Virgin Galactic Q3 revenue misses analyst expectations

Virgin Galactic Holdings

13/11/2025 21:23

Overview

Virgin Galactic Q3 revenue misses analyst expectations, with a slight year-over-year decrease

Net loss for Q3 improves to $64 mln, driven by lower operating expenses

Company maintains strong cash position with $424 mln in cash and equivalents, as of September 30, 2025.

Outlook

Virgin Galactic expects free cash flow of $(90) mln to $(100) mln for Q4 2025

Company plans first commercial spaceflight for Q4 2026

Virgin Galactic to start spaceflight sales in Q1 2026

Result Drivers

COST MANAGEMENT - Lower operating expenses contributed to improved net loss for Q3 2025

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Miss
$365,000
$395,830 (6 Analysts)
Q3 EPS
-$1.09
Q3 Net Income
-$64.42 mln
Q3 Operating Expenses
$66.53 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 4 "hold" and 3 "sell" or "strong sell"

The average consensus recommendation for the aerospace & defense peer group is "buy."

Wall Street's median 12-month price target for Virgin Galactic Holdings Inc is $3.92, about 7.5% above its November 12 closing price of $3.62

Press Release: ID:nBw98DK4Fa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)