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May 14, 2026 4:30 PM

Virgin Galactic Stock Slides On Q1 Earnings, Company Targets Q4 Spaceflight

Virgin Galactic Holdings Inc (NYSE:SPCE) reported financial results for the first quarter after the market close on Thursday. Here’s a look at the key details from the report.

Virgin Galactic Holdings stock is in the spotlight. Why are SPCE shares trending?

Virgin Galactic Q1 Earnings

Virgin Galactic reported first-quarter revenue of $227,000, beating estimates of $190,000, according to Benzinga Pro. Revenue in the quarter was attributable to access fees related to future astronauts.

The aerospace and space travel company reported a first-quarter loss of 81 cents per share, beating estimates for a loss of 88 cents per share.

Virgin Galactic used $54 million of cash in operating activities and generated negative free cash flow of $93 million in the quarter. ...