Virgin Galactic kết quả không đạt kỳ vọng nhưng cổ phiếu vẫn tăng hơn 5%, thử nghiệm tàu vũ trụ sắp diễn ra

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Orange County, California - On Monday, Virgin Galactic Holdings (NYSE:SPCE) reported a fourth-quarter loss per share of $0.98 for the period ended December 31, 2025, with revenue of $0.31 million. Revenue decreased year over year by 27%, from $0.429 million in the same period last year.

After the earnings release, the company’s stock price rose 5.53% in pre-market trading.

The company announced that sales are now open for its spaceflight exploration program, priced at $7.5 million. Its first new spacecraft will enter the ground testing phase in April, and flight tests will begin in the third quarter of 2026.

CEO Michael Colglazier said: “We completed key milestones in the first quarter of 2026. As assembly of our first spacecraft is nearing completion and ground testing will begin in April, we have released a limited run of our Virgin Galactic spaceflight exploration program, priced at $7.5 million per flight.”

Commercial spaceflight operations for the first new spacecraft are still planned to begin in the fourth quarter of 2026, while the second spacecraft is expected to be put into service between the end of the fourth quarter of 2026 and the beginning of the first quarter of 2027.

The company plans to begin manufacturing rocket engines at its facility in Phoenix in the fourth quarter of 2026.

Virgin Galactic’s net loss narrowed from $76 million in the same period last year to $63 million, mainly due to lower operating expenses.

Adjusted EBITDA improved to negative $49 million, compared with negative $63 million in the fourth quarter of 2024. As of December 31, 2025, the company maintained a cash balance of $338 million.

For the first quarter of 2026, Virgin Galactic expects free cash flow to be between negative $90 million and negative $95 million, with a midpoint of negative $92.5 million. The company said free cash flow for the remainder of 2026 is expected to improve quarter over quarter compared with the first quarter.

Translated with the assistance of AI. For more information, please refer to our Terms of Use.

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