Virgin Galactic
Suborbital tourism. No flights in 2025. Delta-class targeting 2026. High cash burn.
FINANCIAL HEALTH
CAPITAL & CREDIT PROFILE
Reported fundamentals from SEC XBRL companyfacts. Derived figures carry their formula in the caption.
Latest quarter (Q1 ended 2026-03-31, filed 2026-05-14): revenue $227.0K · net income −$64.7M · cash $124.8M — SEC XBRL.
DEBT TRANCHES (2)
| Tranche | Principal | Rate / spread | Maturity | SEC accession |
|---|---|---|---|---|
| 2.50% Convertible Senior Notes Due 2027 | $17.9M | 2.50% | 2027-12-31 | 0001193125-26-276740 |
| 2028 Notes | $212.5M | — | 2028-12-31 | 0001706946-26-000068 |
| Total (unmatured) | $230.4M |
Total = sum of listed unmatured tranche principal. Extracted from SEC filings; tranche-level, not exhaustive. Rate / spread = interest_rate_bps ÷ 100 — fixed coupon or floating-rate spread, as extracted from the filing; floating-rate bank debt shows the spread over its reference rate, not all-in cost.
SECTOR POSITION
RECENT COVERAGE
| Date | Source | Headline |
|---|---|---|
| Jun 15, 2026 | Payload Space | Space Stocks Dip After SpaceX IPO |
| May 28, 2026 | SpaceNews | Virgin Galactic returns Unity to flight to prepare for next-generation spaceplane |
| May 01, 2026 | Ars Technica — Space | Virgin Galactic reveals new ship, but it's running out of time and cash |
REGISTRY DATA
Source: space_company_registry.json · Operator homepage → · Virgin Galactic corporate homepage — confirms suborbital commercial spaceflight operations and Delta-class spaceships (NYSE: SPCE).
METHODOLOGY
Launch history and subsystem outcomes aggregate from AstraVeris's launch_events table with Wilson 95% lower bounds on success rates. ARI scores come from the 11-factor composite (/finance/methodology/). Constellation counts derive from the live CelesTrak/GCAT object catalog. Gov contracts from USAspending.gov awards; private deals from deduplicated pipeline deal extraction. Absence of a row means "not tracked" — we never fabricate. See /methodology/ for the full data model and /data-licensing/ for licensing terms.
Not investment advice. For insurance underwriting, verify against primary-source filings and operator investigation reports.