Virgin Galactic Announces First Quarter 2026 Financial Results and Provides Business Update
Virgin Galactic reported Q1 2026 revenue of $0.2 million and a net loss of $65 million, driven by $66 million in GAAP operating expenses. Free cash flow improved significantly to $(93) million from $(122) million year-over-year, reflecting disciplined cost management as the company advances its new SpaceShip through ground testing.
Key figures
- Revenue
- 227000
- Guidance
- Q2 2026 FCF expected to be $(87)M to $(92)M; sequential improvement expected for remainder of 2026
- Revenue Yoy
- -51%
- Capex
- 39807000
- Long term debt
- 202695000
- Atm proceeds q1
- 10961000
- Customer deposits
- 77954000
- Atm proceeds april
- 52000000
- Cash and equivalents
- 124837000
- Gaap operating expenses
- 65819000
- Non gaap operating expenses
- 57782000
- Total cash and marketable securities
- 251000000
AI analysis
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