Virgin Galactic Files Q1 2025 10-Q
Ticker: SPCE · Form: 10-Q · Filed: 2025-05-15T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, quarterly-report, space-tourism
Related Tickers: SPCE
TL;DR
Virgin Galactic dropped its Q1 2025 10-Q. Check financials.
AI Summary
Virgin Galactic Holdings, Inc. filed its 10-Q for the period ending March 31, 2025. The filing covers the first quarter of 2025 and provides financial updates. Key financial data and operational details are presented for the reporting period.
Why It Matters
This filing provides investors with the latest financial performance and operational status of Virgin Galactic, crucial for understanding the company's trajectory in the commercial spaceflight industry.
Risk Assessment
Risk Level: medium — As a company in the nascent space tourism industry, Virgin Galactic faces inherent risks related to technological development, regulatory hurdles, and market acceptance.
Key Numbers
- Q1 2025 — Reporting Period (Covers the first quarter of 2025 financial performance.)
Key Players & Entities
- Virgin Galactic Holdings, Inc. (company) — Filer of the 10-Q
- 20250331 (date) — End of the reporting period
- 20250515 (date) — Filing date
FAQ
What is the reporting period for this 10-Q filing?
The reporting period for this 10-Q filing is the first quarter of 2025, ending on March 31, 2025.
When was this 10-Q filed with the SEC?
This 10-Q was filed with the SEC on May 15, 2025.
What is the company's Central Index Key (CIK)?
The company's Central Index Key (CIK) is 0001706946.
What is the fiscal year end for Virgin Galactic Holdings, Inc.?
The fiscal year end for Virgin Galactic Holdings, Inc. is December 31.
What is the SEC file number for Virgin Galactic Holdings, Inc.?
The SEC file number for Virgin Galactic Holdings, Inc. is 001-38202.
From the Filing
0001706946-25-000079.txt : 20250515 0001706946-25-000079.hdr.sgml : 20250515 20250515161031 ACCESSION NUMBER: 0001706946-25-000079 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 74 CONFORMED PERIOD OF REPORT: 20250331 FILED AS OF DATE: 20250515 DATE AS OF CHANGE: 20250515 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Virgin Galactic Holdings, Inc CENTRAL INDEX KEY: 0001706946 STANDARD INDUSTRIAL CLASSIFICATION: TRANSPORTATION SERVICES [4700] ORGANIZATION NAME: 01 Energy & Transportation EIN: 853608069 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-38202 FILM NUMBER: 25953054 BUSINESS ADDRESS: STREET 1: 1700 FLIGHT WAY CITY: TUSTIN STATE: CA ZIP: 92782 BUSINESS PHONE: (575) 424-2100 MAIL ADDRESS: STREET 1: 1700 FLIGHT WAY CITY: TUSTIN STATE: CA ZIP: 92782 FORMER COMPANY: FORMER CONFORMED NAME: Virgin Galactic Vehicle Holdings, Inc DATE OF NAME CHANGE: 20191025 FORMER COMPANY: FORMER CONFORMED NAME: Social Capital Hedosophia Holdings Corp. DATE OF NAME CHANGE: 20170517 10-Q 1 spce-20250331.htm 10-Q spce-20250331 False Q1 2025 0001706946 --12-31 0.05 xbrli:shares iso4217:USD iso4217:USD xbrli:shares xbrli:pure spce:plan spce:allegedShareholder 0001706946 2025-01-01 2025-03-31 0001706946 2025-05-08 0001706946 2025-03-31 0001706946 2024-12-31 0001706946 2024-01-01 2024-03-31 0001706946 us-gaap:CommonStockMember 2023-12-31 0001706946 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001706946 us-gaap:RetainedEarningsMember 2023-12-31 0001706946 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0001706946 2023-12-31 0001706946 us-gaap:RetainedEarningsMember 2024-01-01 2024-03-31 0001706946 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-01 2024-03-31 0001706946 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-03-31 0001706946 us-gaap:CommonStockMember 2024-01-01 2024-03-31 0001706946 us-gaap:CommonStockMember 2024-03-31 0001706946 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0001706946 us-gaap:RetainedEarningsMember 2024-03-31 0001706946 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0001706946 2024-03-31 0001706946 us-gaap:CommonStockMember 2024-12-31 0001706946 us-gaap:AdditionalPaidInCapitalMember 2024-12-31 0001706946 us-gaap:RetainedEarningsMember 2024-12-31 0001706946 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-12-31 0001706946 us-gaap:RetainedEarningsMember 2025-01-01 2025-03-31 0001706946 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2025-01-01 2025-03-31 0001706946 us-gaap:AdditionalPaidInCapitalMember 2025-01-01 2025-03-31 0001706946 us-gaap:CommonStockMember 2025-01-01 2025-03-31 0001706946 us-gaap:CommonStockMember 2025-03-31 0001706946 us-gaap:AdditionalPaidInCapitalMember 2025-03-31 0001706946 us-gaap:RetainedEarningsMember 2025-03-31 0001706946 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2025-03-31 0001706946 us-gaap:CommonStockMember 2024-06-14 2024-06-14 0001706946 us-gaap:CashMember 2025-03-31 0001706946 us-gaap:MoneyMarketFundsMember 2025-03-31 0001706946 us-gaap:USTreasurySecuritiesMember 2025-03-31 0001706946 us-gaap:CorporateBondSecuritiesMember 2025-03-31 0001706946 us-gaap:CashMember 2024-12-31 0001706946 us-gaap:MoneyMarketFundsMember 2024-12-31 0001706946 us-gaap:USTreasurySecuritiesMember 2024-12-31 0001706946 us-gaap:CorporateBondSecuritiesMember 2024-12-31 0001706946 us-gaap:LandMember 2025-03-31 0001706946 us-gaap:LandMember 2024-12-31 0001706946 us-gaap:BuildingMember 2025-03-31 0001706946 us-gaap:BuildingMember 2024-12-31 0001706946 us-gaap:LeaseholdImprovementsMember 2025-03-31 0001706946 us-gaap:LeaseholdImprovementsMember 2024-12-31 0001706946 us-gaap:AirTransportationEquipmentMember 2025-03-31 0001706946 us-gaap:AirTransportationEquipmentMember 2024-12-31 0001706946 us-gaap:MachineryAndEquipmentMember 2025-03-31 0001706946 us-gaap:MachineryAndEquipmentMember 2024-12-31 0001706946 spce:ITSoftwareAndEquipmentMember 2025-03-31 0001706946 spce:ITSoftwareAndEquipmentMember 2024-12-31 0001