → $0.3B)
Trade setup
ATR%
6.1%
$0.16 a day · 2×ATR $2.26
RS
23 / 99
vs the universe
Trend
1 / 8
trend template
Relative volume
0.9×
vs 50-day average
Up/down volume
0.85
50 sessions
Implied move
—
no option chain · report Nov 12, 2026
Trend template · 1 of 8
- 150-day average above the 200-day: passes
Screen verdict
Did not qualify for any screen.
Warning signs
- Bankruptcy model reads distressed The Altman score sits inside the range historically associated with financial distress. It is used here only to exclude, never to rank, and it is a statistical band rather than a prediction about this company.
- Shareholders diluted The share count rose 122.2% over the year, from 33m to 73m shares. Each existing share owns a smaller fraction of the company than it did a year ago.
- Gross margin narrowing Gross margin fell from -1179.5% to -4613.0%. The company is keeping less of each dollar of sales than it did a year ago.
- Revenue shrinking Revenue fell 78.1% over the year, from $7.0M to $1.5M.
Last reported
Aug 12, 2026
Results reaction
Aug 12, 2026-6% vs market2 sessions after results
Financials
- Gross -4613%
- Net -18%
- Free cash -28380%
- Cash
- Long-term debt
| FY2020Dec 31, 2020 | FY2021Dec 31, 2021 | FY2022Dec 31, 2022 | FY2023Dec 31, 2023 | FY2024Dec 31, 2024 | FY2025Dec 31, 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $238,000 | $3.3M | $2.3M | $6.8M | $7.0M | $1.5M |
| Gross margin | 27% | 92% | 18% | -643% | -1179% | -4613% |
| Operating income | -$275.3M | -$319.5M | -$500.0M | -$531.5M | -$376.6M | -$285.3M |
| Net income | -$644.9M | -$352,899 | -$500,152 | -$502,337 | -$346,740 | -$278,907 |
| Net margin | -270961% | -11% | -22% | -7% | -5% | -18% |
| Earnings per share | -$2.94 | -$0.00 | -$0.00 | -$0.03 | -$0.01 | -$0.01 |
| Free cash flow | -$250.4M | -$235.4M | -$396.7M | -$492.5M | -$474.6M | -$438.2M |
| Free cash margin | -105193% | -7151% | -17160% | -7243% | -6745% | -28380% |
| Cash | $665.9M | $524.5M | $302.3M | $216.8M | $178.6M | $144.7M |
| Long-term debt | $310,000 | $0 | — | — | $420.1M | $276.4M |
| Shareholders' equity | $527.1M | $894.3M | $480.2M | $505.5M | $322.3M | $274.0M |
| Shares outstanding | 236.12m | 258.17m | 275.40m | 20m | 33m | 73.33m |
Filings
| Filed | Report | Period to | Lag |
|---|---|---|---|
| Aug 12, 2026 | Quarterly ↗ | Jun 30, 2026 | 43d |
| May 14, 2026 | Quarterly ↗ | Mar 31, 2026 | 44d |
| Mar 30, 2026 | Annual ↗ | Dec 31, 2025 | 89d |
| Nov 13, 2025 | Quarterly ↗ | Sep 30, 2025 | 44d |
| Aug 6, 2025 | Quarterly ↗ | Jun 30, 2025 | 37d |
| May 15, 2025 | Quarterly ↗ | Mar 31, 2025 | 45d |
| Feb 26, 2025 | Annual ↗ | Dec 31, 2024 | 57d |
| Nov 6, 2024 | Quarterly ↗ | Sep 30, 2024 | 37d |
| Aug 7, 2024 | Quarterly ↗ | Jun 30, 2024 | 38d |
| May 7, 2024 | Quarterly ↗ | Mar 31, 2024 | 37d |
| Feb 27, 2024 | Annual ↗ | Dec 31, 2023 | 58d |
| Nov 9, 2023 | Quarterly ↗ | Sep 30, 2023 | 40d |
Current reports
| Filed | Disclosed |
|---|---|
| Aug 18, 2026 | Other events ↗ |
| Aug 12, 2026 | Results ↗ |
| Jun 22, 2026 | Unregistered share sale ↗ |
| Jun 15, 2026 | Director or officer change · Shareholder vote ↗ |
| Jun 10, 2026 | Unregistered share sale ↗ |
| Jun 2, 2026 | Other events ↗ |
| May 28, 2026 | Regulation FD · Other events ↗ |
| May 18, 2026 | Unregistered share sale ↗ |
| May 14, 2026 | Results ↗ |
| Apr 30, 2026 | Other events ↗ |
| Apr 24, 2026 | Material agreement ↗ |
| Apr 21, 2026 | Director or officer change ↗ |